The Cooperator Events Presents a Virtual Town Hall: Budget or Lose It - Maintaining Optimal Cash Flow in Your Community Association. Sponsored by Axela Technologies
Raising assessments is never a popular move for a board to make - but keeping them unrealistically low can lead to even bigger headaches down the road; daily maintenance may slip, needed repairs may be delayed, and property values can suffer as a result. This panel of experts will explain why it's so important for boards to produce a budget that can truly sustain their community association, and how boards can optimize cash flow to keep their books in the black. The panelists will also give insight on how best to manage delinquencies, how cash shortfalls can affect association insurance, and how to avoid high deductibles and inadequate coverage. Learn how proven, successful processes for collections and budgeting can contribute to the value of your management company.