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In their quest to balance budgets, many co-op and condo boards rely, with reluctance, on one ... Here are three ways for boards to balance their budget without a maintenance increase ... Creative Ways For Co-op and Condo Boards to Balance Their Budgets
association under the tax code. This means that any budget surpluses may be taxed just ... Budget surpluses can be taxed, so condo boards should avoid them. ... A budget surplus in a condo is treated as taxable income. Avoid when possible.
budgets for 2013 accordingly. All info on NYC Finance website. ... Tax assesment rates released today! how does this effect budgeting?
examine each line item you can work to realize savings and balance the budget without necessarily ... Dont be so lazy - work to reduce your budget costs

Local Laws Gone Loco UNABRIDGED

Magazine Article by Tom Soter on August 01, 2010

-ops who may not have budgeted for them, similarly to when Local Law 11 was passed. ... , not giving people who have already done their budgets an opportunity to know what costs they are going ... New city regulations are causing budget problems for co-ops and condos.

It Doesn't Pay to Kick the Can Down the Road UNABRIDGED

Magazine Article by Gustavo Rusconi, Director of Management Operations, ARGO Real Estate on August 10, 2021

Short-term budgeting can lead to long-term costs.

There's More Than One Way to Pay for Insurance UNABRIDGED

Magazine Article by Kathryn Farrell on August 17, 2020

Payment plans can help you budget this large expense item.
budget to the entire board. (In self-managed buildings, of course, he or she will do even more ... Taming the annual budget is just the beginning of this crucial job.

Budgeting for Building Repairs: A Challenge for NYC Co-ops and Condos UNABRIDGED

Magazine Article by Armin Radoncic, Managing Partner, Venture NY Property Management on September 05, 2024

budgeting options. “The requirements are becoming more elaborate and more expensive,” says Armin Radoncic ... reserve studies to ensure the best budgeting options. ... Budgeting for Building Repairs: A Challenge for NYC Co-ops and Condos

Condo Board Opts to Increase Common Charges to Balance Budget UNABRIDGED

Magazine Article by Kyle Gregory, Managing Member and Operating Partner, New Way Management on September 05, 2024

The new-construction condo was caught in a double quandary, facing operating budget overruns ... A new-construction condo was facing operating budget overruns and a mismatch of opinions among ... Condo Board Opts to Increase Common Charges to Balance Budget

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