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Distribution of Budget
The budget must be distributed not less than 30 days nor more than 90 days prior to the beginning of the association's fiscal year. Civil Code §1365(a)4. There are penalties for distributing a late budget.

Summary of Budget. In lieu of distributing the budget, the board may distribute a budget summary and reserve summary with a written notice (in at least 10-point bold type on the front page of the summary of the budget) that the complete budget is available at the business office of the association or other location and copies can be made, if requested, at the association's expense.

Full Budget. If a member requests that a copy of the budget be mailed to the member, the association shall provide a copy by first-class mail at the expense of the association and delivered within five (5) days of the request. Civil Code §1365(d).

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