Parts of a Reserve Study: Reserve Fund Strength
The calculation of Reserve Fund Strength is one of the three results of a Reserve Study. The measure of how well the Reserve Fund has kept pace with ongoing deterioration (computed as the Fully Funded Balance) is reported in ratio form as Percent Funded.
0%- 30% Funded is considered poor (well behind pace), 30% – 70% funded is considered fair (behind pace), and 70% – 130% is considered good (on pace).
Reserve Fund Strength Articles
Are Your Reserves Adequate?
How can we Compare our Reserve Fund to other Associations?
Is your Reserve Fund “On Pace”
What exactly is Percent Funded?
Why Percent Funded Should Matter to You
Percent Funded Calculator