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:

    Intellectual despair results in neither weakness nor dreams, but in violence.... It is only a matter of knowing how to give vent to one’s rage; whether one only wants to wander like madmen around prisons, or whether one wants to overturn them.
    Georges Bataille (1897–1962)

    In the works of man, everything is as poor as its author; vision is confined, means are limited, scope is restricted, movements are labored, and results are humdrum.
    Joseph De Maistre (1753–1821)

    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)