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 standards in place for analyzing a community’s financial health, and a few are listed below: Recommendation A: 2-3 months of expenses in your operating
New Homeowner Orientation for Association Living Moving can often leave people exhausted and unfamiliar with their new surroundings. Those early days provide a golden opportunity for a Welcome Committee to establish a relationship that will be lasting and rewarding for both the new homeowners and the association. The board should establish a Welcome Committee consisting
Ever attend a community association meeting where there was a vote on an emotional issue? As you watched the losing side, did you worry that deep divisions might sour neighborhood spirit? Ever watched a meeting where only a few people knew the rules of the process? Ever wondered if there was a better way? There
Most governing documents and state statutes do not prohibit board members from simultaneously serving on a committee. In fact, the topic rarely is addressed. Is there a cause for concern if a board member is on a committee? Committee members are appointed by the board of directors and their function is to: Serve
Social Media – Make It Work for You
Are you ready for “Social media” or do you still hope it will fade away? If it’s the latter, you are definitely out of luck. According to Facebook, five years ago there were 12 million active users of its social media website. Today, that number has grown to over 500 million active users with 50