News From Board of Directors

 

Capital Reserve Strategy and Methods Workshop
Monday July 8th at 6:00 pm
Addison Village Club Meeting Room
 
Capital Reserve planning is one of the most critical things that a community does that impacts not only assessments, but even more importantly it significantly impacts property values.  Appropriately funded reserves is an asset to every individual property and inappropriately funded reserves is predictably a liability for each individual property.  Getting it right is consequential and understanding the basis and the methods is imperative for every homeowner in the community.
 
Because of this vital importance to every homeowner, the Valencia board is planning a single-subject board meeting to exclusively discuss this very topic and we hope that you will be able to join us in-person for this discussion.  The purpose will be to discuss the methods and the tools that we use to determine appropriate levels of reserves so that the reserve status of your community is a strong asset to your individual property value.  It is our hope that you will walk away from this meeting with:

 

• a complete understanding of how the analysis is carried out,
• what priorities guide decision-making,
• what guide-posts are established and why they’re important,
• what good looks like in terms of the overall picture,
• what warning signs to look for in a planning horizon that spans a very long time.

 
A simple agenda will follow with Zoom information, but it is our sincere hope that you’ll be able to make it to the meeting room in-person.  We will present a lot of information and there will be plenty of time for questions and comments.
 
We will look forward to seeing you there.