Reserves - What, Why, and How
Date/Time: 6/26/2018 11:00 AM - 6/26/2018 2:00 PM
Venue: Online
Member Rate: $139
Non-Member Rate: $199
This course will teach
you how to take a proactive role in the reserves process, including
selecting a reserve study preparer, determining what components should be
included and explaining the report to the board. You'll also learn how to
use the information to help the board make funding plan decisions and
understand how reserve funds can be used.
LEARNING OUTCOMES
·
Articulate why reserves
and reserve studies are important
·
Understand the roles of
the manager, the board and the reserve study preparer
·
Determine which
components are common area maintenance responsibilities
·
Know what to look for
when reviewing the physical and financial analysis
·
Understand how to assist
the board in making decisions about which funding model to use and how to
fund the reserves
·
Describe what must be
disclosed annually
·
Identify requirements
for borrowing from reserves
WHO SHOULD TAKE THIS
COURSE?
Community managers who
advise their association boards on reserve funding
PREREQUISITES
None
CONTINUING EDUCATION
UNITS (CEUS)
3
Registration for this event is closed.