Budgeting
August 2, 2023 @ 1:00 pm - August 2, 2023 @ 3:00 pm
Budgeting
Date/Time:
Day 1: 8/2/2023 1:00 PM – 3:00 PM
Day 2: 8/9/2023 1:00 PM – 3:00 PM
Venue: Zoom
Member Rate: $185
Non-Member Rate: $280
This interactive course
builds upon the content presented in California Law Module II. Using real-life
examples and hands-on activities, you will use reserve funding plans to analyze
scenarios; budget for conversions and new construction; and develop a plan to assist
your board in making fiscally responsible financial decisions.
LEARNING OUTCOMES
– Know how the board’s
assessment powers impact budgeting;
– Enhance your
understanding of the operating budgets;
– Differentiate budgets
according to CID product type and size
– Become familiar with
specific considerations when budgeting for new projects and conversions;
– Differentiate between,
and calculate, fixed and variable assessments
– Budget for troublesome
and frequently forgotten line item expenses; and
– Understand how
construction defect litigation impacts a budget
Please note:
-This is not an introductory course. Prior
completion of FIN200 is strongly recommended.