Yearly budget preparation needs a dedicated group of people to take care of it. … See more

HOA annual budgets may be a one-time event, but they need regular coordination and exchange of information between the participants. The key point is, that these budget or fi… See more

Unless you are a brand new HOA, the previous year’s budget is a very useful tool in the whole budgeting process. By carefully comparing past projections to actual expe… See more

The most important thing is to set achievable short-term and long-term goals for your HOA. Without proper goal setting, or by setting goals that are unachievable, you will be … See more

Operating budgets, like the one we are discussing, take care of the operating expenses each year. However, large projects like roof replacements or parking lot remodeli… See more