Category Archives: Reserve Funding

Budget Ratification Best Practices

Budgeting is a critical function of every condominium and homeowners association. Yet the laws governing the budget process are technical and often poorly understood, leading to sloppy practices. This article will explain the three key elements of the process from … Continue reading

Posted in Annual Meetings, Board of Directors, Budgets, Legal, Reserve Funding | Tagged , ,

Establishing Your Reserve Funding Plan: Considerations & Strategies

WSCAI Journal – August 2013 : Establishing Your Reserve Funding Plan: Considerations & Strategies.

Posted in Board of Directors, Community, Reserve Funding | Tagged , , ,

Exterior Painting – More to it than just watching the paint dry

Whether you are a community manager, board member, or a vendor, we all have the same goal when preparing to start a big maintenance project; to have a successful project from start to finish.  Nothing else can cause more headaches … Continue reading

Posted in Annual Meetings, Board of Directors, Budgets, Maintenance, Management, Reserve Funding

Mediation: Nuts and Bolts

Conflict is inevitable.  Disputes arise with our neighbors, on our Boards or committees, and within our business and family relationships all the time. There is no shame in having a disagreement that rises to the level of a very serious … Continue reading

Posted in Board of Directors, Legal, Management, Reserve Funding

Modern Hippies, Community Leaders

As a Community Association Manager, I’ve recently had the pleasure of working with several boards who are becoming, now more than ever, concerned about being educated and responsible leaders setting an example for their communities of how to be good … Continue reading

Posted in Board of Directors, Budgets, Landscape, Maintenance, Management, Reserve Funding | Tagged

Landscape Health and Pest Control “The Green Way”

One would think that landscaping is naturally green and friendly to the environment and in many cases that is true as landscaping replaces, enhances and maintains areas that have been disrupted by development and growth. Landscaping replenishes and refurbishes the … Continue reading

Posted in Board of Directors, Landscape, Maintenance, Management, Reserve Funding

The “Window Replacement Reserve Funding” Conundrum

A reserve study tells you (a board) roughly how much it will cost you to replace a big ticket item when that item reaches the end of its useful life.  Jim Talaga’s companion article  - “Reserves – The Big Six” … Continue reading

Posted in Board of Directors, Budgets, Legal, Maintenance, Reserve Funding

Reserves: “The Big Six”

A typical condominium Reserve Study has 30 to 50 components that meet the criteria for reserve funding, with their associated expenses occurring at varying intervals throughout the 30-year study period. Planning for this somewhat complicated array of expenses can much … Continue reading

Posted in Board of Directors, Budgets, Maintenance, Reserve Funding

Strategies for asphalt maintenance on a tight budget

Over the course of 10 years in the asphalt business, I have gathered dozens of pictures into a folder on my laptop inelegantly titled “Stupid Asphalt Repairs.”  From poor craftsmanship to the wrong remedy for a given symptom, it is … Continue reading

Posted in Board of Directors, Maintenance, Reserve Funding