Did You Know – October 2023

Randy Kohout
Secretary – Single Family Director
Honey Bee Canyon Estates

  1. The Reserve Study is the art and science of anticipating, and preparing for, the VCA’s major common area repair and replacement expenses. Partially art, because we are making projections about the future.  Partially science, because the study is a combination of research and well-defined computations, following consistent National Reserve Study Standard Principles.
  2. The VCA has responsibility to maintain functional drainage in the Common Areas.  Current erosion mitigation projects are in the planning phase for the Big View Ct. Channel, 27 Mile Wash and Bridal Veil drainage. These are major projects funded from Association Reserve Funds.
  3. The VCA Reserve Fund is 60.6 % Funded. This means the Reserve Fund status is Fair, and the VCA’s risk of special assessments & deferred maintenance is currently Medium.
  4. Members can access the VCA Financials, Reserve Study and Budgets under the Your VCA Tab on the Home Page of the VCA Website.