RESERVE FUNDING
Table 1 provides a sample reserve study component inventory to illustrate how these elements are typically identified and organized.
Table 1. Example of Reserve Study Component Inventory
Current Replacement Cost
Estimated Useful Life
Estimated Remaining Useful Life
Component Pavement Overlay Pavement Seal Coat Concrete Walkways
Quantity Unit
Unit Cost
28,000
SY
$22.00
$616,000
20
12
28,000
SY
$2.00
$56,000
5
2
34,000
SF
$12.00
$408,000
30
22
Brick Pavers
4,000
SF
$19.00
$76,000
25
17
6’ Wood Fence
900
LF
$48.00
$43,200
20
12
TOTAL
$1,199,200
7
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