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





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