How to Implement Your Community Association Budget
You’ve done all the homework. Crunched the numbers. Your reserve study is complete, your vendor agreements have been checked and your budget is done! Now what? There’s an entire process to creating the budget, followed by implementing it, and Mary Signorella, account executive for FirstService Residential, said that clear communication to homeowners, through every step of the process, is the best way to avoid problems. Read the article………….
About 2 ½ years ago I wrote about a case involving the Wellesley at Lake Clark Shores HOA which lost
When it comes to adopting an operating budget, reserve contributions are far down on the list of items to include.