7
Planning and Directing
ANNUAL CALENDAR
One of the most important roles of the Board is establishing the direction of the association and
allocating resources. The resources you have to allocate are dollars and human resources. Dollars
take the form of the assessments you collect for operations & reserves and human resources are
the time of your community management team, the Board and other volunteers. One way to use
these resources wisely is to create an annual plan. Creating an annual plan may occur as part of
the budget process while you determine the projects you want to complete for the coming year.
Used effectively, annual calendars become the road map for management and the Board of
Directors to. It becomes the single-source of all of the critical events, activities, compliance and
renewal dates for the year.
Common items found in an Annual Calendar:
• Meeting Dates
• Routine preventative maintenance items
• Reserve projects
• Facilities Open and Closing dates
• Election milestones
• Budget Preparation Cycle
• Certificate of Deposit renewal dates
• Insurance renewal dates
• Contractor Walk through dates
See sample Annual Calendar on the next page.
