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Members push to require yearly audit and prefer December timing for election transparency
Summary
Members agreed to require an annual audit of association finances and leaned toward holding the audit in December so audited results can be available for the election packet; the Moderator said he would write the language to specify December.
Members discussed rewording auditors' duties so the association must conduct a complete audit at least once a year and make the report available to members. Speakers reviewed the tradeoffs of a December audit (audited results available before the January election packet but missing December receipts) versus a January audit (covers full calendar year but results arrive after the election).
The Moderator said the group tends to favor a December audit and noted the goal of keeping audits short and inexpensive where possible; he concluded, "I'll write it to to be December then." The proposal will be prepared for the November board meeting and sent for legal review before inclusion in the election mailing.
