When you are serving on the board of your HOA, you have several fiduciary duties that you have to complete each year. One of these fiduciary duties is preparing an annual budget and establishing assessments for your HOA. The budgeting process can be time-consuming and difficult to complete since there are so many factors that HOA boards need to take into account to ensure that they have sufficient funds to pay bills, maintain common areas, and ensure the HOA’s operations are running smoothly. If you are in the process of preparing your HOA budget for the upcoming year, review the valuable tips listed below:    Read the article………………………