3 Final 2022-23 ReserveStudy-07-29-2022 reduced-compressed

30-Year Reserve Plan Summary

Report # 6510-0 With-Site-Visit

Fiscal Year Start: 2022

Interest:

1.00 %

Inflation:

3.00 %

Reserve Fund Strength: as-of Fiscal Year Start Date

Projected Reserve Balance Changes

% Increase In Annual

Starting

Fully

Special Assmt

Loan or Special

Reserve Funded Percent Balance Balance Funded

Reserve Reserve

Interest Income $41,240 $41,217 $41,464 $42,892 $44,351 $44,180 $48,004 $52,453 $55,495 $60,949 $56,204 $46,908 $39,601 $37,289 $42,875 $44,998 $48,867 $55,912 $63,625 $73,925 $79,288 $83,277 $90,951

Reserve

Year

Risk Funding Funding Assmts

Expenses $1,359,865 $973,865 $1,404,791 $842,493 $1,509,307 $1,282,273 $831,060 $1,288,293 $1,247,769 $947,918 $3,428,667 $1,990,182 $3,166,045 $1,140,023 $1,754,604 $2,013,673 $1,591,869 $1,577,643 $1,670,087 $1,283,216 $2,888,423 $1,791,464 $2,396,566 $1,638,077 $1,684,170 $1,540,183 $1,448,690 $2,920,995 $2,786,696 $1,600,108

2022 $4,235,542 $7,408,116 2023 $4,016,041 $7,395,397 2024 $4,230,878 $7,814,847 2025 $4,065,526 $7,839,047 2026 $4,516,611 $8,467,547 2027 $4,357,370 $8,475,722 2028 $4,482,444 $8,757,249 2029 $5,122,535 $9,552,412 2030 $5,372,459 $9,942,132 2031 $5,731,324 $10,428,187 2032 $6,463,744 $11,281,860 2033 $4,781,923 $9,651,487 2034 $4,603,679 $9,500,723 2035 $3,319,926 $8,182,585 2036 $4,140,962 $8,961,441 2037 $4,437,647 $9,181,872 2038 $4,565,758 $9,194,840 2039 $5,211,800 $9,697,004 2040 $5,975,432 $10,284,863 2041 $6,754,887 $10,852,798 2042 $8,036,495 $11,895,636 2043 $7,827,858 $11,377,564 2044 $8,834,591 $12,036,823 2045 $9,363,351 $12,157,498 2046 $10,785,063 $13,129,878 2047 $12,305,586 $14,152,800 2048 $14,122,705 $15,425,628 2049 $16,192,654 $16,903,917 2050 $16,952,596 $16,985,311 2051 $18,010,594 $17,284,962

57.2 % 54.3 % 54.1 % 51.9 % 53.3 % 51.4 % 51.2 % 53.6 % 54.0 % 55.0 % 57.3 % 49.5 % 48.5 % 40.6 % 46.2 % 48.3 % 49.7 % 53.7 % 58.1 % 62.2 % 67.6 % 68.8 % 73.4 % 77.0 % 82.1 % 86.9 % 91.6 % 95.8 % 99.8 % 104.2 %

Medium 4.05 % $1,099,124 Medium 4.40 % $1,147,485 Medium 4.40 % $1,197,974 Medium 4.40 % $1,250,685 Medium 4.40 % $1,305,715 Medium 4.40 % $1,363,167 Medium 4.40 % $1,423,146 Medium 4.40 % $1,485,765 Medium 4.40 % $1,551,138 Medium 4.40 % $1,619,388 Medium 4.40 % $1,690,641 Medium 4.40 % $1,765,030 Medium 4.40 % $1,842,691 Medium 4.40 % $1,923,769 Medium 4.40 % $2,008,415 Medium 4.40 % $2,096,785 Medium 4.40 % $2,189,044 Medium 4.40 % $2,285,362 Medium 4.40 % $2,385,918 Medium 4.40 % $2,490,898 Medium 4.40 % $2,600,498 Medium 4.40 % $2,714,920 Low 4.40 % $2,834,376 Low 4.40 % $2,959,089 Low 4.40 % $3,089,289 Low 4.40 % $3,225,217 Low 4.40 % $3,367,127 Low 4.40 % $3,515,280 Low 4.40 % $3,669,953 Low 4.40 % $3,831,431

$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

$0 $100,699 $0 $115,404 $0 $132,085 $0 $151,512 $0 $165,656 $0 $174,742 $0 $192,142

Association Reserves, #6510-0

73

7/29/2022

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