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CLASS FULL: Budgeting and Reserves

September 27 @ 3:00 PM - 5:00 PM

Free

PLEASE NOTE: THIS CLASS HAS BEEN MARKED FULL

Budgeting and Reserves
Provider #0000811, Course #9627704, 2 CE Credits (2 ELE or 2 IFM)

Presented by: Kevin L. Edwards, 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:

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 at 2:30 p.m.

Light refreshments will be provided.
This class is complimentary, but seating is limited.
Registration is Required.

Tickets are not available as this event has passed.

Venue

Becker Sarasota Office
6230 University Parkway, Suite 204
Sarasota, FL 34240 United States
+ Google Map
Phone:
941-366-8826
Website:
www.beckerlawyers.com