About the Reserve Study Report
Our reports are designed to create an accurate and clear illustration of the Association’s financial and physical standing. We simplify the complex issue of reserve planning by giving you the entire picture in one easy to understand report. ALL reserve studies are completed by a designated Reserve Specialist® and adhere to the National Reserve Study Standards.
Reserve studies provide a periodic evaluation of an Association’s financial and physical condition in relation to its reserve fund. In addition, the study provides insight into the Association’s unique financial position, preparing them so that sufficient reserves are available to accommodate future repair and replacement costs in relation to capital assets.
As a budgeting guide the Reserve Study allows the Association to establish monthly reserve fund contributions at a stable and evenly distributed level. The Reserve Study provides an awareness and understanding of the true scope for which the Association is obligated to maintain. This is where RSG provides quality, readable financials over a thirty year projection.