We recently held an educational webinar with Will Simons, RS from Association Reserves to discuss three major topics regarding reserve accounts in Community Associations.
The webinar covered these major topics:
- The first section answers the philosophical question of “Why Have Reserves?” by examining the pros and cons of Associations with well‐funded Reserve accounts.
- The second part of the course explores the concept of Percent‐Funded, a metric used for measuring the strength of an Association’s reserve account at any point in time.
- The course then concludes with a detailed explanation and analysis of the differences between the two methods of reserve fund budgeting, known as the “straight‐line” method and the “pooled” method.
Disclaimer: This video is for educational purposes only. You will not receive CEU credits for watching the recording. Credits were issued only to those that attended the course.