Katonah Management Services (KMS) is the leading provider of dependable HOA management in the Hudson Valley
Management and Administrative Services:
KMS aims to simplify and offload responsibilities of board members, so they can focus on making the best decisions for their community.
Our management and administrative services include:
Helping the board effectively govern the community, including the facilitation of board and homeowner meetings
Aiding Board’s selection of appropriate insurance coverage
Facilitating project planning and management
Maintaining community and homeowner documents/files
Effectively communicating with homeowners and addressing their issues
Providing timely responses to emergencies through 24/7 emergency call line for after hours issues
Enforcing the communities’ covenants and rules fairly and consistently
Helping the board cultivate a strong sense of community
Building strong relationships with vendors
Tracking community leases
Processing all sales/transfers and homeowner refinance requests
Financial stability is the cornerstone of a community’s success and accurate financial reports are vital for effective association management. KMS’s experienced accounting team delivers easy to digest financial reporting to keep your board well-informed and detailed budgeting to plan ahead responsibly.
Our accounting and financial services include:
Performing all bookkeeping and community financial records
Maintaining checking, reserve, and other financial accounts
Creating and assisting Board with annual operating budget
Applying all common charges, notify homeowners of outstanding balances, and track receivables
Receiving, reviewing, and paying vendor invoices
Providing monthly financial statements to the Board
Assisting the Board in long-term capital planning through reserve studies
Aiding the community in assessment planning and financing of large capital/reserve projects
Working with community’s CPA in the creation of annual audited financial statements and tax returns