Expense Management
Managing the bottom line daily
All property expenses will be reviewed on a weekly basis by the corporate office. Any expenses over $500, over budget, or capital expenses will require the approval from the corporate office prior to submission to the accounting department for payment. Quarterly reserve for replacement reimbursements will be submitted to the appropriate lender for reimbursement. Vendors will be chosen and or approved by the corporate office and where feasible/applicable, bulk discount rates will be put in place with national supply vendors.
