Budgeting and Reserves – Jacksonville

Loading Events

« All Events

  • This event has passed.

Budgeting and Reserves – Jacksonville

February 25 @ 12:00 pm - 2:00 pm EST


Budgeting and Reserves
Provider #0000811 | Course #9627704 | 2 IMF or 2 ELE Credits

Presented by Robyn M. Severs, 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.


February 25
12:00 pm - 2:00 pm
Event Category:


Jacksonville – The Grand Reserve Condominium Association

13810 Sutton Park Drive N.
Jacksonville, FL 32224 United States
+ Google Map