Annual Meeting November 9th, 2011, at 7:00 p.m.at the Kennewick Union Library (located at 1620 S. Union Street).
Documents related to the Annual meeting can be found in the Documents section on this website.
The basic reason for the change in the timeline to bill and collect for the annual assessments is that the Covenants require the Board to prepare and execute an annual budget based on a fiscal year. The fiscal year is the calendar year (unless changed by the Board per Section 7.1 of the Covenants). It is the Board’s understanding that the present practice evolved without consideration of the established fiscal year and the Board’s responsibility to establish and execute an annual budget. Therefore, aligning the annual assessments billing and collection with the fiscal year is necessary to enable management of revenues (annual assessments) with expenses.