CAI-NJ Feb. 2019

loop,” there is generally less conflict or resentment. Typically, the first reaction is to special assess if there is a deficit. However, that really is not always the best option or in the best interests of the community. Revising the budget to properly include a better contingency line item, or to increase certain line items means the year end, holiday season, will be less stressful. While there is never a good time of the year to review costs, eliminating year end news of increased fees is a good idea, especially, since increases pre- sented at year end are often met with the most resistance. Addressing Resistance: There will always be resistance of some board decisions, especially fee

CONT I NU E S ON PAGE 46

Experience. Service. Satisfaction.

At Premier Management Associates, the ultimate goal of everything we do is resident satisfaction. That’s why over 100 associations across the region count on us. We have over 40 years experience managing the regular, day-to-day needs of a community and the resources

to reliably deliver the fast response you deserve. PREMIER MANAGEMENT ASSOCIATES

Corporate Office • 201-947-1001 140 Sylvan Avenue, Englewood Cliffs, NJ 07632 Central / South Jersey • 732-390-1100

info@premiermanagement.net www.premiermanagement.net

45

F E B R U A R Y , 2 0 1 9