Timeline for HOA Budgets and Reserve Studies
Following is an example of an ideal timeline for a homeowner association that has a December 31 fiscal year-end.
| May 1 | Authorize reserve study provider to start reserve study process. |
| June 1 | |
| July 1 | Send reserve study to board for approval. |
| August 1 | Send budget draft to board for their review. |
| September 1 | |
| October 1 | Send budget for next fiscal year to owners. |
| November 1 | |
| December 1 | Last day to send budget for next fiscal year to owners. |
| December 31 | Fiscal year-end. |
American HOA Management
English: 818-991-9019
Chinese: 818-661-9255