Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras sollicitudin, tellus vitae condimentum egestas, libero dolor auctor tellus, eu consectetur neque.

Press enter to begin your search
Loading Events

« All Events

  • This event has passed.

Budgeting and Reserves

November 13 @ 9:00 AM - 11:00 AM


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

at 8:30 a.m.

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



Douglas A. Dierdorf, MA
Commercial Insurance Agent

Tickets are not available as this event has passed.


Palm Aire Country Club
5601 Country Club Way
Sarasota, FL 34243 United States
+ Google Map
(941) 355-9733