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It's Annual and
Budget Meeting
Time
Watch for Notices & Coupon Books
It's just about that
time again! Usually, as we head into the holidays, community associations have
meetings about budgets and their annual meetings.
The budget meeting is
the forum where the Board will review and adopt the operating budget projecting
the funds needed by the association to cover its operating expenses and provide
reserves for repair and replacement of the common elements of the property the
community maintains.
The annual meeting is
the forum where voting for leadership for the next year takes place, and where
general decisions concerning the community's actions for the coming year
ensue.
