Tue, Mar 26
|Southgate
Unlocking Financial Stability: The Essential Reserve Study Masterclass - NOTE: IN PERSON SPOTS ARE FULL
A well-executed reserve study is the cornerstone of prudent fiscal management, ensuring that your community has the necessary funds to maintain and enhance its assets over time. Leave with a solid understanding of reserve studies in this Master Class presented by Reserve Advisors.
Time & Location
Mar 26, 2024, 6:00 PM – 7:30 PM
Southgate, 15755 Northline Rd, Southgate, MI 48195, USA
About the event
In our 'Unlocking Financial Stability' seminar, Henry McKenna from Reserve Advisors will delve into the world of reserve studies, equipping your board members with the skills and insights needed to make informed decisions.
This interactive event will cover:
The Importance of Reserve Studies: Learn why reserve studies are essential for maintaining property values and ensuring the safety and functionality of shared amenities.
Fundamentals of Reserve Planning: Understand the basics of reserve planning, including components, funding models, and legal requirements.
Conducting a Comprehensive Reserve Study: Get step-by-step guidance on how to initiate and conduct an effective reserve study tailored to your community's unique needs.
Budgeting for the Future: Discover best practices for incorporating reserve study findings into your annual budget, ensuring that your community remains financially stable.
