Program Details
This workshop style seminar provides non-financial managers and site staff with the tools to fully comprehend the backbone of site financials: monthly operating statements.

Covering relevant and updated topics - including interpreting your operating statement, understanding financial terms, PHAS updates, and more - this session will ensure that attendees have the skills to analyze and build site budgets.

To ensure our attendees have a productive and beneficial experience, we practice a dual-pronged delivery method consisting of:

1. Traditional classroom-style lecture
2. Hands-on workbook exercises*

* Attendees are encouraged to submit their operating statements for inclusion in the coursework.

Objectives include:

• Understand major sources of site revenue
• Locate and monitor site expenses
• Understand the bottom line as it relates to the health of your portfolio
• Obtain tips to ensure a smoother budget preparation
  process for the next Fiscal Year
• Identify variance and determine which "red flags" should impact management decisions at your site
• Refresh basic mathematics skills, including percentages,
  rounding, Per Unit Month analysis, PILOT and more
• Master techniques for budgeting line items
• Master basic financial linguistics
• PHAS Management Operations Update

Who should attend?

• Property Managers
• Development Managers/Site Supervisors
• Operational Directors & Deputies
• Finance Directors (along with their site staff)