Reserves – What, Why, How
June 25, 2026 @ 9:00 am - June 25, 2026 @ 12:00 pm
Reserves – What, Why, How
Date/Time: 6/25/2026 9:00 AM – 12:00 PM
Venue: Online
Address: Online
Member Rate: $180
Non-Member Rate: $244
This interactive course will teach you how to take a proactive role in the reserves process, including selecting a reserve study preparer, determining what components should be included and explaining the report to the board. You’ll also learn how to use the information to help the board make appropriate funding plan decisions.
LEARNING OUTCOMES
– Articulate the importance of reserves and reserve studies;
– Understand the roles of the manager, the board and the reserve study preparer;
– Determine which components are common area maintenance responsibilities;
– Know what to look for when reviewing the physical and financial analysis;
– Understand how to assist the board in making decisions about which funding model to use and how to fund the reserves;
– Describe what must be disclosed annually; and
– Identify requirements for borrowing from reserves.