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3/7/2016 12:00:27 PM
 
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Section 5: OPA Board Subject: OPA Food Truck Msg# 943110
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I sent this to board. Did you ask board?
Below is a copy of a section of the HOA Act with regard to HOA budgets. It was sent to me by an association member who believes OPA has not complied with the Act. Most especially, the section of Act that specifies how the HOA must provide a copy of the proposed budget to association members. To my knowledge, the board did not comply with §11B–112.2. I believe the only way for an association member to see the entire budget prior to approval was to go and look at a hard copy in the Admin building lobby. |
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For reference, the above message is a reply to a message where: Just an FYI from the Maryland HOA - regarding section b.2 it would seem to me that the requirement, or at the very lest, the intent, is to have the proposed budget in the hands of association members prior to a vote by the board to adopt it. I would argue that having one paper copy in the lobby of the administration building for review does note meet the requirement for b.2 §11B–112.2. Annual budget. (a) Applicability. -- This section applies only to a homeowners association that has responsibility under its declaration for maintaining and repairing common areas. (b) Adoption (1) The board of directors or other governing body of a homeowners association shall cause to be prepared and submitted to the lot owners an annual proposed budget at least 30 days before its adoption. (2) The annual proposed budget may be sent to each lot owner by electronic transmission, by posting on the homeowners association’s home page, or by including the annual proposed budget in the homeowners association’s newsletter. |
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