Info Bytes 07.07.22

CIC Info Bytes are frequent, succinct updates that provide educational and engagement opportunities to help your community thrive! Subscribe to receive CIC Info Bytes updates by email . Join us on Reddit at r/HOA .

ISSUE # 42

CIC Info Bytes 07/07/22

CIC Info Bytes are frequent, succinct updates providing educational and engagement opportunities that help your community thrive! Please forward and share this newsletter with your peers, neighbors and colleagues so they can connect and join .

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The Latest

Take the 2022 RESERVE QUESTIONNAIRE

As always, YOUR participation is key! Please grab your favorite beverage, get comfy and relax your way into this ~15 minute survey.

Full results will be published the first week of August! View results from 2021

Blog, News & Discussion

We've kept our focus on investing as budget-busting inflation continues at home and across the globe.

Principal Guaranteed Securities: Don't Trade CONVENIENCE for YIELD

DOLLAR$ and SEN$E: Are you Investing, Gambling, or Guessing?!?

Discussion Highlights

Can the Board Increase the Size of our Clubhouse?
- Holding a vote and having the authority to act are distinctly different. Look to your declaration / CC&Rs for requirements related to Capital Improvements.
Are your Board Members Cashing Out!!!
- Do members of your Board routinely get reimbursed for association-related purchases or expenses? Is everything thumbs up?

CIC Volunteer Feat of the Week

Resource Updates

Decision Ledger / Record of Motions
- Motion Spreadsheet and Record of Motions are two of the most recent threads discussing the value of tracking your association's decisions over time.
- Maintaining a decision ledger seems like it should be mandatory, yet many organizations fail to do so and instead sift through dozens of individual meeting minute records (yes, those are the official records, but they need not be the only reference point) in order to identify prior decisions, spending authorizations, etc.
- View our example Decision-Recording Policy.

CIC State Statute Database Project
- We need YOUR help to create a comprehensive CIC state statute database
- Please email us if you're interested!

+++ Have a question that you'd like to ask directly to your peers? Ask YOUR listserv! +++

Homeowners | Volunteer Leaders | Managers & Management Companies | Vendors

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A Note About Ukraine

The people of Ukraine are undergoing tremendous displacement from their homes coupled with loss of life, tragedy and suffering. You can pledge to support the people of Ukraine in 30 seconds and learn more about ways to provide direct support to organizations making a difference there.