Cash flow Reserve funding

  1. Security Camera Use Roberto C. Blanch is a partner with the Siegfried Rivera law firm writes HERE
  2. Approve Pooled Reserve funding reading
    1. Home prices and Reserves Association Reserves study
    2. Florida Condo & HOA Legal Blog on pooled funding
    3. Attorney David G. Muller  writes – What are Pooled Reserves and How Do We Implement Them
    1. State of Florida Self-Study Training Manual on BUDGETS & RESERVE SCHEDULES CLICK HERE
    2. Reserve Advisors – Why pool Reserve $ vs Itemized item allocation ? Read
    3. Google the subject “Why pool HOA reserve funds”
    4. This action does NOT affect any of the historical records of past reserve contributions or withdrawls
    5. We currently we have line items for 24 common area reserve items, 8 in the town homes, and two in the Duplex ares. All of which the HOA is responsible for.
    6. Recommend we establish ONE pooled restricted reserve funding account.
    7. We are one HOA with a main goal of maintaining our property values even though we have three unique areas. Common areas, Town Homes, and Duplexes, each with its own assessment to cover the additional contractual obligations of each, but still we are ONE HOA and the HOA is responsible for ALL