Assessment and Reserve Funding Disclosure Worksheet

Please complete this worksheet after adopting a reserve funding plan for the year stated in #2 below. Per California Civil Code Section 5560, a reserve funding plan must be adopted by the board of directors at an open meeting before the membership.



    2) Calendar/fiscal year the disclosure form is for:




    THROUGH






    5) Special assessments that have been approved by the board and/or members:

    DATE ASSESSMENT WILL BE DUE DATE DUE DESCRIPTION AMOUNT PER UNIT (AVERAGE) in $



    Please note: Once submitted, the Assessment and Reserve Funding Disclosure Form (ARFDS) will be sent to you within 1-2 days and it should be
    distributed with your budget package. The Reserve Study that this worksheet is based on will be
    deemed final
    upon receipt of the completed worksheet. Any subsequent adjustments to the Reserve
    Study will constitute a revision, necessitate a revised disclosure form, and be subject to a fee.

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