---
title: Can excess funds be used towards a condo reserve fund?
description: Can some of that money be used to supplement a reserve that needs shoring up, instead of increasing the maintenance fees or a special assessment?
image: http://www.condoassociation.com/hubfs/reserve-condo-funds.jpg
---

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# Can excess funds be used towards a condo reserve fund?

| [Florida](https://www.condoassociation.com/blog/topic/florida) |  

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## What do you think? Question:

![reserve-condo-funds](http://www.condoassociation.com/hs-fs/hubfs/reserve-condo-funds.jpg?width=260&name=reserve-condo-funds.jpg)At the end of each fiscal year, we have money left over, which is listed as members' equity.

Can some of that money be used to supplement a reserve that needs shoring up, instead of increasing the maintenance fees or a special assessment?

We are in Florida and can't seem to find any reference to this. Thanks in advance for your comments.

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## What do you think? Answers (24)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [Does HOA need approve use of reserve funds?](https://www.condoassociation.com/blog/does-hoa-need-approve-use-of-reserve-funds)

### [The "pooled" method of funding condo association reserves?](https://www.condoassociation.com/blog/tabid/19257/bid/36464/The-pooled-method-of-funding-condo-association-reserves.aspx)

### [West Palm Beach - Raise condo fees or assess to raise funds?](https://www.condoassociation.com/blog/west-palm-beach-raise-condo-fees-or-assess-to-raise-funds)

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