service menu

Reserve Study Contents

Section 1 - General Information

Section 2 - Graphs

Section 3 - Schedule

Section 4 - Cash Flow

Section 5 - Photographs

(For more information please click on a section above)

 

Section 1 - General Information

This section of the report contains basic report information, statutory requirements, definitions, and a summary page listing our recommendations and findings.

Reserve Study

 

Section 2 - Graphs

This section of the report contains shows in graph form the summary of our findings and compares those findings to both current and ideal values.  These graphs will give you a better understanding and comprehension of the numbers contained in the report.

Reserve Study

 

Section 3 - Schedule

This section of the report is the heart of the report and contains the schedule of components recommended for reserve funding along with their current cost and life expectancies. 

Using straight line accounting formulas the schedule then calculates the annual contribution amount for each component and shows the totals, by category, on the summary page.

Reserve Study

Section 4 - Cash Flow

This section of the report shows an alternate funding plan to that given in the previous section.  While all of the same reserve components, costs and life expectancies used in the previous section are used here, the method of calculating the annual reserve contribution is based on a thirty year cash flow analysis.

This funding plan takes the total beginning year reserve balance in year one along with the projected annual reserve expenditures over a thirty year period, and by creating one reserve fund, arrives at an annual contribution amount so as to provide a positive cash flow and an adequate reserve account balance over the next thirty years.

Reserve Study

Section 5 - Photographs

In each presentation copy of the first time reserve study report, high resolution color digital photographs of the property taken during the field inspection, are included.

Reserve Study

 

Online reserve study services

        * Proposal request for first time reserve study

        * Download Brochure

        * Request a reserve study update

 

 

     "The board asked that I extend it's appreciation and compliments for a well-prepared, comprehensive, and easy-to-follow Reserve Study that will prove invaluable in our future financial planning."

JoAnne S., Managing Agent