Reserve Study

2015 NRROA Reserve Study

2020 NRROA Reserve Study: 

• Final Revision Type 1 Study

• Supplemental Schedules

2025 NRROA Reserve Study: 

• Revision 1 - $312.37/unit, 100% funded, decks, $10,513 reserve contribution, with yearly expenses ($29k/yr)

• Revision 2  : $306.32/unit, 100% funded, decks, $10,513 reserve contribution, no yearly

• Revision 3 : $320/unit, 100% funded, decks, $13,698 reserve contribution, no yearly

• Revision 4 - $320/unit, 100% funded, decks, $15,146 reserve contribution, no yearly

• Revision 5 - $324/unit, 100% funded, decks, $15,146 reserve contribution, no yearly,

  • Lower deck replacement:  2030 

  • Upper deck replacement:  2033

  • Change deck life to 30 year (item 608)

  • Change starting reserve balance to $450k and not $498k as originally provided

  •