Send us a text

Are your HOA board financials helping or hurting your community? Learn how to read the numbers that truly matter with expert tips!
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

HOA board financials aren’t just spreadsheets you go over once a year, they’re your roadmap to transparency and trust. Russell Munz of Community Financials joins us and explains what every board member needs to know: how to read your reports, spot red flags, and communicate assessment increases with confidence. From delinquency reports to bank reconciliations, find out how accurate financials build homeowner trust and keep your board on track!

Chapters:

00:00 Why do HOA board members need to understand financials?

02:02 What role does financial transparency play in community trust?

04:10 What should you look for in a balance sheet?

06:15 How can income and expense reports reveal red flags?

08:34 What does the delinquency report tell you about cash flow?

10:40 What happens when HOAs don’t receive timely financials?

13:00 Why should boards use accrual accounting over cash?

14:51 How often should boards review financials?

16:26 What makes a solid collection policy legally sound?

19:05 How do automated systems improve financial clarity?

23:25 What should homeowners ask when reviewing financials?

26:10 How can boards better explain budget increases?

29:00 Why do some homeowners feel left in the dark?

31:42 How do reserve studies connect to financial wellness?

34:18 What’s the board’s responsibility when money is mismanaged?

The views & opinions expressed in this program are those of the Hosts & Guests, intended to provide general education about the community association industry. The content is not intended to provide specific advice or recommendations for any individual or organization. Please seek advice from licensed professionals.

Podcast Links:
Full Episode List
Watch On Youtube

Engage in the conversation!

Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to podcast@reservestudy.com

Nominate yourself or a Board Hero you Know!
Board Hero Nominations

Shop!
HOA insights now has its very own merch store! Our team has whipped up some hats, mugs, T-Shirts, & more that we think Volunteer HOA Boardmembers are gonna love. We also offer dozens of FREE zoom backgrounds. Available in our Boardmember Merch Store!

Connect with Hosts on LinkedIn

Julie Adamen
https://www.linkedin.com/in/julieadamen/

Kevin Davis, CIRMS
https://www.linked...