Why Do Assessments Change? We Have Answers!

Financial Focus: Understanding Annual Budget and Assessments Every year, when the Board of Directors passes the new annual budget, a common question comes up among owners: “Why do our monthly assessments keep increasing each year?” It is a completely fair question. As a board, their primary fiduciary responsibility is twofold: to maintain the physical integrity and […]

Accounting Principals and your Association

As the new CFO of Advantage Management, I want to say hello. I also want to thank all the associations for graciously allowing me time to get acquainted with your buildings and financials. As we move forward with improvements, it is beneficial to share knowledge so we can each perform the best in whatever role […]