Living Better Blog

The Growing Importance of Budgets

Posted by Andrew Fortin on Jun 3, 2015 6:33:00 AM

If you serve on a community association board or manage a community association you know that October means budget season. This seemingly straightforward task of lining up revenue and expenses can be complicated by two factors.

First, expenses keep going up and second, residents are resistant to assessment increases. To complicate matters in the post Great Recession world, federal mortgage regulations direct lenders to look at the

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Topics: financial planning, budgets, community association budget, HOA budget, budgeting, property management budget, annual budget, budget preparation, financial records, education, Industry

Important Board Member Tips

Posted by Staff Writer on Feb 2, 2015 4:00:00 AM

Want to be a great board member? Following the tips below will help you not only meet, but exceed that goal!

  • Read and Understand the Governing Documents
    While some of the content can be a bit dry, the governing documents are your guidelines for the operation of your association, which most often is a corporation. You need to know your purpose, your duties and your obligations before you 

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Topics: board members, HOA board of directors, governance, budgets, community association budget, board meeting, budget, board, budget preparation, HOA board, board of directors, boards, budget planning, board orientation, board rules, governing documents, education





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