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Green Ideas How NYC co-ops/condos save energy Energy is one budget item that NYC co-ops and condos
shareholders do at their discretion. Budget for Bonuses "We recommend to all our boards that they budget
appropriate maintenance fees. To do this, you must prepare a budget for the coming year. The amount
they step into their roles. Bigger budgets. A common challenge facing new directors is the realization
the property tax,” says Carol Kellermann, president of the Citizens Budget Commission (CBC), a nonpartisan
potentially reduce what are often some of the biggest line items in the budget. The firms act as both advisers
a precise and realistic budget. “Our budget had to include not only the contractor's estimate,” says Michael
budget challenges as residents flee, as city services get cut back, as new regulations continue to arrive

Board Talk: A Conversation About Monthly Financials UNABRIDGED

Magazine Article on October 01, 2012

a comparative budget from 2009 thru 2012, budgeted vs. actual and a profit and loss budget vs. actual

Fannie Mae Tightens Lending Rules UNABRIDGED

Magazine Article by Kathryn Farrell on January 10, 2022

-sponsored Fannie Mae, would require co-op and condo boards to change their budgeting procedures and be more

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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

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