Reserve Study

Balances as of 6/30/23


Date

Net Assets

Fully Funded

% Funded

12/31/21

0

34,600

0%

12/31/22

11,644

44,033

26%

06/30/23

13,648

   

12/31/23 (est)

19,625

48,695

40%


Reserve Status - 8/21/23

The year 2022 was the first year of our reserve fund. We made all contributions as budgeted. We begin 2023 26% funded. Statements are available to members and qualified parties.

2022 Reserve Study — by Reserve Study Group submitted 7/7/21. Approved 8/30/21.


Minutes & Analysis — As presented at the special meeting of April 22, 2021.