This webinar addresses the common question, “Why are our HOA fees higher than our neighbors?” By examining sample operating budgets and reserve studies, we uncover the many factors that influence community association costs and reserve contributions. Discover how expenses like utilities, landscaping, and professional management can vary significantly between seemingly similar communities. We also explore the impact of reserve study components, such as funding plans, starting balances, and the condition of major assets on annual contributions. Watch this webinar to gain a deeper understanding of your community’s unique financial needs and learn how to make informed decisions about budgeting and reserve planning. This webinar is also available to view on YouTube.
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