CAI-NJ Nov. 2019(w)

THE CAI-NJ COMMUNITY TRENDS ® MAGAZINE CONTENTS

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Surface Care in Aging Facilities By Lindsay Bartlett-Cupples DriKlean-SOLID Surface Care, Inc.

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Financing a Project in Today’s Economic Environment By David Shahrabani Popular Association Banking Design: The Silent Ambassador of Your Brand By Carrie Fusella Design Alternatives, Inc.

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onlyyouqj/iStock/Getty Images Plus

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Management Trends: How Does Your Community Rate? By Erin O’Reilly, CMCA, AMS, PCAM

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Do One Thing Better: The Five P’s of Capital Improvement Essentials By Robert Arnone, CMCA, AMS, PCAM RCA Management, LLC

EXTRAS President's Corner

fernandoks/iStock/Getty Images Plus and Feodora Chiosea/iStock/Getty Images Plus

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Looking Ahead

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2020 CAI-NJ Awards Dinner Call for Nomimnations

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Legislative Update

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CA-PAC “Dollar a Door” Campaign

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CAI-NJ Upcoming Events

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2020 Partnership Program Application

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2019 CAI-NJ Shoot the Cover Photo Contest

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New Members

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CAI Membership Application

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2019 Ultimate Partner Listings

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O N E DO THING BETTER The Five P’s of Capital Improvement Essentials By:RobertArnone,CMCA,AMS,CPM RCAManagement,LLC Municipalities collect taxes to pay for future capital expenses including road improvements, in- frastructure, among others. Why should the mini-government of a condo association be any different? An association’s members pitch in by understanding the importance of having a per- centage of their common fees be a toll on future repairs. PITCH IN The life span of capital structures can vary. From five plus years to over forty plus years with many capital improvements falling somewhere in between. If five capital structures have a life expectancy of twenty years, evaluate these structures three to four years before the useful life ends. Then decide which of these will require replacement sooner rather than later and those whose life can be extended. prioritize Communication is key to a successful project completion. Communicate with members, communicate with res- idents, and communicate with neighbors. Depending on the scale of the project, lives may be disrupted. An interruption in one’s daily routine will only be more disruptive if not given the opportunity to plan. The better communication the less discontent of the lives it effects. Plan 38

Cover Images: TennesseePhotographer, acilo and Terroa/iStock/Getty Images Plus and Matejay/blackestockphoto/E+/Getty Images.

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