|
Since the
mid-1980's
the two Boards at
Islington
2000
have commissioned
arm's-length
specialist groups
to conduct formal
Reserve Fund Studies
on a regular basis. |
During fiscal year 2005/06
$775,000 will be invested to
build & maintain the
Reserve
Fund for the
ISLINGTON 2000 complex.
Well-planned Reserve Fund
contributions, expenditures and
balances ensure proper and timely
repairs &
replacements
of the major components
comprising the beautiful
buildings, grounds and facilities at
ISLINGTON 2000.
|
 |
Every three years,
an
arm's-length specialist
group
conducts
a formal
Reserve Fund Study.
|
|
Every
six months, the Boards review and update
the
Reserve Fund
Forecast. |
|
