KINGSLEE HEIGHTS HOME ASSOCIATION BUDGET C/O Sharper Management
1. 2024 Budget/Dues Assessments
2. 2025 Budget/Dues Assessments
Overview
Building Reserves
What does A Reserve Study Update Include?
1. Updated local construction inflation rates, labor rates, and material costs 2. Updated interest rates on invested reserves
3. Updated, customizing funding plan and schedule of capital projects that aligns with current board priorities.
4. Updated reserve balance and inclusion of current budget values.
5. Updated unit cost, repair/replacement costs, and future project costs.
6. Audit of component quantities, specifications, and material details.
7. Reassessment of board priorities, goals, and objectives.
8. Review of governing documents to ensure no charges were made that would affect budgetary recommendations.