Strategic Reserve Planning: Securing Your Community’s Future
Proactive asset management, thoughtfully designed to minimize risks and prevent unexpected financial surprises before they arise.
The Anti-Special Assessment Strategy
A special assessment is often a sign of a planning failure. At Utah Management, our goal is to eliminate them entirely. We use 20 years of historical cost data in Utah to help Boards forecast the true lifecycle of their assets—from the shingles on the roof to the asphalt in the guest parking.
Why Professional Planning is Vital
Capital Project Execution: When it's time to spend that reserve money, we act as your project manager—obtaining competitive bids, overseeing the work, and ensuring the community's assets are restored to like-new condition.
FHA/VA Approval Stability: Many lenders look at reserve fund health before approving mortgages. A well-funded reserve makes your homes easier to sell and more valuable.
Asset Lifecycle Analysis: We help you track the "Remaining Useful Life" of every major component of your property.
Aligning Today’s Dues with Tomorrow’s Needs
We help Boards find the "sweet spot" in their monthly dues—high enough to fully fund future repairs, but low enough to remain competitive in the Utah market.
FAQs
What is a Reserve Study?
1
It is a long-term budget planning tool that identifies the current status of the reserve fund and creates a stable funding plan for future major repairs.
How do we know if we are 'Underfunded'?
2
We use your most recent reserve study and current bank balances to calculate your "Percent Funded" and provide a strategy to reach 100% health over time.
Does Utah law require a reserve study?
3
Yes, Utah law requires associations to conduct a reserve analysis every six years and review it every three years. We ensure you stay in full compliance.