Annual Dues Fast Fact - Reserve Study and Restricted Capital Reserves Fund

Dear Landings Association Members, 

  • The Landings Association commissioned a Reserve Study by an independent Reserve Specialist in 2019-20.
  • The Study shows TLA is not contributing enough funding to the restricted Capital Reserves Fund for items like roads, community paths, storm drains, etc.
  • Without an increase in funding, the Reserves will run out of cash in the next several years, leading to deteriorated community infrastructure.
  • The Annual Dues Proposal will shore up the Reserves Fund to a level considered adequate by industry standards.

Click Reserve Study to learn more.

To learn more about the Annual Dues Proposal, visit www.landings.org/annual-dues.

 

 



This article was originally published by The Landings Association on their website.

Visit landings.org to read the original article.
https://landings.org/news/2020/09/03/annual-dues-fast-fact-reserve-study-and-restricted-capital-reserves-fund