Forecasted Statement of Revenues 2012 | DRAFT
Forecasted Statement of Revenues
and Expenses for the Year Ending December 31, 2012
2011 Mammoth Point Reserve Study
October 2011 For the fiscal year beginning January 1, 2012 Download PDF of Reserve Study Introduction This reserve study for Mammoth Point Condominium Homeowners Association utilizes cash flow analysis and straight-line depreciation methods in order to determine the recommended reserve funding for your budget. In addition, it provides your association with the proper disclosures per California Civil Code 1365 and 1365.5. Reserve studies are required every 3 years. Note that California Civil Code 1365.5 (e)(5) requires that community association Board of Directors adopt a “Reserve Funding...
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