Condo Media - September 2013 - 8

N e w s
C A I

Calendar of CAI-NE Programs
Upcoming Events
September
10

CAI-NE Board Meeting
• 8:00 a.m., Wellesley, Mass.

Condo Media Board Meeting
• 10:00 a.m., Wellesley, Mass.

Reserve Fund Management & Tax Considerations
• 1:00 p.m. - 2:30 p.m. , Webinar

Fiscally Fit
• 9:00 a.m. - 12:00 p.m., Warwick, R.I.

Attorneys’ Committee Meeting
• 6:30 p.m., Location TBD

Managers’ Committee Meeting
• 8:00 a.m. - 10:00 a.m., Natick, Mass.

19-20

M-206 Financial Management*
• Manchester, N.H.

Maine Condo Forum & Expo
• 9:00 a.m. - 2:30 p.m., South Portland, Maine

October
3-5
5

Annual Condo Conference & Expo
• 8:00 a.m. - 2:30 p.m.
Best Western Royal Plaza, Marlborough, Mass.

CAI-NE Board Meeting
• 8:00 a.m., Wellesley, Mass.

Condo Media Board Meeting
• 10:00 a.m., Wellesley, Mass.

Attorneys’ Committee Meeting
• 6:30 p.m., Location TBD

17-18

M-202 Association Communications*
• Cromwell, Conn.

CEO-MC Retreat
• Scottsdale, Ariz.

Emerging Leaders Network (ELN) Seminar
• Location TBD

Condo Media • September 2013

SEPTEMBER 10
CAI-NE Board Meeting
8:00 a.m.
Wellesley, Mass.
SEPTEMBER 10
Condo Media Board Meeting
10:00 a.m.
Wellesley, Mass.
SEPTEMBER 10
Reserve Fund Management & Tax Considerations
Webinar
1:00 p.m. - 2:30 p.m.
While there may be different schools of thought about reserve
studies and how to fund reserves, financial management
and tax considerations for reserve funds are more cut and
dried but not always clear. Can the association borrow from
reservers? Which expenses can be paid from reserve funds? Is
a reserve fund required for FHA approval? Are associations
required to have a reserve fund? What is the board’s responsibility in managing and investing the reserve fund? Answers to
these questions and other common misconceptions will keep
the association on solid financial footing.
Approved for one point for CMCA continuing education.
SEPTEMBER 12
Fiscally Fit
9:00 a.m. - noon
Warwick, R.I.
One of the most important responsibilities of association
boards is managing the association’s finances. As fiduciaries of the association, board members must protect assets,
budget responsibly, and invest wisely. Speakers will address
reserve studies and funding association reserves and offer
insight into effectively managing association budgets and
addressing budget shortfalls. In addition, presenters will
facilitate a discussion about investment options for community associations. This program for association managers
and board members will provide insight into the most common obstacles that keep associations from being fiscally fit.
Approved for three points for CMCA continuing education.
SEPTEMBER 18
Attorneys’ Committee Meeting
6:30 p.m.
Location TBD
An opportunity for CAI-NE member attorneys to share their
comments and concerns about condominium case law and
recent court decisions.
Open to CAI-NE member attorneys in good standing.

Condo Media - September 2013

Table of Contents for the Digital Edition of Condo Media - September 2013