Replacement Reserves – ignore them at your peril!

With Lyons Witten

Hear from expert Lyons Witten on how to keep your community’s buildings and finances in good shape for generations. He will explain the importance of setting up replacement reserves (RR) from the date of move in, what is typically in an RR spreadsheet, where RR money is invested, and how the spreadsheet is updated annually. Your community will benefit greatly from a healthy RR account!