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or supply income for the annual operating budget while supporting the corporation or the association
planning for execution of the project, and conservative budgeting for repairs and revenue loss resulting
and on budget at $240,000, which was drawn from the reserves.
in annual real estate taxes, according to the Citizens Budget Commission (CBC), a watchdog group
— and this even after the board replaced the doorman with a security system in order to trim the building's budget
to be determined, which may be very difficult for co-ops and condos to afford given the pressure on their budgets
amounted to 20 percent of the condo's overall budget. Today, that figure is down to 10 percent. "It takes
. The combination of foreclosures, budget shortfalls, embezzlement and not keeping up with maintenance took a heavy
managing communities since 1978, provides a primer on conducting effective meetings, understanding budgets
canceled his attendance at a critical budget-adoption meeting planned two months ahead. He also failed

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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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