Increases in Florida community association budgets require careful deliberation, communication | Opinion

/ Owner - November 5, 2022

The budgetary strains that Florida community associations are now beginning to experience have been daunting, and boards of directors and property managers are finding it particularly difficult to reconcile required increases with many community home and condominium owners. Significant increases in insurance and staffing costs, combined with the coming reserves and inspection requirements for many condominiums, are creating the need for budgetary growth that requires substantial raises to monthly association dues.   Read the article………………………..

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