How to Keep Your HOAs Reserve Fund from Running on EMPTY | Engaging Homeowners Pt 4 of 4

Описание: Is your HOA reserve fund running on empty? Learn how engaging homeowners and strong leadership keep reserves funded.
✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/

What's the first thing you should do to keep your Association's reserve fund from running on empty? Appreciate the reality of the situation. As a board member, although you're an untrained volunteer, you still have real power and a great responsibility. Armed with a reserve study, you know how much to collect from your homeowners to fund your reserves and your governing documents give you the power to do just that, and if you're like other associations, funding reserves will amount to close to 25% of your total budget. Success is really all about funding reserves pretty close to that fraction of your total budget. So paint a picture of a great future for your association, and lead your homeowners there by including that cost as part of your ongoing assessments. Do it. It's within your power and capability.
-----
Follow Association Reserves!
Website 👉 https://www.reservestudy.com/
Youtube 👉    / @reservestudies  
Facebook 👉   / reserves  
Twitter 👉   / reserves  
Get your HOA FiPhO Score Now! 👉 https://OurFiPhO.com/
------
About Association Reserves:

Association Reserves is the nation's premier provider of reserve studies, reserve funding plans, and financial guidance for HOAs and community associations. Established in 1986 by Robert Nordlund, PE, RS, Association Reserves set the gold standard for reserve funding practices, playing a key role in developing the National Reserve Study Standards.

With offices strategically located nationwide, including specialized branches in California and the Pacific Northwest, Association Reserves serves thousands of communities across the U.S., including condominiums, homeowner associations, resorts, schools, private clubs, municipal facilities, and commercial properties.

Our experienced team delivers comprehensive services such as full reserve studies, updates, interactive funding tools like uPlanIt, expert witness services, and customized reserve management consulting. Utilizing our industry-leading cash-flow reserve methodology, we help associations budget responsibly, minimize special assessments, and protect property values.

Association Reserves is dedicated to educating and empowering community leaders through resources like our HOA Insights podcast, live webinars, eBooks, and practical guides. Each year, we provide financial clarity to thousands of associations, ensuring they remain compliant, financially sound, and prepared for the future.
---
00:00 What’s the first step to keep your HOA’s reserve fund from running on empty?
01:10 Why should reserves be about 25% of the budget and built into assessments?
02:25 How do you shift focus from monthly dues to long-term property value?
03:45 What action steps help boards collect funds and get projects done on time?
05:00 Why do volunteer boards risk a “death spiral” without long-term focus?
06:15 How does funding around 25% reduce special assessments and deferrals?
07:30 How does steady reserve funding improve enjoyment and maximize values?
08:45 What tools and resources can help plan and communicate your reserve plan?
09:55 What final choices should boards make to keep reserves healthy this year?

#HOAReserveFund #EngagingHomeowners #AssociationReserves