Work on the Proposed Budget for PTCA’s 2026/2027 Fiscal Year is Underway

Below is our expected calendar of activities for review and consideration of the proposed budget. (All noted Meetings expected to be held in the Party Room unless otherwise directed by the Board.) 

Friday October 31, 2025 – Management expects to present a draft Proposed Budget to the Board and Finance Commisson.

Saturday November 8, 2025 BOARD MEETING @ 9am to 12pm – Budget Review Meeting #1 – Categories: Expenses – Administrative, Utilities, Building Operating, Contracts, Maintenance, and Recreational.

Saturday November 15, 2025 BOARD MEETING @ 9am to 12pm – Budget Review Meeting #2 – Categories: Garage Income & Expenses; and Payroll and Legal Expenses during Closed Session at end of Open Meeting.

Saturday November 22, 2025 – BOARD MEETING @ 9am to 12pm – Budget Review Meeting #3 – Categories: Revenue, Capital Reserve, and Final Review and Questions.

Monday December 8, 2025 – BOARD MEETING 7:30pm – At regular monthly Board of Directors Meeting, Board will review the proposed budget for final considerations and approval to mail proposed budget for Unit Owner Review. 

The Week of December 15, 2025 – Proposed Budget to be mailed for Unit Owner Review.

Monday January 12, 2026 @ 7:30pm – Special Unit Owner Meeting To Review Budget.

Monday January 12, 2026 – BOARD MEETING Board Meeting following Special Meeting, to accept and/or amend proposed budget. (If the Board amends the budget in a material way, for example changing the assessment level or contribution to the reserve, it should be mailed to Unit Owners again, and another Special Meeting should be scheduled.)

If you have any questions about the budgeting process, feel free to e-mail me at parktowercondo-mgmt@habitat.com.