CLASS FULL: Lunch & Learn: Budgeting & Reserves

August 9, 2017
Start: 12:00 PM
End: 1:00 PM

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

Presented by: Marilyn Perez-Martinez, Esq.

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

starts at 11:30 a.m.

Lunch will be provided
This class is complimentary, but seating is limited.
Registration is required.

  To register, please contact Leydis Hernandez
at 305.260.1041 or by email at



Becker & Poliakoff
121 Alhambra Plaza
10th Floor
Ft. Lauderdale, Fl 33134