Budget season is here! The reality is, if your fiscal year end coincides with the calendar year, you should begin the budget preparation process by early August. If your fiscal year falls at another time throughout the year, I suggest
Tools for Effective Multigenerational Communication
Communication is becoming ever more complicated and obscure as technology evolves. E-mails have replaced telephone conversations and text messages are slowly replacing e-mails. The generational gap regarding how we communicate is compounding our communication woes. Millennials
Every year new legislation and precedent-setting case laws impact the way Association's are governed. At PMP we're committed to ensuring our Board Member clients have the knowledge and tools necessary to effectively meet their fiduciary obligations and properly serve their
The preparation of the Association’s annual budget and updated reserve study are critical tasks to ensure the proper funding of operational expenses, proactive repairs, and replacement of aging common area elements. One of an Association Board’s primary responsibilities is to
We get it, oftentimes it feels like Association action items are piling up faster than you’re able to get through them. Board Meeting agendas are too long and meetings last longer than many would like. Wouldn’t it be easier if
When does an Association common area repair, capital improvement or maintenance contract need to go out to competitive bid? How many vendors should be invited to bid? And how long should the competitive bid process take? These are three important
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