Deep Dive
Trends & Seasonality
Multi-year revenue and expense trends, monthly seasonality, and the event-driven timing that shapes the Association's financial rhythm.
Multi-Year
Revenue vs expense, 2023 – 2026 YTD
Revenue held relatively stable across 2023–2025; expense growth is the driver of margin compression.
Revenue
Expense
Monthly Trend
24-month revenue & expense
July 2025 concentrated the year's expense spike. The 2026 pattern to date shows a strong January followed by moderate monthly activity.
Revenue
Expense
Seasonality
Monthly net-income pattern (FY 2025)
The first-half surplus and second-half deficit tell one of the year's most important stories at a glance.
Positive month
Negative month