SHOULD OUR HOA MAKE SMALL INCREASES?

December 1, 2016    Margo Crummack, CEO/Principal at Crummack Huseby, Inc.    Education

Making small incremental adjustments to your budget on an annual basis will

  1. avoid large assessment increases that surprise and inflame your membership,
     
  2. avoid putting you in a position where you are looking to reduce services to save a dollar here and there, but do not meet membership expectations;
     
  3. avoid putting yourselves in a deferred maintenance position where you start to shift one component in favor of another; this may cause systems to fail and it will affect curb appeal, which ultimately affects pride of ownership and an owner’s migration out of the community.

The goal is and always has been to protect the assets for which the association was created to maintain, repair and replace.  It is the most important job of a board of directors. If you have not had a discussion about the above factors, it’s a good time to start with the new year upon us! 

 


ABOUT MARGO CRUMMACK

Co-founders, Margo Crummack and Sandra Huseby saw a need for a more personal and personalized approach to property management. Since 1999, when Crummack Huseby, Inc. began, their mission was a breath of fresh air within their industry: to create an open dialogue with communities, to focus on the core of a community, and to customize management styles to suit what’s best for that particular community. 

Since 1988, Margo’s unique mission has inspired change within communities, and insightful contributions to the industry. “I teach our team members to work with the board, but more importantly, to seek and embrace the heartbeat and attitude of the communities they serve.” 

Always advocating for continued learning, Margo encourages an environment of “training, motivating, and innovating” for herself, Crummack Huseby’s employees, and their clients. She is also a well-respected speaker and educator within the industry, serving on the Education Committee for CAI-OC and authoring articles for CACM and CAI

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Professional Affiliations

Building Industry Associaiton of Southern California
Member of Community Associations Institute
California Associations of Community Managers
Eliant Certified