---
title: FL reserve funds zeroed out without member votes
description: Our three reserve funds were zeroed out, and those  reserve funds are now allocated into other budget or reserve areas. Is that legal?
image: http://www.condoassociation.com/hubfs/funny-business-condo-reserves.jpg
---

[Skip to content](https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes#main-content)

# FL reserve funds zeroed out without member votes

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

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

## What do you think? Question:

![funny-business-condo-reserves.jpg](http://www.condoassociation.com/hs-fs/hubfs/funny-business-condo-reserves.jpg?width=320&name=funny-business-condo-reserves.jpg "funny-business-condo-reserves.jpg")Several of our reserve funds were fully funded.

The manager said they could be zeroed out for future deposits to that specific fund, and those monies reallocated to other areas.

Not enough votes were made by owners.

We just got our new coupon books, which showed those three funds were zeroed out, and those monthly reserve funds are now allocated into other budget or reserve areas.

Is this legal? I don't find anything in the statutes or the FL budget and reserve workbook. Everything says you have to have a majority vote.

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes>

## What do you think? Answers (5)

#### 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

### [Condo Reserve Funds: A Matter of Education](https://www.condoassociation.com/blog/condo-reserve-funds-a-matter-of-education)

### [Can we move funds from an operating account to reserves?](https://www.condoassociation.com/blog/can-we-move-funds-from-an-operating-account-to-reserves)

### [Condo board wants to spend all reserves prior to new assessment](https://www.condoassociation.com/blog/condo-board-wants-to-spend-all-reserves-prior-to-new-assessment)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "dateModified" : "2024-10-01",
  "datePublished" : "2024-10-01",
  "headline" : "FL reserve funds zeroed out without member votes",
  "image" : [ "http://www.condoassociation.com/hubfs/funny-business-condo-reserves.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.condoassociation.com/blog/fl-reserve-funds-zeroed-out-without-member-votes",
    "@type" : "WebPage"
  }
}
```