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As a best non-profit practice, an Annual General Meeting (AGM) for BIA members should take place once a year to address legal requirements. An AGM ensures the business taxpayers have an opportunity to:
provide input on operational matters
ask questions of the board and staff
run for a board position
comment on the annual budget
The following are deliverables that may be presented at the AGM:
a report about proposed activities and upcoming budget from the executive director
a report including financial statements and budget overview from the auditor
nominations for new board members
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