|Operating budget||<– Date –> <– Thread –>|
|From: Willow Murphy (willowm7gmail.com)|
|Date: Fri, 8 May 2015 08:27:27 -0700 (PDT)|
Our community (Sand River Cohousing) is currently making decisions about next year's budget. We'd like feedback on other communities ways of handling reserves. We are a senior community. Small like Rosewind -- all individually owned units, and we have 28 units. We are five years old and currently have $100,000 in reserves. HOA fees for one bedroom units are up to $157 monthly and its higher for folks with larger units. Do you strictly follow your reserve study recommendations or use this as a guide and make decisions based on your community's particular needs each year? Thanks, Willow Murphy Sand River Cohousing Santa Fe, NM
Results generated by Tiger Technologies Web hosting using MHonArc.