Condo Owners Forum

"It's about community. It's about bringing people together. It's about creativity and service. It's about making the community in which we live a really good place to be." - In Miscellaneous Quotes, by Andy Stoll

Home COFSAB Forum Repairs and Maintenance Reserve Fund – Hedged Special Assessment Fund (COF Condo Chat Question)

  • Reserve Fund – Hedged Special Assessment Fund (COF Condo Chat Question)

    Posted by Karen Bennett on July 1, 2022 at 7:59 am

    Question from Neil H: When fully funded I’m inclined to start a hedged special assessment fund that can be invested through schedule 2. The interest earned can be used to offset the annual budget. This fund, over time, would actually result in depreciating contributions required to maintain the corporation expenditures. Any thoughts or advice on this approach?

    Karen Bennett replied 1 year, 5 months ago 1 Member · 0 Replies
  • 0 Replies
Please spread the word!

Sorry, there were no replies found.

Log in to reply.

Please spread the word!
Verified by MonsterInsights