{"id":22313,"date":"2026-03-06T17:45:41","date_gmt":"2026-03-06T22:45:41","guid":{"rendered":"https:\/\/www.woodsworthcoop.ca\/?page_id=22313"},"modified":"2026-04-22T16:58:32","modified_gmt":"2026-04-22T20:58:32","slug":"finances-budgets-housing-charges-and-reports","status":"publish","type":"post","link":"https:\/\/www.woodsworthcoop.ca\/index.php\/finances-budgets-housing-charges-and-reports\/","title":{"rendered":"Finances: budgets, housing charges &#038; reports"},"content":{"rendered":"<p>The board of directors manages the affairs of the co-op but must report to the members on specific matters. Also here, member-related issues such as arrears and financial assistance.<\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/arrears-and-evictions\" target=\"_blank\" rel=\"noopener\">Arrears &amp; evictions<\/a><br \/>\nIncludes repayment plans and performance agreements. Evictions.<\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/budgets\/\" target=\"_blank\" rel=\"noopener\">Budgets &#8211; operating and capital<\/a><br \/>\nWoodsworth&#8217;s fiscal year runs from August 1 to July 31. Members must approve budgets and housing charges. Schedule of member charges.<\/p>\n<p>Explainer:\u00a0<a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/annual-budgets-housing-charges-and-reserves\/\" target=\"_blank\" rel=\"noopener\">Annual budgets, housing charges and reserves<\/a><\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/financial-reporting-and-audit\/\" target=\"_blank\" rel=\"noopener\">Financial reporting and audits<\/a><br \/>\nMembers appoint the auditor at the annual general meeting. Includes other required reporting to members on financial issues. Building condition assessments (BCA) used to develop budgets.<\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/financial-policies-and-bylaws\/\" target=\"_blank\" rel=\"noopener\">Financial policies and bylaws<\/a><br \/>\nIncludes Spending bylaw, investments, Finance Committee policy, donations. Finance-related articles in the Occupancy Bylaw.<\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/housing-charges\" target=\"_blank\" rel=\"noopener\">Housing charges<\/a><br \/>\nHow to pay. Changes in housing charges. Changes in member deposits. Schedule of member charges.<\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/mortgage\/\" target=\"_blank\" rel=\"noopener\">Mortgage<\/a><br \/>\nRenegotiated.<\/p>\n<p><a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/category\/housing-charges-and-finances\/subsidies-and-fnancial-assistance\/\" target=\"_blank\" rel=\"noopener\">Subsidy and financial assistance<\/a><br \/>\nCMHC and co-op funded emergency assistance<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of directors manages the affairs of the co-op but must report to the members on specific matters. Also here, member-related issues such as arrears and financial assistance. Arrears &amp; evictions Includes repayment plans and performance agreements. Evictions. Budgets &#8211; operating and capital Woodsworth&#8217;s fiscal year runs from August 1 to July 31. Members &hellip; <a href=\"https:\/\/www.woodsworthcoop.ca\/index.php\/finances-budgets-housing-charges-and-reports\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Finances: budgets, housing charges &#038; reports&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"on","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1],"tags":[490],"class_list":["post-22313","post","type-post","status-publish","format-standard","hentry","category-no-category","tag-bca"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/posts\/22313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/comments?post=22313"}],"version-history":[{"count":0,"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/posts\/22313\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/media?parent=22313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/categories?post=22313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.woodsworthcoop.ca\/index.php\/wp-json\/wp\/v2\/tags?post=22313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}