Reserve Study - Results

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.

Read more about this topic:  Reserve Study

Famous quotes containing the word results:

    We do not raise our children alone.... Our children are also raised by every peer, institution, and family with which they come in contact. Yet parents today expect to be blamed for whatever results occur with their children, and they expect to do their parenting alone.
    Richard Louv (20th century)

    The chief benefit, which results from philosophy, arises in an indirect manner, and proceeds more from its secret, insensible influence, than from its immediate application.
    David Hume (1711–1776)

    Being a parent is unlike any previous job—the results of any one action are not clearly visible for a long time, if at all.
    —Anonymous Mother. As quoted in Between Generations by Ellen Galinsky, ch. 2 (1981)