Reprinted from TowerTalk, Committee Focus
August 26, 2015
September 1, 2015
Reprinted from Committee Focus, Sep-Nov TowerTalk ..
At the next meeting we will review the latest financial statements; receive the 2016/17 proposed budget from management; and set the next eight or so meetings to discuss the proposed budget and possible revisions.
Owners are encouraged to attend the open meetings, where they will gain insight as to how the committee arrives at the assessment levels needed to cover expenses and build our reserves. Open meetings, such as the one in September, begin with the chair addressing questions from visitors.
Note, however, that questions from visitors are not allowed during budget review meetings, in order that the association may meet its legal deadlines leading up to the March 1 start of our next fiscal year.
About the Author: Bob Shamo
Park Tower Horizons
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