What Does a Board Member Do?

We are coming up on the election again for our HOA Board.  And we thought some residents might be wondering exactly what a Board member does -- what their responsibilities are -- how much work they have to put in. So we thought we would provide a little information.

Acting through the board as a whole, a board member has the responsibility to:

  • Enforce the community documents
  • Establish sound fiscal policies and maintain accurate records
  • Develop a workable budget, keeping in mind the needs, requirements and expectations of the community
  • Establish reserve funds
  • Act on budget items and determine assessment rates
  • Collect assessments
  • Establish, publicize, and enforce rules and penalties
  • Authorize legal action against owners who do not comply with the rules
  • Review local laws before passing rules or sending bylaws to membership for approval
  • Appoint committees and delegate authority to them
  • Select an attorney, an auditor, insurance agent and other professionals for the association
  • Provide adequate insurance coverage, as required by the bylaws and local governmental agencies
  • Inform board members of all business items that require their vote
  • Inform members of important board decisions and transactions
  • See that the association is protected for the acts of all parties with fiscal responsibilities
  • Attend and participate at meetings

In sum, the responsibilities of a Board member are broad.  To be able to act responsibly, the Board member needs to have a wide range of business knowledge.

In future articles, we will discuss each of these areas of responsibility in more depth.