In this Report, you will find three key results:
- Component List: Unique to each property, the Component List serves as the foundation of the Reserve Study and details the scope and schedule of all necessary repairs & replacements.
- Reserve Fund Strength: A calculation that measures how well the Reserve Fund has kept pace with the property’s physical deterioration.
- Reserve Funding Plan: A multi-year funding plan based on current Reserve Fund strength that allows for component repairs and replacements to be completed in a timely manner, with an emphasis on fairness and avoiding “catch-up” funding.
Reserve Study Report (PDF)