Results
There are three results from a Reserve Study: 1) A listing of the major assets of the association to be funded through Reserves, their expected Useful Life, Remaining Useful Life, and Current Replacement Cost (yielding the "scope and schedule" of your Reserve projects). 2) An evaluation of the current strength of the Reserve Fund (commonly expressed as "Percent Funded"). 3) A recommended multi-year Reserve Funding Plan.
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Famous quotes containing the word results:
“A distinction of property results from that very protection which a free Government gives to unequal faculties of acquiring it.”
—James Madison (1751–1836)
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—Stanley Turecki (20th century)
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—Corinne Roosevelt Robinson (1861–1933)