Florida Community Association Manager Practice Exam

Which item is usually not included in an association's assessments?

1. Event planning costs

2. Insurance premiums

3. Repairs and maintenance

4. Utilities for common areas

The correct answer is: Event planning costs

The correct choice is that event planning costs are usually not included in an association’s assessments. This is primarily because assessments are designed to cover the essential expenses related to the operation and maintenance of the community, such as utilities for common areas, insurance premiums, and repairs and maintenance. Event planning costs typically fall under discretionary spending, which is not considered a necessary expense for the association's standard operations. While community events can be valuable for fostering a sense of belonging and community spirit, they usually do not contribute directly to the essential services or upkeep of the association's infrastructure or common areas. This is why such expenses are often treated separately and may be funded through volunteer efforts, special assessments, or specific event fees rather than regular assessments.