Re: allocation of reserve expenses
From: Robert Heinich (robertenocommons.org)
Date: Thu, 1 Apr 2010 07:53:08 -0700 (PDT)
There is an article on this:
http://www.cohousing.org/cm/article/budget101

We allocate solely by household/lot.  It helps that we only have two house
types: 11 House A/1483 sq ft and 11 House B/1974 sq ft.

-Robert Heinich
 Eno Commons Cohousing
 Durham, NC
 http://www.enocommons.org
 where it is finally warm enough in the morning to commute by bicycle.


On Tue, Mar 30, 2010 at 12:40 PM, Margaret
<margaret.porter [at] mindspring.com>wrote:

>
> 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
>
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