{"id":2749,"date":"2026-04-27T12:27:40","date_gmt":"2026-04-27T16:27:40","guid":{"rendered":"https:\/\/akam.com\/?p=2749"},"modified":"2026-04-27T12:31:07","modified_gmt":"2026-04-27T16:31:07","slug":"funding-fiduciary-responsibility","status":"publish","type":"post","link":"https:\/\/akam.com\/es\/blog\/funding-fiduciary-responsibility\/","title":{"rendered":"Funding & Fiduciary Responsibility"},"content":{"rendered":"

Lea el art\u00edculo completo en CooperatorNews.com<\/a>.<\/em><\/p>\n\n\n\n

As operating costs continue to rise, from insurance and labor to materials and compliance, maintaining artificially low fees can put communities at financial risk. Industry experts emphasize the importance of consistent, incremental increases to avoid deficits, protect reserves, and prevent unexpected financial strain on boards and residents. <\/p>\n\n\n\n

\n

Jessica Ruiz, Senior Vice President of Management for AKAM, highlights the growing complexity facing associations, particularly in Florida. \u201cThe majority of our associations are going through some type of capital improvement right now,\u201d says Ruiz, \u201cwhether it’s driven by a recertification requirement, or just a project that has to get done that hasn’t been completed yet. We\u2019re finding that a lot of associations don\u2019t have the funds on hand to do these projects.\u201d <\/p>\n<\/blockquote>\n\n\n\n

With additional requirements like Structural Integrity Reserve Studies (SIRS), proper funding is not just best practice; it\u2019s essential for long-term stability and even impacts a building\u2019s ability to secure financing.\u00a0<\/p>\n\n\n\n

By planning ahead, maintaining transparency, and aligning budgets with real-world costs, boards can better support their communities, avoid large special assessments, and ensure the long-term health and value of their properties. <\/p>","protected":false},"excerpt":{"rendered":"

Read full article on CooperatorNews.com. As operating costs continue to rise, from insurance and labor to materials and compliance, maintaining artificially low fees can put communities at financial risk. Industry experts emphasize the importance of consistent, incremental increases to avoid deficits, protect reserves, and prevent unexpected financial strain on boards and residents.  Jessica Ruiz, Senior… seguir leyendo Funding & Fiduciary Responsibility<\/span><\/a><\/p>","protected":false},"author":2,"featured_media":2623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-2749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-resources","category-fl","entry"],"acf":[],"yoast_head":"\r\nFunding & Fiduciary Responsibility | AKAM<\/title>\r\n<meta name=\"description\" content=\"Industry experts explain the importance of consistent, incremental funding increases to avoid deficits, protect reserves, and prevent financial strain.\" \/>\r\n<meta name=\"robots\" content=\"index, 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