Reserve Study Checklist

Checklist

 Reserve Study Checklist

Budget season is quickly approaching. Is it time to update your Reserve Study? Can you answer the following questions on our reserve study checklist?

  • How old is your community?
  • When was the last time your study was updated?
  • Have you been following the recommended contributions from your current study?
  • Have you replaced or added any common element components  since your last study was prepared?
  • Did you need a special assessment or to borrow money?
  • Do you have a formal inspection program for your community?
  • What type of funding plan are you using?
    • Full
    • Threshold
    • Baseline
  • What percent funded is your current study ?

 

Come to our upcoming seminar September 7th  learn what the answers mean!

 

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