Florida • Association Budgets

The Reserve Deadline Is Squeezing Florida Condo Budgets

Telecom is one of the few recurring lines a board can actually restructure — and it is worth understanding what it can and cannot do.

Updated Jul 28, 2026 • By MDU Advisors • 6 min read

Florida condominium boards are in the middle of a difficult budget cycle. Associations with buildings of three or more habitable stories may be working toward a structural integrity reserve study; timing and funding obligations depend on the association and building, but the statute sets December 31, 2026 as the latest completion date for a required study. Waiving or underfunding covered structural reserves is no longer the escape valve it once was for affected associations.

The practical result is that boards are re-reading every recurring line item in the budget looking for something — anything — that can move. Most of those lines cannot. Insurance is what the market says it is. Management, utilities, and maintenance have limited give. Which is why it is worth looking carefully at the one large recurring household cost that runs through the community but is usually not treated as a community purchase at all: internet and television.

Be clear about what this does not do

A bulk telecom agreement does not fund your reserves. It is not a substitute for a special assessment, it does not satisfy any part of the reserve study requirement, and any broker who frames it that way is overselling. We would rather say that plainly than have a board discover it later.

What it does do

It changes what residents pay out of pocket. In a typical community, every owner is separately buying internet at retail. Bought once at the community level, the same service generally costs materially less per unit, and the association can earn a recurring share of the plan on top of that.

The reason that matters during an assessment increase is arithmetic that owners can follow. If assessments rise but each owner’s monthly internet bill falls by a meaningful amount, the net change to a household budget is far smaller than the assessment number alone suggests. Boards that can show that math tend to have very different meetings than boards that cannot.

The legal path already exists in Florida

Florida is unusual in that its statutes speak directly to this. Where the declaration provides for it, Chapter 718 contemplates the cost of communications, information, and internet services obtained under a bulk contract being treated as a common expense — along with a minimum contract term and a cancellation right held by the membership. Our guide to Chapter 718 bulk agreements covers the specifics a board should check.

As always: the language in your declaration governs, this is general information rather than legal advice, and your association’s counsel should review any agreement before it is signed.

If you are going to look at it, look now

Two reasons for urgency, neither of them manufactured. First, budgets for the coming year are being set now, and a telecom change is far easier to incorporate during budget season than to bolt on afterward. Second, if your community already has an incumbent bulk or marketing agreement, its expiration date — not your preference — controls when you can move. Those are frequently multi-year contracts with notice windows, and discovering the window after it closes costs a full cycle.

If you want to understand what is actually available at your buildings, we will map it and model it at no cost. See how the process works, or read the market pages for Miami, Fort Lauderdale, and West Palm Beach.

Model It for Your Association

We’ll show per-unit savings, association revenue, and the carriers that can actually reach your buildings — free.