For many community associations, it is either the middle of budgeting season, or they have just completed this financial review period for the coming year. Budgets include many categories, including maintenance, landscaping, legal, accounting, and management expenses. But what about a line item for social? Is a social budget appropriate or even allowed under the governing documents? I have been told that I like to use the phrase “it depends”, and that would hold true here. Read the article………………………………
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