Association Financials: Good Governance Decisions

Strong financial management is one of the most important responsibilities of condominium association leadership.  Board members are expected to make informed decisions that protect values, maintain reserves, plan for future expenses, and ensure transparency with unit owners - yet many leaders are not financial professionals.

This webinar will provide practical guidance on understanding association financials and using them to support sound governance decisions.

Why You Can't Afford to Miss This 

This session will help board members and managers strengthen financial oversight, improve collaboration between boards and management, and make better long-term decisions for their communities.

- Understand the board's fiduciary responsibilities related to association finances.

- Discover financial best practices for associations.

- Learn how to confidently read and interpret key financial reports.

- Find out how to build realistic and sustainable budgets.

- Review the difference between operating budgets, reserves, and capital planning.

- Recognize warning signs of financial instability or risk.

- Develop strategies for more effective financial decision-making and homeowner communication.

 

Good governance starts with understanding the association's financial position and proactive budgeting to help associations avoid financial surprises and maintain property values.

 

REGISTER

Please note our cancellation policy:

Registrations canceled up to 2 weeks prior to program date may be refunded less a $25 cancellation fee.  

No refunds will be issued for cancellations within 2 weeks of program date. 

QUESTIONS AND MORE INFORMATION

Presenters 

    Russell Munz, CMCA

    Community Financials

 

 

       

 

 

    Ann Stefanelli, CMCA, AMS

    The Stefanelli Company, Inc.