King City Civic Association Resolution: Finance 2012-401
ANNUAL BUDGETING SCHEDULE
Bylaws Article VI, Section 8; ORS 94.645
The Budget Committee shall be chaired by the Board Treasurer.
Budget preparation and notice-related matters shall follow this schedule:
August
Board appoints Budget Committee and sets date and time for Annual Members' Budget Forum (some time the first week of November, prior to November Board meeting).
September
Committee begins developing operating and reserve budgets by September 1.
October
Committee and Treasurer update the Board on the progress and content of the budget review.
November
Treasurer conducts Annual Members' Budget Forum. The following week the Board adopts the budget.
December
Budget distributed to Members and the annual assessment announced by December 1.
IT IS RESOLVED this ___ day of February 2012 by a majority vote of the Board of Directors and effective upon distribution of the Association's March 2012 Newsletter
King City Civic Association
By Terry Shane, President By Maxine Van Dyke, Secretary
Adopted 01/01/04
Reviewed 07/17/07
Revised and Restated 02/14/12