Reserve Expenses vs. Operating Expenses

Accounting for expenditures is an important decision point for managers and board members. So, is it an Operating expense or a Reserve expense to repair a sprinkler, light fixture, lobby chair, or roof? By going through these decision points in the correct order, you can keep your Reserve Fund from being depleted by unnecessary expenses, […]

Three Most Unusual Reserve Components

While conducting hundreds of Reserve Study site inspections each year, our team of Reserve Specialists occasionally run into some rather interesting assets that pass the Component List 4-part test and thus should have their repair or replacement costs reserved for.