This slide share is an overview of the more common mistakes we see Board making in their long term budgeting related to their reserve account.
Additional resources: Buildings Do Not Age Gracefully
This slide share is an overview of the reserve study process. Each step is briefly explained from the Statuary requirements to the Component Analysis, Financial Analysis and the Recommendation of the Reserve Analyst.
Additional resources: Reserve Study Basics / Common Questions
The component analysis is summarized. Learn about the process that the reserve analyst follows in completing this first step in the overall compilation of a reserve study report.
Additional resources: Determining Cost and Useful Life / Surprise Component Failures & Expenses
The financial analysis requires the reserve analyst to take all the information complied during the component analysis and structure a financial strategy that is catered to a community. The long term goal is to increase the financial security of the community with minimal risk for special assessment or loans. This is summarized in this slideshare.
Additional resources: Cash Flow vs Component Method / What is Percent Funded and the Fully Funded Balance