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Dues and Budgets
- Financing OPUDA’s Activities. The Association shall finance its activities, in whole or in part, through the collection of dues and special assessments to be paid by its Members.
- Amount; Time to Pay. Each year during its annual meeting, the Board shall set the amount of dues to be paid by each Member for the upcoming year. Annual dues shall be an equal amount for each Member and shall be paid on or before January 1 each year.
- Additional Amounts. In addition to charging and collecting dues, the Board may, from time to time, levy special assessments against the Members to cover extraordinary or unexpected expenses anticipated or incurred by OPUDA. Special assessments shall be assessed in equal amounts to each Member and shall be paid within such time and in such manner as determined by the Board.
- Preparation of Budget. Prior to the annual meeting, the Executive Director shall prepare a proposed budget for OPUDA for the ensuing year. The proposed budget shall be presented to and approved or modified by the Board prior to the end of the calendar year.
