Condo Q&A

Rule of Thumb for Funding HOA Reserves?

Written by CondoAssociation.com | Sat, Mar 23, 2019 @ 10:52 AM
Knowing that our HOA is not likely to get to 100% funded any time soon per our 2019 Reserve Study, what % do most HOA Boards consider to be adequate funding using the Cash Flow Methodology ??... I am going to be satisfied if we can get to and maintain 50%, but what do others feel is a comfortable % level ??... Thank you... Kevin, California