Transcription of BUDGETS & RESERVE SCHEDULES - myfloridalicense.com
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BUDGETS & RESERVE SCHEDULES - myfloridalicense.com
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?
meetings requires 48 hours’ notice preceding the meeting except in an emergency. If the condominium documents require 72 hours’ notice before the meeting, the association must provide 72 hours’ notice. On the other hand, if the documents require 24 hours’ notice before the meeting, the association must provide at least 48 hours’ notice.
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