Understanding and Preparing an HOA Budget
If you are in a position where you are creating an HOA budget for the first time, as part of committee or board member role, or just want to learn more about the process, this article covers the principles of budgeting for an HOA, and a template to create a budget. Each HOA is different, but this should provide a good starting point for most applications. What Is an HOA Budget? An HOA budget is a financial roadmap designed to estimate both revenues and expenses for your association. It should al [...]