Transcription of BUDGETS & RESERVE SCHEDULES
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BUDGETS & RESERVE SCHEDULES
DIVISION OF FLORIDA CONDOMINIUMS, TIMESHARES, AND MOBILE HOMES DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATIONBUDGETS & RESERVE SCHEDULES A Self-Study Training Manual2601 Blair Stone Road , TALLAHASSEE, FLORIDA 32399-1031 BUDGETS & RESERVE SCHEDULES A Self-Study Training Manual PUBLISHED BY THE Department of Business and Professional Regulation Division of Florida Condominiums, Timeshares, and Mobile Homes 2 TABLE OF CONTENTS FIGURES & 1 GETTING WHY DO ASSOCIATIONS HAVE A BUDGET?..8 WHEN TO BEGIN THE BUDGETING MEETINGS HELD WHILE DEVELOPING THE SAMPLE ABOUT ACCOUNTING ACCOUNTING GOOD ACCOUNTING PROVIDING ACCESS TO ACCOUNTING SUMMARY OF CHAPTER PRACTICE ANSWER 2 THE SECTIONS OF THE USE OF RESERVES FOR OTHER INVESTING ASSOCIATION FISCAL SUMMARY OF CHAPTER PRACTICE ANSWER 3 WHAT ARE RESERVES?
CHEDULE . D. ISCLOSURES ... Figure 6.1 Budget Increase Does Not Exceed 115% of Prior Year’s Assessments 64 Figure 6.2 Budget Increase Exceeds 115% of Prior Year’s Assessments 65 Sample Budget For the Fiscal Year January 1, 2002 through December 31, 2002 78 ...
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