Recent article by Paul Huijing, P.E. published in Community Associations Institute - New England Chapter publication Condo Media
In prior articles, we reviewed the rationale for conducting a reserve study and how to read the study to gain an understanding of association reserve responsibilities and finances. Now we will put the study into action. Starting with association goals, this article describes the process of calculating the unit owner contributions required to meet the reserve fund obligations for capital repairs and replacement. During the association annual budget process, reserve contributions are finalized based on the reserve study.
For full article with more detail see here ...