chfareach: Budgeting Series, Part 3: Budgeting for Preventive Maintenance and Capital Expense, Webinar
April 17, 2025 8:55am - 10:30am MT
Online
Location: Attendee Hub, https://cvent.me/Q0qgqW
Log in: 8:55am MT
Class: 9:00am to 10:30am MT
Sharpening your budget tool for next year should change a property’s DNA—transforming it from reactive to proactive. Your budget can really make a difference when each member of the team helps build a budget that gives ownership to each department and each team member.
Including unit and property preventive maintenance can maximize input from a Comprehensive Needs Assessment (CNA) and help effectively use Reserve Replacement funds to meet capital needs. In session three of a four-part series, we will look at:
- the benefits of a CNA;
- what is needed to maintain and use Reserve Replacement Funds;
- how to track the proactive approach in the sharpened budget; and
- ways to get and keep team members involved.
Team members are the key to meeting the needs of all involved in your property. The more they know the better their input to help the property thrive through budgeting for preventive maintenance and capital expense.
Q&A is open! Locate your class and Q&A by searching "04.17.2025" under the Schedule tab in the Attendee Hub: https://cvent.me/Q0qgqW
This session will be recorded and available in the Attendee Hub (https://cvent.me/Q0qgqW) until April 30, 2025.
Cost: $50 nonmembers