The Importance of Preparing (and Sticking to) an Annual Community Association Budget

It’s budget season! Budgeting can be one of the most tedious tasks for property managers and association board members. Most covenants require a budget and budget disclosure, but there is a vast difference between a hastily assembled and subsequently ignored budget versus a well-planned and regularly reviewed budget.  A realistic and effective budget can be one of your association’s most important management tools now and for future boards as well. Whether you’re a property manager or association board member, here are some ideas to help you create and manage “killer” association budgets.     Read the article…………..

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