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:

    “Life and language are alike sacred. Homicide and verbicide—that is, violent treatment of a word with fatal results to its legitimate meaning, which is its life—are alike forbidden.”
    —Oliver Wendell Holmes, Sr. (1809–1894)

    “The peace conference must not adjourn without the establishment of some ordered system of international government, backed by power enough to give authority to its decrees. ... Unless a league something like this results at our peace conference, we shall merely drop back into armed hostility and international anarchy. The war will have been fought in vain ...”
    —Virginia Crocheron Gildersleeve (1877–1965)

    “For every life and every act
    Consequence of good and evil can be shown
    And as in time results of many deeds are blended
    So good and evil in the end become confounded.”
    —T.S. (Thomas Stearns)