The Vine - Reserve Fund

Reserve Fund Strength Goal

$... (Verified) Goal: $...

--% Funded

Verified Status: ... Target Date: Dec 31, 2026

Total cash reserves on the balance sheet stand at $..., of which $... are insurance settlement funds. Interfund debt tracking at $....

Funding Update: The reserve fund is currently rebuilding as planned. This temporary dip is primarily due to paying our insurance premiums upfront. This strategic decision avoided the need for financing, which saved 12–18% in overall insurance costs. To rebuild the fund, Operating is steadily transferring over $20,150 per month (combined contribution and repayment), with a projected year-end finish of $....

2026 Approved Funding Plan

+$...

Interfund Repayment $...

Reserve Contribution $...

2026 Transaction Details & Explanations

January: Interest Income
The $61.02 listed under "Other/Int." reflects interest earned on the reserve funds for the month.
February: Interest & Working Capital
The $1,212.61 listed under "Other/Int." includes interest earned, as well as a working capital contribution assessed to new owners upon purchasing their units.
April: Submetering & Plumbing Maintenance
Due to theft in the pool pump room, we spent $8,695.24 to replace the stolen water submetering equipment and install new transceivers in most units. Additionally, the $22,836.17 project to replace external sewer caps at 7 units has been completed; we upgraded to heavy-duty, traffic-rated caps to prevent them from lodging deep in the pipes like the old ones did.
May: Insurance Premiums, Building Cleaning ($38,699.38) & Landscaping Enhancements ($23,270.04)
We are borrowing funds ($106,023.11) to pay the 2026-2027 insurance premiums upfront. This amount will be paid back into the reserves monthly at a rate of $11,817.00 for nine months. The amount is slightly offset by interest ($64.39) and working capital contributions ($1,150) assessed to new owners upon purchasing their units.
July: Fence Upgrades ($3,927.00)
This was a draw payment for repairing and repainting the wooden fencing and gas meter privacy fence at the property.
August: Working Capital & Deferred Maintenance
We collected $2,300 in working capital contributions and earned $35.59 in interest within the core reserve account. Note: The scheduled fence completion and vertical control joints have been moved to October.
October: Building Maintenance, Fence Completion & Roof Maintenance ($46,113.00)
Scheduled painting of the parapet caps ($30,000). Additionally, repairs to the vertical control joints ($12,900) and the remaining balance for the fence repair project ($3,213) have been deferred to this month.

YEAR	TOTAL CONTRIB.	PROJ. EXPENSES	EOY BAL.	% FUNDED
2027 Est	$104,000	$116,390	$148,850	41.5%
2028 Est	$108,160	$0	$257,010	79.1%
2029 Est	$112,486	$35,732	$333,764	81.4%
2030 Est	$116,986	$3,377	$447,373	96.1%
2031 Est	$121,665	$263,162	$305,877	54.8%

5-Year Strategic Outlook & Notes

Planned 4% Annual Growth:
The funding plan incorporates a predictable 4% year-over-year increase in reserve contributions to build necessary liquidity and comply with incoming 15% Fannie Mae and Freddie Mac lending requirements.
Strategic Interfund Borrowing:
The plan assumes continued use of reserve cash to front-load annual insurance premiums to avoid high financing costs, with full repayment scheduled within each fiscal year.
Meeting 2031 Capital Outflows:
The primary objective of this funding schedule is to build the reserve balance to an estimated 96.1% funded status by the end of 2030. This ensures the Association has the necessary cash on hand to fully absorb the anticipated $263,162 capital replacement cycle in 2031 without requiring a special assessment.

Reserve Fund Performance

2026 Transaction Details & Explanations

5-Year Strategic Outlook & Notes