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What Does a Hard Insurance Market Mean for Co-op Boards? UNABRIDGED

Magazine Article by Courtney Ferretti, Mackoul Rish Solutions on March 03, 2022

to budget accurately for the hard market. How can they do this? We recommend that the boards

What Lies Ahead: Finance UNABRIDGED

Magazine Article on May 02, 2022

First Funding Patrick Niland, President 35+ Years in Business   Boards need to develop budgets
of the month, the year to date, the over/under, and the budget annualized so you can see if you are over
of the month, the year to date, the over/under, and the budget annualized so you can see if you are over
to long-term planning and budget stability than playing interest rate roulette every 10 years
and there are ample free software that will highlight and list items that do not match. the annual financial budget
ago we had ab almost 10 percent budget error , due to a dropped zero, that none of the board picked
that are financed through mandatory assessments levied against residents pursuant to an annual budget adopted
questions and answers that any shareholder can pose. The November meeting is to ratify the next year budget
the life of your property, develop a budget to increase your equity and cash flow and assist in reaching

Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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