The Relationship: Operating Budgets and Reserve Fund Contributions

Published in the ECHO Journal, March 2009 We could make this the shortest chapter in history by simply saying, “There isn’t one!” That’s right, there is no real relationship between […]

Know Your Community’s Financial Position

While it is always important to know where your community stands financially, it is especially important to understand the community’s financial condition in today’s economy. There are several recommendations and […]

§1365 – Documents Prepared and Distributed by the Association

Unless the governing documents impose more stringent standards, the association shall prepare and distribute to all of its members the following documents: A pro forma operating budget, which shall include […]