Adequate Reserves – (Finally!) Defined
April 24, 2019 No Comments
Many, if not most Governing Documents require the Board to set aside “adequate Reserves” to care for the common areas.
Many, if not most Governing Documents require the Board to set aside “adequate Reserves” to care for the common areas.
Many times in a Reserve Study you will see multiple assets grouped together, like all the roofs on all buildings.
Each year, through blistering summer heat and winter’s icy blast, the church’s roof deteriorates a little more. The carpet in the narthex and office becomes
For many years, a congregation in the central valley of California, the breadbasket of America, thrived by serving a cross-section of the American population —
We know a few things about the future: 1) that it will come, and 2) it probably won’t be exactly what we expect. In this
New buildings are a lot like new cars — they don’t usually require a lot of upkeep, at first, to keep them operating. The problem