Continuing Education Credit Available
This webinar discusses in depth the problems of underfunding reserves, the flawed reasoning behind poor funding decisions and the inevitable conflicts that arise when well-meaning, otherwise knowledgeable board members fail to make correct reserve planning and budget decisions. It also features strategies to elevate funding in the current economy. (This product contains bonus video of this topic recorded at our 2014 Annual Conference. The CE credit for the entire package is the same as a one hour webinar.)
Members: USD $69.00
Non-Members: USD $99.00 (Join CAI and Save!)
This webinar discusses in depth the problems of underfunding reserves, the flawed reasoning behind poor funding decisions and the inevitable conflicts that arise when well-meaning, otherwise knowledgeable board members fail to make correct reserve planning and budget decisions. It also features strategies to elevate funding in the current economy.
Topics
- What it means for an association to be underfunded
- The reasons reserves are often underfunded
- How to determine if an association is financially healthy
- The consequences of underfunding reserves
- Strategies and best practices for elevating reserve funding
Speaker
Robert Nordlund, PE, RS, is founder and CEO of Association Reserves Inc., a recognized industry authority in preparing reserve studies for association-governed communities since 1986. As a registered professional engineer and reserve study pioneer, Nordlund was involved in creating the 1998 National Reserve Study Standards and has greatly influenced the community association industry.
Continuing Education Credit
This program provides one credit per hour toward:
- Certified Manager of Community Associations recertification
- Association Management Specialist redesignation
- Professional Community Association Manager redesignation
To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation.
Registration Information
All registrants will have full access to this on-demand, online recording for 120 days.
Manager Certifications and Designations
Certified Manager of Community Associations (CMCA®) / Association Management Specialist (AMS®) / Professional Community Association Manager (PCAM®) / Large-Scale Manager (LMS®)
Management Company Designation
Accredited Association Management Company (AAMC®)Service Provider Designations and Distinctions
Reserve Specialist (RS®) / Community Insurance and Risk Management Specialist (CIRMS®) / Educated Business Partner
