Budget season is here! In this educational webinar, Westward360 walks board members and community association leaders through the essential steps to prepare and adopt a successful 2027 operating budget. Learn budgeting best practices, reserve funding requirements, governance considerations, and how to use budgeting tools to make informed financial decisions for your community. In this webinar, you’ll learn about:
- Budget planning timeline and adoption deadlines
- Reviewing financial performance and forecasting expenses
- The importance of reserve studies and the new 15% reserve funding recommendation
- Budget structure, GL categories, and operating vs. reserve expenses
- Board governance, transparency, and legal compliance
- Insurance considerations for HOAs and condominium associations
- Using Westward360’s Budget Builder and Vantaca budgeting tools
- Reserve funding benchmarks and long-term financial planning
- Best practices for board communication and decision documentation
- Upcoming educational resources and next steps for the 2027 budget season
Whether you’re a board member, treasurer, finance committee member, or community association volunteer, this webinar provides practical guidance to help your association prepare a strong and sustainable budget.
