tee agendas and minutes do ….

tee agendas and minutes do not have to be posted—but GRF does it for 14 or 15 committees, most of which meet every month. GRF standards require board minutes to be posted within two days—state law gives us 30 days. During this time of financial stress, we’ll be assessing how we can best fulfill all legal requirements while using our personnel resources more effectively.

We’re also exploring emergency procedures providing immediate relief in your 2023 assessment. The GRF board is considering a temporary shift in the foundation’s funding of reserves. If approved, GRF would devote a portion of an anticipated 2022 surplus to fund 2023 reserve contributions normally paid by residents’ assessments. Such action could only be temporary, because the funding would have to be restored by residents in coming years. But it is a measure of the creativity your GRF directors may employ to soften the hit to your pocketbooks come Jan. 1.

Next week, I’ll discuss what may be the surprising advantages your household budget possess to cope with disruptions caused by the worldwide financial environment.