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Since the mid-eighties,
the two Boards at
Islington 2000
have
been commissioning
arm's-length specialist groups
to conduct formal
Reserve Fund Studies.
w
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During Fiscal Year 2009/2010
$1.2 million was
invested to
build
& maintain the Reserve Fund
for the Islington 2000 complex.
Well-planned
Reserve Fund
contributions, expenditures & balances
ensure proper,
timely, repairs & replacements
of the major components
comprising
the beautiful buildings,
grounds & facilities at
ISLINGTON 2000. |
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Every three years,
an arm's-length
specialist group
conducts
a formal
Reserve Fund Study. |
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Every six months, the two
Boards review & update the Reserve Fund Forecast. |
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