As a community association member, it’s important to understand the importance of accurate financial projections in budgeting. Accurate forecasting is essential when it comes to making sound decisions about the future of the association. By having an accurate forecast, the association can better plan for potential changes in the market and ensure that the association … Read more
Budgeting basics is an essential part of any community association’s financial planning process. It helps to ensure that the association is running smoothly and that the board is able to make informed decisions about how to allocate resources. A well-crafted budget can also be a powerful tool for communicating the association’s priorities to its members … Read more
Operating a fully-functioning HOA or community association requires significant time and effort, not to mention the specialized skills required. The board of a homeowners’ association is commonly composed of volunteers with personal careers. Considering this, handling the various vital requirements and tasks of an HOA could be extremely difficult. For this reason, partnering with a … Read more
HOA Property Management holds itself to a high standard of accountability and reporting As a homeowner in an HOA, you need to be familiar with the financial report. The HOA Board should be able to provide this report to homeowners upon request. The report aims to give homeowners an overview of how the HOA is … Read more
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