Budget Season... Again
Real Estate, Management, Water Tina Larsson Real Estate, Management, Water Tina Larsson

Budget Season... Again

It’s that time of the year again. Soon, you will need to inform your coop shareholders or condo owners that their monthly fees are increasing, again. This is in spite of a close to zero inflation economy and owners’ salaries barely increasing. Despite this, every contract and vendor that the board hires, on owners’ behalf, automatically increases their fees every year.

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Budget Season is here… with a Vengeance!
Management Tina Larsson Management Tina Larsson

Budget Season is here… with a Vengeance!

It’s that time of the year again. Soon, you will need to inform your owners that their monthly fees are increasing, again. This is in spite of a close to zero inflation economy and owners’ salaries barely (or not) increasing. Despite this, every contract and vendor that the board hires, on owners’ behalf, automatically increases their fees every year. 

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