Reserve Planning
64% funded · WeakLong-term capital forecasting based on the 2024 reserve study
Reserve Balance
$824K
Fully Funded Target
$1.3M
Percent Funded
64%
Assets at Risk
1
≤2 yrs remaining life
Asset Inventory
Useful life, replacement cost and funding by component
| Asset | Remaining Life | Replacement | Funded |
|---|---|---|---|
Clubhouse Roof Clubhouse · 22yr life | Due now | $168K | 85% |
Asphalt Roads & Parking Roads · 20yr life | 4 yrs | $540K | 58% |
Security Gates & Access Security Gates · 12yr life | 4 yrs | $58K | 50% |
Playground Structures Playground · 15yr life | 4 yrs | $64K | 59% |
Community Pool & Deck Pool · 25yr life | 5 yrs | $285K | 69% |
Common Area Lighting Lighting · 15yr life | 5 yrs | $72K | 61% |
Perimeter Fencing Fencing · 18yr life | 6 yrs | $96K | 64% |
Funding Model
Annual contribution
Current contribution$204,000
Recommended (full funding)$246,000
Underfunded by $42,000/yr
Inflation assumption: 3.5% · 30-yr horizon
Assumptions
Inflation rate3.5%
Investment return2.0%
Study methodFull funding
Last studySep 2024
Capital Improvement Timeline
Planned major projects funded from reserves
FY2026
Clubhouse Roof Replacement
Estimated $168,000
FY2026
Gate Access System Upgrade
Estimated $58,000
FY2027
Road Resurfacing — Phase 1
Estimated $280,000
FY2028
Pool Resurface & Pump
Estimated $145,000