Approving the annual community association operating budget is one of the most important obligations of the board of directors. It is also the duty of the board treasurer to take the lead in this endeavor and ensure that a budget is approved in a timely fashion i.e. before the end of 2018 and in accordance with applicable laws. The approved budget should be realistic while considering short, medium and long-term maintenance requirements of the common elements while also adequately funding the association’s capital reserves account. That said, what are some of the best budget planning practices board members should follow? Let’s look at the best of class:   Read the article………………