Having a proper, fiscally responsible budget in place is necessary for the successful operation of any homeowner’s association. Just as with any budget, income and expenses must be considered ? for an HOA, this income mainly comes in the form of owner assessments. When projecting yearly expenses for an association, those serving on boards of directors must take into consideration rising costs of things like utilities, insurance, labor, materials, etc. As we all know, things tend to get more expensive as time goes on    Read the article…………………………..