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When managing a property correctly, efficient budget management for maintenance
and upkeep, cleanliness, security and proper owner relations are critical. JBC
Property Management will create a budget for the following year's operations for
the Board’s review. Your budget will take into account current expenses,
inflation, reserve requirements and major planned expenditures. To see a sample
budget, click here.
JBC Property Management offers the
following budgeting services:
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Prepare the initial draft of the annual operating and
reserve budget for approval by Association and assist in the finalization of
the budget.
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Assist the Board in developing a long-term reserve fund
plan.
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Annually review the property and the existing long-term
reserve fund to make sure the amount budgeted is adequate to cover projected
needs.
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Transfer money into the Association's reserve fund
account.
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“Let JBC Property
Management assist you
in establishing your annual budget."
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