Reserve Fund Webinar Package
Reserve Fund Webinar Package
The comprehensive webinar package stands out for its quality material and experienced presenters.
This package includes:
- Saving Smart: Best Practices for Reserve Funds; Robert Nordlund, PE, RS, Association Reserves inc.
- What’s New with National Reserve Standards; Robert Browning PCAM, RS , Browning Reserve Group and Pete Miller, RS, Miller+Dodson Associates.
- Tight Budgets, Tough Choices: Making Responsible Decisions; Adrian Adams. Esq, Adams Stirling PLC, Robert Nordlund, PE, RS, Association Reserves inc.
Duration: 3 hrs, 7 Minutes
Credit Information: 3 credits
Description
Reserve Fund Webinar Package
This package includes:Saving Smart: Best Practices for Reserve Funds presented by R. Nordlund. A vast number of association-governed communities in the United States are currently underfunded, based on an analysis of nationwide data from approximately 8,400 completed reserve studies between 2010 and 2012. While many states do not legally require associations to maintain adequate reserve funds, failing to properly fund reserves can lead to missed opportunities, unfulfilled obligations, unpopular special assessments and more.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. (60 Minutes)
What’s New with National Reserve Standards presented by R. Browning & P. Miller Led by industry experts who will review the revised National Reserve Standards adopted in 2017. In this webinar, your colleagues to participate in a discussion about best practices and trends in reserve studies, reserve funding plans, and reserve practices.(60 Minutes)
Tight Budgets, Tough Choices: Making Responsible Decisions presented by A. Adams and R. Nordlund. Many association-governed communities in the United States are underfunded, based on data from approximately 8,400 reserve studies completed between 2010 and 2012. That means communities haven’t set aside enough money to offset common-area deterioration and won’t have enough money in reserve to make repairs and replacements in a timely manner. While many states don’t require associations to maintain adequate reserve funds, failing to properly fund reserves is never a wise decision. In this webinar, two experts discuss the challenge of making tough budget choices when money is tight. (67 Minutes)
