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The Florida statute that covers home owners associations, co-ops and condominiums requires an annual budget.

As well, your governing documents detail this process and its timing.

'Power to present' usually belongs to the board that has developed the budget, voted on it, and presents it to the membership for ratification. Again, your governing documents detail the ratification process.

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Q: What Florida statute gives power to present an annual budget in a Home Owners Association?
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