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?
- What percent funded is your current study ?
Come to our upcoming seminar September 7th learn what the answers mean!