Budgeting and the Bottom Line: Reviewing Your Association’s Budget

Preparing the annual budget is by no means an easy task. Those charged with preparing condominium or HOA budgets will soon begin reviewing costs, gathering data and projecting expenses for the coming year.   Read more…….


Related Articles

When “No” Means “Maybe”: A Former Board President on Flexibility with Rules

I served for 25 years as the president of my co-op board (and hope to serve on the board again,

When do community associations need to vote to roll over surplus funds to the next fiscal year?

In order to avoid adverse tax consequences, community associations should consider conducting a vote to apply surplus funds in their

Condominium Associations May Recoup Insurance Deductibles (NJ)

One of the largest line items in any condominium association’s budget is its insurance premium. Condominium associations are required, pursuant