Association Funds – Operating vs Reserve
As you create your HOA’s 2021 budget, make sure you plan on having more than enough money in both your reserve and operating funds. Having both funds full is important to maintain the upkeep of your community. But what is the difference between operating and reserve funds? And why can’t you just use one fund […]
Fiduciary Duty 101
As a member of your HOA’s board, you have many of duties. The most important of them is fiduciary duty. Fiduciary duty requires board members to stay objective, unselfish, responsible, honest, trustworthy, and efficient. Board members, as stewards of public trust, must always act for the good of the organization, rather than for the benefit […]
Long-term Ideas for Productivity When Working from Home
According to Stanford University, 42% of the American workforce is currently working from home. If this applies to you, we have few ideas that may help. Have a designated workspace. While the kitchen counter may seem like a welcoming home office, it is recommended to carve out a space that is specifically for work. Having […]