Board Resource Center
Association Finance & Reserves
Build stronger budgets, reserve plans, collection procedures, and financial controls with guidance written for condominium, HOA, and townhome boards.
Published Guidance
Board guides in this topic
Insurance
May 13, 2025
Why HOA and Condo Insurance Costs Are Skyrocketing in Illinois
Master-policy premiums and deductibles are climbing across Illinois. Here is what is behind the increases — and the practical steps boards can take to manage them.
Reserve Planning
January 28, 2025
Condo Reserve Funds Explained: Why So Many Associations Are Underfunded
Reserve funding has become one of the most important issues in community management. Here is what reserves are, why most associations fall short, and how to fix it.
Financial Planning
September 24, 2024
Special Assessments: Why Illinois Condo Owners Are Suddenly Paying Thousands
Special assessments are hitting Illinois condo owners harder than ever. Here is what they are, why they are rising, what the board can and cannot do — and how to prevent them.
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