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How fixed are “Fixed” Costs

Toronto Condo News
Publication date:
August 26, 2018
Article Summary: 

The article discusses how fixed costs can affect the budget of a condo corporation. Fixed costs, such as property taxes and utilities, are expenses that do not change regardless of the level of usage. The article explains that while these costs can be predictable, unexpected changes in rates or usage can lead to significant budget impacts. The article provides examples of how fixed costs can affect a condo corporation's budget and offers some tips for managing them.


fixed costs, condo corporation, budget, property taxes, utilities, expenses, usage, rates, impacts, managing.

Source Citation: 
Toronto Condo News
How fixed are “Fixed” Costs
August 26, 2018
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