Budgeting and Reserves Provider #0000811 | Course #9627704 | 2 CE Credits (2 ELE or 2 IFM)
Presented by: Howard J. Perl, 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:
• 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
• 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 at 9:30 a.m.
Light refreshments will be provided.
This class is complimentary, but seating is limited. Registration is Required.
Locating the Parking Garage:
When heading East on Broward Boulevard make a left onto Andrews Avenue and then a quick right onto Northeast 1st Street. The parking garage will be on your left.
From US1 (Federal Highway):
When heading West on Broward Boulevard make a right onto Andrews Avenue and then a quick right onto Northeast 1st Street. The parking garage will be on your left.
Entering the Parking Garage:
You will see the first entrance on your left that leads into the Meter Parking Area. DO NOT USE THAT ENTRANCE. Instead, proceed to the next entrance on the left which is a ramp and has a sign titled: “Public Parking” above it. This ramp will take you to the “1st Level” of the non-meter parking area. You will then go up another ramp to the “2nd Level”; park here. The Walkway leading to the building is located on the west side of the 2nd Level.
Entering the Building:
Take the walkway into the building towards the Lobby Elevator and take the elevator to the 18th Floor to the reception area. The Receptionist will provide you with parking validation stickers when you leave.