Budget Overview By Keiron McCammon, Treasurer
I can’t believe how quickly this last year has flown by; it seems like just yesterday that we were approving the 2021 budget. When I ran for the Board last year, it was based on an extensive review of the Association’s past finances and reserve accounts. I came in with reservations about rising operational costs and what appeared to be underfunded reserve accounts. While I wish I could report that our assessment fees will only be increasing modestly for 2022, the reality is that we face significant headwinds. The 2022 budget will likely necessitate another double-digit percentage increase. What does this mean for you?
Keys Breeze
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SEPTEMBER 2021
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22
