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