The most recent legislative changes to the CCIOA budget process have many people extremely confused, especially with respect to applicability of the budget process to pre-CCIOA communities. Instead of trying to explain the process in words—which seems to confuse people even more—we hope the below flowchart will take the confusion out of the process.
Remember, the newly reformed budget process became effective July 1, 2018 and is now applicable to ALL common interest communities.
For more information about the CCIOA budget process, please contact one of our attorneys at 303.432.9999.