Category Archives: HOA Governance

100% Funded: What Does it Mean?

The percent funded metric is arguably the most misunderstood concept in the lexicon of HOA financial planning. More correctly stated, we are referring to the “percentage of the fully funded reserve fund balance,” which may also be referred to as 100% funded. The Community Associations Institute (CAI) 2023-Reserve Study Standards (RSS-2023) defines the term Fully Funded…

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