Frustrated by complicated reserve studies that are hard to read and even harder to understand? Finally…. A New Reserve Study layout that IS easy to read and understand!
- Almost all decisions can be made by looking at the Executive Summary.
- The Executive Summary is organized by the “Remaining Life” of the reserve projects so boards can see what needs their immediate attention.
- New Catch up provision gives control to the board to decide exactly how much to ADD to reserve savings.
- The Current Funding % and Ideal Reserve Savings are easily highlighted at the top for easy viewing.
Want to see more in-depth discussion about this Executive Summary, see the Blog page!