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July 1, 2024, a Florida new law limiting what HOAs in the state or Palm Beach County can do to their members went into effect. Here are 8 changes to rules. July 1, 2024, a Florida new law limiting ...
This is not solely a Florida problem, though: Other markets around the country where HOA fees increased by double digits, the study found, include Ft. Worth, Texas (14.6 percent); Sacramento ...
A reserve study is a long-term capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur.
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
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The governor of Florida is the chief executive of the government of Florida and the chief administrative officer of the state responsible for the planning and budgeting for the state and serves as chair when the governor and the Florida Cabinet sit as a decision-making body in various constitutional roles. [3]
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
Interested owners should be encouraged to get involved by joining a budget/finance committee and also a safety/inspections committee.