A new year brings new priorities, financial decisions, and responsibilities for community association boards. Whether you're finalizing your annual budget, planning maintenance projects, or evaluating your management needs, a little preparation now can help set your community up for a successful year.
At Hawk-Eye Management, we understand the unique challenges of managing communities in Florida. We've put together this helpful checklist to guide your board through some of the key considerations for 2027.
Your 2027 Board Planning Checklist
1. Budget & Financial Planning
- Review your proposed 2027 operating budget and anticipated expenses.
- Evaluate vendor contracts, insurance costs, and potential increases.
- Review delinquency reports, cash flow, and financial reporting.
- Confirm that assessments align with your association's financial needs.
2. Reserves & Long-Term Maintenance
- Review reserve balances, funding requirements, and applicable reserve studies.
- Identify major repairs or capital improvements anticipated in 2027.
- Evaluate the condition of roofs, building exteriors, common areas, and other major components.
- Prioritize preventive maintenance to help avoid unexpected expenses.
3. Insurance & Storm Preparedness
- Review insurance coverage, renewal dates, deductibles, and potential gaps.
- Update hurricane preparedness and emergency response plans.
- Confirm vendor availability and communication procedures following a storm.
- Review responsibilities for property inspections, damage documentation, and recovery coordination.
4. Board Governance & Compliance
- Review applicable Florida condominium or HOA requirements and upcoming deadlines.
- Confirm required board member education and training.
- Review official records, meeting procedures, and owner communication practices.
- Ensure governing documents and association policies are current.
5. Management & Community Communication
- Evaluate whether your management team is meeting the board's expectations.
- Review responsiveness to board members, owners, and maintenance requests.
- Assess the quality and timeliness of financial reporting.
- Identify opportunities to improve service, communication, and operational efficiency.
Is Your Management Partnership Supporting Your Community's Goals?
A strong management partnership can make a meaningful difference in how effectively your board operates and plans for the future.
For more than 35 years, Hawk-Eye Management has supported condominium and homeowners associations throughout Florida with local expertise, personalized service, financial oversight, and hands-on community management.
Whether you're happy with your current management company or exploring options for the future, we're always happy to be a resource.
Let's Connect
Have questions about your community's management needs or interested in learning more about Hawk-Eye Management?
We would welcome the opportunity to hear about your association and discuss how our team may be able to help.