Saunders prepares a first draft budget to give your board a starting point for budget season. It brings together expected operating expenses and funding needs for the coming year. A first draft is a working document, not an announcement of final dues.
The review may consider prior expenses, vendor contracts, insurance, utilities, maintenance and reserve needs. Your board can then discuss assumptions, upcoming projects and service priorities with management.
Use the draft provided for your own association when reviewing the numbers. This shared guide explains the process; your community’s documents and notices provide its actual budget and deadlines.
For your community
Find your association’s documents and homeowner links, or contact our team for help with your situation.
Find your community →General educational information. Your community’s governing documents, notices and applicable requirements determine the process for your association.