Budget Building 365 Days Per Year - Board Member Homeowner Webinar Series (BMW) Jun 15, 2022
1h 8m
June 15, 2022 Presentation by Heather Hutchison, CMCA, AMS, PCAM of First Hill Plaza Condominium Association
"Budget Building 365 Days Per Year"
Most associations dive into their budgeting process a few months before the end of the fiscal year and then need to scramble to get everything done on time. Starting early, taking the time to do careful planning, gathering the right data, and having a robust understanding of an association’s financials and reserve study are keys to success.
We will discuss tips and timelines for preparing the annual budget, how to incorporate the reserve study into the budgeting process and what Associations need to know about the approval process and disclosure requirements.
Part of WSCAI's Board Members & Homeowners Series
This is a monthly series designed for board members and homeowners offered by WSCAI’s Education Committee.
Learn more about the Washington State Chapter of the Community Associations Institute at wscai.org
*Music credit: WSCAI title music composed by Benjamin Tissot of www.bensound.com