--- title: New Hignell HOA Blog | Reserve Funds description: Reserve Funds | New Hignell HOA Blog --- [Skip to content](https://blog.hignellhoa.com/tag/reserve-funds#main-content) [OWNER PORTAL](https://www.hignellhoa.com/owner-portal)|[CALL (530) 419‑6032](tel:5304196032)[![GET A FREE HOA ANALYSIS](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/47820439/5c25c044-6299-494a-9ee9-03dd5dfc13a5.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/47820439/5c25c044-6299-494a-9ee9-03dd5dfc13a5)[![PURCHASE CONSULTING HOURS](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/47820439/3958a588-baae-4ff9-bd9d-021be597a7be.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/47820439/3958a588-baae-4ff9-bd9d-021be597a7be) Close ** Click to close # HOA Management Blog Search ** Category All HOA Management HOA Board Member of HOA Living in an HOA HOA Rules and Regulations HOA Responsibilities HOA Maintenance Resident Tips HOA Board Meetings Safety HOA Accounting HOA Fees Reserve Funds HOA Law HOA Documents and Contracts Hire an HOA Management Company HOA Consulting HOA Property Values News Insurance Coverage [![The Impact of Inadequate Reserve Funding by the HOA Board-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/businessman%20calculating%20reserve%20funding%20shutterstock_1676632651.jpg?length=400&name=businessman%20calculating%20reserve%20funding%20shutterstock_1676632651.jpg) ](https://blog.hignellhoa.com/the-impact-of-inadequate-reserve-funding-by-the-hoa-board) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [The Impact of Inadequate Reserve Funding by the HOA BoardThe Impact of Inadequate Reserve Funding by the HOA Board ](https://blog.hignellhoa.com/the-impact-of-inadequate-reserve-funding-by-the-hoa-board) Homeowners associations are established to ensure the proper maintenance of common areas, amenities, and other... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/the-impact-of-inadequate-reserve-funding-by-the-hoa-board) [![How Often Do You Recommend Doing a Reserve Study?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/how%20often%20shutterstock_1958304982.jpg?length=400&name=how%20often%20shutterstock_1958304982.jpg) ](https://blog.hignellhoa.com/how-often-do-you-recommend-doing-a-reserve-study) 5 Min Read [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting), [ HOA Maintenance HOA Maintenance ](https://blog.hignellhoa.com/tag/hoa-maintenance) ## [How Often Do You Recommend Doing a Reserve Study?How Often Do You Recommend Doing a Reserve Study? ](https://blog.hignellhoa.com/how-often-do-you-recommend-doing-a-reserve-study) Reserve studies are a critical tool for HOAs to help ensure that they have adequate funds available to cover future... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-often-do-you-recommend-doing-a-reserve-study) [![Can the HOA Board Borrow Money from the Reserves?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/ReserveFund-shutterstock_2144190633.jpg?length=400&name=ReserveFund-shutterstock_2144190633.jpg) ](https://blog.hignellhoa.com/can-the-hoa-board-borrow-money-from-the-reserves) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Frequently Asked Questions HOA Frequently Asked Questions ](https://blog.hignellhoa.com/tag/hoa-frequently-asked-questions) ## [Can the HOA Board Borrow Money from the Reserves?Can the HOA Board Borrow Money from the Reserves? ](https://blog.hignellhoa.com/can-the-hoa-board-borrow-money-from-the-reserves) Homeowners associations (HOAs) are organizations responsible for maintaining and managing common areas and amenities... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/can-the-hoa-board-borrow-money-from-the-reserves) [![7 Common Questions HOA Board Members Ask About Budgets-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/177330844-resized-600.jpg?length=400&name=177330844-resized-600.jpg) ](https://blog.hignellhoa.com/questions-hoa-board-members-ask-about-operating-reserve-budgets) 4 Min Read [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [7 Common Questions HOA Board Members Ask About Budgets7 Common Questions HOA Board Members Ask About Budgets ](https://blog.hignellhoa.com/questions-hoa-board-members-ask-about-operating-reserve-budgets) Many HOA board members get into trouble due to not understanding the operating fund and reserve fund in a homeowners... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/questions-hoa-board-members-ask-about-operating-reserve-budgets) [![What HOA Boards Can Learn from the Surfside Condo Collapse-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/Hignell%20HOA%20beach%20quote.jpg?length=400&name=Hignell%20HOA%20beach%20quote.jpg) ](https://blog.hignellhoa.com/what-hoa-boards-can-learn-from-the-surfside-condo-collapse) 4 Min Read [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ News News ](https://blog.hignellhoa.com/tag/news), [ HOA Maintenance HOA Maintenance ](https://blog.hignellhoa.com/tag/hoa-maintenance) ## [What HOA Boards Can Learn from the Surfside Condo CollapseWhat HOA Boards Can Learn from the Surfside Condo Collapse ](https://blog.hignellhoa.com/what-hoa-boards-can-learn-from-the-surfside-condo-collapse) A homeowner’s association’s worst nightmare occurred on June 23, 2021, when a 12-story beachfront condominium in the... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/what-hoa-boards-can-learn-from-the-surfside-condo-collapse) [![Can the Reserves Be Adjusted for Items Costing More Than Planned For?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/budget%20adjustment%20concept%20ThinkstockPhotos-466183863-1.jpg?length=400&name=budget%20adjustment%20concept%20ThinkstockPhotos-466183863-1.jpg) ](https://blog.hignellhoa.com/can-the-reserves-be-adjusted-for-items-costing-more-than-planned-for) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Can the Reserves Be Adjusted for Items Costing More Than Planned For?Can the Reserves Be Adjusted for Items Costing More Than Planned For? ](https://blog.hignellhoa.com/can-the-reserves-be-adjusted-for-items-costing-more-than-planned-for) Picture yourself in this scenario: The clubhouse needs a new water heater and it will cost $10,000. But all prior... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/can-the-reserves-be-adjusted-for-items-costing-more-than-planned-for) [![3 Options if You Need to Make a Big Repair NOW in Your Association-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/big%20repair%20cost%20-%20ThinkstockPhotos-959666244-1.jpg?length=400&name=big%20repair%20cost%20-%20ThinkstockPhotos-959666244-1.jpg) ](https://blog.hignellhoa.com/3-options-if-you-need-to-make-a-big-repair-now-in-your-association) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [3 Options if You Need to Make a Big Repair NOW in Your Association3 Options if You Need to Make a Big Repair NOW in Your Association ](https://blog.hignellhoa.com/3-options-if-you-need-to-make-a-big-repair-now-in-your-association) As a general practice, what does an HOA board do if there’s a problem in the association that exists right now, but not... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/3-options-if-you-need-to-make-a-big-repair-now-in-your-association) [![What is a Reserve Study, Really?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/budget%20planning%20binder%20shutterstock_384050803-1.jpg?length=400&name=budget%20planning%20binder%20shutterstock_384050803-1.jpg) ](https://blog.hignellhoa.com/what-is-a-reserve-study-really) 1 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds) ## [What is a Reserve Study, Really?What is a Reserve Study, Really? ](https://blog.hignellhoa.com/what-is-a-reserve-study-really) The slightly technical definition of a reserve study is: a budgeting tool based on the art and science of anticipating... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/what-is-a-reserve-study-really) [![How a Reserve Plan Helps an HOA Board Protect Current Homeowners-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/long_term_short_term_planning-ThinkstockPhotos-491447665-1.jpg?length=400&name=long_term_short_term_planning-ThinkstockPhotos-491447665-1.jpg) ](https://blog.hignellhoa.com/how-a-reserve-plan-helps-an-hoa-board-protect-current-homeowners) 2 Min Read [ HOA Board HOA Board ](https://blog.hignellhoa.com/tag/hoa-board), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ Member of HOA Member of HOA ](https://blog.hignellhoa.com/tag/member-of-hoa) ## [How a Reserve Plan Helps an HOA Board Protect Current HomeownersHow a Reserve Plan Helps an HOA Board Protect Current Homeowners ](https://blog.hignellhoa.com/how-a-reserve-plan-helps-an-hoa-board-protect-current-homeowners) Planning for future repairs and maintenance costs of common areas in the homeowner’s association is one of the most... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-a-reserve-plan-helps-an-hoa-board-protect-current-homeowners) [![How to Eliminate the Risks of Inadequate HOA Reserve Funds-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/HOA%20Reserve%20Funds-505029896-1.jpg?length=400&name=HOA%20Reserve%20Funds-505029896-1.jpg) ](https://blog.hignellhoa.com/how-to-eliminate-the-risks-of-inadequate-hoa-reserve-funds) 3 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [How to Eliminate the Risks of Inadequate HOA Reserve FundsHow to Eliminate the Risks of Inadequate HOA Reserve Funds ](https://blog.hignellhoa.com/how-to-eliminate-the-risks-of-inadequate-hoa-reserve-funds) The risks of not having enough HOA reserve funds for your community are as serious as the risks of not having enough... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-to-eliminate-the-risks-of-inadequate-hoa-reserve-funds) [![Why a Loan is (Sometimes) a Good Idea for Your Homeowners Association-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/loan_application-ThinkstockPhotos-470097879-1.jpg?length=400&name=loan_application-ThinkstockPhotos-470097879-1.jpg) ](https://blog.hignellhoa.com/why-a-loan-is-sometimes-a-good-idea-for-your-homeowners-association) 1 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Fees HOA Fees ](https://blog.hignellhoa.com/tag/hoa-fees) ## [Why a Loan is (Sometimes) a Good Idea for Your Homeowners AssociationWhy a Loan is (Sometimes) a Good Idea for Your Homeowners Association ](https://blog.hignellhoa.com/why-a-loan-is-sometimes-a-good-idea-for-your-homeowners-association) Your association board is planning for the big project on the horizon, and is currently reviewing how to finance it.... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/why-a-loan-is-sometimes-a-good-idea-for-your-homeowners-association) [![Can a Board Use Reserves for an Item Not Listed in the Reserve Study?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/spreadsheet%20with%20magnifying%20glass%20-%20ThinkstockPhotos-640947656-1.jpg?length=400&name=spreadsheet%20with%20magnifying%20glass%20-%20ThinkstockPhotos-640947656-1.jpg) ](https://blog.hignellhoa.com/can-a-board-use-reserves-for-an-item-not-listed-in-the-reserve-study) 1 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Can a Board Use Reserves for an Item Not Listed in the Reserve Study?Can a Board Use Reserves for an Item Not Listed in the Reserve Study? ](https://blog.hignellhoa.com/can-a-board-use-reserves-for-an-item-not-listed-in-the-reserve-study) The purpose of the reserve fund is to plan for future repairs and replacements in the association. But what about... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/can-a-board-use-reserves-for-an-item-not-listed-in-the-reserve-study) [![How To Interpret Your HOA Reserve Study-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/Confused%20Man%20-HOA%20Reserve%20Study%2074854653-1.jpg?length=400&name=Confused%20Man%20-HOA%20Reserve%20Study%2074854653-1.jpg) ](https://blog.hignellhoa.com/how-to-interpret-your-hoa-reserve-study) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [How To Interpret Your HOA Reserve StudyHow To Interpret Your HOA Reserve Study ](https://blog.hignellhoa.com/how-to-interpret-your-hoa-reserve-study) More often than not, sitting down to review your HOA reserve study can be about as easy to understand and enjoyable as... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/how-to-interpret-your-hoa-reserve-study) [![3 Things an HOA Board Can Do Now to Combat Costly Maintenance-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/482334067-3_men_holding_yes_letters_illustration-resized-600-1.jpg?length=400&name=482334067-3_men_holding_yes_letters_illustration-resized-600-1.jpg) ](https://blog.hignellhoa.com/3-things-an-hoa-board-can-do-now-to-combat-costly-maintenance) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Maintenance HOA Maintenance ](https://blog.hignellhoa.com/tag/hoa-maintenance) ## [3 Things an HOA Board Can Do Now to Combat Costly Maintenance3 Things an HOA Board Can Do Now to Combat Costly Maintenance ](https://blog.hignellhoa.com/3-things-an-hoa-board-can-do-now-to-combat-costly-maintenance) There's always work to be done, especially in a homeowners association. It’s crucial that an HOA Board plan for... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/3-things-an-hoa-board-can-do-now-to-combat-costly-maintenance) [![Is Your HOA Board Saving Enough for the Reserves?-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/In_the_red_in_the_black_arrow_signs-ThinkstockPhotos-527088665-1.jpg?length=400&name=In_the_red_in_the_black_arrow_signs-ThinkstockPhotos-527088665-1.jpg) ](https://blog.hignellhoa.com/is-your-hoa-board-saving-enough-for-the-reserves) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds) ## [Is Your HOA Board Saving Enough for the Reserves?Is Your HOA Board Saving Enough for the Reserves? ](https://blog.hignellhoa.com/is-your-hoa-board-saving-enough-for-the-reserves) How does the reserve fund in your homeowners association look? If your fellow HOA board members tend to look the other... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/is-your-hoa-board-saving-enough-for-the-reserves) [![3 Reasons It's Crucial to Regularly Collect for Reserves in Your HOA-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/past-now-future-ThinkstockPhotos-510387572-1.jpg?length=400&name=past-now-future-ThinkstockPhotos-510387572-1.jpg) ](https://blog.hignellhoa.com/3-reasons-its-crucial-to-regularly-collect-for-reserves-in-your-hoa) 2 Min Read [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ Member of HOA Member of HOA ](https://blog.hignellhoa.com/tag/member-of-hoa), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [3 Reasons It's Crucial to Regularly Collect for Reserves in Your HOA3 Reasons It's Crucial to Regularly Collect for Reserves in Your HOA ](https://blog.hignellhoa.com/3-reasons-its-crucial-to-regularly-collect-for-reserves-in-your-hoa) Reserve funds are not an extra expense. They are part of the ongoing expenses of the homeowners association which... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/3-reasons-its-crucial-to-regularly-collect-for-reserves-in-your-hoa) [![Why Your HOA Board Should Use a Reserve Specialist-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/HOA%20Reserve%20Specialist%20-881542122-1.jpg?length=400&name=HOA%20Reserve%20Specialist%20-881542122-1.jpg) ](https://blog.hignellhoa.com/why-your-hoa-board-should-use-a-reserve-specialist) 1 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ HOA Accounting HOA Accounting ](https://blog.hignellhoa.com/tag/hoa-accounting) ## [Why Your HOA Board Should Use a Reserve SpecialistWhy Your HOA Board Should Use a Reserve Specialist ](https://blog.hignellhoa.com/why-your-hoa-board-should-use-a-reserve-specialist) As an HOA board member you probably know what a reserve study is and the importance of doing one. Equally important is... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/why-your-hoa-board-should-use-a-reserve-specialist) [![Real Member Questions About How an HOA Board Uses the Reserve Fund-featured](https://blog.hignellhoa.com/hs-fs/hubfs/Imported_Blog_Media/red_house_pieces_on_stacks_of_coins-ThinkstockPhotos-532334798-1.jpg?length=400&name=red_house_pieces_on_stacks_of_coins-ThinkstockPhotos-532334798-1.jpg) ](https://blog.hignellhoa.com/real-member-questions-about-how-an-hoa-board-uses-the-reserve-fund) 2 Min Read [ HOA Management HOA Management ](https://blog.hignellhoa.com/tag/hoa-management), [ Reserve Funds Reserve Funds ](https://blog.hignellhoa.com/tag/reserve-funds), [ Member of HOA Member of HOA ](https://blog.hignellhoa.com/tag/member-of-hoa) ## [Real Member Questions About How an HOA Board Uses the Reserve FundReal Member Questions About How an HOA Board Uses the Reserve Fund ](https://blog.hignellhoa.com/real-member-questions-about-how-an-hoa-board-uses-the-reserve-fund) Each and every homeowner’s association should have a reserve fund as part of its budget to plan and prepare for future... [ Read More ** Click to view blog post ](https://blog.hignellhoa.com/real-member-questions-about-how-an-hoa-board-uses-the-reserve-fund) ## Subscribe Newsletter ** Please ensure Javascript is enabled for purposes of [website accessibility](https://userway.org)