E-Book: The 123’s of Condo Board Financials

Putting the pieces of the financial puzzle together:

Board of Directors need to understand the pieces of the puzzle provided by Property Management to ensure they are using fees collected from owners the best way possible for the corporation and are prepared appropriately for the future.

This guide breaks down the following:

• How to Read Financial Statements
  • Why you need them
  • What’s included in a typical package
  • What information  each provides
  • Samples

• The Budget Process
  • Why you need them
  • What’s included
  • Who does what
  • Special Assessment
  • Considerations when deciding to raise fees or not

• Condo Reserve Funds
  • What funds are used for
  • How much should be kept in savings
  • Implications / Consequences of Board decisions

Download this informative read today to understand the financial tools provided to the Board of Directors.