HOA board member doesn’t want to raise assessments (NV)

Q: I’ve got a question about the board raising monthly dues. I was just voted to the board in December. I am the only one against raising dues. We are not in the red yet and are just breaking even budget-wise. I want to cut expenses first, and if that does not work, then, as the last resort, raise dues. Our dues are at $200 a month now; they want to raise it $30 a month to $230. This section below is from our covenants, conditions and restrictions. What does this mean?   Read the Q&A………………………………..

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