Tag Archives: Reserve Spending

As of the end of 2020 the number of common interested developments (CIDs) in the United States was estimated to be 355K. 35%-40% are condominiums. 58%-63% planned developments, 2%-4% real estate cooperatives. (CAI-2020-2021 Statistical Review) Forty Years of Growth In 2000 the number was estimated to be 222,500. By the end of 2010 the number…

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The Operating Budget: I

December 17, 2020

Edge One

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Budgeting for a homeowner association (HOA) typically involves two elements: 1) Annual operating expenses; 2) Intermittent or non-annual replacement reserve spending. Annual operating spending in turn, typically includes spending on recurring maintenance that is expected to occur at least once of the course of the typical year. “Operational” maintenance spending is a separate category of…

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Tag Archives: Reserve Spending

Homeowner Association Borrowing

The Operating Budget: I

The CIDA Report™