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Budget Approval


Guest Dick Schwalbenberg

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Guest Dick Schwalbenberg

I have a different angle on this.  Our Property Owners Assoc requires that the membership vote on a budget.  Our first budget failed and a second was created per our bylaws.  The second was approved by the Board to go to the membership for a vote.  The vote was taken and the proxies were counted and the results announced at a Special Meeting of the Membership called to ratify the results of the vote.  

If the membership voted to adopt this budget does the Board need to approve it?  This was asked by a member after the meeting as the Board announced the vote which was the purpose of the Special Meeting.  Others are of the mind that if the Board had to approve it, then they could just as well NOT adopt a membership vote?

 

 

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1 hour ago, Guest Dick Schwalbenberg said:

 If the membership voted to adopt this budget does the Board need to approve it?  This was asked by a member after the meeting as the Board announced the vote which was the purpose of the Special Meeting.  Others are of the mind that if the Board had to approve it, then they could just as well NOT adopt a membership vote?

 

This seems to depend on your bylaws. In general, the board need not approve what the membership decides, and may not reverse what the membership decides. But your organization may have special rules for the budget.

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1 hour ago, Guest Dick Schwalbenberg said:

If the membership voted to adopt this budget does the Board need to approve it?

 

10 minutes ago, Joshua Katz said:

This seems to depend on your bylaws. In general, the board need not approve what the membership decides, and may not reverse what the membership decides. But your organization may have special rules for the budget.

I agree with Mr. Katz and was about to post the same thing.  You might look at Official Interpretations 2006-12 and 2006-13 on the main website.  Here is a link to 2006-12.  2006-13 is right below it:  http://www.robertsrules.com/interp_list.html#2006_12

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