---
title: Does your condo association budget break-out reserves?
description: Our HOA/Condo association does not itemize reserves in the budget. Does yours?
---

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# Does your condo association budget break-out reserves?

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

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## What do you think? Question:

In our yearly [condo association](https://www.condoassociation.com/CondoAssociation/tabid/83434/Default.aspx) budget recap given to us at the annual meeting, savings are listed, but none of it is designated for [reserve funds](https://www.condoassociation.com/blog/tabid/19257/bid/8320/What-is-a-Condo-Association-Reserve.aspx). In our projected association budget for the next year, there are no categories for replacement projects and reserve funds. It is all just one big guess. The condo association board will not change this or deal with this. Please don't say read your [condo association bylaws](https://www.condoassociation.com/blog/tabid/19257/bid/8763/Sample-ByLaws-for-a-Condo-Association-or-HOA.aspx) because the board doesn't give a rip what the bylaws say about anything! In Minnesota we have [HOA](https://www.condoassociation.com/CondoAssociation/tabid/83434/Default.aspx) laws but no State agency to enforce them. Do other HOAs include reserve information in their actual budget summary sheets? If so, what does it look like?

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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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### [Condo Associations: The Budget and How Condo Fees are Calculated](https://www.condoassociation.com/blog/tabid/19257/bid/9660/Condo-Associations-The-Budget-and-How-Condo-Fees-are-Calculated.aspx)

### [We just found out our condo association technically doesn't exist](https://www.condoassociation.com/blog/tabid/19257/bid/17134/We-just-found-out-our-condo-association-technically-doesn-t-exist.aspx)

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