I have lost track of how many times I have been told by the president of an association, “We haven’t had to raise dues in five years.” It’s usually said with great pride. And then I burst her bubble. Managing expenses is of course a primary objective for association boards, but not raising dues (assessments) year after year isn’t necessarily something to celebrate. Why? Because, over time, it can create financial issues for the association.   Read the article…………………………..