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documents:manual:finance [2024/05/17 16:33 UTC]
paulwuersig [Reporting] fix spacing
documents:manual:finance [2025/01/16 00:53 UTC] (current)
rainbowbugjar [Payment Plans]
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   * Dues are to be deposited on or before the 7th of the month, or they are considered late.   * Dues are to be deposited on or before the 7th of the month, or they are considered late.
-  * If a member's dues are late and more than $100 is owed, they will incur a $10 fine on top of their dues. The fine will be assessed on the 8th of the month. <sub>[[:meetings:archive:2023-03-12#agenda_item_1|[HM 3-12-23]]]</sub>.+  * If a member's dues are late and more than $250 is owed, they will incur a $10 fine on top of their dues. The fine will be assessed on the 8th of the month. <sub>[[:meetings:archive:2023-03-12#agenda_item_1|[HM 3-12-23]]]</sub>.
   * If after the 15th of the month a member still owes more than $100, they will incur a second $10 fine on top of their dues. This fine will be assessed on the 16th of the month. <sub>[CHEA Contract]</sub> <sub>[[:meetings:archive:2023-03-12#agenda_item_1|[HM 3-12-23]]].</sub>   * If after the 15th of the month a member still owes more than $100, they will incur a second $10 fine on top of their dues. This fine will be assessed on the 16th of the month. <sub>[CHEA Contract]</sub> <sub>[[:meetings:archive:2023-03-12#agenda_item_1|[HM 3-12-23]]].</sub>
   * Late fees accrued on any unpaid debts while a member is in a hospital, including a psychiatric hospital, shall be waived <sub>[[:meetings:archive:2015-10-04#agenda_item_4|[HM 10-4-15]]]</sub>.   * Late fees accrued on any unpaid debts while a member is in a hospital, including a psychiatric hospital, shall be waived <sub>[[:meetings:archive:2015-10-04#agenda_item_4|[HM 10-4-15]]]</sub>.
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   * Debts covered by a payment plan shall not accrue any new late fees.   * Debts covered by a payment plan shall not accrue any new late fees.
   * Scheduled payments made as part of an ongoing payment plan are **in addition**  to the resident's monthly rent.   * Scheduled payments made as part of an ongoing payment plan are **in addition**  to the resident's monthly rent.
-  * Residents are expected to make payments in full and by the exact date as outlined in the signed payment plan. Failure to do so shall be considered a violation of the payment plan agreement and a notice to vacate shall be issued.+  * Residents are expected to make payments in full and by the exact date as outlined in the signed payment plan. Failure to do so shall be considered a violation of the payment plan agreement. Within 5 days after a missed payment on a payment plan, 14-day notice to vacate shall be issued. <sub>[[meetings/2023-08-13|HM 08-13-23]]</sub>
  
 Officers shall not be permitted to authorize, without house approval, a payment plan: Officers shall not be permitted to authorize, without house approval, a payment plan:
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   - If the payment plan would extend past the end date of a resident's lease.   - If the payment plan would extend past the end date of a resident's lease.
  
-<sub>[[meetings:archive:2015-11-15#agenda_item_1|[HM 11-15-15]]]</sub>+<sub>[[:meetings:archive:2015-11-15#agenda_item_1|[HM 11-15-15]]]</sub> 
  
 ==== Turning in Receipts ==== ==== Turning in Receipts ====
documents/manual/finance.1715963597.txt.gz · Last modified: 2024/05/17 16:33 UTC by paulwuersig