Budgeting and Managing Money in Block Management

Budgeting and managing money in block management

One of our highest priorities at Orchard is the way we approach budgeting and managing money in block management. We know it is important to you to know that your money is managed in a careful and transparent manner.

We review past budgets and performance to forecast the goods and services that you require and then calculate a budget as pat of the overall block management plan. At frequent intervals throughout the year we will compare actual performance against budget to ensure we are spending and administering your money efficiently.

We manage service charge collection in a robust manner in order to ensure that there is a positive cash flow and that reserves accumulate in time for major work projects.