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Are You Contributing Too Much to Your Co-op / Condo Reserve Fund? – Article by By Robert M. Nordlund, P.E., R.S

Posted by AmberPM on July 11, 2011 · Leave a Comment

You don’t want to make reserve-fund contributions that are too little, which may lead your co-op board or condo association toward borrowing, making a special assessment or even incurring the higher costs that come with deferred maintenance. But you shouldn’t put away too much, either. As a professional engineer and the president of a company … Continue reading →

Filed under Board of Directors, Budget, Community Manager, Learning Tools, Q & A · Tagged with acutal replacement, Amber Property Management, balance sheet, baseline-funding, board of directors, Cash Flow, defer projects, double budgeting, ongoing maintenance, operating budget, Orange County Property Management, Property Management, remaining useful life, replacement costs, reserve - funding, reserve contributions, Reserve Study, reseve funding, Responsibility, special assessment, useful life

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Are You Contributing Too Much to Your Co-op / Condo Reserve Fund? – Article by By Robert M. Nordlund, P.E., R.S

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