Boards of community associations are responsible for the budget, but they often lack effective training, mistakenly jumping straight into the numbers. We hear from three experts:
Bill Chmura: 13-yr treasurer of his association and popular noted author on association budgeting; Jeff Westendorf: Mgmt company owner with a reputation for guiding their clients successfully towards balanced, sustainable budgets; and Robert Nordlund of Association Reserves, founder of a Reserve Study company serving a national client base for over 30 years.
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