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Budgeting Basics: Historical Budgeting in Strata Communities

Budgeting Basics: Historical Budgeting in Strata Communities

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Title: Budgeting Basics: Historical Budgeting in Strata Communities
Date: 6 May
Time: 10:30am – 11:30am
Presenters: Carole Anderson
Sponsor: Vertimax
CPD: 1

Description:
This session teaches strata managers how to use historical budgeting to plan finances better. Attendees will learn to look at past spending, understand income patterns, and set realistic budgets. Carole Anderson will explain how using historical data helps reduce surprises, improves communication with owners, and meets financial regulations.

Key Takeaways:

• How to use past costs to budget accurately
• Identifying income sources and seasonal spending changes
• Strategies to handle unexpected expenses
• Ways to educate owners about budget choices
• Ensuring your budget follows legal rules

Ideal for strata professionals who want clearer, more stable financial planning for their communities

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