Archive: August 2018

Assessments, Budget, business, community management, condos, Educational, HOAs | August 30, 2018
WHY THEY ARE IMPORTANT Homeowner Association Assessments (HOA Dues) are used to keep your association running. Just like the money you pay to keep your electricity on, if the association doesn’t receive your assessments then all the funds budgeted won’t be available to keep the association running. What do your assessments cover? Your annual, monthly or quarterly HOA payment will...
Budget Season is Here!
Budget, business, condos, HOAs, property management | August 28, 2018
Budget Season is Here!

September is the start of “Budget Season” for those communities for a fiscal year end of December 31.  What to expect this year: 

Pre-CCIOA Communities Can Veto the Association Budget
Industry Updates | August 2, 2018
Pre-CCIOA Communities Can Veto the Association Budget

If you are a Post-CCIOA community you are familiar with the budgeting process.  However, if you live in a community association that was developed prior to July 1, 1992 you may not.  House Bill 18-1342 was passed by Governor John Hickenlooper requiring all Pre-Colorado Common Interest Ownership Act (CCIOA) to follow the same veto process found in Section 303(4)(a) of CCIOA….

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