Financial Management

Annual community service charge budgets are based on expenditure trends, zero-based principles, community improvement goals, current year contract values, legislative obligations and audits, and RERA regulations, among other things. Furthermore, several regression models are used to evaluate resources versus area versus expenditures in order to anticipate community service charge rates. The age of a community also has an impact on the services and improvements that may be necessary to meet maintenance requirements and expenditures.