The Importance of Preparing (and Sticking to) an Annual Community Association Budget

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It’s budget season! Budgeting can be one of the most tedious tasks for property managers and association board members. Most covenants require a budget and budget disclosure, but there is a vast difference between a hastily assembled and subsequently ignored budget versus a well-planned and regularly reviewed budget.  A realistic and effective budget can be one of your association’s most important management tools now and for future boards as well. Whether you’re a property manager or association board member, here are some ideas to help you create and manage “killer” association budgets.     Read the article…………..

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