Budgeting & Reserves with Florida Community Bank

August 15, 2017
Start: 10:00 AM
End: 11:00 AM

Budgeting & Reserves
Provider #0000811, Course #9627565, 1 OPP/ELE

Presented by: Ken Direktor, Esq.
Co-sponsored by Florida Community Bank
Guest Speaker: Kathleen Karpovich

Come join us and learn the steps it takes to create a successful budget and reserve plan. When creating a financial plan for your association there are many things to consider, such as "operating expenses." In this course, you will learn how to create and maintain a proper budget & reserve plan.

Topics we will cover include:

Budget Planning
• Workshop meeting notice requirements
• Components of a budget
• Calculation of assessments

Adopting The Budget
• Boards vs. Members
• Statutory Requirements vs. Bylaw requirements
• 115% Rule/ Alternative budget
• Affidavit of mailing
• Meeting minutes

Reserve Requirements
• Straight Line Reserve Calculations
• Conversion of Straight Line to Cash Flow Reserves
• Use Of Reserve Funds For Other Purposes
• Transferring Money Between Reserve Accounts

 

Sign-in starts at 9:30 a.m.

Light refreshments and snacks will be provided.
This class is complimentary, but seating is limited.
Registration is required.

  To register, please contact Tanisha White
at 954.985.6808 or by email at twhite@bplegal.com

 


Location:

Becker & Poliakoff
1 East Broward Blvd.
Suite 1800
Ft. Lauderdale, FL 33301