|allocation of reserve expenses||<– Date –> <– Thread –>|
|From: Margaret (margaret.portermindspring.com)|
|Date: Tue, 30 Mar 2010 09:40:09 -0700 (PDT)|
We are a fairly new cohousing community. We did an initial reserve study and allocated our reserve expenditures about 50 percent by household and the rest primarily by square footage. We now have an updated reserve study and are planning its implementation. We are curious what other cohousing communities' experience has been with allocating reserve expenditures-what formulas have you used; how have they worked out; do you have any to suggest other than a combination of by household and square footage? Which expenditures do you allocate by each category? Is there any community that allocates solely by square footage or solely by household? Any insight you can give us about your experience would be greatly appreciated. Thanks, Margaret Porter Member, Finance and Legal Team Silver Sage
- allocation of reserve expenses Margaret, March 30 2010
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