Cohousing-L Mailing List: Fwd: What is your community's reserve funding level?

[S. Kashdan (s_kashdan]

Hi fellow cohousing and other intentional community residents,,

Here at Jackson Place Cohousing in Seattle, Washington we are working on our 
2025 budget. In addition to budgeting for utilities, here in Washington State, 
we are required to have a reserve fund to save for upcoming and future 
maintenance and replacement of the elements owned by our condo. But the law 
does not require a specific amount or percentage of funding of the reserve 
savings.

So some residents are wondering how other cohousing and intentional communities 
handle their reserves.

To help our discussions, we would appreciate it if you could let us know what 
your community's reserve funding level is.

Thanks in advance for whatever you can tell me.

Cohousingly,
Sylvie

Sylvie Kashdan

Community Outreach Liaison
Jackson Place Cohousing
800 Hiawatha Place South
Seattle, WA 98144

https://jacksonplacecohousing.org

info [at] jacksonplacecohousing.org