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Best Practices Report #4 Financial Operations (Published by Community Association Institute Research Foundation)

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Financial Operations It is CAI’s purpose to foster vibrant, responsive, competent community associations that promote harmony, a sense of community, and responsible leadership. Given that the fiscal health of the association has a direct impact on every member of the community, proper management of financial operations is an important element of building better communities. WhileGo to Resource

Best Practices Report #3 Strategic Planning (Published by Community Association Institute Research Foundation)

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Strategic Planning Definition and Philosophy Strategic planning is more than ensuring your association will remain financially sound and be able to maintain its reserves—it’s projecting where your association expects to be in five, ten, or fifteen years—and how your association will get there. It is a systematic planning process involving a number of steps thatGo to Resource

Best Practices Report #2 Governance, Resident Involvement and Conflict Resolution (Published by Community Association Institute Research Foundation)

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It is Community Associations Institute (CAI)’s purpose to foster vibrant, responsive, competent community associations that promote harmony, a sense of community and responsible leadership. Common characteristics of such community associations include good communication, trust in the management and board of directors, continuing education of board members and home-owners, and uniform, flexible and reasonable enforcement ofGo to Resource

Best Practices Report #1 Reserve Studies/Management (Published by Community Association Institute Research Foundation)

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Community associations come in all sizes. They vary in age, amenities provided, and maintenance obligations. Careful planning for future repairs and replacements is not only in the best physical and fiscal interests of the community association, it is required by law in some states. Maintaining a reserve fund not only meets legal, fiduciary and professionalGo to Resource

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