Blog
Short, sourced notes for Colorado boards and managers on getting the reserve study and the policy behind it right.
Can Colorado owners veto a budget that raises reserve contributions?
Yes, in principle. Under CCIOA the board adopts a proposed budget and holds a meeting where owners can veto it, but unless a majority of owners, or a higher share set by the declaration, vote it down, the budget stands. A clear reserve study makes a veto far less likely.
After a hail claim, what should a Colorado board change in its reserve study?
When insurance replaces roofs, the roofs restart at a full useful life, so the study should reset their ages, move the next replacement out and lower the contribution it asks for. Partial repairs and unrepaired bruising call for a condition check instead.
Get a quote
Three short steps: the ZIP code of the community, how to reach you, then a few taps about the association.
Colorado Reserve Studies introduces; it does not prepare studies. One firm active near your community gets picked, you learn its name, and the request travels only after your yes.
Request received.
- Within one business day you will get, by email or phone, the name of a reserve study firm that covers your part of Colorado.
- Approve that firm and your request goes to it. Turn it down and the request ends with us.
- The firm scopes the study with you and quotes its fee. We will not add you to any mailing list.