Condo 101: Budgeting Best Practices

This blog post discusses budgeting best practices for condo associations. The post outlines several key areas to consider when creating a budget, including operating expenses, reserve funds, and unexpected expenses. The author emphasizes the importance of accurately predicting income and expenses, regularly reviewing the budget, and communicating the budget to unit owners. Overall, the post provides useful tips for condo boards to ensure they create and maintain an effective budget.