Description
You’ve received your depreciation report identifying major repairs and renewals over the next 30 years. Now what? How much should your strata owners contribute to the contingency reserve fund (CRF)? Will there be special levies? How should the funds be invested? How do you keep track of the strata’s investments?
Management of the Contingency Reserve Fund answers these questions in a simple but comprehensive manner. It also includes Excel worksheets:
- Depreciation Report Analyzer with instructions
- CRF Liquidity Analyzer Excel workbook with instructions
- CRF Monthly Analysis Expenditure Plan Excel workbook with instructions
The Depreciation Report Analyzer is a user-friendly tool for exploring different funding possibilities to meet future expenditures as well as to formulate detailed maintenance plans based on depreciation reports. No prior knowledge of Excel is required to use it, but users who are familiar with the program will find that it provides a great deal of flexibility to explore and compare alternative plans.
Dr. Cleveland S. Patterson, an Emeritus Professor of Finance and a former member of VISOA’s board of directors is the author as well as the creator of the f the Depreciation Report Analyzer, CRF Liquidity Analyzer, and CRF Monthly Analysis Expenditure Plan workbooks.
