Annual Community HOA Meetings are in Full Swing
You Should Attend. Here's Why:
Annual HOA meetings get a bum rap for being long, boring and poorly attended. They serve at least four critical functions, however.
The Election of Directors HOA Boards have considerable authority and responsibility to govern the corporation, and residents who become officers and directors of associations are key to its success or failure. Attendance helps residents become acquainted with the people who will be effecting change in the community in which they live.
Ratification of the Budget and Annual Assessments Many homeowners have little idea of how their HOA dues are being spent and how much it actually costs for landscaping, for example, insurance, accounting and legal services, etc. Annual meeting attendance helps residents understand where their money is going.
Critical Votes Annual meetings are the one time each year that the entire membership has an opportunity to vote on critical issues such as amendments to bylaws and special assessments. Annual meetings offer great insight into large communal changes in store.
Thanks and Support of Leadership Board members work hard and endure as much as anyone in any voluntary position. Annual meeting attendance is a great way for residents to show their support and give thanks in an official capacity.
At CAMS, we recommend that you make it a point to attend your community's annual meetings. If you don't go, you won't know!
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