Preparing the Annual Budget
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Event Details
Preparing the annual property budget is one of the most important functions that a property management professional is expected to complete each year. It takes time and preparation to develop a good budget.
Join national speaker Alex Jackiw as she reviews the entire budget process. You won't want to miss this course that will help you and your team become more familiar and more comfortable tackling the budget process.
Learning Outcomes
In this webinar, you will learn:-
The purpose of the annual budget.
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How to identify the owner’s goals and objectives.
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The budget timeline.
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Preparing to build the annual budget.
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Building the revenue side of the budget.
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Building the expense side of the budget.
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Identifying capital improvements.
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Preparing for the budget review.
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Implementing the new budget.
Why Should You Attend?
The budget serves as a financial roadmap for ensuring long-term profitability, maintaining financial control, and ensuring asset preservation. The budget acts as a roadmap, allowing owners to forecast income, manage expenses, set aside reserve funds for emergencies, and make informed decisions regarding maintenance, taxes, and investment growth. This webinar will take participants through the entire budget preparation process and provide useful tools for evaluating property financial performance.
Who Should Attend?
- Regional Property Managers
- Property Managers
- Assistant Property Managers
- Corporate Office Staff
- Maintenance Supervisors
NAA Credential Holders
Those that successfully complete this course will receive one (1) continuing education credit for National Apartment Association (NAA) designations.
Questions?
Should you have questions about this course, please do not hesitate to contact education@njaa.com and a member of our team will be more than happy to assist you!