---
title: Does dipping into reserve funds require a board vote?
description: We are going to exceed our annual budget and dip into reserve funds for a capital project.  Does this require a board vote?
image: https://www.condoassociation.com/hubfs/Stock%20images/Blue%20Ring%20Binder%20with%20Inscription%20Budget%20Planning%20on%20Background%20of%20Working%20Table%20with%20Office%20Supplies%20and%20Laptop.%20Budget%20Planning%20Business%20Concept%20on%20Blurred%20Background.%203D%20Render..jpeg
---

[Skip to content](https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote#main-content)

# Does dipping into reserve funds require a board vote?

| [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |  

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

## What do you think? Question:

We are going to exceed our annual budget and dip into reserve funds for a capital project.  Does this require a board vote?

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote>

## What do you think? Answers (21)

#### 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

### [Our 30 day requirement for receiving HOA financials](https://www.condoassociation.com/blog/our-30-day-requirement-for-receiving-hoa-financials)

### [Who's responsible for washer/dryer repair?](https://www.condoassociation.com/blog/whos-responsible-for-washer/dryer-repair)

### [Does HOA budget require reserves?](https://www.condoassociation.com/blog/does-hoa-budget-require-reserves)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "dateModified" : "2024-10-01",
  "datePublished" : "2024-10-01",
  "headline" : "Does dipping into reserve funds require a board vote?",
  "image" : [ "https://www.condoassociation.com/hubfs/Stock%20images/Blue%20Ring%20Binder%20with%20Inscription%20Budget%20Planning%20on%20Background%20of%20Working%20Table%20with%20Office%20Supplies%20and%20Laptop.%20Budget%20Planning%20Business%20Concept%20on%20Blurred%20Background.%203D%20Render..jpeg" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.condoassociation.com/blog/does-dipping-into-reserve-funds-require-a-board-vote",
    "@type" : "WebPage"
  }
}
```