Tag: annual

2019 Annual Member Meeting

The Annual Member Meeting for the Rio Crossing Homeowners Association is being held this month.

Date: Wednesday September 25, 2019

Time: Meeting starts at 7pm. Sign-up begins at 6:45pm. Meeting should last under an hour.

Location: Palm Valley Community Center, 14145 W Palm Valley Blvd, Goodyear, AZ. About half a mile west of Litchfield Road.

Members of the association — owners of lots in Rio Crossing — should receive an envelope in the mail with ballots, candidate information, and meeting information some time the first week of September. All members are encouraged to submit a ballot by mail to ensure that the association achieves a quorum (minimum number of votes + attendees to conduct business). See this page for more details.

Audit Report for 2018

Your association bylaws say:

1.5 Financial Records – An annual report consisting of at least a balance sheet and an operating (income and loss) statement shall be made available to all Members within 60 days after the close of each fiscal year. The annual financial report shall be prepared by a certified public accountant and shall be on an audited, reviewed or compiled basis, as the Board determines.

Rio Crossing Homeowners Association Bylaws, Section 1.5

We have received the annual financial report for 2018, and it is available for all to read here. It was a “compiled basis” report. (This article describes the difference between compiled, reviews, and audit reports.)

The annual financial report for 2017 was an audit report, and is available here.