Tag Archives: Capital Planning

Capital Planning

How Much Should Condo Associations Have in Reserves?

money savings clipart

This is a question that is asked frequently by condo association board members and homeowners.  There is really no scientific formula that is applicable to address this question.  There are however a number of key factors that help determine the answer. Determine Funding Methodology.  Does the association want to operate on the principle of full […]

April 2013 – Condoboss Releases Best Practices: Capital Planning for Associations

Hot off the press: Community Association Best Practices – Capital Planning What are the best ways to plan for capital projects? How far in advance should associations plan ahead? What is the least stressful approach? What approach causes the MOST STRESS? What approach costs the least amount of money? Chicago Property Services is pleased to […]