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Percent Funded

November 19, 2019 By admin

How Does Our Reserve Fund Compare to Other Associations?

Reserve funding for associations varies widely based on the size of the association, number of reserve components, and cost of the reserve components.  So comparing the annual funding amount of one association to another is an apples-to-oranges comparison.  The best comparison, however, would be to compare the percent funded of associations.  Percent funded essentially measures […]

Filed Under: Blog Tagged With: Funding Reserves, Percent Funded, Special Assessment

August 30, 2018 By admin

Understanding Percent Funded of Reserves

One key feature that a reserve study should indicate is how well funded an association is.  The way that is measured is by a term called percent funded.  In Layman’s terms, percent funded means how much money you have in reserves versus how much money you should have in reserves.  The Community Associations Institute defines […]

Filed Under: Blog Tagged With: budgeting, Funding Reserves, Percent Funded, Underfunded reserves

March 24, 2011 By admin

Why Percent Funded of Reserves is so Important

When reviewing a reserve study, there is a lot of information to comprehend.  Important measures to note are the yearly funding totals and the fee per unit per month.  Maybe the most noteworthy number to look at, however, is percent funded.  Percent funded is a percentage that measures the overall health of an association. Percent […]

Filed Under: Blog Tagged With: Funding Reserves, Percent Funded, Reserve Study

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Most Popular Articles

  • What Your Reserves Do
  • Identifying Reserve Items
  • Reserve Study FAQs Florida
  • Reserve Study Resources
  • Five Ways to Avoid a Special Assessment

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