The annual budget is always a topic of debate in any neighborhood. Where will the money be spent? How much money will we need? Do we need to raise dues? These questions and more are asked, answered, debated, and pondered by the board each year.

But how does a board come up with a budget? In this video, board member Rob Smith discusses the basics of an association budget.

With more than 10 years of experience serving on the Almond Glen Board of Directors, Rob is able to share the way 10 boards have viewed the budget.

All views and options discussed are those of Rob alone. This video does not speak for any other member of the board of directors, past or present.