The Axela Blog

Association Budgets
Who Collects HOA Fees?

Who Collects Condo and HOA Fees and Assessments? What Happens to the Money?

By Bob Gourley / 5 January, 2022

HOA fees and assessments are the lifeblood of a community association. But why is that so? Understanding how and why your community collects fees is important to understanding your part in your condo association or HOA.

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Axela - The Effect of Rising Inflation on your community budget

Ignoring the Impact of Inflation Can Be Disastrous to Your Community Association Budget

By Bob Gourley / 5 August, 2021

Increases in the Consumer Price Index tell us that inflation is on the rise. Are you accounting for it in your community association budget this year? If you fail to plan, the consequences could be disastrous.

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What is missing from your budget

Most Boards Forget to Include This in Their Annual Budget [Free Calculator]

By Mitch Drimmer / 7 October, 2019

Don’t forget to incorporate this important factor into your annual budget…

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Lions Tigers and Budgets

Condo and HOA Budget Season

By Mitch Drimmer / 26 August, 2019

Budget season doesn’t have to be scary. Here’s some solid advice to help you prepare your annual budget…

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special assessment blues

How to prevent “The Special Assessment Blues” in your Condo or HOA

By Mitch Drimmer / 13 November, 2018

Nobody likes to sing those Special Assessment Blues and a responsible board can avoid it by preparing a correct and proper budget, funding reserves, and addressing delinquency issues.

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budget-time

Condo & HOA Collections In Condo & HOA Budget Time

By Mitch Drimmer / 15 August, 2018

A community association collections solution can save money over legal fees, plus prevent you from needing to write off a bunch of bad debt at the end of the year.

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condo-hoa-reserves-advice

Solid Advice On Reserves for your Condo or HOA.

By Mitch Drimmer / 31 May, 2018

Our answers to commonly asked questions that we get from boards of directors regarding reserves

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