Survey Results: How effective is your community’s budgeting process?
A community can only be successful if its finances are in good order. We surveyed board members coast to coast to gain a deeper understanding of your budgeting process and what we can do to maintain or improve community effectiveness.The results of this survey show:
- The effectiveness of the budgeting process for communities.
- Who is involved in the development of budgets and long-term financial plans.
- How far out long-term financial plans extend and overall satisfaction with them.
- Areas reviewed during the budget process.
- The degree of support provided by the management company.