Cohousing-L Mailing List: Re: allocation of reserve expenses

[Bryan Bowen (bryan]

We're in the same boat.  

All commercial facilities share expenses by square footage.  Most cohousing I 
know of seems to use a modified sf and per person or per unit approach.  

Does anyone out there use a square footage only method?  

One additional challenge we face is that we have a wide spread of 
affordability, from Habitat units up to Boulder market rate homes...which makes 
the allocation of dues and reserves contributions trickier.

-b
(wild sage cohousing)

bryan bowen architects, p.c.
1510 ZAMIA AVENUE #103  BOULDER, COLORADO 80304  (303) 443-3629
www.bryanbowenarchitects.com

 

-----Original Message-----
From: cohousing-l-bounces+bryan=bryanbowenarchitects.com [at] cohousing.org 
[mailto:cohousing-l-bounces+bryan=bryanbowenarchitects.com [at] cohousing.org] 
On Behalf Of Margaret
Sent: Tuesday, March 30, 2010 10:40 AM
To: cohousing-L [at] cohousing.org
Subject: [C-L]_ allocation of reserve expenses


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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