Building budgets consist of operations, capital projects, and a wish list. Proactive planning, transparent communication, and understanding community needs are crucial for financial success.
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ArticleTopicsColumn TypeIssue
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Biggest Challenges
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Building Finances: Ignorance Is Not An Option
Cleaning up a co‑op’s money mess.
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Heating Season Outlook
Note to boards: brace yourself for rising energy costs.
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Can You Afford Climate Mobilization Act Fines?
Boards are facing the challenge of choosing between Climate Mobilization Act fines and energy upgrades.
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Budgeting: Your Game Plan Needs to Change
Maintenance increases aren't popular, but are an essential board tool.
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Pinching Pennies Can Cost Big Bucks
Prioritizing costs over quality can mean a higher bill in the long run.
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When Building Repairs Pay Off
It pays to do multiple repairs or projects at once.
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Tsunami of Legislation: The Good & The Bad
An overwhelming amount of legislation may be on the way for co-ops and condos.
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Climate Mobilization Act: Figuring Out the New ROI
Boards need to figure out the most economically efficient energy retrofits for their buidling.
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Problem Solved: When a Contribution Becomes an Operating Assessment
What effect has the pandemic had on reserve funds, and what can buildings do about it?
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