Cohousing-L Mailing List: Re: Reserves funding levels/percentages?

[Brian Bartholomew (bartholomew.brian]

 > For example, if a furnace costs $10,000 and is expected to last 10
> years, the fully funded community will be setting aside $1,000 a
> year so that when the furnace is ready to be replaced, they have the
> funds available to do so.

Let's use a real world example. If a furnace costs $10,000 today and
is expected to last 10 years, but the purchasing power of money is
being inflated away by deficit spending and stimulus payments at
10%/year, and there will be a 25% tariff because the government
doesn't like where it's manufactured, and a 10% tax because the
government doesn't like fossil fuels, then the price of the furnace in
10 years will be $35,664, and the fully funded community will be
setting aside $3,567 a year so that when the furnace is ready to be
replaced, they have the funds available to do so.

Brian