Learn the essentials of reserve funds, their role in financial stability, and their use in managing unexpected and planned ...

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study. If the ...

"The whole goal of the bond fund was, 'how can we further extend economic development,' said Craig Teamer, director of finance and special projects for the Toledo-Lucas County Port Authority. "If ...

The emergency reserve fund Pulaski County tapped to make payroll last month was stuffed with covid bailout money that a federal rule says was supposed to be used for other purposes. Pulaski County's ...

Q: Our HOA reserves for replacement are severely underfunded. The board recognizes this deficit and is working to catch up but it will take time to achieve a suitable reserves funding level. Does ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

Live in a home governed by a condominium, co-op or homeowner's association? Have questions about what they can and cannot do? Ryan Poliakoff, an attorney and author based in Boca Raton, has answers.

Q: Last year after insurance skyrocketed, the HOA board borrowed from the reserves and then paid back the reserves with an assessment. We then learned that the board borrows from the reserves every ...