---
title: How to set a condo association or HOA reserve?
description: Our association has a budget of $120,00. Are we allowed to take 10% of that money every year and set it aside for roofs, painting,and driveways?
---

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# How to set a condo association or HOA reserve?

| [Condo Reserves](https://www.condoassociation.com/blog/topic/condo-reserves) |   [Board of Directors](https://www.condoassociation.com/blog/topic/board-of-directors) |  

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## What do you think? Question:

Our association has a budget of $120,00. Are we allowed to take 10% of that money every year and set it aside for roofs, painting,and driveways?

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## What do you think? Answers (7)

#### 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. *  
  

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### [How can we force board to keep more funds in our reserve account?](https://www.condoassociation.com/blog/how-can-we-force-board-to-keep-more-funds-in-our-reserve-account)

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