Provides Financial Projections of the Operating Budget
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. More importantly, the AMP provides a forecast of necessary revenue to sustain the preferred plan. For a Strata/Condominium, this means the ability to plan future strata/condo fees rather than just reserve contributions.
