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Condominium Reserve Fund
and Dues Analysis
Use the Condominium Reserve Fund and Dues Analysis solution to:
√ SET UP INFLATION PROJECTED RESERVE ITEMS.
√ CREATE A 35 YEAR SCHEDULE.
√ ADD INTEREST ON DEPOSITS.√ SET DUES SCHEDULE TO BALANCE OPERATING AND RESERVE EXPENSES.
√ UPDATE WITH REAL COSTS TO KEEP PROJECTIONS ACCURATE.
This product is an easy to use Excel spreadsheet that will allow you to determine the proper amount of monthly dues required to fully fund without over funding your reserve fund, schedule reserve fund items, and avoid assessments.
- Sample Expense Schedule:
Sample Projections:
Underfunding Example
Over Funding Example:
Properly Funded:
Date: 7/1/2010
For the last seven years I was and still am in charge of dues and the reserve fund of a new 44 unit condominium project. I also am present President of our 44 unit condominium association.
I read many books on condominium management. I was amazed of the lack of information on how to calculate dues and reserve fund balances, so, as a registered professional engineer, I developed my own. I have been using and developing this format for five years now.
This is a self correcting system, put in actual costs in place of projected costs as you go along.
Our reserve balance has been building on schedule, negating any need for special assessments.
Very Truly Yours
Tymevest Inc
Louis Jost
e-Mail:
only $77.
You will be given immediate access to our download page following completion of payment.
This software requires that you have Microsoft Excel 97, 2003, or 2007.
If you do not use a PayPal account, be sure to click on the "return" link you will be provided so allow you to download the software.
© Louis Jost, p.e.,2008, all rights reserved
THIS IS A BUDGETING AND FORECASTING CALCULATOR AND SHOULD COMPLIMENT AND VERIFY THE RESULTS OF YOUR ACCOUNTING SYSTEM. THE PROJECTIONS ARE HYPOTHETICAL, BASED ON AVERAGE INFLATION RATES AND TODAY'S COSTS, ACTUAL RESULTS CAN DIFFER
This product has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to use this calculator. It is ultimately your responsibility to ensure the funding model is correctly used for your specific application. No representation is being made that the predictions or inflation rates in this example will be correct. Mitigate your risk exposure appropriately through selection of appropriate values.
