Do association members get to comment and vote on fee increases?
While preliminary discussions of such may occur in executive sessions of the Board, any contemplated fee increase is always approved by means of a vote during an open board meeting, generally preceded by public discussion. While association members may witness the discussion, and may be provided the opportunity provide input and suggest alternatives, the mandate to maintain sound fiscal policy and a sound physical plant is a duty that is given exclusively to the Board as part of the association election. There is no association membership vote that is mandated or required in regard to maintenance fee structuring or increases, except for “special assessments” (which are generally for non-emergency fundings).
Do association members get to comment and vote on fee increases?