TOUGH BUDGETING DECISIONS: ARE YOU READY TO MAKE THEM OR HEAR THEM?


Summer is officially behind us which means HOA budget season is in full swing. Given the tough economic times, some HOA boards have understandably been reluctant to increase assessments over the past few years. Others have relied upon unrealistic budget projections to rationalize keeping assessment levels steady or even decreasing them. Some associations have deferred critical maintenance or relied upon “borrowing” from reserves to cover normal operating expenses.

Is it time for your HOA to get real about the costs of operating your association and funding reserves? Is your Board prepared to make tough decisions which may even include increasing assessments? Are you as a homeowner prepared to face the reality that your association might not be able to keep assessments at the current level without sacrificing services you value or negatively impacting infrastructure or property values? As a homeowner, are you willing to acknowledge the last thing your board wants to do is increase assessments and to not shoot the messenger?

Facing tough economic realities is no fun. However, by boards and homeowners addressing these realities together, associations can get through these tough economic times with as little pain and angst as possible. 

Common Tags: Property Management Firms, Property Management Company, Property Management Service, Property Management Services, Property Manager, Property Management, Hoa Property Management, Condominium Property Management, Townhouse Property Management, Property Management, Certified Property Manager, Multi Unit Property Management, Hoa Management Companies Denver, Homeowners Association Management, Trusted Hoa Property Management, Reliable Hoa Property Management, Hoa accounting. 

We are at your service:

3033 S. Parker Rd., #320

Aurora, CO 80014

Phone: 720.230.7303

Fax: 720.230.7314

Email: info@accordhoa.com

HOA MANAGEMENT

HOA COMMUNITY MANAGEMENT

HOA ASSOCIATION MANAGEMENT

HOA MANAGEMENT FEE

FREE HOA WEBSITE

HOA ACCOUNTING MANAGEMENT

COLORADO HOA LAWS

COLORADO HOA FORUM

HOA FORECLOSURE

HOA RESERVE

HOA MAINTENANCE

HOA SERVICES & SOLUTION

HOA PROBLEMS

HOA BOARD OF DIRECTORS

HOA MANAGEMENT LICENSING