Posts Tagged ‘hoa budget’

How To Create an HOA Budget

Budgeting is important in any scenario, and it’s no different for homeowners associations. Taking the time to develop your annual budget for the year is crucial for a successful HOA. You may be wondering, “well, I’ve never created...

HOA Yearly Checklist and Budget Checklist

There’s a lot for homeowner’s association board members to keep track of and manage. It can be easy for things to fall through the cracks, so be sure to check out this HOA yearly checklist and budget checklist to keep up with all of th...

Understanding and Planning How to Raise HOA Dues

Managing your association means dealing with dues. From collecting them to setting them, your board needs to be on top of HOA dues. It also means having tough conversations about raising dues and looking thoroughly at the budget to see if ...

HOA Maintenance Plans to Make Now

Many homeowners associations make the mistake of putting off maintenance costs until something needs to be replaced or repaired. While this may lower HOA dues, it can cause big problems later on down the pipeline. Anticipating the repairs ...

Preparing an HOA Budget – Part Two

In part one, we looked at how to begin preparing an HOA budget. We discussed setting goals, looking at the current finances, and prioritizing repairs. In part two, we’re going to look at gathering figures and how to plan for the unexpect...