How Your Reserve Study Provides Value All Year Long | Association Reserves

Do you know your results can help you through the year? Here's how you can use your reserve study through the year to avoid funding and spending mistakes!

The primary purpose of a reserve study is for the budget development portion of your association's fiscal year. But its value doesn't stop when the budget is published! Throughout the year you'll be faced with many spending decisions. Some you'll know in advance as they appear on your reserve study, and some are unexpected projects forcing you to figure out how to pay for it. In this Part 4 of the Breaking Down the Reserve Study webinar, i'll spend some time orienting you so you can make wise income and expense decisions using your reserve study results throughout the year!
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Follow Association Reserves!
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00:00 Long-term use of your reserve study
01:10 What’s your to-do list or board action items?
02:19 Projects DON’T go away
03:24 How do we pay for upcoming projects?
04:18 All expenses need dollars

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