What is the most important tool for keeping a co-op or condo on track throughout the year? In my view a well thought out budget is the single most important tool for keeping a co-op or condo on track during the year. If each line item is properly vetted, a budget announces to your stakeholders the Board priorities for the year. While most items are fixed, such as heating, water & sewer, electric, etc, the discretionary items signal what the Board considers to be the most impo