With the arrival of spring, managers and board members fancifully dream of budgets, reserve studies, and disclosures. Oh, I wish. As a Reserve Specialist (RS) who works year-round on reserve…

That is the question. Although I share a name with a literary genius, it ends there. I am certainly no Shakespeare! But this line from the famous soliloquy, adapted for…

The Browning Reserve Group (BRG) understands that there are many options when selecting a reserve study firm. Lots of choices can make it difficult to discern the differences between various…

A Reserve Study is a budget planning tool that identifies the current status of the reserve fund and a stable, equitable funding plan to offset anticipated future major common area…

Fully Funded Balance (FFB) is a mathematically derived balance that provides one answer to the question of how much should be in the reserve fund at a given point in…

Identical work depicted by differing component presentations produces substantial Fully Funded Balance differences. Competing component presentations are commonplace and occur without intent. And to be crystal clear, we’re not talking…

Percent Funded is an analytic tool used to gauge reserve fund strength by comparing the reserve fund balance against the Fully Funded Balance (FFB), which is a mathematically idealized reserve…

Percent Funded status is commonly measured as Poor (below 30%), Fair (between 30% and 70%), or Strong (above 70%). However, there is a quirk in this gauge, making these statuses…

Most reserve fund accounts earn investment interest that is reinvested into the reserve fund, so reserve fund interest earnings are an integral element of the reserve funding plan. Estimated reserve…

The following discussion looks at the stability and usability of the Percent Funded analytic tool. At first blush, Fully Funded Balance and its derivative Percent Funded appear remarkably simple and…

These pages discuss reserve study funding topics including Percent Funded and reserve fund interest calculations. If you are unfamiliar with Percent Funded (PF) and how it is calculated, first read…