A budget planning tool that identifies the current status of a Reserve Fund and a Funding Plan to offset the anticipated expenditures for the major repairs and replacement of components, elements, or assets, for which a corporation or association is responsible.
A budget planning tool that identifies the current status of a Reserve Fund and a Funding Plan to offset the anticipated expenditures for the major repairs and replacement of components, elements, or assets, for which a corporation or association is responsible.
The AMP includes detailed projections of operating revenues, operating expenses, and if necessary, current or projected loan payments. With the added context of operations and goals, the optimal reserve fund contributions are forecasted clearer than in a Depreciation Report/Reserve Fund Study.
The best practice when faced with a need for replacement or upgrade of a property component is to evaluate at least three options.
OurCastle uses the ENERGY STAR Portfolio Manager online platform to set up
seamless data aggregation by connecting BC Hydro and/or FortisBC services.
Our reputation is built on delivering tools that drive results. Informative meetings, detailed conversations, and collaborative planning are key to our method.
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