Saving money is an admirable goal and one that many of us try to accomplish, but when you are running an HOA, it can be challenging to know the best way to cut costs without sacrificing your community’s well-being. No HOA wants to increase its assessments, and owners would be happier if that never needed to happen. Still, as the community ages and the amenities require more and more repairs, it can be crucial that the board evaluates its budgets and reserves funds to ensure that the community is handling its finances to the best of its ability. Knowing that your goal is to retain the most value for your community, how do you help your community association save money? Read the entire article……………………………….
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