Budgeting and Reserves – Clearwater

In the continued interest of the health and safety of our clients and colleagues, we have made a decision to suspend all in-person community association classes until further notice.
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Budgeting and Reserves – Clearwater

September 11 @ 12:00 pm - 2:00 pm EDT


Budgeting and Reserves – For Managers Only
Provider #0000811 | Course #9627704 | 2 IMF or 2 ELE Credits

Presented by Steven H. Mezer, Esq. and Carolyn C. Meadows, Esq.

Come join us and learn the steps it takes to create a successful budget and reserve plan. When creating a financial plan for your association there are many things to consider, such as “operating expenses.” In this course, you will learn how to create and maintain a proper budget and reserve plan.

Topics we will cover include:

Budget Planning

  • Workshop meeting notice requirements
  • Components of a budget
  • Calculation of assessments

Adopting The Budget

  • Boards vs. Members
  • Statutory Requirements vs. Bylaw requirements
  • 115% Rule/ Alternative budget
  • Affidavit of mailing
  • Meeting minutes

Reserve Requirements

  • Straight Line Reserve Calculations
  • Conversion of Straight Line to Cash Flow Reserves
  • Use Of Reserve Funds For Other Purposes
  • Transferring Money Between Reserve Account

11:30am

Lunch will be provided.
This class is complimentary, but seating is limited.

Registration is required.


September 11
12:00 pm - 2:00 pm
Event Category:


Tampa – Master Restoration

17129 US Hwy 19 N.
Clearwater, FL 33764 United States
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