A budget is a financial plan that outlines expected income and expenses over a certain time period.  An operating budget shows how much the corporation plans to spend on day-to-day activities such as maintenance, cleaning, and snow removal in the coming year. A capital budget (Reserve Fund Plan) shows how much the corporation plans to spend on major repairs or replacement of structural elements over the next 20 to 25 years. Condominium budgets determine how much each unit owner contributes each month to cover common expenses. 
Contact Us
Alberta Real Estate Association 
WestMount Corporate Campus
300, 4954 Richard Road SW
Calgary, AB  T3E 6L1

Office Hours
Monday-Friday 8:30 am – 4:30 pm (MST)

Toll Free:    1-800-661-0231 
In Calgary: 
(messages can be left after hours and will be returned the following business day) 
Fax:             1-403-228-4360
communications@areahub.ca (general inquiries)
governmentrelations@areahub.ca (government relations/advocacy inquiries)
pd@areahub.ca (professional development inquiries)
forms@areahub.ca (forms content inquiries)