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 credits for watching the recording. Credits were issued only to those that attended the course.
If you enjoyed this video, click here to subscribe to our YouTube channel to view all of our educational videos relating to community association management in South Florida.
