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Diving Deep into the Depths of Reserve Studies

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Event Information

Address
CAI-IL Office 1821
1821 Walden Office Square
Schaumburg, IL, IL 60173
Hour
5:30 pm - 8:30 pm
Date
Tue, September 17
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Dedicated community association leaders like you are constantly learning more about community management so they can be better prepared for the issues associations face today. If you have a basic knowledge of financial documents but want to dive deep into long term reserve planning, this class is right for you! After a brief review of budgeting, this session focuses on reserve studies and how they can be a valuable tool for planning for your community’s financial future. Our training concludes with a discussion on how to fund long term projects through the use of additional methods such as loans. Though it is not required, it is recommended to take Understanding Financials: Budgets Reserves & Reports AND Diving Deep into your Budget and Monthly & Year-End Financials prior to taking this class.