Budget Planning 8 THEY HAVE A SHORT-TERM FOCUS. A longer-term view is more helpful, McBride says. Boards should consider expense projections not just for the coming year but for "the next few years- and they should consider how those projections dovetail with the association's reserves." Okonak makes a similar point, but more emphatically: "Boards only budget for the next quarter," he says. "They should be budgeting for the next quarter-century." 36 CONDOMEDIA July 2019