A. The reserve fund is established so that the HOA can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study. If the reserve study included ...

County officials are proposing to dip into rainy-day funds to pay for millions of dollars in bonuses for county employees. In ...

Quincy City Council voted on the new tax rate, which will raise taxes on the median value home over $500. The council offset ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

San Diego County supervisors voted 3-2 Tuesday to dip into rainy-day funds to cover millions of dollars in bonuses for county ...

"The whole goal of the bond fund was, 'how can we further extend economic development,' said Craig Teamer, director of finance and special projects for the Toledo-Lucas County Port Authority. "If ...

Q: Last year after insurance skyrocketed, the HOA board borrowed from the reserves and then paid back the reserves with an assessment. We then learned that the board borrows from the reserves every ...

The town of Ellicott unanimously voted to create a new reserve fund for the highway department. This reserve comes from a need to keep extra funding in case of a winter of extreme weather conditions.

A: The reserve fund is established so that the homeowners association (HOA) can build up money to offset the ongoing deterioration of common area components included in the HOA’s reserve study. If the ...