Budgeting and Reserves – For Managers Only
Provider #0000811 | Course #9627696 | 1 HR Credit or 1 ELE Credit
Presented by Beth Lanham-Patrie, Esq. and Jonathan Levy, CPA
Budget and Reserves Class
Gaylord Palms
6000 W. Osceola Parkway
Kissimmee, FL 34746
March 22, 2019
10:00 a.m – 11:30 p.m.
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
Sign-in 9:30am
Coffee will be provided.
This class is complimentary, but seating is limited.
Registration is required.
Co-sponsored by:
