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Title Tight Budgets, Tough Choices: Keeping Your Community Association Fully Funded
Event Start Date 5/18/2016
Event End Date 5/18/2016
Start Time 5/18/2016 2:00 PM
End Time 5/18/2016 3:00 PM
Start Date 5/18/2016 2:00 PM EDT
End Date 5/18/2016 3:00 PM EDT
Many association-governed communities in the United States are underfunded, based on data from approximately 8,400 reserve studies completed between 2010 and 2012. That means communities haven’t set aside enough money to offset common-area deterioration and won’t have enough money in reserve to make repairs and replacements in a timely manner. While many states don’t require associations to maintain adequate reserve funds, failing to properly fund reserves is never a wise decision. In this webinar, two experts discuss the challenge of making tough budget choices when money is tight.
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Event Type Webinar
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State AL
Post to Web Date 12/1/2015 12:00 AM
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Event Country United States
Content Type: CAI Event