Laserfiche WebLink
RESERVE <br />ADVISORS <br />greater construction (development) activity may experience slightly greater <br />rates of inflation for both construction materials and labor. <br />• The past and current maintenance practices of Arden Hills City Hall and <br />their effects on remaining useful lives <br />• Financial information provided by the Association pertaining to the cash <br />status of the reserve fund and budgeted reserve contribution <br />• The anticipated effects of appreciation of the reserves over time in accord <br />with a return or yield on investment of your cash equivalent assets. (We <br />did not consider the costs, if any, of Federal and State Taxes on income <br />derived from interest and/or dividend income). <br />• The Funding Plan excludes necessary operating budget expenditures. It <br />is our understanding that future operating budgets will provide for the <br />ongoing normal maintenance of Reserve Components. <br />Updates to this Reserve Study will continue to monitor historical facts and trends <br />concerning the external market conditions. <br />Page 5.2 - Methodology <br />