Cohousing-L Mailing List: Re: Long-term treasurer? was Re: Hardship funds/resources

[Sharon Villines (sharon]

> 
> To dovetail with this question, what is the typical term length for finance 
> team members in different cohousing situations, and how did you come up with 
> this? Are team members elected? 

We have an elected treasurer — basically, anyone who is competent might be 
nominated, and then whoever will do the job is elected. Few people want to do 
it more than 2-3 years. 

The Treasurer works with the management company to get checks processed 
correctly and reviews their records. The Treasurer is a member of the Board and 
works with the Admin Team to discuss issues and ensure that accounts are 
balanced.

We have several layers of people who approve expenditures by members. The 
detailed budget is approved annually and we all receive monthly financial 
reports. Some of us do read those regularly.

Sharon
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Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org