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-op and condo boards on Long Island that must budget for pipes and fixtures that wear out long before warranty
's budget build in an additional fixed % that gets swept off the top of the monthly maintenance collections
, again over 40 million dollar budget and the powers that be will not permit any change in the status quo
noticed that the bldg put in the owners projected STAR credit as income in the yearly budget. We
-managed co-ops strive for a break-even budget where income is equal to or slightly greater than expenses
budget. As I said previously, if your sponsor has gone along with the assessment without invoking its
it to substantially similar properties. This will assist with budgeting and with planning green and sustainable
in for 5mos to lock in this years heating budget which is lower then the last two years by 50%+. What
these buildings they really needed to create a reserve fund of at least 10% of their annual budget. We do
the budget to go along with it and make it happen ASAP. If the managing agent is adverse to this, get rid

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