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HOA dues are typically established to cover both operating costs as well as reserves. Today we discuss what happens when those reserves don’t cover long-term capital repair & replacement costs, along with a tip for how to talk to your HOA members about increasing dues.
MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, these tips might just help make your volunteer experience easier.
Click here for a transcript of this podcast: https://bit.ly/3NFMwFn
By MoneyMinder5
11 ratings
HOA dues are typically established to cover both operating costs as well as reserves. Today we discuss what happens when those reserves don’t cover long-term capital repair & replacement costs, along with a tip for how to talk to your HOA members about increasing dues.
MoneyMinder has been supporting volunteer-run nonprofit treasurers for nearly two decades. Cyndi helps treasurers navigate this territory as a lifetime volunteer herself. Whether you are new to your role or a seasoned veteran, these tips might just help make your volunteer experience easier.
Click here for a transcript of this podcast: https://bit.ly/3NFMwFn