A survey conducted by the Foundation for Community Association Research revealed that 91% of community associations experienced unexpected expense increases in 2023—a clear reminder of how crucial careful financial management is for every HOA. From sudden repairs and rising utility costs to unforeseen maintenance needs, these challenges highlight just how critical a treasurer’s role is in keeping an HOA financially stable. By anticipating financial surprises and carefully managing day-to-day expenses, the treasurer ensures the community remains prepared and balanced—even when costs rise.    Read the article…………………………….