Source: https://www.asgflorida.com/blog/?pn=9
Timestamp: 2020-05-30 05:18:32
Document Index: 515670520

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Hurricane and monsoon season officially starts in early June, which means now is the perfect time to make sure that your community is properly prepared. Below are tips and some guides for your community, both to help your Association and your Residents to be prepared. …
Part 4 : Reserve Account/Reserve Funds Part 1 | Part 2 | Part 3 | Part 4 The reserve account consists of funds put aside in “reserve” for the replacement of major components of a community’s common property (aka “assets”). Typically the reserve account is used to replace asphalt paving, concrete…
For many community associations the pool is a key amenity where neighbors can gather and enjoy the sun. However, pools, especially freshwater pools, require a lot of maintenance. Some of that maintenance requires chemicals and actions that are less than sustainable but there are steps you can take to ensure a…
Part 3 : Budgetary Roles and Responsibilities & Budget Presentation Part 1 | Part 2 | Part 3 | Part 4 The roles and responsibilities with regards to the budget at your community association can be varied. The manager, board of directors, treasurer, and even the owners all have different roles…
Electing the right people to the leadership board of your community association is essential for success. Board elections present the opportunity to vote the right people in and the wrong people out, depending upon the view of association members. For associations with cumulative voting, the election can result in a…
Financial Management of Community Associations | Budgets and Replacement Reserves Part 2
Part 2 : Budget Preparation Part 1 | Part 2 | Part 3 | Part 4 A budget usually applies to a 12-month period (Jan 1 to Dec 31, Jul 1 to June 30, etc.). Your community’s budget should be approved a minimum of 45 days in advance of the start…