Apartment & Complex Management Blog

Aidat & Tahsilat

What Is an Operating Budget? How to Prepare the Annual Budget

What will the apartment's annual expenses be, and on what basis will dues be set? The answer is in the operating budget. What is this document, who prepares it, and how is it challenged? We explain under KMK Art. 37.

Aidat & Tahsilat

How to Prepare an Operating Project? Dues Budget Guide

For dues to rest on a solid foundation, an operating project is essential. Dues set without an estimated expense budget are both unfair and open to objection.