Can I read 2022 Condo Reserve Fund Overview on EtoBox?
2022 Condo Reserve Fund Overview by saranya.cp is a document available to read on EtoBox.
What is 2022 Condo Reserve Fund Overview about?
The 2022 Reserve Fund Annual Review for Condo Corporation 000001 in Calgary shows a significant decrease in the reserve fund, with a closing balance of $0 compared to a budgeted $423,692. Actual contributions were only $1,500 against a budgeted $120,156, reflecting a 98.75% shortfall. The report highlights that the Board has discretion over the timing of expenditures, which may differ from the Reserve Fund Study and Plan.
- Author
- saranya.cp
- Language
- EN