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Some of the most important decisions about how the Columbia
Association will raise and spend money are made during
the budget process. Construction of new facilities,
the renovation of existing ones, provisions for new
programs, the modification of existing services and
the setting of rates are the kinds of decisions made
by CA’s Board of Directors.
Before the budget is approved, public hearings are
held so that Village Boards, Advisory Committees,
community groups and individual residents can comment
on the budget and present recommendations to the CA
Board. The CA Board tasks the Resident Budget Committee,
a subcommittee of the Financial Management Committee,
with analyzing and reporting back on various aspects
of the budget.
The final budget is approved annually in February
for implementation on May 1, the start of our fiscal
year. Copies of the budget are available at your village
community center, the Welcome Center, some CA facilities
and at the public libraries in Columbia.
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