- Written by David T. Schwindt, CPA RS PRA
- Category: Announcements
Budget season is winding down…be sure to pay special attention to adequately funding reserves, bad debt expense, contingency amounts and increases to usual expenditures such as utilities and insurance.
Also remember that fully documenting each budget line item in writing will help sell the budget to members as well as serve as a record for future boards. Wishing you a well thought out budget approved by the board and membership!