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TRANSCRIPT
"Full" Capital Funding Plan
Sample Country ClubAnywhere, CA
Report #:For Period Beginning:
Expires:
Date Prepared:
4-0January 1, 2019December 31, 2019
May 16, 2018
T
W
Hello, and welcome to your Capital Plan!
his Report is a valuable budget planning tool,for with it you control the future of your
property. It contains all the fundamentalinformation needed to understand your currentand future obligations, some of the mostsignificant expenses that ownership will face.
ith respect to Reserves, this Report will tellyou "where you are," and "where to go from
here."
In this Report, you will find...
1) A List of What you're Reserving For
2) An Evaluation of your Reserve Fund Sizeand Strength
3) A Recommended Multi-Year ReserveFunding Plan
More Questions?
Visit our website at www.ReserveStudy.com or callus at:
909-906-1025
Table of Contents
3-Minute Executive Summary 1
Reserve Study Summary 1
Reserve Component List 2
Introduction, Objectives, and Methodology 6
Which Physical Assets are Funded by Capital Funds? 7
How do we establish Useful Life and Remaining Useful Life estimates? 7
How do we establish Current Repair/Replacement Cost Estimates? 7
How much money is enough? 8
How much should we contribute? 9
What is our Recommended Funding Goal? 9
Projected Expenses 11
Annual Reserve Expense Graph 11
Reserve Fund Status & Recommended Funding Plan 12
Annual Reserve Funding Graph 12
30-Yr Cash Flow Graph 13
Percent Funded Graph 13
Table Descriptions 14
Budget Summary 15
Executive Summary (Component List) 16
Fully Funded Balance 20
Accounting Tax Summary 24
30-Year Reserve Plan Summary 29
30-Year Income/Expense Detail 30
Accuracy, Limitations, and Disclosures 48
Terms and Definitions 49
Component Details 50
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$2,900,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$8,152,344
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$5,252,344
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35.6 %
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$135,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$107,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1.00 %
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.00 %
3- Minute Executive Summary
Property: Sample Country Club Property #: 4-0Location: Anywhere, CA # of Units:1Report Period: January 1, 2019 through December 31, 2019
Projected Starting Reserve BalanceFully Funded BalanceAverage Reserve Deficit (Surplus) Per UnitPercent FundedRecommended 2019 Monthly Reserve ContributionsAlternate minimum contributions to keep Reserve above $0
Reserves % Funded: 35.6%
Special Assessment Risk:
30% 70% 130%
High Medium Low
Economic Assumptions:Net Annual "After Tax" Interest Earnings Accruing to ReservesAnnual Inflation Rate
This is an "Full" Capital Plan, (original, created “from scratch”), based on our siteinspection on 4/9/2018.
This Reserve Study was prepared by a credentialed Reserve Specialist (RS #294).
Because your Reserve Fund is between the 30%-70% range at 35.6 % Funded, this meansyou have a Medium exposure to the risk of special assessments or deferred maintenance.In perspective, organizations below 30% funded are at a high risk of special assessmentsor other cash flow problems. Your multi-year Funding Plan is designed to gradually bringyou to the 100% level, or “Fully Funded”.
Based on this starting point, your anticipated future expenses, and your historicalReserve contribution rate, our recommendation is to increase your Reserve contributions.
Association Reserves, 4-0 5/16/20181
4-0Executive Summary
# Component Useful Life (yrs)Rem. Useful
Life (yrs)Current Average
Cost
General Site & Grounds
103 Concrete Surfaces - Repair 1 0 $10,000
201 Asphalt - Resurface 30 20 $300,000
202 Asphalt - Seal/Repair 4 2 $17,500
206 Concrete Pavers - Replace 25 15 $70,000
414 Flag Pole - Replace 30 20 $2,000
501 Perimeter Block Walls - Repair 1 0 $14,500
503 Metal Railing - Replace 25 15 $40,000
713 Trash Enclosures - Replace 20 10 $4,000
802 Pole Lights - Replace 20 10 $24,000
804 Bollard Lights - Replace 20 10 $20,000
1107 Metal Railing - Repaint 5 2 $11,000
1114 Perimeter Block Walls - Repaint 5 0 $32,500
1402 Monument Signs - Replace 20 10 $8,000
Clubhouse
303 Evaporative Coolers - Replace 15 5 $18,000
303 HVAC Systems - Replace 15 5 $210,000
305 Security System - Replace 10 2 $30,000
306 Exhaust Fans - Repair/Replace 20 10 $36,000
329 Fire Alarm System - Replace 25 15 $25,000
331 Water Heater - Replace 15 5 $14,500
405 Mist System - Replace 15 5 $35,000
411 Drinking Fountains - Replace 20 10 $2,400
601 Carpet - Replace 10 0 $45,000
606 Vinyl Flooring - Replace 10 0 $14,000
610 Tile Floor - Replace 30 20 $210,000
717 Exterior Windows & Doors - Replace 35 25 $350,000
805 Exterior Lights - Replace 20 10 $3,750
902 Furniture - Partial Replace (Ext) 2 1 $20,000
902 Furniture - Partial Replace (Int) 2 1 $30,000
902 Furniture - Replace (Main DiningRm) 12 2 $100,000
902 Furniture/Equip - Replace (Admin) 10 0 $12,500
903 Commercial Dishwasher - Replace 25 15 $62,500
903 Kitchen Equip - Replace 1 0 $17,500
908 Window Treatments - Replace 10 2 $55,000
909 Restrooms/Locker rooms - Refurbish 15 5 $145,000
910 Bar - Remodel 15 5 $70,000
910 Golf Pro Shop - Remodel 15 5 $100,000
928 A/V Equipment - Replace/Upgrade 2 1 $10,700
929 Ice Machine - Replace 8 2 $7,500
1110 Interior Surfaces - Paint 10 0 $23,850
1141 Building Exterior - Paint 10 0 $62,500
1301 Roof (Flat) - Replace 15 5 $24,500
1304 Roof (Tile) - Replace underlayment 25 15 $99,000
2550 Telephone System - Replace 20 10 $45,000
2620 Point of Sale System - Replace 8 1 $44,500
Association Reserves, 4-0 5/16/20182
# Component Useful Life (yrs)Rem. Useful
Life (yrs)Current Average
Cost
Golf Course
909 Restrooms - Refurbish 15 5 $45,000
1020 Aeration Systems - Replace 25 4 $125,000
1115 Cart Path Tunnels - Repaint 10 8 $8,000
1115 Pump House Exterior - Repaint 10 8 $5,700
1301 Roof (Pump House) - Replace 20 10 $6,150
1402 Monuments/Signage/Rocks - Replace 30 20 $40,000
1701 Bridges - Replace 20 10 $93,000
3002 Putting Greens - Refurbish 20 10 $720,000
3004 Tee Boxes - Refurbish/Redesign 20 10 $604,000
3005 Driving Range - Refurbish 10 6 $50,000
3006 Sand Bunkers - Renovate 10 0 $825,000
3007 Fairways/Drainage - Repair 1 0 $50,000
4021 Lakes - Refurbish 20 10 $1,650,000
4051 Ice Machines - Replace 10 4 $17,500
4203 Picker & Cart - Replace 6 2 $15,500
4205 Range Ball Dispenser - Replace 7 6 $9,800
4210 Rental Clubs - Replace 5 2 $10,500
4301 Cart Fleet - Replace 3 2 $220,500
Maintenance Yard
205 Concrete Driveway/Lot - Repair 20 10 $100,000
209 Concrete Floors (garage) - Recoat 8 0 $11,050
303 Evaporative Cooler (Maint Bldg) - A 15 5 $3,500
303 Evaporative Cooler (Maint Bldg) - B 15 5 $3,500
303 Evaporative Cooler (Storage) - Repl 15 5 $3,500
303 Rooftop Package Systems - Replace 15 5 $21,000
305 Security Camera System - Replace 8 1 $9,250
306 Exhaust Fans - Replace 25 15 $8,000
329 Fire Alarm System - Replace 25 15 $25,000
331 Water Heater - Replace A 15 5 $2,500
331 Water Heater - Replace B 15 5 $1,150
502 Chain Link Fence - Replace 35 25 $3,600
601 Carpet - Replace 10 0 $5,000
606 Vinyl Flooring - Replace 15 0 $25,500
705 Gate Operator - Replace 10 3 $3,500
717 Exterior Doors & Windows - Replace 35 25 $60,000
720 Metal Gates/Pole Lights - Replace 30 20 $56,000
850 Air Compressor - Replace 20 10 $5,500
902 Furniture - Partial Replace (Int) 2 0 $11,750
903 Appliances - Replace 10 1 $9,200
904 Kitchen/Office Millwork - Remodel 25 15 $27,500
907 Acoustic Ceiling Tiles - Replace 35 25 $16,250
908 Window Treatments - Replace 10 2 $4,000
909 Restrooms/Locker Rooms - Refurbish 15 0 $60,000
1110 Interior Surfaces - Repaint 10 0 $14,250
1114 Perimeter Block Walls - Repaint 10 0 $14,100
1115 Building Exteriors - Repaint 10 0 $13,900
1301 Flat Roof - Replace 20 10 $68,000
1309 Metal Roof (carport) - Replace 30 20 $26,000
Association Reserves, 4-0 5/16/20183
# Component Useful Life (yrs)Rem. Useful
Life (yrs)Current Average
Cost
1311 Skylights - Replace 30 20 $16,200
1330 Roof Access Hatch - Replace 30 20 $1,750
1818 Fuel Tank System - Replace 15 5 $9,800
1900 Vehicle Lifts - Replace 25 15 $22,500
Maintenance Equipment
3101 Aerator - Replace A 12 2 $18,000
3101 Aerators - Replace B 12 3 $46,000
3101 Aerators - Replace C 12 9 $69,000
3101 Water Injector- Replace 12 0 $18,000
3102 Backhoe Loader - Replace 12 11 $99,000
3104 Blowers - Replace 5 1 $21,450
3108 Compressor - Replace 15 5 $7,250
3109 Accu-Pro Reel Grinder - Replace 10 1 $52,250
3109 Anglemaster Bedknife Grinder 10 9 $27,000
3109 Express Dual Reel Grinder 10 9 $27,000
3119 Gator Vehicles - Replace 8 0 $104,000
3119 John Deere ProGators - Replace 10 2 $30,000
3121 GMC Sierra Truck - Replace 10 6 $24,500
3122 Ford Dump Truck - Replace 15 8 $40,000
3123 Carryall Utility Carts - Replace 12 2 $45,625
3123 EZ-Go Utility Carts - Replace 12 3 $22,500
3124 Workman Utility Vehicles (2012) 10 3 $122,500
3124 Workman Utility Vehicles (2013) 10 4 $70,000
3124 Workman Utility Vehicles (2014) 10 5 $52,500
3124 Workman Utility Vehicles (2015) 10 6 $17,500
3124 Workman Utility Vehicles (2016) 10 7 $140,000
3125 T-Mag Trucks - Replace 7 0 $36,500
3127 Turf Sprayers - Replace (2016) 10 9 $138,000
3128 Top Dresser - Replace (2014) 6 1 $17,500
3128 Top Dresser - Replace (2016) 6 3 $17,500
3129 Sand Rakers - Replace (2011) 8 0 $30,000
3129 Sand Rakers - Replace (2015) 8 4 $45,000
3130 Greensmasters 3150D 8 0 $81,000
3130 Greensmasters 3250D 8 0 $81,000
3130 Greensmasters 3300 TriFlex (2012) 8 1 $162,000
3130 Greensmasters 3300 TriFlex (2013) 8 2 $81,000
3130 Greensmasters 3300 TriFlex (2014) 8 3 $162,000
3130 Greensmasters 3300 TriFlex (2015) 8 4 $283,500
3130 Greensmasters 3300 TriFlex (2016) 8 5 $162,000
3130 Greensmasters Flex 21 8 3 $25,000
3130 Greensmasters Flex 2100 8 5 $25,000
3130 Groundsmasters 4700-D (A) 8 7 $304,000
3130 Groundsmasters 4700-D (B) 8 7 $304,000
3130 Reelmasters 3100-D (2011) 8 0 $81,000
3130 Reelmasters 3100-D (2013) 8 2 $40,500
3130 Reelmasters 3100-D (2015) 8 4 $81,000
3130 Reelmasters 4000-D 8 0 $40,500
3130 Reelmasters 5010-H 8 6 $162,000
3130 Reelmasters 7000-D (2013) 8 2 $40,500
3130 Reelmasters 7000-D (2017) 8 6 $121,500Association Reserves, 4-0 5/16/20184
# Component Useful Life (yrs)Rem. Useful
Life (yrs)Current Average
Cost
3131 Spreaders - Replace 15 7 $27,750
3132 Speed Roller - Replace 12 6 $13,500
3133 Seeder - Replace 12 5 $9,750
3135 Sweeper (Tennant) - Replace (2016) 8 5 $33,600
3135 Sweeper (Toro) - Replace (2013) 8 2 $33,600
3135 Sweeper (Toro) - Replace (2017) 8 6 $33,600
3137 Tire Changer - Replace 15 15 $7,400
3140 Tractor - Replace (2006) 15 2 $34,400
3140 Tractor - Replace (2007) 15 3 $34,400
3140 Tractor - Replace (2009) 15 5 $34,400
3140 Tractor - Replace (2011) 15 7 $34,400
3140 Tractor - Replace (2012) 15 8 $34,400
3140 Tractor - Replace (2016) 15 12 $34,400
3140 Tractor - Replace (2018) 15 14 $34,400
3140 Tractors - Replace (2010) 15 6 $68,800
3142 Forklift - Replace (2018) 15 14 $46,500
3145 Gearemore Trailer - Replace (2010) 15 6 $9,000
3145 Gearmore Trailers - Replace (2012) 15 8 $18,000
3145 Trailer - Replace (2009) 15 5 $9,000
3145 Trailer - Replace (2013) 15 9 $9,000
3172 Flail - Replace 10 3 $23,000
Irrigation
825 Weather Station - Replace 10 2 $18,300
912 Irrigation Computer - Replace 5 $550
1003 Irrigation Controllers - Replace 12 2 $155,000
1004 Irrigation Interface Modules - Repl 12 2 $12,500
1006 Irrigation Pumps/Cont (Golf)- Repla 20 10 $450,000
1006 Irrigation Pumps/Cont (MY)- Repla 20 10 $750,000
1007 Irrigation Systems - Repair 4 2 $70,000
1007 Irrigation Systems - Replace 25 15 $1,600,000
1075 Reservoir - Reline 15 9 $430,000
1080 Well (#1) - Refurbish 10 2 $58,000
1080 Well (#2) - Refurbish 10 4 $63,000
172 Total Funded Components
Note 1: Yellow highlighted line items are expected to require attention in this intial year.
Association Reserves, 4-0 5/16/20185
Introduction
A Capital Plan is the art and science of anticipating, andpreparing for, a property major predictable repair andreplacement expenses. Partially art, because in this field weare making projections about the future. Partially science,because our work is a combination of research and well-defined computations, following consistent National ReserveStudy Standard principles.
The foundation of this and every Capital Plan is yourComponent List (what you are reserving for). This isbecause the Component List defines the scope andschedule of all your anticipated upcoming major,predictable capital projects. Based on that List andyour starting balance, we calculate the propertyCapital Fund Strength (reported in terms of "PercentFunded"). Then we compute a Funding Plan to providefor the needs of the property. These form the threeresults of your Capital Plan.
Capital contributions are not “for the future”. Capital contributions aredesigned to offset the ongoing, daily deterioration of your Capital assets.Done well, a stable, budgeted Capital Funding Plan will collect sufficientfunds from the owners who enjoyed the use of those assets, so the propertyis financially prepared for the irregular expenditures scattered through futureyears when those projects eventually require replacement.
Methodology
For this Capital Plan, we started with a review ofownership bounderies, as detailed by property,recent Capital expenditures, an evaluation of howexpenditures are handled (ongoing maintenancevs Capital), and research into any well-established historical precedents. We performed
an on-site inspection to quantify and evaluate your major predictable,creating your Reserve Component List from scratch.
Association Reserves, 4-0 5/16/20186
Which Physical Assets are Funded by Reserves?
There is a national-standard four-part test to determinewhich expenses should appear in your Component List.First, it must be a maintenance responsibility. Second, thecomponent must have a limited life. Third, the remaininglife must be predictable (or it by definition is a surprisewhich cannot be accurately anticipated). Fourth, thecomponent must be above a minimum threshold cost (oftenbetween .5% and 1% of an property total budget). Thislimits Capital Components to major, predictable expenses.Within this framework, it is inappropriate to include l i fetime components,unpredictable expenses (such as damage due to fire, flood, or earthquake),and expenses more appropriately handled from the Operational Budget or asan insured loss.
How do we establish Useful Life and Remaining Useful Life estimates?
1) Visual Inspection (observed wear and age)2) Property Reserves database of experience3) Property History (install dates & previous life cycle information)4) Vendor Evaluation and Recommendation
How do we establish Current Repair/Replacement Cost Estimates?
In this order...
1) Actual property cost history, or current proposals2) Comparison to Property Reserves database of work done at similar
properties3) Vendor Recommendations4) Reliable National Industry cost estimating guidebooks
Association Reserves, 4-0 5/16/20187
How much Reserves are enough?
Capital Fund adequacy is not measured in cash terms. Capital Fundadequacy is found when the amount of current Capital cash is compared toCapital asset component deterioration (the needs of the property). Havingenough means the property can execute its projects in a timely manner withexisting Capital funds. Not having enough typically creates deferredmaintenance or special funding needs.
Adequacy is measured in a two-step process:
1) Calculate the value of deterioration at theproperty (called Fully Funded Balance, orFFB).
2) Compare that to the Capital FundBalance, and express as a percentage.
Each year, the value of deterioration at theproperty changes. When there is moredeterioration (as components approach the time they need to be replaced),there should be more cash to offset that deterioration and prepare for theexpenditure. Conversely, the value of deterioration shrinks after projects areaccomplished. The value of deterioration (the FFB) changes each year, and isa moving but predictable target.
There is a high risk of special funding needs and deferred maintenance whenthe Percent Funded is weak, below 30%. Approximately 30% of all propertiesare in this high risk range. While the 100% point is Ideal (indicating Reservecash is equal to the value of deterioration), a Reserve Fund in the 70% -130% range is considered strong (low risk of special funding needs).
Measuring your Capital Funds by Percent Funded tells how well preparedyour property is for upcoming Reserve expenses. Those charged withmaintaining the physical property should be very aware of this importantfigure!
Association Reserves, 4-0 5/16/20188
How much should we contribute?
According to National Reserve Study Standards, thereare four Funding Principles to balance in developingyour Reserve Funding Plan. Our first objective is todesign a plan that provides you with sufficient cash toperform your Reserve projects on time. Second, a stablecontribution is desirable because it keeps these naturallyirregular expenses from unsettling the budget.
Reserve contributions that are evenly distributed overcurrent and future owners enable each owner to pay their fair share of theproperty's Reserve expenses over the years. And finally, we develop a planthat is fiscally responsible and safe for Boardmembers to recommend to theirproperty. Remember, it is the Board's job to provide for the ongoing care ofthe real property that supports your entity mission.
What is our Recommended Funding Goal?
Maintaining the Reserve Fund at a level equal to thevalue of deterioration is called "Full Funding" (100%Funded). As each asset ages and becomes "used up,"the Reserve Fund grows proportionally. This is simple,responsible, and our recommendation. Evidenceshows that properties in the 70 - 130% range enjoy a lowrisk of special funding needs or deferred maintenance.
Allowing the Reserves to fall close to zero, but not below zero, is calledBaseline Funding. Doing so allows the Reserve Fund to drop into the 0 - 30%range, where there is a high risk of special funding needs & deferredmaintenance. Since Baseline Funding still provides for the timely executionof all Reserve projects, and only the "margin of safety" is different, BaselineFunding contributions average only 10% - 15% less than Full Fundingcontributions. Threshold Funding is the title of all other Cash or PercentFunded objectives between Baseline Funding and Full Funding.
Association Reserves, 4-0 5/16/20189
Site Inspection Notes
During our site visit on 4/9/2018, we started with a brief meeting with theGeneral Manager, and then started the site inspection beginning with theclubhouse. We visually inspected all common areas of the country club.
Association Reserves, 4-0 5/16/201810
Projected Expenses
While this Reserve Study looks forward 30 years, we have no expectationthat all these expenses will all take place as anticipated. This Reserve Studyneeds to be updated annually because we expect the timing of theseexpenses to shift and the size of these expenses to change. We do feel morecertain of the timing and cost of near-term expenses than expenses manyyears away.
The figure below summarizes the projected future expenses at your club asdefined by your Reserve Component List. A summary of these componentsare shown in the Component Details table, while a summary of the expensesthemselves are shown in the 30-yr Summary table.
Figure 1
Association Reserves, 4-0 5/16/201811
Reserve Fund Status
The starting point for our financial analysis is your Reserve Fund balance,projected to be $2,900,000 as-of the start of your Fiscal Year on 1/1/2019.This is based on your actual balance on 3/31/2018 of $2,000,000 andanticipated Reserve contributions and expenses projected through the end ofyour Fiscal Year. As of your Fiscal Year Start, your Fully Funded Balance iscomputed to be $8,152,344. This figure represents the deteriorated value ofyour common area components. Comparing your Reserve Balance to yourFully Funded Balance indicates your Reserves are 35.6 % Funded.
Recommended Funding Plan
Based on your current Percent Funded and your near-term and long-termReserve needs, we are recommending budgeted contributions of $135,000per month this Fiscal Year. The overall 30-yr plan, in perspective, is shownbelow. This same information is shown numerically in both the 30-yrSummary and the Cash Flow Detail tables.
Figure 2
Association Reserves, 4-0 5/16/201812
The following chart shows your Reserve balance under our recommendedFull Funding Plan and at your current budgeted contribution rate, comparedto your always-changing Fully Funded Balance target.
Figure 3
This figure shows the same information plotted on a Percent Funded scale. Itis clear here to see how your Reserve Fund strength approaches the 100%Funded level under our recommended multi-yr Funding Plan.
Figure 4
Association Reserves, 4-0 5/16/201813
Table Descriptions
The tabular information in this Report is broken down into nine tables, not allwhich may have been chosen by your Project Manager to appear in yourreport. Tables are listed in the order in which they appear in your Report.
Executive Summary is a summary of your Reserve Components
Budget Summary is a management and accounting tool, summarizinggroupings of your Reserve Components.
Analysis Summary provides a summary of the starting financial informationand your Project Manager’s Financial Analysis decision points.
Reserve Component List Detail discloses key Component information,providing the foundation upon which the financial analysis is performed.
Fully Funded Balance shows the calculation of the Fully Funded Balance foreach of your components, and their contributions to the property total. Foreach component, the Fully Funded Balance is the fraction of life used upmultiplied by its estimated Current Replacement Cost.
Component Significance shows the relative significance of each componentto Reserve funding needs of the your property, helping you see whichcomponents have more (or less) influence than others on your total Reservecontribution rate. The deterioration cost/yr of each component is calculatedby dividing the estimated Current Replacement Cost by its Useful Life, thenthat component’s percentage of the total is displayed.
Accounting-Tax Summary provides information on each Component’sproportionate portion of key totals, valuable to accounting professionalsprimarily during tax preparation time of year.
30-Yr Reserve Plan Summary provides a one-page 30-year summary of thecash flowing into and out of the Reserve Fund, with a display of the FullyFunded Balance, Percent Funded, and special funding needs risk at thebeginning of each year.
30-Year Income/Expense Detail shows the detailed income and expenses foreach of the next 30 years. This table makes it possible to see whichcomponents are projected to require repair or replacement in a particularyear, and the size of those individual expenses.
Association Reserves, 4-0 5/16/201814
4-0Full
Max Max
30 20 $553,500 $57,000 $72,350 $245,017 $481,150 $68,481
35 25 $1,923,700 $175,350 $401,596 $1,101,104 $1,522,104 $195,94730 20 $4,495,650 $875,000 $965,133 $2,684,682 $3,530,517 $478,498
35 25 $662,750 $155,550 $175,124 $383,621 $487,626 $51,337
15 15 $4,159,375 $472,000 $1,049,624 $2,051,947 $3,109,751 $578,286
25 15 $3,607,350 $550 $236,173 $1,685,973 $3,371,177 $247,451$15,402,325 1,735,450 2,900,000 8,152,344 12,502,325 1,620,000
%35.6
Budget Summary
Useful Life2019 Rem. Useful
Life
EstimatedReplacement Cost in 2019
2019Expenditures
01/01/2019Current Fund
Balance
01/01/2019Fully Funded
Balance
RemainingBal. to beFunded
2019Contributions
Min MinGeneral Site &
Grounds1 0
Clubhouse 1 0Golf Course 1 0Maintenance
Yard2 0
MaintenanceEquipment
5 0
Irrigation 4 0$ $ $ $ $
Percent Funded:
Association Reserves, 4-0 5/16/201815
4-0FullReserve Component List Detail
Rem. Current Cost Estimate
# Component Quantity Useful Life Useful Life Best CaseWorstCase
General Site & Grounds
103 Concrete Surfaces - Repair Extensive GSF 1 0 $8,000 $12,000
201 Asphalt - Resurface Approx 100,000 GSF 30 20 $250,000 $350,000
202 Asphalt - Seal/Repair Approx 100,000 GSF 4 2 $15,000 $20,000
206 Concrete Pavers - Replace Approx 4,000 GSF 25 15 $60,000 $80,000
414 Flag Pole - Replace (1) Flag Pole 30 20 $1,500 $2,500
501 Perimeter Block Walls - Repair Approx 8750 LF 1 0 $13,000 $16,000
503 Metal Railing - Replace Approx 1,000 LF 25 15 $35,000 $45,000
713 Trash Enclosures - Replace (2) Enclosures 20 10 $3,000 $5,000
802 Pole Lights - Replace (20) Poles/Fixtures 20 10 $20,000 $28,000
804 Bollard Lights - Replace (20) Fixtures 20 10 $18,000 $22,000
1107 Metal Railing - Repaint Approx 1,000 LF 5 2 $10,000 $12,000
1114 Perimeter Block Walls - Repaint Approx 65000 GSF 5 0 $29,000 $36,000
1402 Monument Signs - Replace (2) Signs 20 10 $6,000 $10,000
Clubhouse
303 Evaporative Coolers - Replace (4) Systems 15 5 $16,000 $20,000
303 HVAC Systems - Replace (12) Units 15 5 $180,000 $240,000
305 Security System - Replace (1) System 10 2 $25,000 $35,000
306 Exhaust Fans - Repair/Replace (9) Fans 20 10 $31,500 $40,500
329 Fire Alarm System - Replace (1) System 25 15 $20,000 $30,000
331 Water Heater - Replace (1) Heater 15 5 $13,500 $15,500
405 Mist System - Replace (1) System 15 5 $30,000 $40,000
411 Drinking Fountains - Replace (2) Fountains 20 10 $2,000 $2,800
601 Carpet - Replace Approx 1,000 GSY 10 0 $40,000 $50,000
606 Vinyl Flooring - Replace Approx 800 GSF 10 0 $13,000 $15,000
610 Tile Floor - Replace Approx 10,000 GSF 30 20 $180,000 $240,000
717 Exterior Windows & Doors - Replace (1) Clubhouse 35 25 $330,000 $370,000
805 Exterior Lights - Replace (30) Fixtures 20 10 $3,000 $4,500
902 Furniture - Partial Replace (Ext) Assorted Pieces 2 1 $18,000 $22,000
902 Furniture - Partial Replace (Int) Assorted Pieces 2 1 $26,000 $34,000
902 Furniture - Replace (Main DiningRm) (449) Assorted Pieces 12 2 $80,000 $120,000
902 Furniture/Equip - Replace (Admin) Assorted Pieces 10 0 $10,000 $15,000
903 Commercial Dishwasher - Replace (1) 17.7K Capacity 25 15 $55,000 $70,000
903 Kitchen Equip - Replace Assorted Pieces 1 0 $15,000 $20,000
908 Window Treatments - Replace (85) Treatments 10 2 $50,000 $60,000
909 Restrooms/Locker rooms - Refurbish (8) Assorted Rooms 15 5 $115,000 $175,000
910 Bar - Remodel Built-In Millwork/Decor 15 5 $60,000 $80,000
910 Golf Pro Shop - Remodel Built-In Millwork 15 5 $80,000 $120,000
928 A/V Equipment - Replace/Upgrade (1) System 2 1 $8,800 $12,600
929 Ice Machine - Replace (1) Machine 8 2 $7,000 $8,000
1110 Interior Surfaces - Paint Approx 26,500 GSF 10 0 $21,200 $26,500
1141 Building Exterior - Paint Approx 25,000 GSF 10 0 $56,000 $69,000
1301 Roof (Flat) - Replace Approx 3,500 GSF 15 5 $23,000 $26,000
1304 Roof (Tile) - Replace underlayment Approx 18,000 GSF 25 15 $90,000 $108,000
2550 Telephone System - Replace (1) System 20 10 $40,000 $50,000
Association Reserves, 4-0 5/16/201816
Rem. Current Cost Estimate
# Component Quantity Useful Life Useful Life Best CaseWorstCase
2620 Point of Sale System - Replace (11) Stations 8 1 $39,000 $50,000
Golf Course
909 Restrooms - Refurbish (6) Restrooms 15 5 $40,000 $50,000
1020 Aeration Systems - Replace (10) EP Systems 25 4 $100,000 $150,000
1115 Cart Path Tunnels - Repaint Approx 5350 GSF 10 8 $7,000 $9,000
1115 Pump House Exterior - Repaint Approx 6650 GSF 10 8 $4,700 $6,700
1301 Roof (Pump House) - Replace Approx 615 GSF 20 10 $5,500 $6,800
1402 Monuments/Signage/Rocks - Replace (305) Assorted Fixtures 30 20 $35,000 $45,000
1701 Bridges - Replace (6) Assorted Bridges 20 10 $81,000 $105,000
3002 Putting Greens - Refurbish (18) Greens 20 10 $620,000 $820,000
3004 Tee Boxes - Refurbish/Redesign (18) Holes; (90) Tees 20 10 $554,000 $654,000
3005 Driving Range - Refurbish (1) Driving range 10 6 $45,000 $55,000
3006 Sand Bunkers - Renovate (103) Assorted Bunkers 10 0 $800,000 $850,000
3007 Fairways/Drainage - Repair (18) Holes 1 0 $40,000 $60,000
4021 Lakes - Refurbish (7) lakes 20 10 $1,550,000 $1,750,000
4051 Ice Machines - Replace (2) Manitowac 10 4 $16,000 $19,000
4203 Picker & Cart - Replace (1) EZ-Go 6 2 $15,000 $16,000
4205 Range Ball Dispenser - Replace (1) Automated unit 7 6 $9,600 $10,000
4210 Rental Clubs - Replace (12) Sets 5 2 $9,000 $12,000
4301 Cart Fleet - Replace (49) total carts 3 2 $196,000 $245,000
Maintenance Yard
205 Concrete Driveway/Lot - Repair Approx 74000 GSF 20 10 $89,000 $111,000
209 Concrete Floors (garage) - Recoat Approx 6300 GSF 8 0 $9,500 $12,600
303 Evaporative Cooler (Maint Bldg) - A (1) Phoenix 8800 CFM 15 5 $3,000 $4,000
303 Evaporative Cooler (Maint Bldg) - B (1) Cooler 15 5 $3,000 $4,000
303 Evaporative Cooler (Storage) - Repl (1) SoutherAir System 15 5 $3,000 $4,000
303 Rooftop Package Systems - Replace (2) BDP Systems 15 5 $18,000 $24,000
305 Security Camera System - Replace (1) System 8 1 $8,500 $10,000
306 Exhaust Fans - Replace (2) Fan Systems 25 15 $7,000 $9,000
329 Fire Alarm System - Replace (1) System 25 15 $20,000 $30,000
331 Water Heater - Replace A (1) Bradford White 65 Ga 15 5 $2,000 $3,000
331 Water Heater - Replace B (1) AO Smith Heater 15 5 $1,000 $1,300
502 Chain Link Fence - Replace Approx 170 LF 35 25 $3,100 $4,100
601 Carpet - Replace Approx 111 GSY 10 0 $4,400 $5,600
606 Vinyl Flooring - Replace Approx 2820 GSF 15 0 $23,000 $28,000
705 Gate Operator - Replace (1) Liftmaster slider 10 3 $3,200 $3,800
717 Exterior Doors & Windows - Replace Assorted Fixtures 35 25 $55,000 $65,000
720 Metal Gates/Pole Lights - Replace Assorted Fixtures 30 20 $53,000 $59,000
850 Air Compressor - Replace (1) Challenge Air 7.5 HP 20 10 $5,000 $6,000
902 Furniture - Partial Replace (Int) Assorted Pieces 2 0 $10,500 $13,000
903 Appliances - Replace Assorted Fixtures 10 1 $9,000 $9,400
904 Kitchen/Office Millwork - Remodel Approx 95 LF 25 15 $25,000 $30,000
907 Acoustic Ceiling Tiles - Replace Approx 2500 GSF 35 25 $15,000 $17,500
908 Window Treatments - Replace (8) Treatments 10 2 $3,200 $4,800
909 Restrooms/Locker Rooms - Refurbish (3) Assorted Rooms 15 0 $50,000 $70,000
1110 Interior Surfaces - Repaint Approx 16770 GSF 10 0 $11,700 $16,800
1114 Perimeter Block Walls - Repaint Approx 28200 GSF 10 0 $12,700 $15,500
1115 Building Exteriors - Repaint Approx 11100 GSF 10 0 $11,100 $16,700
Association Reserves, 4-0 5/16/201817
Rem. Current Cost Estimate
# Component Quantity Useful Life Useful Life Best CaseWorstCase
1301 Flat Roof - Replace Approx 9700 GSF 20 10 $63,000 $73,000
1309 Metal Roof (carport) - Replace Approx 1920 GSF 30 20 $23,000 $29,000
1311 Skylights - Replace (18) 2'x8' Skylights 30 20 $14,400 $18,000
1330 Roof Access Hatch - Replace (1) Metal Hatch 30 20 $1,500 $2,000
1818 Fuel Tank System - Replace (1) 2000 Gallon System 15 5 $9,600 $10,000
1900 Vehicle Lifts - Replace (2) Lifts 25 15 $20,000 $25,000
Maintenance Equipment
3101 Aerator - Replace A (1) Redexim Verti-Drain 12 2 $16,000 $20,000
3101 Aerators - Replace B (2) Toros Procore 648 12 3 $40,000 $52,000
3101 Aerators - Replace C (2) AerWays and (1) Toro 12 9 $60,000 $78,000
3101 Water Injector- Replace (1) Toro HydroJect 3010 12 0 $16,000 $20,000
3102 Backhoe Loader - Replace (1) John Deere 310K EP 12 11 $95,000 $103,000
3104 Blowers - Replace (3) Toro Pro Force 5 1 $19,500 $23,400
3108 Compressor - Replace (1) Medium Unit 15 5 $6,500 $8,000
3109 Accu-Pro Reel Grinder - Replace (1) 632 ACCU-Pro 10 1 $45,000 $59,500
3109 Anglemaster Bedknife Grinder (1) Grinder 10 9 $25,000 $29,000
3109 Express Dual Reel Grinder (1) Grinder 10 9 $25,000 $29,000
3119 Gator Vehicles - Replace (8) Gators 8 0 $96,000 $112,000
3119 John Deere ProGators - Replace (3) Utility Carts 10 2 $24,000 $36,000
3121 GMC Sierra Truck - Replace (1) Truck 10 6 $22,000 $27,000
3122 Ford Dump Truck - Replace (1) Dump Truck 15 8 $36,000 $44,000
3123 Carryall Utility Carts - Replace (5) Carryalls 12 2 $43,750 $47,500
3123 EZ-Go Utility Carts - Replace (2) EZGO carts 12 3 $22,000 $23,000
3124 Workman Utility Vehicles (2012) (7) Vehicles 10 3 $105,000 $140,000
3124 Workman Utility Vehicles (2013) (4) Vehicles 10 4 $60,000 $80,000
3124 Workman Utility Vehicles (2014) (3) Vehicles 10 5 $45,000 $60,000
3124 Workman Utility Vehicles (2015) (1) Vehicle 10 6 $15,000 $20,000
3124 Workman Utility Vehicles (2016) (8) Vehicles 10 7 $120,000 $160,000
3125 T-Mag Trucks - Replace (3) Trucks 7 0 $36,000 $37,000
3127 Turf Sprayers - Replace (2016) (2) Toro Multi Pros 10 9 $135,000 $141,000
3128 Top Dresser - Replace (2014) (1) Toro ProPass 200 6 1 $15,000 $20,000
3128 Top Dresser - Replace (2016) (1) Toro MH-400 6 3 $15,000 $20,000
3129 Sand Rakers - Replace (2011) (2) Toro Sand Pros 3040 8 0 $27,000 $33,000
3129 Sand Rakers - Replace (2015) (3) Toro Sand Pros 3040 8 4 $40,500 $49,500
3130 Greensmasters 3150D (2) Mowers 8 0 $70,000 $92,000
3130 Greensmasters 3250D (2) Mowers 8 0 $70,000 $92,000
3130 Greensmasters 3300 TriFlex (2012) (4) Mowers 8 1 $140,000 $184,000
3130 Greensmasters 3300 TriFlex (2013) (2) Mowers 8 2 $70,000 $92,000
3130 Greensmasters 3300 TriFlex (2014) (2) Mowers 8 3 $140,000 $184,000
3130 Greensmasters 3300 TriFlex (2015) (7) Mowers 8 4 $245,000 $322,000
3130 Greensmasters 3300 TriFlex (2016) (4) Mowers 8 5 $140,000 $184,000
3130 Greensmasters Flex 21 (2) Mowers 8 3 $20,000 $30,000
3130 Greensmasters Flex 2100 (2) Mowers 8 5 $20,000 $30,000
3130 Groundsmasters 4700-D (A) (4) Mowers 8 7 $280,000 $328,000
3130 Groundsmasters 4700-D (B) (4) Mowers 8 7 $280,000 $328,000
3130 Reelmasters 3100-D (2011) (2) Mowers 8 0 $70,000 $92,000
3130 Reelmasters 3100-D (2013) (1) Mower 8 2 $35,000 $46,000
3130 Reelmasters 3100-D (2015) (2) Mowers 8 4 $70,000 $92,000
Association Reserves, 4-0 5/16/201818
Rem. Current Cost Estimate
# Component Quantity Useful Life Useful Life Best CaseWorstCase
3130 Reelmasters 4000-D (1) Mower 8 0 $35,000 $46,000
3130 Reelmasters 5010-H (4) Mowers 8 6 $140,000 $184,000
3130 Reelmasters 7000-D (2013) (1) Mower 8 2 $35,000 $46,000
3130 Reelmasters 7000-D (2017) (3) Mowers 8 6 $105,000 $138,000
3131 Spreaders - Replace (3) Lely 15 7 $24,000 $31,500
3132 Speed Roller - Replace (1) Speed Roller 12 6 $12,000 $15,000
3133 Seeder - Replace (1) Land Pride Seeder 12 5 $9,000 $10,500
3135 Sweeper (Tennant) - Replace (2016) (1) Tennant 810 Sweeper 8 5 $30,600 $36,600
3135 Sweeper (Toro) - Replace (2013) (1) Rac 0 Vac Sweeper 8 2 $30,600 $36,600
3135 Sweeper (Toro) - Replace (2017) (1) Rac 0 Vac Sweeper 8 6 $30,600 $36,600
3137 Tire Changer - Replace (1) unit 15 15 $6,400 $8,400
3140 Tractor - Replace (2006) (1) Kubota M4900 15 2 $30,000 $38,800
3140 Tractor - Replace (2007) (1) Kubota M4900 15 3 $30,000 $38,800
3140 Tractor - Replace (2009) (1) Kubota M5040 15 5 $30,000 $38,800
3140 Tractor - Replace (2011) (1) Kubota M5040 15 7 $30,000 $38,800
3140 Tractor - Replace (2012) (1) John Deere Utility 15 8 $30,000 $38,800
3140 Tractor - Replace (2016) (1) Kubota M6060 15 12 $30,000 $38,800
3140 Tractor - Replace (2018) (1) John Deere Utility 15 14 $30,000 $38,800
3140 Tractors - Replace (2010) (2) Kubota Tractors 15 6 $60,000 $77,600
3142 Forklift - Replace (2018) (1) Forklift 15 14 $38,000 $55,000
3145 Gearemore Trailer - Replace (2010) (1) Trailer 15 6 $7,500 $10,500
3145 Gearmore Trailers - Replace (2012) (2) Gearmor dump trailers 15 8 $15,000 $21,000
3145 Trailer - Replace (2009) (1) Trailer 15 5 $7,500 $10,500
3145 Trailer - Replace (2013) (1) Trailer 15 9 $7,500 $10,500
3172 Flail - Replace (1) pull-behind flail 10 3 $21,000 $25,000
Irrigation
825 Weather Station - Replace (1) RainBird Station 10 2 $17,300 $19,300
912 Irrigation Computer - Replace (1) RainBird System 5 $525 $575
1003 Irrigation Controllers - Replace (102) Assorted Controller 12 2 $145,000 $165,000
1004 Irrigation Interface Modules - Repl (2) RainBird MIM Systems 12 2 $10,000 $15,000
1006 Irrigation Pumps/Cont (Golf)- Repla (5) Assorted Pumps 20 10 $400,000 $500,000
1006 Irrigation Pumps/Cont (MY)- Repla (8) Assorted Pumps 20 10 $650,000 $850,000
1007 Irrigation Systems - Repair Extensive Systems 4 2 $60,000 $80,000
1007 Irrigation Systems - Replace Extensive Systems 25 15 $1,400,000 $1,800,000
1075 Reservoir - Reline Approx 42,000 GSF 15 9 $400,000 $460,000
1080 Well (#1) - Refurbish (1) Well 10 2 $53,000 $63,000
1080 Well (#2) - Refurbish (1) Well 10 4 $58,000 $68,000
172 Total Funded Components
Association Reserves, 4-0 5/16/201819
4-0FullFully Funded Balance
Current Fully
Cost Effective Useful Funded
# Component Estimate X Age / Life = Balance
General Site & Grounds
103 Concrete Surfaces - Repair $10,000 X 1 / 1 = $10,000
201 Asphalt - Resurface $300,000 X 10 / 30 = $100,000
202 Asphalt - Seal/Repair $17,500 X 2 / 4 = $8,750
206 Concrete Pavers - Replace $70,000 X 10 / 25 = $28,000
414 Flag Pole - Replace $2,000 X 10 / 30 = $667
501 Perimeter Block Walls - Repair $14,500 X 1 / 1 = $14,500
503 Metal Railing - Replace $40,000 X 10 / 25 = $16,000
713 Trash Enclosures - Replace $4,000 X 10 / 20 = $2,000
802 Pole Lights - Replace $24,000 X 10 / 20 = $12,000
804 Bollard Lights - Replace $20,000 X 10 / 20 = $10,000
1107 Metal Railing - Repaint $11,000 X 3 / 5 = $6,600
1114 Perimeter Block Walls - Repaint $32,500 X 5 / 5 = $32,500
1402 Monument Signs - Replace $8,000 X 10 / 20 = $4,000
Clubhouse
303 Evaporative Coolers - Replace $18,000 X 10 / 15 = $12,000
303 HVAC Systems - Replace $210,000 X 10 / 15 = $140,000
305 Security System - Replace $30,000 X 8 / 10 = $24,000
306 Exhaust Fans - Repair/Replace $36,000 X 10 / 20 = $18,000
329 Fire Alarm System - Replace $25,000 X 10 / 25 = $10,000
331 Water Heater - Replace $14,500 X 10 / 15 = $9,667
405 Mist System - Replace $35,000 X 10 / 15 = $23,333
411 Drinking Fountains - Replace $2,400 X 10 / 20 = $1,200
601 Carpet - Replace $45,000 X 10 / 10 = $45,000
606 Vinyl Flooring - Replace $14,000 X 10 / 10 = $14,000
610 Tile Floor - Replace $210,000 X 10 / 30 = $70,000
717 Exterior Windows & Doors - Replace $350,000 X 10 / 35 = $100,000
805 Exterior Lights - Replace $3,750 X 10 / 20 = $1,875
902 Furniture - Partial Replace (Ext) $20,000 X 1 / 2 = $10,000
902 Furniture - Partial Replace (Int) $30,000 X 1 / 2 = $15,000
902 Furniture - Replace (Main DiningRm) $100,000 X 10 / 12 = $83,333
902 Furniture/Equip - Replace (Admin) $12,500 X 10 / 10 = $12,500
903 Commercial Dishwasher - Replace $62,500 X 10 / 25 = $25,000
903 Kitchen Equip - Replace $17,500 X 1 / 1 = $17,500
908 Window Treatments - Replace $55,000 X 8 / 10 = $44,000
909 Restrooms/Locker rooms - Refurbish $145,000 X 10 / 15 = $96,667
910 Bar - Remodel $70,000 X 10 / 15 = $46,667
910 Golf Pro Shop - Remodel $100,000 X 10 / 15 = $66,667
928 A/V Equipment - Replace/Upgrade $10,700 X 1 / 2 = $5,350
929 Ice Machine - Replace $7,500 X 6 / 8 = $5,625
1110 Interior Surfaces - Paint $23,850 X 10 / 10 = $23,850
1141 Building Exterior - Paint $62,500 X 10 / 10 = $62,500
1301 Roof (Flat) - Replace $24,500 X 10 / 15 = $16,333
1304 Roof (Tile) - Replace underlayment $99,000 X 10 / 25 = $39,600
2550 Telephone System - Replace $45,000 X 10 / 20 = $22,500
Association Reserves, 4-0 5/16/201820
Current Fully
Cost Effective Useful Funded
# Component Estimate X Age / Life = Balance
2620 Point of Sale System - Replace $44,500 X 7 / 8 = $38,938
Golf Course
909 Restrooms - Refurbish $45,000 X 10 / 15 = $30,000
1020 Aeration Systems - Replace $125,000 X 21 / 25 = $105,000
1115 Cart Path Tunnels - Repaint $8,000 X 2 / 10 = $1,600
1115 Pump House Exterior - Repaint $5,700 X 2 / 10 = $1,140
1301 Roof (Pump House) - Replace $6,150 X 10 / 20 = $3,075
1402 Monuments/Signage/Rocks - Replace $40,000 X 10 / 30 = $13,333
1701 Bridges - Replace $93,000 X 10 / 20 = $46,500
3002 Putting Greens - Refurbish $720,000 X 10 / 20 = $360,000
3004 Tee Boxes - Refurbish/Redesign $604,000 X 10 / 20 = $302,000
3005 Driving Range - Refurbish $50,000 X 4 / 10 = $20,000
3006 Sand Bunkers - Renovate $825,000 X 10 / 10 = $825,000
3007 Fairways/Drainage - Repair $50,000 X 1 / 1 = $50,000
4021 Lakes - Refurbish $1,650,000 X 10 / 20 = $825,000
4051 Ice Machines - Replace $17,500 X 6 / 10 = $10,500
4203 Picker & Cart - Replace $15,500 X 4 / 6 = $10,333
4205 Range Ball Dispenser - Replace $9,800 X 1 / 7 = $1,400
4210 Rental Clubs - Replace $10,500 X 3 / 5 = $6,300
4301 Cart Fleet - Replace $220,500 X 1 / 3 = $73,500
Maintenance Yard
205 Concrete Driveway/Lot - Repair $100,000 X 10 / 20 = $50,000
209 Concrete Floors (garage) - Recoat $11,050 X 8 / 8 = $11,050
303 Evaporative Cooler (Maint Bldg) - A $3,500 X 10 / 15 = $2,333
303 Evaporative Cooler (Maint Bldg) - B $3,500 X 10 / 15 = $2,333
303 Evaporative Cooler (Storage) - Repl $3,500 X 10 / 15 = $2,333
303 Rooftop Package Systems - Replace $21,000 X 10 / 15 = $14,000
305 Security Camera System - Replace $9,250 X 7 / 8 = $8,094
306 Exhaust Fans - Replace $8,000 X 10 / 25 = $3,200
329 Fire Alarm System - Replace $25,000 X 10 / 25 = $10,000
331 Water Heater - Replace A $2,500 X 10 / 15 = $1,667
331 Water Heater - Replace B $1,150 X 10 / 15 = $767
502 Chain Link Fence - Replace $3,600 X 10 / 35 = $1,029
601 Carpet - Replace $5,000 X 10 / 10 = $5,000
606 Vinyl Flooring - Replace $25,500 X 15 / 15 = $25,500
705 Gate Operator - Replace $3,500 X 7 / 10 = $2,450
717 Exterior Doors & Windows - Replace $60,000 X 10 / 35 = $17,143
720 Metal Gates/Pole Lights - Replace $56,000 X 10 / 30 = $18,667
850 Air Compressor - Replace $5,500 X 10 / 20 = $2,750
902 Furniture - Partial Replace (Int) $11,750 X 2 / 2 = $11,750
903 Appliances - Replace $9,200 X 9 / 10 = $8,280
904 Kitchen/Office Millwork - Remodel $27,500 X 10 / 25 = $11,000
907 Acoustic Ceiling Tiles - Replace $16,250 X 10 / 35 = $4,643
908 Window Treatments - Replace $4,000 X 8 / 10 = $3,200
909 Restrooms/Locker Rooms - Refurbish $60,000 X 15 / 15 = $60,000
1110 Interior Surfaces - Repaint $14,250 X 10 / 10 = $14,250
1114 Perimeter Block Walls - Repaint $14,100 X 10 / 10 = $14,100
1115 Building Exteriors - Repaint $13,900 X 10 / 10 = $13,900
Association Reserves, 4-0 5/16/201821
Current Fully
Cost Effective Useful Funded
# Component Estimate X Age / Life = Balance
1301 Flat Roof - Replace $68,000 X 10 / 20 = $34,000
1309 Metal Roof (carport) - Replace $26,000 X 10 / 30 = $8,667
1311 Skylights - Replace $16,200 X 10 / 30 = $5,400
1330 Roof Access Hatch - Replace $1,750 X 10 / 30 = $583
1818 Fuel Tank System - Replace $9,800 X 10 / 15 = $6,533
1900 Vehicle Lifts - Replace $22,500 X 10 / 25 = $9,000
Maintenance Equipment
3101 Aerator - Replace A $18,000 X 10 / 12 = $15,000
3101 Aerators - Replace B $46,000 X 9 / 12 = $34,500
3101 Aerators - Replace C $69,000 X 3 / 12 = $17,250
3101 Water Injector- Replace $18,000 X 12 / 12 = $18,000
3102 Backhoe Loader - Replace $99,000 X 1 / 12 = $8,250
3104 Blowers - Replace $21,450 X 4 / 5 = $17,160
3108 Compressor - Replace $7,250 X 10 / 15 = $4,833
3109 Accu-Pro Reel Grinder - Replace $52,250 X 9 / 10 = $47,025
3109 Anglemaster Bedknife Grinder $27,000 X 1 / 10 = $2,700
3109 Express Dual Reel Grinder $27,000 X 1 / 10 = $2,700
3119 Gator Vehicles - Replace $104,000 X 8 / 8 = $104,000
3119 John Deere ProGators - Replace $30,000 X 8 / 10 = $24,000
3121 GMC Sierra Truck - Replace $24,500 X 4 / 10 = $9,800
3122 Ford Dump Truck - Replace $40,000 X 7 / 15 = $18,667
3123 Carryall Utility Carts - Replace $45,625 X 10 / 12 = $38,021
3123 EZ-Go Utility Carts - Replace $22,500 X 9 / 12 = $16,875
3124 Workman Utility Vehicles (2012) $122,500 X 7 / 10 = $85,750
3124 Workman Utility Vehicles (2013) $70,000 X 6 / 10 = $42,000
3124 Workman Utility Vehicles (2014) $52,500 X 5 / 10 = $26,250
3124 Workman Utility Vehicles (2015) $17,500 X 4 / 10 = $7,000
3124 Workman Utility Vehicles (2016) $140,000 X 3 / 10 = $42,000
3125 T-Mag Trucks - Replace $36,500 X 7 / 7 = $36,500
3127 Turf Sprayers - Replace (2016) $138,000 X 1 / 10 = $13,800
3128 Top Dresser - Replace (2014) $17,500 X 5 / 6 = $14,583
3128 Top Dresser - Replace (2016) $17,500 X 3 / 6 = $8,750
3129 Sand Rakers - Replace (2011) $30,000 X 8 / 8 = $30,000
3129 Sand Rakers - Replace (2015) $45,000 X 4 / 8 = $22,500
3130 Greensmasters 3150D $81,000 X 8 / 8 = $81,000
3130 Greensmasters 3250D $81,000 X 8 / 8 = $81,000
3130 Greensmasters 3300 TriFlex (2012) $162,000 X 7 / 8 = $141,750
3130 Greensmasters 3300 TriFlex (2013) $81,000 X 6 / 8 = $60,750
3130 Greensmasters 3300 TriFlex (2014) $162,000 X 5 / 8 = $101,250
3130 Greensmasters 3300 TriFlex (2015) $283,500 X 4 / 8 = $141,750
3130 Greensmasters 3300 TriFlex (2016) $162,000 X 3 / 8 = $60,750
3130 Greensmasters Flex 21 $25,000 X 5 / 8 = $15,625
3130 Greensmasters Flex 2100 $25,000 X 3 / 8 = $9,375
3130 Groundsmasters 4700-D (A) $304,000 X 1 / 8 = $38,000
3130 Groundsmasters 4700-D (B) $304,000 X 1 / 8 = $38,000
3130 Reelmasters 3100-D (2011) $81,000 X 8 / 8 = $81,000
3130 Reelmasters 3100-D (2013) $40,500 X 6 / 8 = $30,375
3130 Reelmasters 3100-D (2015) $81,000 X 4 / 8 = $40,500
Association Reserves, 4-0 5/16/201822
Current Fully
Cost Effective Useful Funded
# Component Estimate X Age / Life = Balance
3130 Reelmasters 4000-D $40,500 X 8 / 8 = $40,500
3130 Reelmasters 5010-H $162,000 X 2 / 8 = $40,500
3130 Reelmasters 7000-D (2013) $40,500 X 6 / 8 = $30,375
3130 Reelmasters 7000-D (2017) $121,500 X 2 / 8 = $30,375
3131 Spreaders - Replace $27,750 X 8 / 15 = $14,800
3132 Speed Roller - Replace $13,500 X 6 / 12 = $6,750
3133 Seeder - Replace $9,750 X 7 / 12 = $5,688
3135 Sweeper (Tennant) - Replace (2016) $33,600 X 3 / 8 = $12,600
3135 Sweeper (Toro) - Replace (2013) $33,600 X 6 / 8 = $25,200
3135 Sweeper (Toro) - Replace (2017) $33,600 X 2 / 8 = $8,400
3137 Tire Changer - Replace $7,400 X 0 / 15 = $0
3140 Tractor - Replace (2006) $34,400 X 13 / 15 = $29,813
3140 Tractor - Replace (2007) $34,400 X 12 / 15 = $27,520
3140 Tractor - Replace (2009) $34,400 X 10 / 15 = $22,933
3140 Tractor - Replace (2011) $34,400 X 8 / 15 = $18,347
3140 Tractor - Replace (2012) $34,400 X 7 / 15 = $16,053
3140 Tractor - Replace (2016) $34,400 X 3 / 15 = $6,880
3140 Tractor - Replace (2018) $34,400 X 1 / 15 = $2,293
3140 Tractors - Replace (2010) $68,800 X 9 / 15 = $41,280
3142 Forklift - Replace (2018) $46,500 X 1 / 15 = $3,100
3145 Gearemore Trailer - Replace (2010) $9,000 X 9 / 15 = $5,400
3145 Gearmore Trailers - Replace (2012) $18,000 X 7 / 15 = $8,400
3145 Trailer - Replace (2009) $9,000 X 10 / 15 = $6,000
3145 Trailer - Replace (2013) $9,000 X 6 / 15 = $3,600
3172 Flail - Replace $23,000 X 7 / 10 = $16,100
Irrigation
825 Weather Station - Replace $18,300 X 8 / 10 = $14,640
912 Irrigation Computer - Replace $550 X 5 / 5 = $550
1003 Irrigation Controllers - Replace $155,000 X 10 / 12 = $129,167
1004 Irrigation Interface Modules - Repl $12,500 X 10 / 12 = $10,417
1006 Irrigation Pumps/Cont (Golf)- Repla $450,000 X 10 / 20 = $225,000
1006 Irrigation Pumps/Cont (MY)- Repla $750,000 X 10 / 20 = $375,000
1007 Irrigation Systems - Repair $70,000 X 2 / 4 = $35,000
1007 Irrigation Systems - Replace $1,600,000 X 10 / 25 = $640,000
1075 Reservoir - Reline $430,000 X 6 / 15 = $172,000
1080 Well (#1) - Refurbish $58,000 X 8 / 10 = $46,400
1080 Well (#2) - Refurbish $63,000 X 6 / 10 = $37,800
$8,152,344
Association Reserves, 4-0 5/16/201823
4-0Full
# UL RULCurrent Cost
EstimateFully Funded
Balance
ProportionalReserveContribs
103 1 0 $10,000 $10,000 $1,041
201 30 20 $300,000 $100,000 $1,041
202 4 2 $17,500 $8,750 $455
206 25 15 $70,000 $28,000 $291
414 30 20 $2,000 $667 $7
501 1 0 $14,500 $14,500 $1,509
503 25 15 $40,000 $16,000 $166
713 20 10 $4,000 $2,000 $21
802 20 10 $24,000 $12,000 $125
804 20 10 $20,000 $10,000 $104
1107 5 2 $11,000 $6,600 $229
1114 5 0 $32,500 $32,500 $676
1402 20 10 $8,000 $4,000 $42
303 15 5 $18,000 $12,000 $125
303 15 5 $210,000 $140,000 $1,457
305 10 2 $30,000 $24,000 $312
306 20 10 $36,000 $18,000 $187
329 25 15 $25,000 $10,000 $104
331 15 5 $14,500 $9,667 $101
405 15 5 $35,000 $23,333 $243
411 20 10 $2,400 $1,200 $12
601 10 0 $45,000 $45,000 $468
606 10 0 $14,000 $14,000 $146
610 30 20 $210,000 $70,000 $728
717 35 25 $350,000 $100,000 $1,041
805 20 10 $3,750 $1,875 $20
902 2 1 $20,000 $10,000 $1,041
902 2 1 $30,000 $15,000 $1,561
902 12 2 $100,000 $83,333 $867
902 10 0 $12,500 $12,500 $130
903 25 15 $62,500 $25,000 $260
903 1 0 $17,500 $17,500 $1,821
908 10 2 $55,000 $44,000 $572
909 15 5 $145,000 $96,667 $1,006
910 15 5 $70,000 $46,667 $486
910 15 5 $100,000 $66,667 $694
928 2 1 $10,700 $5,350 $557
929 8 2 $7,500 $5,625 $98
Accounting Tax Summary
Component
General Site & Grounds
Concrete Surfaces - Repair
Asphalt - Resurface
Asphalt - Seal/Repair
Concrete Pavers - Replace
Flag Pole - Replace
Perimeter Block Walls - Repair
Metal Railing - Replace
Trash Enclosures - Replace
Pole Lights - Replace
Bollard Lights - Replace
Metal Railing - Repaint
Perimeter Block Walls - Repaint
Monument Signs - Replace
Clubhouse
Evaporative Coolers - Replace
HVAC Systems - Replace
Security System - Replace
Exhaust Fans - Repair/Replace
Fire Alarm System - Replace
Water Heater - Replace
Mist System - Replace
Drinking Fountains - Replace
Carpet - Replace
Vinyl Flooring - Replace
Tile Floor - Replace
Exterior Windows & Doors - Replace
Exterior Lights - Replace
Furniture - Partial Replace (Ext)
Furniture - Partial Replace (Int)
Furniture - Replace (Main DiningRm)
Furniture/Equip - Replace (Admin)
Commercial Dishwasher - Replace
Kitchen Equip - Replace
Window Treatments - Replace
Restrooms/Locker rooms - Refurbish
Bar - Remodel
Golf Pro Shop - Remodel
A/V Equipment - Replace/Upgrade
Ice Machine - Replace
Association Reserves, 4-0 5/16/201824
1110 10 0 $23,850 $23,850 $248
1141 10 0 $62,500 $62,500 $650
1301 15 5 $24,500 $16,333 $170
1304 25 15 $99,000 $39,600 $412
2550 20 10 $45,000 $22,500 $234
2620 8 1 $44,500 $38,938 $579
909 15 5 $45,000 $30,000 $312
1020 25 4 $125,000 $105,000 $520
1115 10 8 $8,000 $1,600 $83
1115 10 8 $5,700 $1,140 $59
1301 20 10 $6,150 $3,075 $32
1402 30 20 $40,000 $13,333 $139
1701 20 10 $93,000 $46,500 $484
3002 20 10 $720,000 $360,000 $3,746
3004 20 10 $604,000 $302,000 $3,143
3005 10 6 $50,000 $20,000 $520
3006 10 0 $825,000 $825,000 $8,585
3007 1 0 $50,000 $50,000 $5,203
4021 20 10 $1,650,000 $825,000 $8,585
4051 10 4 $17,500 $10,500 $182
4203 6 2 $15,500 $10,333 $269
4205 7 6 $9,800 $1,400 $146
4210 5 2 $10,500 $6,300 $219
4301 3 2 $220,500 $73,500 $7,648
205 20 10 $100,000 $50,000 $520
209 8 0 $11,050 $11,050 $144
303 15 5 $3,500 $2,333 $24
303 15 5 $3,500 $2,333 $24
303 15 5 $3,500 $2,333 $24
303 15 5 $21,000 $14,000 $146
305 8 1 $9,250 $8,094 $120
306 25 15 $8,000 $3,200 $33
329 25 15 $25,000 $10,000 $104
331 15 5 $2,500 $1,667 $17
331 15 5 $1,150 $767 $8
502 35 25 $3,600 $1,029 $11
601 10 0 $5,000 $5,000 $52
606 15 0 $25,500 $25,500 $177
705 10 3 $3,500 $2,450 $36
717 35 25 $60,000 $17,143 $178
720 30 20 $56,000 $18,667 $194
850 20 10 $5,500 $2,750 $29
902 2 0 $11,750 $11,750 $611
Interior Surfaces - Paint
Building Exterior - Paint
Roof (Flat) - Replace
Roof (Tile) - Replace underlayment
Telephone System - Replace
Point of Sale System - Replace
Golf Course
Restrooms - Refurbish
Aeration Systems - Replace
Cart Path Tunnels - Repaint
Pump House Exterior - Repaint
Roof (Pump House) - Replace
Monuments/Signage/Rocks - Replace
Bridges - Replace
Putting Greens - Refurbish
Tee Boxes - Refurbish/Redesign
Driving Range - Refurbish
Sand Bunkers - Renovate
Fairways/Drainage - Repair
Lakes - Refurbish
Ice Machines - Replace
Picker & Cart - Replace
Range Ball Dispenser - Replace
Rental Clubs - Replace
Cart Fleet - Replace
Maintenance Yard
Concrete Driveway/Lot - Repair
Concrete Floors (garage) - Recoat
Evaporative Cooler (Maint Bldg) - A
Evaporative Cooler (Maint Bldg) - B
Evaporative Cooler (Storage) - Repl
Rooftop Package Systems - Replace
Security Camera System - Replace
Exhaust Fans - Replace
Fire Alarm System - Replace
Water Heater - Replace A
Water Heater - Replace B
Chain Link Fence - Replace
Carpet - Replace
Vinyl Flooring - Replace
Gate Operator - Replace
Exterior Doors & Windows - Replace
Metal Gates/Pole Lights - Replace
Air Compressor - Replace
Furniture - Partial Replace (Int)
Association Reserves, 4-0 5/16/201825
903 10 1 $9,200 $8,280 $96
904 25 15 $27,500 $11,000 $114
907 35 25 $16,250 $4,643 $48
908 10 2 $4,000 $3,200 $42
909 15 0 $60,000 $60,000 $416
1110 10 0 $14,250 $14,250 $148
1114 10 0 $14,100 $14,100 $147
1115 10 0 $13,900 $13,900 $145
1301 20 10 $68,000 $34,000 $354
1309 30 20 $26,000 $8,667 $90
1311 30 20 $16,200 $5,400 $56
1330 30 20 $1,750 $583 $6
1818 15 5 $9,800 $6,533 $68
1900 25 15 $22,500 $9,000 $94
3101 12 2 $18,000 $15,000 $156
3101 12 3 $46,000 $34,500 $399
3101 12 9 $69,000 $17,250 $598
3101 12 0 $18,000 $18,000 $156
3102 12 11 $99,000 $8,250 $858
3104 5 1 $21,450 $17,160 $446
3108 15 5 $7,250 $4,833 $50
3109 10 1 $52,250 $47,025 $544
3109 10 9 $27,000 $2,700 $281
3109 10 9 $27,000 $2,700 $281
3119 8 0 $104,000 $104,000 $1,353
3119 10 2 $30,000 $24,000 $312
3121 10 6 $24,500 $9,800 $255
3122 15 8 $40,000 $18,667 $277
3123 12 2 $45,625 $38,021 $396
3123 12 3 $22,500 $16,875 $195
3124 10 3 $122,500 $85,750 $1,275
3124 10 4 $70,000 $42,000 $728
3124 10 5 $52,500 $26,250 $546
3124 10 6 $17,500 $7,000 $182
3124 10 7 $140,000 $42,000 $1,457
3125 7 0 $36,500 $36,500 $543
3127 10 9 $138,000 $13,800 $1,436
3128 6 1 $17,500 $14,583 $304
Appliances - Replace
Kitchen/Office Millwork - Remodel
Acoustic Ceiling Tiles - Replace
Window Treatments - Replace
Restrooms/Locker Rooms - Refurbish
Interior Surfaces - Repaint
Perimeter Block Walls - Repaint
Building Exteriors - Repaint
Flat Roof - Replace
Metal Roof (carport) - Replace
Skylights - Replace
Roof Access Hatch - Replace
Fuel Tank System - Replace
Vehicle Lifts - Replace
Maintenance Equipment
Aerator - Replace A
Aerators - Replace B
Aerators - Replace C
Water Injector- Replace
Backhoe Loader - Replace
Blowers - Replace
Compressor - Replace
Accu-Pro Reel Grinder - Replace
Anglemaster Bedknife Grinder
Express Dual Reel Grinder
Gator Vehicles - Replace
John Deere ProGators - Replace
GMC Sierra Truck - Replace
Ford Dump Truck - Replace
Carryall Utility Carts - Replace
EZ-Go Utility Carts - Replace
Workman Utility Vehicles (2012)
Workman Utility Vehicles (2013)
Workman Utility Vehicles (2014)
Workman Utility Vehicles (2015)
Workman Utility Vehicles (2016)
T-Mag Trucks - Replace
Turf Sprayers - Replace (2016)
Top Dresser - Replace (2014)3128 6 1 $17,500 $14,583 $304
3128 6 3 $17,500 $8,750 $304
3129 8 0 $30,000 $30,000 $390
3129 8 4 $45,000 $22,500 $585
3130 8 0 $81,000 $81,000 $1,054
3130 8 0 $81,000 $81,000 $1,054
3130 8 1 $162,000 $141,750 $2,107
Top Dresser - Replace (2014)
Top Dresser - Replace (2016)
Sand Rakers - Replace (2011)
Sand Rakers - Replace (2015)
Greensmasters 3150D
Greensmasters 3250D
Greensmasters 3300 TriFlex (2012)
Association Reserves, 4-0 5/16/201826
3130 8 2 $81,000 $60,750 $1,054
3130 8 3 $162,000 $101,250 $2,107
3130 8 4 $283,500 $141,750 $3,688
3130 8 5 $162,000 $60,750 $2,107
3130 8 3 $25,000 $15,625 $325
3130 8 5 $25,000 $9,375 $325
3130 8 7 $304,000 $38,000 $3,954
3130 8 7 $304,000 $38,000 $3,954
3130 8 0 $81,000 $81,000 $1,054
3130 8 2 $40,500 $30,375 $527
3130 8 4 $81,000 $40,500 $1,054
3130 8 0 $40,500 $40,500 $527
3130 8 6 $162,000 $40,500 $2,107
3130 8 2 $40,500 $30,375 $527
3130 8 6 $121,500 $30,375 $1,580
3131 15 7 $27,750 $14,800 $193
3132 12 6 $13,500 $6,750 $117
3133 12 5 $9,750 $5,688 $85
3135 8 5 $33,600 $12,600 $437
3135 8 2 $33,600 $25,200 $437
3135 8 6 $33,600 $8,400 $437
3137 15 15 $7,400 $0 $51
3140 15 2 $34,400 $29,813 $239
3140 15 3 $34,400 $27,520 $239
3140 15 5 $34,400 $22,933 $239
3140 15 7 $34,400 $18,347 $239
3140 15 8 $34,400 $16,053 $239
3140 15 12 $34,400 $6,880 $239
3140 15 14 $34,400 $2,293 $239
3140 15 6 $68,800 $41,280 $477
3142 15 14 $46,500 $3,100 $323
3145 15 6 $9,000 $5,400 $62
3145 15 8 $18,000 $8,400 $125
3145 15 5 $9,000 $6,000 $62
3145 15 9 $9,000 $3,600 $62
3172 10 3 $23,000 $16,100 $239
825 10 2 $18,300 $14,640 $190
912 5 $550 $550 $11
1003 12 2 $155,000 $129,167 $1,344
1004 12 2 $12,500 $10,417 $108
1006 20 10 $450,000 $225,000 $2,341
1006 20 10 $750,000 $375,000 $3,902
1007 4 2 $70,000 $35,000 $1,821
1007 25 15 $1,600,000 $640,000 $6,660
Greensmasters 3300 TriFlex (2013)
Greensmasters 3300 TriFlex (2014)
Greensmasters 3300 TriFlex (2015)
Greensmasters 3300 TriFlex (2016)
Greensmasters Flex 21
Greensmasters Flex 2100
Groundsmasters 4700-D (A)
Groundsmasters 4700-D (B)
Reelmasters 3100-D (2011)
Reelmasters 3100-D (2013)
Reelmasters 3100-D (2015)
Reelmasters 4000-D
Reelmasters 5010-H
Reelmasters 7000-D (2013)
Reelmasters 7000-D (2017)
Spreaders - Replace
Speed Roller - Replace
Seeder - Replace
Sweeper (Tennant) - Replace (2016)
Sweeper (Toro) - Replace (2013)
Sweeper (Toro) - Replace (2017)
Tire Changer - Replace
Tractor - Replace (2006)
Tractor - Replace (2007)
Tractor - Replace (2009)
Tractor - Replace (2011)
Tractor - Replace (2012)
Tractor - Replace (2016)
Tractor - Replace (2018)
Tractors - Replace (2010)
Forklift - Replace (2018)
Gearemore Trailer - Replace (2010)
Gearmore Trailers - Replace (2012)
Trailer - Replace (2009)
Trailer - Replace (2013)
Flail - Replace
Irrigation
Weather Station - Replace
Irrigation Computer - Replace
Irrigation Controllers - Replace
Irrigation Interface Modules - Repl
Irrigation Pumps/Cont (Golf)- Repla
Irrigation Pumps/Cont (MY)- Repla
Irrigation Systems - Repair
Irrigation Systems - Replace
Association Reserves, 4-0 5/16/201827
1075 15 9 $430,000 $172,000 $2,983
1080 10 2 $58,000 $46,400 $604
1080 10 4 $63,000 $37,800 $656
172 $8,152,344 $135,000
Reservoir - Reline
Well (#1) - Refurbish
Well (#2) - Refurbish
Total Funded Components
Association Reserves, 4-0 5/16/201828
4-0Full
1.00 % 3.00 %
30-Year Reserve Plan Summary
Fiscal Year Start: 2019 Interest: Inflation:
Reserve Fund Strength Calculations: (All values of Fiscal Year StartDate)
Projected Reserve Balance Changes
Starting Fully Special Loan or
Reserve Funded PercentFundingNeeds
Reserve Special Interest Reserve
Year Balance Balance Funded Risk Contribs. Funding Needs Income Expenses2019 $2,900,000 $8,152,344 35.6 % Medium $1,620,000 $0 $28,553 $1,735,4502020 $2,813,103 $7,945,659 35.4 % Medium $1,668,600 $0 $34,216 $482,9162021 $4,033,004 $9,062,973 44.5 % Medium $1,718,658 $0 $42,686 $1,286,5272022 $4,507,821 $9,427,376 47.8 % Medium $1,770,218 $0 $50,834 $665,5802023 $5,663,293 $10,484,816 54.0 % Medium $1,823,324 $0 $61,593 $887,7452024 $6,660,464 $11,388,954 58.5 % Medium $1,878,024 $0 $67,920 $1,677,1222025 $6,929,287 $11,552,278 60.0 % Medium $1,934,365 $0 $74,992 $863,1802026 $8,075,463 $12,605,333 64.1 % Medium $1,992,396 $0 $84,719 $1,277,0402027 $8,875,538 $13,311,572 66.7 % Medium $2,052,168 $0 $93,908 $1,107,6642028 $9,913,949 $14,262,758 69.5 % Medium $2,113,733 $0 $103,095 $1,416,9182029 $10,713,859 $14,974,730 71.5 % Low $2,177,145 $0 $77,745 $8,127,0662030 $4,841,682 $8,848,914 54.7 % Medium $2,242,459 $0 $54,743 $1,027,2402031 $6,111,644 $9,906,019 61.7 % Medium $2,309,733 $0 $67,396 $1,115,5872032 $7,373,186 $10,959,331 67.3 % Medium $2,379,025 $0 $81,966 $807,1062033 $9,027,071 $12,419,133 72.7 % Low $2,450,395 $0 $92,787 $2,031,9752034 $9,538,278 $12,719,983 75.0 % Low $2,523,907 $0 $84,985 $4,681,1472035 $7,466,024 $10,361,849 72.1 % Low $2,599,624 $0 $82,856 $1,036,2392036 $9,112,266 $11,749,682 77.6 % Low $2,677,613 $0 $98,394 $1,313,3532037 $10,574,920 $12,958,051 81.6 % Low $2,757,942 $0 $116,189 $776,2242038 $12,672,827 $14,822,172 85.5 % Low $2,840,680 $0 $136,742 $963,0262039 $14,687,223 $16,618,059 88.4 % Low $2,925,900 $0 $132,925 $5,836,9002040 $11,909,149 $13,518,026 88.1 % Low $3,013,677 $0 $128,637 $1,222,2142041 $13,829,250 $15,150,522 91.3 % Low $3,104,088 $0 $146,942 $1,508,5482042 $15,571,732 $16,611,643 93.7 % Low $3,197,210 $0 $159,391 $2,608,2922043 $16,320,041 $17,060,674 95.7 % Low $3,293,126 $0 $168,854 $2,316,9792044 $17,465,042 $17,902,345 97.6 % Low $3,391,920 $0 $183,011 $1,887,2272045 $19,152,747 $19,293,401 99.3 % Low $3,476,718 $0 $198,227 $2,318,1742046 $20,509,519 $20,366,248 100.7 % Low $3,563,636 $0 $216,893 $1,402,5222047 $22,887,526 $22,500,855 101.7 % Low $3,652,727 $0 $241,799 $1,289,1332048 $25,492,920 $24,905,337 102.4 % Low $3,744,045 $0 $263,053 $2,359,983
Association Reserves, 4-0 5/16/201829
4-0Full30-Year Income/Expense Detail (yrs 0 through 4)
Fiscal Year 2019 2020 2021 2022 2023Starting Reserve Balance $2,900,000 $2,813,103 $4,033,004 $4,507,821 $5,663,293Annual Reserve Contribution $1,620,000 $1,668,600 $1,718,658 $1,770,218 $1,823,324Recommended Special Assessments $0 $0 $0 $0 $0Interest Earnings $28,553 $34,216 $42,686 $50,834 $61,593Total Income $4,548,553 $4,515,919 $5,794,348 $6,328,873 $7,548,210
# Component
General Site & Grounds
103 Concrete Surfaces - Repair $10,000 $10,300 $10,609 $10,927 $11,255201 Asphalt - Resurface $0 $0 $0 $0 $0202 Asphalt - Seal/Repair $0 $0 $18,566 $0 $0206 Concrete Pavers - Replace $0 $0 $0 $0 $0414 Flag Pole - Replace $0 $0 $0 $0 $0501 Perimeter Block Walls - Repair $14,500 $14,935 $15,383 $15,845 $16,320503 Metal Railing - Replace $0 $0 $0 $0 $0713 Trash Enclosures - Replace $0 $0 $0 $0 $0802 Pole Lights - Replace $0 $0 $0 $0 $0804 Bollard Lights - Replace $0 $0 $0 $0 $01107 Metal Railing - Repaint $0 $0 $11,670 $0 $01114 Perimeter Block Walls - Repaint $32,500 $0 $0 $0 $01402 Monument Signs - Replace $0 $0 $0 $0 $0
Clubhouse
303 Evaporative Coolers - Replace $0 $0 $0 $0 $0303 HVAC Systems - Replace $0 $0 $0 $0 $0305 Security System - Replace $0 $0 $31,827 $0 $0306 Exhaust Fans - Repair/Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace $0 $0 $0 $0 $0405 Mist System - Replace $0 $0 $0 $0 $0411 Drinking Fountains - Replace $0 $0 $0 $0 $0601 Carpet - Replace $45,000 $0 $0 $0 $0606 Vinyl Flooring - Replace $14,000 $0 $0 $0 $0610 Tile Floor - Replace $0 $0 $0 $0 $0717 Exterior Windows & Doors - Replace $0 $0 $0 $0 $0805 Exterior Lights - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Ext) $0 $20,600 $0 $21,855 $0902 Furniture - Partial Replace (Int) $0 $30,900 $0 $32,782 $0902 Furniture - Replace (Main DiningRm) $0 $0 $106,090 $0 $0902 Furniture/Equip - Replace (Admin) $12,500 $0 $0 $0 $0903 Commercial Dishwasher - Replace $0 $0 $0 $0 $0903 Kitchen Equip - Replace $17,500 $18,025 $18,566 $19,123 $19,696908 Window Treatments - Replace $0 $0 $58,350 $0 $0909 Restrooms/Locker rooms - Refurbish $0 $0 $0 $0 $0910 Bar - Remodel $0 $0 $0 $0 $0910 Golf Pro Shop - Remodel $0 $0 $0 $0 $0928 A/V Equipment - Replace/Upgrade $0 $11,021 $0 $11,692 $0929 Ice Machine - Replace $0 $0 $7,957 $0 $01110 Interior Surfaces - Paint $23,850 $0 $0 $0 $01141 Building Exterior - Paint $62,500 $0 $0 $0 $01301 Roof (Flat) - Replace $0 $0 $0 $0 $01304 Roof (Tile) - Replace underlayment $0 $0 $0 $0 $02550 Telephone System - Replace $0 $0 $0 $0 $02620 Point of Sale System - Replace $0 $45,835 $0 $0 $0
Golf Course
909 Restrooms - Refurbish $0 $0 $0 $0 $01020 Aeration Systems - Replace $0 $0 $0 $0 $140,6891115 Cart Path Tunnels - Repaint $0 $0 $0 $0 $01115 Pump House Exterior - Repaint $0 $0 $0 $0 $01301 Roof (Pump House) - Replace $0 $0 $0 $0 $01402 Monuments/Signage/Rocks - Replace $0 $0 $0 $0 $01701 Bridges - Replace $0 $0 $0 $0 $03002 Putting Greens - Refurbish $0 $0 $0 $0 $03004 Tee Boxes - Refurbish/Redesign $0 $0 $0 $0 $03005 Driving Range - Refurbish $0 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201830
Fiscal Year 2019 2020 2021 2022 20233006 Sand Bunkers - Renovate $825,000 $0 $0 $0 $03007 Fairways/Drainage - Repair $50,000 $51,500 $53,045 $54,636 $56,2754021 Lakes - Refurbish $0 $0 $0 $0 $04051 Ice Machines - Replace $0 $0 $0 $0 $19,6964203 Picker & Cart - Replace $0 $0 $16,444 $0 $04205 Range Ball Dispenser - Replace $0 $0 $0 $0 $04210 Rental Clubs - Replace $0 $0 $11,139 $0 $04301 Cart Fleet - Replace $0 $0 $233,928 $0 $0
Maintenance Yard
205 Concrete Driveway/Lot - Repair $0 $0 $0 $0 $0209 Concrete Floors (garage) - Recoat $11,050 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - A $0 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - B $0 $0 $0 $0 $0303 Evaporative Cooler (Storage) - Repl $0 $0 $0 $0 $0303 Rooftop Package Systems - Replace $0 $0 $0 $0 $0305 Security Camera System - Replace $0 $9,528 $0 $0 $0306 Exhaust Fans - Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace A $0 $0 $0 $0 $0331 Water Heater - Replace B $0 $0 $0 $0 $0502 Chain Link Fence - Replace $0 $0 $0 $0 $0601 Carpet - Replace $5,000 $0 $0 $0 $0606 Vinyl Flooring - Replace $25,500 $0 $0 $0 $0705 Gate Operator - Replace $0 $0 $0 $3,825 $0717 Exterior Doors & Windows - Replace $0 $0 $0 $0 $0720 Metal Gates/Pole Lights - Replace $0 $0 $0 $0 $0850 Air Compressor - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Int) $11,750 $0 $12,466 $0 $13,225903 Appliances - Replace $0 $9,476 $0 $0 $0904 Kitchen/Office Millwork - Remodel $0 $0 $0 $0 $0907 Acoustic Ceiling Tiles - Replace $0 $0 $0 $0 $0908 Window Treatments - Replace $0 $0 $4,244 $0 $0909 Restrooms/Locker Rooms - Refurbish $60,000 $0 $0 $0 $01110 Interior Surfaces - Repaint $14,250 $0 $0 $0 $01114 Perimeter Block Walls - Repaint $14,100 $0 $0 $0 $01115 Building Exteriors - Repaint $13,900 $0 $0 $0 $01301 Flat Roof - Replace $0 $0 $0 $0 $01309 Metal Roof (carport) - Replace $0 $0 $0 $0 $01311 Skylights - Replace $0 $0 $0 $0 $01330 Roof Access Hatch - Replace $0 $0 $0 $0 $01818 Fuel Tank System - Replace $0 $0 $0 $0 $01900 Vehicle Lifts - Replace $0 $0 $0 $0 $0
Maintenance Equipment
3101 Aerator - Replace A $0 $0 $19,096 $0 $03101 Aerators - Replace B $0 $0 $0 $50,265 $03101 Aerators - Replace C $0 $0 $0 $0 $03101 Water Injector- Replace $18,000 $0 $0 $0 $03102 Backhoe Loader - Replace $0 $0 $0 $0 $03104 Blowers - Replace $0 $22,094 $0 $0 $03108 Compressor - Replace $0 $0 $0 $0 $03109 Accu-Pro Reel Grinder - Replace $0 $53,818 $0 $0 $03109 Anglemaster Bedknife Grinder $0 $0 $0 $0 $03109 Express Dual Reel Grinder $0 $0 $0 $0 $03119 Gator Vehicles - Replace $104,000 $0 $0 $0 $03119 John Deere ProGators - Replace $0 $0 $31,827 $0 $03121 GMC Sierra Truck - Replace $0 $0 $0 $0 $03122 Ford Dump Truck - Replace $0 $0 $0 $0 $03123 Carryall Utility Carts - Replace $0 $0 $48,404 $0 $03123 EZ-Go Utility Carts - Replace $0 $0 $0 $24,586 $03124 Workman Utility Vehicles (2012) $0 $0 $0 $133,859 $03124 Workman Utility Vehicles (2013) $0 $0 $0 $0 $78,7863124 Workman Utility Vehicles (2014) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2015) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2016) $0 $0 $0 $0 $03125 T-Mag Trucks - Replace $36,500 $0 $0 $0 $03127 Turf Sprayers - Replace (2016) $0 $0 $0 $0 $03128 Top Dresser - Replace (2014) $0 $18,025 $0 $0 $03128 Top Dresser - Replace (2016) $0 $0 $0 $19,123 $03129 Sand Rakers - Replace (2011) $30,000 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201831
Fiscal Year 2019 2020 2021 2022 20233129 Sand Rakers - Replace (2015) $0 $0 $0 $0 $50,6483130 Greensmasters 3150D $81,000 $0 $0 $0 $03130 Greensmasters 3250D $81,000 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2012) $0 $166,860 $0 $0 $03130 Greensmasters 3300 TriFlex (2013) $0 $0 $85,933 $0 $03130 Greensmasters 3300 TriFlex (2014) $0 $0 $0 $177,022 $03130 Greensmasters 3300 TriFlex (2015) $0 $0 $0 $0 $319,0823130 Greensmasters 3300 TriFlex (2016) $0 $0 $0 $0 $03130 Greensmasters Flex 21 $0 $0 $0 $27,318 $03130 Greensmasters Flex 2100 $0 $0 $0 $0 $03130 Groundsmasters 4700-D (A) $0 $0 $0 $0 $03130 Groundsmasters 4700-D (B) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2011) $81,000 $0 $0 $0 $03130 Reelmasters 3100-D (2013) $0 $0 $42,966 $0 $03130 Reelmasters 3100-D (2015) $0 $0 $0 $0 $91,1663130 Reelmasters 4000-D $40,500 $0 $0 $0 $03130 Reelmasters 5010-H $0 $0 $0 $0 $03130 Reelmasters 7000-D (2013) $0 $0 $42,966 $0 $03130 Reelmasters 7000-D (2017) $0 $0 $0 $0 $03131 Spreaders - Replace $0 $0 $0 $0 $03132 Speed Roller - Replace $0 $0 $0 $0 $03133 Seeder - Replace $0 $0 $0 $0 $03135 Sweeper (Tennant) - Replace (2016) $0 $0 $0 $0 $03135 Sweeper (Toro) - Replace (2013) $0 $0 $35,646 $0 $03135 Sweeper (Toro) - Replace (2017) $0 $0 $0 $0 $03137 Tire Changer - Replace $0 $0 $0 $0 $03140 Tractor - Replace (2006) $0 $0 $36,495 $0 $03140 Tractor - Replace (2007) $0 $0 $0 $37,590 $03140 Tractor - Replace (2009) $0 $0 $0 $0 $03140 Tractor - Replace (2011) $0 $0 $0 $0 $03140 Tractor - Replace (2012) $0 $0 $0 $0 $03140 Tractor - Replace (2016) $0 $0 $0 $0 $03140 Tractor - Replace (2018) $0 $0 $0 $0 $03140 Tractors - Replace (2010) $0 $0 $0 $0 $03142 Forklift - Replace (2018) $0 $0 $0 $0 $03145 Gearemore Trailer - Replace (2010) $0 $0 $0 $0 $03145 Gearmore Trailers - Replace (2012) $0 $0 $0 $0 $03145 Trailer - Replace (2009) $0 $0 $0 $0 $03145 Trailer - Replace (2013) $0 $0 $0 $0 $03172 Flail - Replace $0 $0 $0 $25,133 $0
Irrigation
825 Weather Station - Replace $0 $0 $19,414 $0 $0912 Irrigation Computer - Replace $550 $0 $0 $0 $01003 Irrigation Controllers - Replace $0 $0 $164,440 $0 $01004 Irrigation Interface Modules - Repl $0 $0 $13,261 $0 $01006 Irrigation Pumps/Cont (Golf)- Repla $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (MY)- Repla $0 $0 $0 $0 $01007 Irrigation Systems - Repair $0 $0 $74,263 $0 $01007 Irrigation Systems - Replace $0 $0 $0 $0 $01075 Reservoir - Reline $0 $0 $0 $0 $01080 Well (#1) - Refurbish $0 $0 $61,532 $0 $01080 Well (#2) - Refurbish $0 $0 $0 $0 $70,907
Total Expenses $1,735,450 $482,916 $1,286,527 $665,580 $887,745
Ending Reserve Balance $2,813,103 $4,033,004 $4,507,821 $5,663,293 $6,660,464
Association Reserves, 4-0 5/16/201832
Fiscal Year 2024 2025 2026 2027 2028Starting Reserve Balance $6,660,464 $6,929,287 $8,075,463 $8,875,538 $9,913,949Annual Reserve Contribution $1,878,024 $1,934,365 $1,992,396 $2,052,168 $2,113,733Recommended Special Assessments $0 $0 $0 $0 $0Interest Earnings $67,920 $74,992 $84,719 $93,908 $103,095Total Income $8,606,408 $8,938,643 $10,152,577 $11,021,613 $12,130,777
# Component
General Site & Grounds
103 Concrete Surfaces - Repair $11,593 $11,941 $12,299 $12,668 $13,048201 Asphalt - Resurface $0 $0 $0 $0 $0202 Asphalt - Seal/Repair $0 $20,896 $0 $0 $0206 Concrete Pavers - Replace $0 $0 $0 $0 $0414 Flag Pole - Replace $0 $0 $0 $0 $0501 Perimeter Block Walls - Repair $16,809 $17,314 $17,833 $18,368 $18,919503 Metal Railing - Replace $0 $0 $0 $0 $0713 Trash Enclosures - Replace $0 $0 $0 $0 $0802 Pole Lights - Replace $0 $0 $0 $0 $0804 Bollard Lights - Replace $0 $0 $0 $0 $01107 Metal Railing - Repaint $0 $0 $13,529 $0 $01114 Perimeter Block Walls - Repaint $37,676 $0 $0 $0 $01402 Monument Signs - Replace $0 $0 $0 $0 $0
Clubhouse
303 Evaporative Coolers - Replace $20,867 $0 $0 $0 $0303 HVAC Systems - Replace $243,448 $0 $0 $0 $0305 Security System - Replace $0 $0 $0 $0 $0306 Exhaust Fans - Repair/Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace $16,809 $0 $0 $0 $0405 Mist System - Replace $40,575 $0 $0 $0 $0411 Drinking Fountains - Replace $0 $0 $0 $0 $0601 Carpet - Replace $0 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0610 Tile Floor - Replace $0 $0 $0 $0 $0717 Exterior Windows & Doors - Replace $0 $0 $0 $0 $0805 Exterior Lights - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Ext) $23,185 $0 $24,597 $0 $26,095902 Furniture - Partial Replace (Int) $34,778 $0 $36,896 $0 $39,143902 Furniture - Replace (Main DiningRm) $0 $0 $0 $0 $0902 Furniture/Equip - Replace (Admin) $0 $0 $0 $0 $0903 Commercial Dishwasher - Replace $0 $0 $0 $0 $0903 Kitchen Equip - Replace $20,287 $20,896 $21,523 $22,168 $22,834908 Window Treatments - Replace $0 $0 $0 $0 $0909 Restrooms/Locker rooms - Refurbish $168,095 $0 $0 $0 $0910 Bar - Remodel $81,149 $0 $0 $0 $0910 Golf Pro Shop - Remodel $115,927 $0 $0 $0 $0928 A/V Equipment - Replace/Upgrade $12,404 $0 $13,160 $0 $13,961929 Ice Machine - Replace $0 $0 $0 $0 $01110 Interior Surfaces - Paint $0 $0 $0 $0 $01141 Building Exterior - Paint $0 $0 $0 $0 $01301 Roof (Flat) - Replace $28,402 $0 $0 $0 $01304 Roof (Tile) - Replace underlayment $0 $0 $0 $0 $02550 Telephone System - Replace $0 $0 $0 $0 $02620 Point of Sale System - Replace $0 $0 $0 $0 $58,062
Golf Course
909 Restrooms - Refurbish $52,167 $0 $0 $0 $01020 Aeration Systems - Replace $0 $0 $0 $0 $01115 Cart Path Tunnels - Repaint $0 $0 $0 $10,134 $01115 Pump House Exterior - Repaint $0 $0 $0 $7,221 $01301 Roof (Pump House) - Replace $0 $0 $0 $0 $01402 Monuments/Signage/Rocks - Replace $0 $0 $0 $0 $01701 Bridges - Replace $0 $0 $0 $0 $03002 Putting Greens - Refurbish $0 $0 $0 $0 $03004 Tee Boxes - Refurbish/Redesign $0 $0 $0 $0 $03005 Driving Range - Refurbish $0 $59,703 $0 $0 $03006 Sand Bunkers - Renovate $0 $0 $0 $0 $03007 Fairways/Drainage - Repair $57,964 $59,703 $61,494 $63,339 $65,2394021 Lakes - Refurbish $0 $0 $0 $0 $04051 Ice Machines - Replace $0 $0 $0 $0 $04203 Picker & Cart - Replace $0 $0 $0 $19,635 $0
Association Reserves, 4-0 5/16/201833
Fiscal Year 2024 2025 2026 2027 20284205 Range Ball Dispenser - Replace $0 $11,702 $0 $0 $04210 Rental Clubs - Replace $0 $0 $12,914 $0 $04301 Cart Fleet - Replace $255,620 $0 $0 $279,323 $0
Maintenance Yard
205 Concrete Driveway/Lot - Repair $0 $0 $0 $0 $0209 Concrete Floors (garage) - Recoat $0 $0 $0 $13,998 $0303 Evaporative Cooler (Maint Bldg) - A $4,057 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - B $4,057 $0 $0 $0 $0303 Evaporative Cooler (Storage) - Repl $4,057 $0 $0 $0 $0303 Rooftop Package Systems - Replace $24,345 $0 $0 $0 $0305 Security Camera System - Replace $0 $0 $0 $0 $12,069306 Exhaust Fans - Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace A $2,898 $0 $0 $0 $0331 Water Heater - Replace B $1,333 $0 $0 $0 $0502 Chain Link Fence - Replace $0 $0 $0 $0 $0601 Carpet - Replace $0 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0705 Gate Operator - Replace $0 $0 $0 $0 $0717 Exterior Doors & Windows - Replace $0 $0 $0 $0 $0720 Metal Gates/Pole Lights - Replace $0 $0 $0 $0 $0850 Air Compressor - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Int) $0 $14,030 $0 $14,885 $0903 Appliances - Replace $0 $0 $0 $0 $0904 Kitchen/Office Millwork - Remodel $0 $0 $0 $0 $0907 Acoustic Ceiling Tiles - Replace $0 $0 $0 $0 $0908 Window Treatments - Replace $0 $0 $0 $0 $0909 Restrooms/Locker Rooms - Refurbish $0 $0 $0 $0 $01110 Interior Surfaces - Repaint $0 $0 $0 $0 $01114 Perimeter Block Walls - Repaint $0 $0 $0 $0 $01115 Building Exteriors - Repaint $0 $0 $0 $0 $01301 Flat Roof - Replace $0 $0 $0 $0 $01309 Metal Roof (carport) - Replace $0 $0 $0 $0 $01311 Skylights - Replace $0 $0 $0 $0 $01330 Roof Access Hatch - Replace $0 $0 $0 $0 $01818 Fuel Tank System - Replace $11,361 $0 $0 $0 $01900 Vehicle Lifts - Replace $0 $0 $0 $0 $0
Maintenance Equipment
3101 Aerator - Replace A $0 $0 $0 $0 $03101 Aerators - Replace B $0 $0 $0 $0 $03101 Aerators - Replace C $0 $0 $0 $0 $90,0293101 Water Injector- Replace $0 $0 $0 $0 $03102 Backhoe Loader - Replace $0 $0 $0 $0 $03104 Blowers - Replace $0 $25,612 $0 $0 $03108 Compressor - Replace $8,405 $0 $0 $0 $03109 Accu-Pro Reel Grinder - Replace $0 $0 $0 $0 $03109 Anglemaster Bedknife Grinder $0 $0 $0 $0 $35,2293109 Express Dual Reel Grinder $0 $0 $0 $0 $35,2293119 Gator Vehicles - Replace $0 $0 $0 $131,744 $03119 John Deere ProGators - Replace $0 $0 $0 $0 $03121 GMC Sierra Truck - Replace $0 $29,254 $0 $0 $03122 Ford Dump Truck - Replace $0 $0 $0 $50,671 $03123 Carryall Utility Carts - Replace $0 $0 $0 $0 $03123 EZ-Go Utility Carts - Replace $0 $0 $0 $0 $03124 Workman Utility Vehicles (2012) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2013) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2014) $60,862 $0 $0 $0 $03124 Workman Utility Vehicles (2015) $0 $20,896 $0 $0 $03124 Workman Utility Vehicles (2016) $0 $0 $172,182 $0 $03125 T-Mag Trucks - Replace $0 $0 $44,890 $0 $03127 Turf Sprayers - Replace (2016) $0 $0 $0 $0 $180,0593128 Top Dresser - Replace (2014) $0 $0 $21,523 $0 $03128 Top Dresser - Replace (2016) $0 $0 $0 $0 $22,8343129 Sand Rakers - Replace (2011) $0 $0 $0 $38,003 $03129 Sand Rakers - Replace (2015) $0 $0 $0 $0 $03130 Greensmasters 3150D $0 $0 $0 $102,608 $03130 Greensmasters 3250D $0 $0 $0 $102,608 $03130 Greensmasters 3300 TriFlex (2012) $0 $0 $0 $0 $211,3733130 Greensmasters 3300 TriFlex (2013) $0 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201834
Fiscal Year 2024 2025 2026 2027 20283130 Greensmasters 3300 TriFlex (2014) $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2015) $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2016) $187,802 $0 $0 $0 $03130 Greensmasters Flex 21 $0 $0 $0 $0 $03130 Greensmasters Flex 2100 $28,982 $0 $0 $0 $03130 Groundsmasters 4700-D (A) $0 $0 $373,882 $0 $03130 Groundsmasters 4700-D (B) $0 $0 $373,882 $0 $03130 Reelmasters 3100-D (2011) $0 $0 $0 $102,608 $03130 Reelmasters 3100-D (2013) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2015) $0 $0 $0 $0 $03130 Reelmasters 4000-D $0 $0 $0 $51,304 $03130 Reelmasters 5010-H $0 $193,436 $0 $0 $03130 Reelmasters 7000-D (2013) $0 $0 $0 $0 $03130 Reelmasters 7000-D (2017) $0 $145,077 $0 $0 $03131 Spreaders - Replace $0 $0 $34,129 $0 $03132 Speed Roller - Replace $0 $16,120 $0 $0 $03133 Seeder - Replace $11,303 $0 $0 $0 $03135 Sweeper (Tennant) - Replace (2016) $38,952 $0 $0 $0 $03135 Sweeper (Toro) - Replace (2013) $0 $0 $0 $0 $03135 Sweeper (Toro) - Replace (2017) $0 $40,120 $0 $0 $03137 Tire Changer - Replace $0 $0 $0 $0 $03140 Tractor - Replace (2006) $0 $0 $0 $0 $03140 Tractor - Replace (2007) $0 $0 $0 $0 $03140 Tractor - Replace (2009) $39,879 $0 $0 $0 $03140 Tractor - Replace (2011) $0 $0 $42,308 $0 $03140 Tractor - Replace (2012) $0 $0 $0 $43,577 $03140 Tractor - Replace (2016) $0 $0 $0 $0 $03140 Tractor - Replace (2018) $0 $0 $0 $0 $03140 Tractors - Replace (2010) $0 $82,151 $0 $0 $03142 Forklift - Replace (2018) $0 $0 $0 $0 $03145 Gearemore Trailer - Replace (2010) $0 $10,746 $0 $0 $03145 Gearmore Trailers - Replace (2012) $0 $0 $0 $22,802 $03145 Trailer - Replace (2009) $10,433 $0 $0 $0 $03145 Trailer - Replace (2013) $0 $0 $0 $0 $11,7433172 Flail - Replace $0 $0 $0 $0 $0
Irrigation
825 Weather Station - Replace $0 $0 $0 $0 $0912 Irrigation Computer - Replace $638 $0 $0 $0 $01003 Irrigation Controllers - Replace $0 $0 $0 $0 $01004 Irrigation Interface Modules - Repl $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (Golf)- Repla $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (MY)- Repla $0 $0 $0 $0 $01007 Irrigation Systems - Repair $0 $83,584 $0 $0 $01007 Irrigation Systems - Replace $0 $0 $0 $0 $01075 Reservoir - Reline $0 $0 $0 $0 $561,0521080 Well (#1) - Refurbish $0 $0 $0 $0 $01080 Well (#2) - Refurbish $0 $0 $0 $0 $0
Total Expenses $1,677,122 $863,180 $1,277,040 $1,107,664 $1,416,918
Ending Reserve Balance $6,929,287 $8,075,463 $8,875,538 $9,913,949 $10,713,859
Association Reserves, 4-0 5/16/201835
Fiscal Year 2029 2030 2031 2032 2033Starting Reserve Balance $10,713,859 $4,841,682 $6,111,644 $7,373,186 $9,027,071Annual Reserve Contribution $2,177,145 $2,242,459 $2,309,733 $2,379,025 $2,450,395Recommended Special Assessments $0 $0 $0 $0 $0Interest Earnings $77,745 $54,743 $67,396 $81,966 $92,787Total Income $12,968,748 $7,138,884 $8,488,773 $9,834,177 $11,570,254
# Component
General Site & Grounds
103 Concrete Surfaces - Repair $13,439 $13,842 $14,258 $14,685 $15,126201 Asphalt - Resurface $0 $0 $0 $0 $0202 Asphalt - Seal/Repair $23,519 $0 $0 $0 $26,470206 Concrete Pavers - Replace $0 $0 $0 $0 $0414 Flag Pole - Replace $0 $0 $0 $0 $0501 Perimeter Block Walls - Repair $19,487 $20,071 $20,674 $21,294 $21,933503 Metal Railing - Replace $0 $0 $0 $0 $0713 Trash Enclosures - Replace $5,376 $0 $0 $0 $0802 Pole Lights - Replace $32,254 $0 $0 $0 $0804 Bollard Lights - Replace $26,878 $0 $0 $0 $01107 Metal Railing - Repaint $0 $0 $15,683 $0 $01114 Perimeter Block Walls - Repaint $43,677 $0 $0 $0 $01402 Monument Signs - Replace $10,751 $0 $0 $0 $0
Clubhouse
303 Evaporative Coolers - Replace $0 $0 $0 $0 $0303 HVAC Systems - Replace $0 $0 $0 $0 $0305 Security System - Replace $0 $0 $42,773 $0 $0306 Exhaust Fans - Repair/Replace $48,381 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace $0 $0 $0 $0 $0405 Mist System - Replace $0 $0 $0 $0 $0411 Drinking Fountains - Replace $3,225 $0 $0 $0 $0601 Carpet - Replace $60,476 $0 $0 $0 $0606 Vinyl Flooring - Replace $18,815 $0 $0 $0 $0610 Tile Floor - Replace $0 $0 $0 $0 $0717 Exterior Windows & Doors - Replace $0 $0 $0 $0 $0805 Exterior Lights - Replace $5,040 $0 $0 $0 $0902 Furniture - Partial Replace (Ext) $0 $27,685 $0 $29,371 $0902 Furniture - Partial Replace (Int) $0 $41,527 $0 $44,056 $0902 Furniture - Replace (Main DiningRm) $0 $0 $0 $0 $151,259902 Furniture/Equip - Replace (Admin) $16,799 $0 $0 $0 $0903 Commercial Dishwasher - Replace $0 $0 $0 $0 $0903 Kitchen Equip - Replace $23,519 $24,224 $24,951 $25,699 $26,470908 Window Treatments - Replace $0 $0 $78,417 $0 $0909 Restrooms/Locker rooms - Refurbish $0 $0 $0 $0 $0910 Bar - Remodel $0 $0 $0 $0 $0910 Golf Pro Shop - Remodel $0 $0 $0 $0 $0928 A/V Equipment - Replace/Upgrade $0 $14,811 $0 $15,713 $0929 Ice Machine - Replace $10,079 $0 $0 $0 $01110 Interior Surfaces - Paint $32,052 $0 $0 $0 $01141 Building Exterior - Paint $83,995 $0 $0 $0 $01301 Roof (Flat) - Replace $0 $0 $0 $0 $01304 Roof (Tile) - Replace underlayment $0 $0 $0 $0 $02550 Telephone System - Replace $60,476 $0 $0 $0 $02620 Point of Sale System - Replace $0 $0 $0 $0 $0
Golf Course
909 Restrooms - Refurbish $0 $0 $0 $0 $01020 Aeration Systems - Replace $0 $0 $0 $0 $01115 Cart Path Tunnels - Repaint $0 $0 $0 $0 $01115 Pump House Exterior - Repaint $0 $0 $0 $0 $01301 Roof (Pump House) - Replace $8,265 $0 $0 $0 $01402 Monuments/Signage/Rocks - Replace $0 $0 $0 $0 $01701 Bridges - Replace $124,984 $0 $0 $0 $03002 Putting Greens - Refurbish $967,620 $0 $0 $0 $03004 Tee Boxes - Refurbish/Redesign $811,725 $0 $0 $0 $03005 Driving Range - Refurbish $0 $0 $0 $0 $03006 Sand Bunkers - Renovate $1,108,731 $0 $0 $0 $03007 Fairways/Drainage - Repair $67,196 $69,212 $71,288 $73,427 $75,6294021 Lakes - Refurbish $2,217,462 $0 $0 $0 $04051 Ice Machines - Replace $0 $0 $0 $0 $26,4704203 Picker & Cart - Replace $0 $0 $0 $0 $23,445
Association Reserves, 4-0 5/16/201836
Fiscal Year 2029 2030 2031 2032 20334205 Range Ball Dispenser - Replace $0 $0 $0 $14,392 $04210 Rental Clubs - Replace $0 $0 $14,970 $0 $04301 Cart Fleet - Replace $0 $305,224 $0 $0 $333,526
Maintenance Yard
205 Concrete Driveway/Lot - Repair $134,392 $0 $0 $0 $0209 Concrete Floors (garage) - Recoat $0 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - A $0 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - B $0 $0 $0 $0 $0303 Evaporative Cooler (Storage) - Repl $0 $0 $0 $0 $0303 Rooftop Package Systems - Replace $0 $0 $0 $0 $0305 Security Camera System - Replace $0 $0 $0 $0 $0306 Exhaust Fans - Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace A $0 $0 $0 $0 $0331 Water Heater - Replace B $0 $0 $0 $0 $0502 Chain Link Fence - Replace $0 $0 $0 $0 $0601 Carpet - Replace $6,720 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0705 Gate Operator - Replace $0 $0 $0 $5,140 $0717 Exterior Doors & Windows - Replace $0 $0 $0 $0 $0720 Metal Gates/Pole Lights - Replace $0 $0 $0 $0 $0850 Air Compressor - Replace $7,392 $0 $0 $0 $0902 Furniture - Partial Replace (Int) $15,791 $0 $16,753 $0 $17,773903 Appliances - Replace $0 $12,735 $0 $0 $0904 Kitchen/Office Millwork - Remodel $0 $0 $0 $0 $0907 Acoustic Ceiling Tiles - Replace $0 $0 $0 $0 $0908 Window Treatments - Replace $0 $0 $5,703 $0 $0909 Restrooms/Locker Rooms - Refurbish $0 $0 $0 $0 $01110 Interior Surfaces - Repaint $19,151 $0 $0 $0 $01114 Perimeter Block Walls - Repaint $18,949 $0 $0 $0 $01115 Building Exteriors - Repaint $18,680 $0 $0 $0 $01301 Flat Roof - Replace $91,386 $0 $0 $0 $01309 Metal Roof (carport) - Replace $0 $0 $0 $0 $01311 Skylights - Replace $0 $0 $0 $0 $01330 Roof Access Hatch - Replace $0 $0 $0 $0 $01818 Fuel Tank System - Replace $0 $0 $0 $0 $01900 Vehicle Lifts - Replace $0 $0 $0 $0 $0
Maintenance Equipment
3101 Aerator - Replace A $0 $0 $0 $0 $27,2273101 Aerators - Replace B $0 $0 $0 $0 $03101 Aerators - Replace C $0 $0 $0 $0 $03101 Water Injector- Replace $0 $0 $25,664 $0 $03102 Backhoe Loader - Replace $0 $137,039 $0 $0 $03104 Blowers - Replace $0 $29,692 $0 $0 $03108 Compressor - Replace $0 $0 $0 $0 $03109 Accu-Pro Reel Grinder - Replace $0 $72,326 $0 $0 $03109 Anglemaster Bedknife Grinder $0 $0 $0 $0 $03109 Express Dual Reel Grinder $0 $0 $0 $0 $03119 Gator Vehicles - Replace $0 $0 $0 $0 $03119 John Deere ProGators - Replace $0 $0 $42,773 $0 $03121 GMC Sierra Truck - Replace $0 $0 $0 $0 $03122 Ford Dump Truck - Replace $0 $0 $0 $0 $03123 Carryall Utility Carts - Replace $0 $0 $0 $0 $69,0123123 EZ-Go Utility Carts - Replace $0 $0 $0 $0 $03124 Workman Utility Vehicles (2012) $0 $0 $0 $179,895 $03124 Workman Utility Vehicles (2013) $0 $0 $0 $0 $105,8813124 Workman Utility Vehicles (2014) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2015) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2016) $0 $0 $0 $0 $03125 T-Mag Trucks - Replace $0 $0 $0 $0 $55,2103127 Turf Sprayers - Replace (2016) $0 $0 $0 $0 $03128 Top Dresser - Replace (2014) $0 $0 $0 $25,699 $03128 Top Dresser - Replace (2016) $0 $0 $0 $0 $03129 Sand Rakers - Replace (2011) $0 $0 $0 $0 $03129 Sand Rakers - Replace (2015) $0 $0 $64,159 $0 $03130 Greensmasters 3150D $0 $0 $0 $0 $03130 Greensmasters 3250D $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2012) $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2013) $108,857 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201837
Fiscal Year 2029 2030 2031 2032 20333130 Greensmasters 3300 TriFlex (2014) $0 $224,246 $0 $0 $03130 Greensmasters 3300 TriFlex (2015) $0 $0 $404,203 $0 $03130 Greensmasters 3300 TriFlex (2016) $0 $0 $0 $237,902 $03130 Greensmasters Flex 21 $0 $34,606 $0 $0 $03130 Greensmasters Flex 2100 $0 $0 $0 $36,713 $03130 Groundsmasters 4700-D (A) $0 $0 $0 $0 $03130 Groundsmasters 4700-D (B) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2011) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2013) $54,429 $0 $0 $0 $03130 Reelmasters 3100-D (2015) $0 $0 $115,487 $0 $03130 Reelmasters 4000-D $0 $0 $0 $0 $03130 Reelmasters 5010-H $0 $0 $0 $0 $245,0403130 Reelmasters 7000-D (2013) $54,429 $0 $0 $0 $03130 Reelmasters 7000-D (2017) $0 $0 $0 $0 $183,7803131 Spreaders - Replace $0 $0 $0 $0 $03132 Speed Roller - Replace $0 $0 $0 $0 $03133 Seeder - Replace $0 $0 $0 $0 $03135 Sweeper (Tennant) - Replace (2016) $0 $0 $0 $49,343 $03135 Sweeper (Toro) - Replace (2013) $45,156 $0 $0 $0 $03135 Sweeper (Toro) - Replace (2017) $0 $0 $0 $0 $50,8233137 Tire Changer - Replace $0 $0 $0 $0 $03140 Tractor - Replace (2006) $0 $0 $0 $0 $03140 Tractor - Replace (2007) $0 $0 $0 $0 $03140 Tractor - Replace (2009) $0 $0 $0 $0 $03140 Tractor - Replace (2011) $0 $0 $0 $0 $03140 Tractor - Replace (2012) $0 $0 $0 $0 $03140 Tractor - Replace (2016) $0 $0 $49,046 $0 $03140 Tractor - Replace (2018) $0 $0 $0 $0 $52,0333140 Tractors - Replace (2010) $0 $0 $0 $0 $03142 Forklift - Replace (2018) $0 $0 $0 $0 $70,3353145 Gearemore Trailer - Replace (2010) $0 $0 $0 $0 $03145 Gearmore Trailers - Replace (2012) $0 $0 $0 $0 $03145 Trailer - Replace (2009) $0 $0 $0 $0 $03145 Trailer - Replace (2013) $0 $0 $0 $0 $03172 Flail - Replace $0 $0 $0 $33,776 $0
Irrigation
825 Weather Station - Replace $0 $0 $26,091 $0 $0912 Irrigation Computer - Replace $739 $0 $0 $0 $01003 Irrigation Controllers - Replace $0 $0 $0 $0 $234,4511004 Irrigation Interface Modules - Repl $0 $0 $0 $0 $18,9071006 Irrigation Pumps/Cont (Golf)- Repla $604,762 $0 $0 $0 $01006 Irrigation Pumps/Cont (MY)- Repla $1,007,937 $0 $0 $0 $01007 Irrigation Systems - Repair $94,074 $0 $0 $0 $105,8811007 Irrigation Systems - Replace $0 $0 $0 $0 $01075 Reservoir - Reline $0 $0 $0 $0 $01080 Well (#1) - Refurbish $0 $0 $82,694 $0 $01080 Well (#2) - Refurbish $0 $0 $0 $0 $95,293
Total Expenses $8,127,066 $1,027,240 $1,115,587 $807,106 $2,031,975
Ending Reserve Balance $4,841,682 $6,111,644 $7,373,186 $9,027,071 $9,538,278
Association Reserves, 4-0 5/16/201838
Fiscal Year 2034 2035 2036 2037 2038Starting Reserve Balance $9,538,278 $7,466,024 $9,112,266 $10,574,920 $12,672,827Annual Reserve Contribution $2,523,907 $2,599,624 $2,677,613 $2,757,942 $2,840,680Recommended Special Assessments $0 $0 $0 $0 $0Interest Earnings $84,985 $82,856 $98,394 $116,189 $136,742Total Income $12,147,171 $10,148,505 $11,888,273 $13,449,051 $15,650,249
# Component
General Site & Grounds
103 Concrete Surfaces - Repair $15,580 $16,047 $16,528 $17,024 $17,535201 Asphalt - Resurface $0 $0 $0 $0 $0202 Asphalt - Seal/Repair $0 $0 $0 $29,793 $0206 Concrete Pavers - Replace $109,058 $0 $0 $0 $0414 Flag Pole - Replace $0 $0 $0 $0 $0501 Perimeter Block Walls - Repair $22,591 $23,268 $23,966 $24,685 $25,426503 Metal Railing - Replace $62,319 $0 $0 $0 $0713 Trash Enclosures - Replace $0 $0 $0 $0 $0802 Pole Lights - Replace $0 $0 $0 $0 $0804 Bollard Lights - Replace $0 $0 $0 $0 $01107 Metal Railing - Repaint $0 $0 $18,181 $0 $01114 Perimeter Block Walls - Repaint $50,634 $0 $0 $0 $01402 Monument Signs - Replace $0 $0 $0 $0 $0
Clubhouse
303 Evaporative Coolers - Replace $0 $0 $0 $0 $0303 HVAC Systems - Replace $0 $0 $0 $0 $0305 Security System - Replace $0 $0 $0 $0 $0306 Exhaust Fans - Repair/Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $38,949 $0 $0 $0 $0331 Water Heater - Replace $0 $0 $0 $0 $0405 Mist System - Replace $0 $0 $0 $0 $0411 Drinking Fountains - Replace $0 $0 $0 $0 $0601 Carpet - Replace $0 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0610 Tile Floor - Replace $0 $0 $0 $0 $0717 Exterior Windows & Doors - Replace $0 $0 $0 $0 $0805 Exterior Lights - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Ext) $31,159 $0 $33,057 $0 $35,070902 Furniture - Partial Replace (Int) $46,739 $0 $49,585 $0 $52,605902 Furniture - Replace (Main DiningRm) $0 $0 $0 $0 $0902 Furniture/Equip - Replace (Admin) $0 $0 $0 $0 $0903 Commercial Dishwasher - Replace $97,373 $0 $0 $0 $0903 Kitchen Equip - Replace $27,264 $28,082 $28,925 $29,793 $30,686908 Window Treatments - Replace $0 $0 $0 $0 $0909 Restrooms/Locker rooms - Refurbish $0 $0 $0 $0 $0910 Bar - Remodel $0 $0 $0 $0 $0910 Golf Pro Shop - Remodel $0 $0 $0 $0 $0928 A/V Equipment - Replace/Upgrade $16,670 $0 $17,685 $0 $18,763929 Ice Machine - Replace $0 $0 $0 $12,768 $01110 Interior Surfaces - Paint $0 $0 $0 $0 $01141 Building Exterior - Paint $0 $0 $0 $0 $01301 Roof (Flat) - Replace $0 $0 $0 $0 $01304 Roof (Tile) - Replace underlayment $154,239 $0 $0 $0 $02550 Telephone System - Replace $0 $0 $0 $0 $02620 Point of Sale System - Replace $0 $0 $73,552 $0 $0
Golf Course
909 Restrooms - Refurbish $0 $0 $0 $0 $01020 Aeration Systems - Replace $0 $0 $0 $0 $01115 Cart Path Tunnels - Repaint $0 $0 $0 $13,619 $01115 Pump House Exterior - Repaint $0 $0 $0 $9,704 $01301 Roof (Pump House) - Replace $0 $0 $0 $0 $01402 Monuments/Signage/Rocks - Replace $0 $0 $0 $0 $01701 Bridges - Replace $0 $0 $0 $0 $03002 Putting Greens - Refurbish $0 $0 $0 $0 $03004 Tee Boxes - Refurbish/Redesign $0 $0 $0 $0 $03005 Driving Range - Refurbish $0 $80,235 $0 $0 $03006 Sand Bunkers - Renovate $0 $0 $0 $0 $03007 Fairways/Drainage - Repair $77,898 $80,235 $82,642 $85,122 $87,6754021 Lakes - Refurbish $0 $0 $0 $0 $04051 Ice Machines - Replace $0 $0 $0 $0 $04203 Picker & Cart - Replace $0 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201839
Fiscal Year 2034 2035 2036 2037 20384205 Range Ball Dispenser - Replace $0 $0 $0 $0 $04210 Rental Clubs - Replace $0 $0 $17,355 $0 $04301 Cart Fleet - Replace $0 $0 $364,453 $0 $0
Maintenance Yard
205 Concrete Driveway/Lot - Repair $0 $0 $0 $0 $0209 Concrete Floors (garage) - Recoat $0 $17,732 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - A $0 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - B $0 $0 $0 $0 $0303 Evaporative Cooler (Storage) - Repl $0 $0 $0 $0 $0303 Rooftop Package Systems - Replace $0 $0 $0 $0 $0305 Security Camera System - Replace $0 $0 $15,289 $0 $0306 Exhaust Fans - Replace $12,464 $0 $0 $0 $0329 Fire Alarm System - Replace $38,949 $0 $0 $0 $0331 Water Heater - Replace A $0 $0 $0 $0 $0331 Water Heater - Replace B $0 $0 $0 $0 $0502 Chain Link Fence - Replace $0 $0 $0 $0 $0601 Carpet - Replace $0 $0 $0 $0 $0606 Vinyl Flooring - Replace $39,728 $0 $0 $0 $0705 Gate Operator - Replace $0 $0 $0 $0 $0717 Exterior Doors & Windows - Replace $0 $0 $0 $0 $0720 Metal Gates/Pole Lights - Replace $0 $0 $0 $0 $0850 Air Compressor - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Int) $0 $18,855 $0 $20,004 $0903 Appliances - Replace $0 $0 $0 $0 $0904 Kitchen/Office Millwork - Remodel $42,844 $0 $0 $0 $0907 Acoustic Ceiling Tiles - Replace $0 $0 $0 $0 $0908 Window Treatments - Replace $0 $0 $0 $0 $0909 Restrooms/Locker Rooms - Refurbish $93,478 $0 $0 $0 $01110 Interior Surfaces - Repaint $0 $0 $0 $0 $01114 Perimeter Block Walls - Repaint $0 $0 $0 $0 $01115 Building Exteriors - Repaint $0 $0 $0 $0 $01301 Flat Roof - Replace $0 $0 $0 $0 $01309 Metal Roof (carport) - Replace $0 $0 $0 $0 $01311 Skylights - Replace $0 $0 $0 $0 $01330 Roof Access Hatch - Replace $0 $0 $0 $0 $01818 Fuel Tank System - Replace $0 $0 $0 $0 $01900 Vehicle Lifts - Replace $35,054 $0 $0 $0 $0
Maintenance Equipment
3101 Aerator - Replace A $0 $0 $0 $0 $03101 Aerators - Replace B $71,667 $0 $0 $0 $03101 Aerators - Replace C $0 $0 $0 $0 $03101 Water Injector- Replace $0 $0 $0 $0 $03102 Backhoe Loader - Replace $0 $0 $0 $0 $03104 Blowers - Replace $0 $34,421 $0 $0 $03108 Compressor - Replace $0 $0 $0 $0 $03109 Accu-Pro Reel Grinder - Replace $0 $0 $0 $0 $03109 Anglemaster Bedknife Grinder $0 $0 $0 $0 $47,3453109 Express Dual Reel Grinder $0 $0 $0 $0 $47,3453119 Gator Vehicles - Replace $0 $166,889 $0 $0 $03119 John Deere ProGators - Replace $0 $0 $0 $0 $03121 GMC Sierra Truck - Replace $0 $39,315 $0 $0 $03122 Ford Dump Truck - Replace $0 $0 $0 $0 $03123 Carryall Utility Carts - Replace $0 $0 $0 $0 $03123 EZ-Go Utility Carts - Replace $35,054 $0 $0 $0 $03124 Workman Utility Vehicles (2012) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2013) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2014) $81,793 $0 $0 $0 $03124 Workman Utility Vehicles (2015) $0 $28,082 $0 $0 $03124 Workman Utility Vehicles (2016) $0 $0 $231,399 $0 $03125 T-Mag Trucks - Replace $0 $0 $0 $0 $03127 Turf Sprayers - Replace (2016) $0 $0 $0 $0 $241,9843128 Top Dresser - Replace (2014) $0 $0 $0 $0 $30,6863128 Top Dresser - Replace (2016) $27,264 $0 $0 $0 $03129 Sand Rakers - Replace (2011) $0 $48,141 $0 $0 $03129 Sand Rakers - Replace (2015) $0 $0 $0 $0 $03130 Greensmasters 3150D $0 $129,981 $0 $0 $03130 Greensmasters 3250D $0 $129,981 $0 $0 $03130 Greensmasters 3300 TriFlex (2012) $0 $0 $267,761 $0 $03130 Greensmasters 3300 TriFlex (2013) $0 $0 $0 $137,897 $0
Association Reserves, 4-0 5/16/201840
Fiscal Year 2034 2035 2036 2037 20383130 Greensmasters 3300 TriFlex (2014) $0 $0 $0 $0 $284,0683130 Greensmasters 3300 TriFlex (2015) $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2016) $0 $0 $0 $0 $03130 Greensmasters Flex 21 $0 $0 $0 $0 $43,8383130 Greensmasters Flex 2100 $0 $0 $0 $0 $03130 Groundsmasters 4700-D (A) $473,622 $0 $0 $0 $03130 Groundsmasters 4700-D (B) $473,622 $0 $0 $0 $03130 Reelmasters 3100-D (2011) $0 $129,981 $0 $0 $03130 Reelmasters 3100-D (2013) $0 $0 $0 $68,949 $03130 Reelmasters 3100-D (2015) $0 $0 $0 $0 $03130 Reelmasters 4000-D $0 $64,991 $0 $0 $03130 Reelmasters 5010-H $0 $0 $0 $0 $03130 Reelmasters 7000-D (2013) $0 $0 $0 $68,949 $03130 Reelmasters 7000-D (2017) $0 $0 $0 $0 $03131 Spreaders - Replace $0 $0 $0 $0 $03132 Speed Roller - Replace $0 $0 $0 $22,983 $03133 Seeder - Replace $0 $0 $16,115 $0 $03135 Sweeper (Tennant) - Replace (2016) $0 $0 $0 $0 $03135 Sweeper (Toro) - Replace (2013) $0 $0 $0 $57,202 $03135 Sweeper (Toro) - Replace (2017) $0 $0 $0 $0 $03137 Tire Changer - Replace $11,529 $0 $0 $0 $03140 Tractor - Replace (2006) $0 $0 $56,858 $0 $03140 Tractor - Replace (2007) $0 $0 $0 $58,564 $03140 Tractor - Replace (2009) $0 $0 $0 $0 $03140 Tractor - Replace (2011) $0 $0 $0 $0 $03140 Tractor - Replace (2012) $0 $0 $0 $0 $03140 Tractor - Replace (2016) $0 $0 $0 $0 $03140 Tractor - Replace (2018) $0 $0 $0 $0 $03140 Tractors - Replace (2010) $0 $0 $0 $0 $03142 Forklift - Replace (2018) $0 $0 $0 $0 $03145 Gearemore Trailer - Replace (2010) $0 $0 $0 $0 $03145 Gearmore Trailers - Replace (2012) $0 $0 $0 $0 $03145 Trailer - Replace (2009) $0 $0 $0 $0 $03145 Trailer - Replace (2013) $0 $0 $0 $0 $03172 Flail - Replace $0 $0 $0 $0 $0
Irrigation
825 Weather Station - Replace $0 $0 $0 $0 $0912 Irrigation Computer - Replace $857 $0 $0 $0 $01003 Irrigation Controllers - Replace $0 $0 $0 $0 $01004 Irrigation Interface Modules - Repl $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (Golf)- Repla $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (MY)- Repla $0 $0 $0 $0 $01007 Irrigation Systems - Repair $0 $0 $0 $119,170 $01007 Irrigation Systems - Replace $2,492,748 $0 $0 $0 $01075 Reservoir - Reline $0 $0 $0 $0 $01080 Well (#1) - Refurbish $0 $0 $0 $0 $01080 Well (#2) - Refurbish $0 $0 $0 $0 $0
Total Expenses $4,681,147 $1,036,239 $1,313,353 $776,224 $963,026
Ending Reserve Balance $7,466,024 $9,112,266 $10,574,920 $12,672,827 $14,687,223
Association Reserves, 4-0 5/16/201841
Fiscal Year 2039 2040 2041 2042 2043Starting Reserve Balance $14,687,223 $11,909,149 $13,829,250 $15,571,732 $16,320,041Annual Reserve Contribution $2,925,900 $3,013,677 $3,104,088 $3,197,210 $3,293,126Recommended Special Assessments $0 $0 $0 $0 $0Interest Earnings $132,925 $128,637 $146,942 $159,391 $168,854Total Income $17,746,049 $15,051,463 $17,080,280 $18,928,333 $19,782,021
# Component
General Site & Grounds
103 Concrete Surfaces - Repair $18,061 $18,603 $19,161 $19,736 $20,328201 Asphalt - Resurface $541,833 $0 $0 $0 $0202 Asphalt - Seal/Repair $0 $0 $33,532 $0 $0206 Concrete Pavers - Replace $0 $0 $0 $0 $0414 Flag Pole - Replace $3,612 $0 $0 $0 $0501 Perimeter Block Walls - Repair $26,189 $26,974 $27,783 $28,617 $29,476503 Metal Railing - Replace $0 $0 $0 $0 $0713 Trash Enclosures - Replace $0 $0 $0 $0 $0802 Pole Lights - Replace $0 $0 $0 $0 $0804 Bollard Lights - Replace $0 $0 $0 $0 $01107 Metal Railing - Repaint $0 $0 $21,077 $0 $01114 Perimeter Block Walls - Repaint $58,699 $0 $0 $0 $01402 Monument Signs - Replace $0 $0 $0 $0 $0
Clubhouse
303 Evaporative Coolers - Replace $32,510 $0 $0 $0 $0303 HVAC Systems - Replace $379,283 $0 $0 $0 $0305 Security System - Replace $0 $0 $57,483 $0 $0306 Exhaust Fans - Repair/Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace $26,189 $0 $0 $0 $0405 Mist System - Replace $63,214 $0 $0 $0 $0411 Drinking Fountains - Replace $0 $0 $0 $0 $0601 Carpet - Replace $81,275 $0 $0 $0 $0606 Vinyl Flooring - Replace $25,286 $0 $0 $0 $0610 Tile Floor - Replace $379,283 $0 $0 $0 $0717 Exterior Windows & Doors - Replace $0 $0 $0 $0 $0805 Exterior Lights - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Ext) $0 $37,206 $0 $39,472 $0902 Furniture - Partial Replace (Int) $0 $55,809 $0 $59,208 $0902 Furniture - Replace (Main DiningRm) $0 $0 $0 $0 $0902 Furniture/Equip - Replace (Admin) $22,576 $0 $0 $0 $0903 Commercial Dishwasher - Replace $0 $0 $0 $0 $0903 Kitchen Equip - Replace $31,607 $32,555 $33,532 $34,538 $35,574908 Window Treatments - Replace $0 $0 $105,386 $0 $0909 Restrooms/Locker rooms - Refurbish $261,886 $0 $0 $0 $0910 Bar - Remodel $126,428 $0 $0 $0 $0910 Golf Pro Shop - Remodel $180,611 $0 $0 $0 $0928 A/V Equipment - Replace/Upgrade $0 $19,905 $0 $21,117 $0929 Ice Machine - Replace $0 $0 $0 $0 $01110 Interior Surfaces - Paint $43,076 $0 $0 $0 $01141 Building Exterior - Paint $112,882 $0 $0 $0 $01301 Roof (Flat) - Replace $44,250 $0 $0 $0 $01304 Roof (Tile) - Replace underlayment $0 $0 $0 $0 $02550 Telephone System - Replace $0 $0 $0 $0 $02620 Point of Sale System - Replace $0 $0 $0 $0 $0
Golf Course
909 Restrooms - Refurbish $81,275 $0 $0 $0 $01020 Aeration Systems - Replace $0 $0 $0 $0 $01115 Cart Path Tunnels - Repaint $0 $0 $0 $0 $01115 Pump House Exterior - Repaint $0 $0 $0 $0 $01301 Roof (Pump House) - Replace $0 $0 $0 $0 $01402 Monuments/Signage/Rocks - Replace $72,244 $0 $0 $0 $01701 Bridges - Replace $0 $0 $0 $0 $03002 Putting Greens - Refurbish $0 $0 $0 $0 $03004 Tee Boxes - Refurbish/Redesign $0 $0 $0 $0 $03005 Driving Range - Refurbish $0 $0 $0 $0 $03006 Sand Bunkers - Renovate $1,490,042 $0 $0 $0 $03007 Fairways/Drainage - Repair $90,306 $93,015 $95,805 $98,679 $101,6404021 Lakes - Refurbish $0 $0 $0 $0 $04051 Ice Machines - Replace $0 $0 $0 $0 $35,5744203 Picker & Cart - Replace $27,995 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201842
Fiscal Year 2039 2040 2041 2042 20434205 Range Ball Dispenser - Replace $17,700 $0 $0 $0 $04210 Rental Clubs - Replace $0 $0 $20,119 $0 $04301 Cart Fleet - Replace $398,248 $0 $0 $435,176 $0
Maintenance Yard
205 Concrete Driveway/Lot - Repair $0 $0 $0 $0 $0209 Concrete Floors (garage) - Recoat $0 $0 $0 $0 $22,462303 Evaporative Cooler (Maint Bldg) - A $6,321 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - B $6,321 $0 $0 $0 $0303 Evaporative Cooler (Storage) - Repl $6,321 $0 $0 $0 $0303 Rooftop Package Systems - Replace $37,928 $0 $0 $0 $0305 Security Camera System - Replace $0 $0 $0 $0 $0306 Exhaust Fans - Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace A $4,515 $0 $0 $0 $0331 Water Heater - Replace B $2,077 $0 $0 $0 $0502 Chain Link Fence - Replace $0 $0 $0 $0 $0601 Carpet - Replace $9,031 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0705 Gate Operator - Replace $0 $0 $0 $6,908 $0717 Exterior Doors & Windows - Replace $0 $0 $0 $0 $0720 Metal Gates/Pole Lights - Replace $101,142 $0 $0 $0 $0850 Air Compressor - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Int) $21,222 $0 $22,514 $0 $23,885903 Appliances - Replace $0 $17,115 $0 $0 $0904 Kitchen/Office Millwork - Remodel $0 $0 $0 $0 $0907 Acoustic Ceiling Tiles - Replace $0 $0 $0 $0 $0908 Window Treatments - Replace $0 $0 $7,664 $0 $0909 Restrooms/Locker Rooms - Refurbish $0 $0 $0 $0 $01110 Interior Surfaces - Repaint $25,737 $0 $0 $0 $01114 Perimeter Block Walls - Repaint $25,466 $0 $0 $0 $01115 Building Exteriors - Repaint $25,105 $0 $0 $0 $01301 Flat Roof - Replace $0 $0 $0 $0 $01309 Metal Roof (carport) - Replace $46,959 $0 $0 $0 $01311 Skylights - Replace $29,259 $0 $0 $0 $01330 Roof Access Hatch - Replace $3,161 $0 $0 $0 $01818 Fuel Tank System - Replace $17,700 $0 $0 $0 $01900 Vehicle Lifts - Replace $0 $0 $0 $0 $0
Maintenance Equipment
3101 Aerator - Replace A $0 $0 $0 $0 $03101 Aerators - Replace B $0 $0 $0 $0 $03101 Aerators - Replace C $0 $128,360 $0 $0 $03101 Water Injector- Replace $0 $0 $0 $0 $36,5903102 Backhoe Loader - Replace $0 $0 $0 $195,385 $03104 Blowers - Replace $0 $39,903 $0 $0 $03108 Compressor - Replace $13,094 $0 $0 $0 $03109 Accu-Pro Reel Grinder - Replace $0 $97,200 $0 $0 $03109 Anglemaster Bedknife Grinder $0 $0 $0 $0 $03109 Express Dual Reel Grinder $0 $0 $0 $0 $03119 Gator Vehicles - Replace $0 $0 $0 $0 $211,4113119 John Deere ProGators - Replace $0 $0 $57,483 $0 $03121 GMC Sierra Truck - Replace $0 $0 $0 $0 $03122 Ford Dump Truck - Replace $0 $0 $0 $78,943 $03123 Carryall Utility Carts - Replace $0 $0 $0 $0 $03123 EZ-Go Utility Carts - Replace $0 $0 $0 $0 $03124 Workman Utility Vehicles (2012) $0 $0 $0 $241,764 $03124 Workman Utility Vehicles (2013) $0 $0 $0 $0 $142,2963124 Workman Utility Vehicles (2014) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2015) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2016) $0 $0 $0 $0 $03125 T-Mag Trucks - Replace $0 $67,901 $0 $0 $03127 Turf Sprayers - Replace (2016) $0 $0 $0 $0 $03128 Top Dresser - Replace (2014) $0 $0 $0 $0 $03128 Top Dresser - Replace (2016) $0 $32,555 $0 $0 $03129 Sand Rakers - Replace (2011) $0 $0 $0 $0 $60,9843129 Sand Rakers - Replace (2015) $81,275 $0 $0 $0 $03130 Greensmasters 3150D $0 $0 $0 $0 $164,6563130 Greensmasters 3250D $0 $0 $0 $0 $164,6563130 Greensmasters 3300 TriFlex (2012) $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2013) $0 $0 $0 $0 $0
Association Reserves, 4-0 5/16/201843
Fiscal Year 2039 2040 2041 2042 20433130 Greensmasters 3300 TriFlex (2014) $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2015) $512,033 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2016) $0 $301,368 $0 $0 $03130 Greensmasters Flex 21 $0 $0 $0 $0 $03130 Greensmasters Flex 2100 $0 $46,507 $0 $0 $03130 Groundsmasters 4700-D (A) $0 $0 $0 $599,970 $03130 Groundsmasters 4700-D (B) $0 $0 $0 $599,970 $03130 Reelmasters 3100-D (2011) $0 $0 $0 $0 $164,6563130 Reelmasters 3100-D (2013) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2015) $146,295 $0 $0 $0 $03130 Reelmasters 4000-D $0 $0 $0 $0 $82,3283130 Reelmasters 5010-H $0 $0 $310,409 $0 $03130 Reelmasters 7000-D (2013) $0 $0 $0 $0 $03130 Reelmasters 7000-D (2017) $0 $0 $232,807 $0 $03131 Spreaders - Replace $0 $0 $53,172 $0 $03132 Speed Roller - Replace $0 $0 $0 $0 $03133 Seeder - Replace $0 $0 $0 $0 $03135 Sweeper (Tennant) - Replace (2016) $0 $62,506 $0 $0 $03135 Sweeper (Toro) - Replace (2013) $0 $0 $0 $0 $03135 Sweeper (Toro) - Replace (2017) $0 $0 $64,381 $0 $03137 Tire Changer - Replace $0 $0 $0 $0 $03140 Tractor - Replace (2006) $0 $0 $0 $0 $03140 Tractor - Replace (2007) $0 $0 $0 $0 $03140 Tractor - Replace (2009) $62,130 $0 $0 $0 $03140 Tractor - Replace (2011) $0 $0 $65,914 $0 $03140 Tractor - Replace (2012) $0 $0 $0 $67,891 $03140 Tractor - Replace (2016) $0 $0 $0 $0 $03140 Tractor - Replace (2018) $0 $0 $0 $0 $03140 Tractors - Replace (2010) $0 $127,988 $0 $0 $03142 Forklift - Replace (2018) $0 $0 $0 $0 $03145 Gearemore Trailer - Replace (2010) $0 $16,743 $0 $0 $03145 Gearmore Trailers - Replace (2012) $0 $0 $0 $35,525 $03145 Trailer - Replace (2009) $16,255 $0 $0 $0 $03145 Trailer - Replace (2013) $0 $0 $0 $0 $18,2953172 Flail - Replace $0 $0 $0 $45,392 $0
Irrigation
825 Weather Station - Replace $0 $0 $35,065 $0 $0912 Irrigation Computer - Replace $993 $0 $0 $0 $01003 Irrigation Controllers - Replace $0 $0 $0 $0 $01004 Irrigation Interface Modules - Repl $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (Golf)- Repla $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (MY)- Repla $0 $0 $0 $0 $01007 Irrigation Systems - Repair $0 $0 $134,127 $0 $01007 Irrigation Systems - Replace $0 $0 $0 $0 $01075 Reservoir - Reline $0 $0 $0 $0 $874,1011080 Well (#1) - Refurbish $0 $0 $111,134 $0 $01080 Well (#2) - Refurbish $0 $0 $0 $0 $128,066
Total Expenses $5,836,900 $1,222,214 $1,508,548 $2,608,292 $2,316,979
Ending Reserve Balance $11,909,149 $13,829,250 $15,571,732 $16,320,041 $17,465,042
Association Reserves, 4-0 5/16/201844
Fiscal Year 2044 2045 2046 2047 2048Starting Reserve Balance $17,465,042 $19,152,747 $20,509,519 $22,887,526 $25,492,920Annual Reserve Contribution $3,391,920 $3,476,718 $3,563,636 $3,652,727 $3,744,045Recommended Special Assessments $0 $0 $0 $0 $0Interest Earnings $183,011 $198,227 $216,893 $241,799 $263,053Total Income $21,039,974 $22,827,692 $24,290,048 $26,782,053 $29,500,018
# Component
General Site & Grounds
103 Concrete Surfaces - Repair $20,938 $21,566 $22,213 $22,879 $23,566201 Asphalt - Resurface $0 $0 $0 $0 $0202 Asphalt - Seal/Repair $0 $37,740 $0 $0 $0206 Concrete Pavers - Replace $0 $0 $0 $0 $0414 Flag Pole - Replace $0 $0 $0 $0 $0501 Perimeter Block Walls - Repair $30,360 $31,271 $32,209 $33,175 $34,170503 Metal Railing - Replace $0 $0 $0 $0 $0713 Trash Enclosures - Replace $0 $0 $0 $0 $0802 Pole Lights - Replace $0 $0 $0 $0 $0804 Bollard Lights - Replace $0 $0 $0 $0 $01107 Metal Railing - Repaint $0 $0 $24,434 $0 $01114 Perimeter Block Walls - Repaint $68,048 $0 $0 $0 $01402 Monument Signs - Replace $0 $0 $0 $0 $0
Clubhouse
303 Evaporative Coolers - Replace $0 $0 $0 $0 $0303 HVAC Systems - Replace $0 $0 $0 $0 $0305 Security System - Replace $0 $0 $0 $0 $0306 Exhaust Fans - Repair/Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace $0 $0 $0 $0 $0405 Mist System - Replace $0 $0 $0 $0 $0411 Drinking Fountains - Replace $0 $0 $0 $0 $0601 Carpet - Replace $0 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0610 Tile Floor - Replace $0 $0 $0 $0 $0717 Exterior Windows & Doors - Replace $732,822 $0 $0 $0 $0805 Exterior Lights - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Ext) $41,876 $0 $44,426 $0 $47,131902 Furniture - Partial Replace (Int) $62,813 $0 $66,639 $0 $70,697902 Furniture - Replace (Main DiningRm) $0 $215,659 $0 $0 $0902 Furniture/Equip - Replace (Admin) $0 $0 $0 $0 $0903 Commercial Dishwasher - Replace $0 $0 $0 $0 $0903 Kitchen Equip - Replace $36,641 $37,740 $38,873 $40,039 $41,240908 Window Treatments - Replace $0 $0 $0 $0 $0909 Restrooms/Locker rooms - Refurbish $0 $0 $0 $0 $0910 Bar - Remodel $0 $0 $0 $0 $0910 Golf Pro Shop - Remodel $0 $0 $0 $0 $0928 A/V Equipment - Replace/Upgrade $22,403 $0 $23,768 $0 $25,215929 Ice Machine - Replace $0 $16,174 $0 $0 $01110 Interior Surfaces - Paint $0 $0 $0 $0 $01141 Building Exterior - Paint $0 $0 $0 $0 $01301 Roof (Flat) - Replace $0 $0 $0 $0 $01304 Roof (Tile) - Replace underlayment $0 $0 $0 $0 $02550 Telephone System - Replace $0 $0 $0 $0 $02620 Point of Sale System - Replace $93,173 $0 $0 $0 $0
Golf Course
909 Restrooms - Refurbish $0 $0 $0 $0 $01020 Aeration Systems - Replace $0 $0 $0 $0 $294,5711115 Cart Path Tunnels - Repaint $0 $0 $0 $18,303 $01115 Pump House Exterior - Repaint $0 $0 $0 $13,041 $01301 Roof (Pump House) - Replace $0 $0 $0 $0 $01402 Monuments/Signage/Rocks - Replace $0 $0 $0 $0 $01701 Bridges - Replace $0 $0 $0 $0 $03002 Putting Greens - Refurbish $0 $0 $0 $0 $03004 Tee Boxes - Refurbish/Redesign $0 $0 $0 $0 $03005 Driving Range - Refurbish $0 $107,830 $0 $0 $03006 Sand Bunkers - Renovate $0 $0 $0 $0 $03007 Fairways/Drainage - Repair $104,689 $107,830 $111,064 $114,396 $117,8284021 Lakes - Refurbish $0 $0 $0 $0 $04051 Ice Machines - Replace $0 $0 $0 $0 $04203 Picker & Cart - Replace $0 $33,427 $0 $0 $0
Association Reserves, 4-0 5/16/201845
Fiscal Year 2044 2045 2046 2047 20484205 Range Ball Dispenser - Replace $0 $0 $21,769 $0 $04210 Rental Clubs - Replace $0 $0 $23,324 $0 $04301 Cart Fleet - Replace $0 $475,528 $0 $0 $519,623
Maintenance Yard
205 Concrete Driveway/Lot - Repair $0 $0 $0 $0 $0209 Concrete Floors (garage) - Recoat $0 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - A $0 $0 $0 $0 $0303 Evaporative Cooler (Maint Bldg) - B $0 $0 $0 $0 $0303 Evaporative Cooler (Storage) - Repl $0 $0 $0 $0 $0303 Rooftop Package Systems - Replace $0 $0 $0 $0 $0305 Security Camera System - Replace $19,367 $0 $0 $0 $0306 Exhaust Fans - Replace $0 $0 $0 $0 $0329 Fire Alarm System - Replace $0 $0 $0 $0 $0331 Water Heater - Replace A $0 $0 $0 $0 $0331 Water Heater - Replace B $0 $0 $0 $0 $0502 Chain Link Fence - Replace $7,538 $0 $0 $0 $0601 Carpet - Replace $0 $0 $0 $0 $0606 Vinyl Flooring - Replace $0 $0 $0 $0 $0705 Gate Operator - Replace $0 $0 $0 $0 $0717 Exterior Doors & Windows - Replace $125,627 $0 $0 $0 $0720 Metal Gates/Pole Lights - Replace $0 $0 $0 $0 $0850 Air Compressor - Replace $0 $0 $0 $0 $0902 Furniture - Partial Replace (Int) $0 $25,340 $0 $26,883 $0903 Appliances - Replace $0 $0 $0 $0 $0904 Kitchen/Office Millwork - Remodel $0 $0 $0 $0 $0907 Acoustic Ceiling Tiles - Replace $34,024 $0 $0 $0 $0908 Window Treatments - Replace $0 $0 $0 $0 $0909 Restrooms/Locker Rooms - Refurbish $0 $0 $0 $0 $01110 Interior Surfaces - Repaint $0 $0 $0 $0 $01114 Perimeter Block Walls - Repaint $0 $0 $0 $0 $01115 Building Exteriors - Repaint $0 $0 $0 $0 $01301 Flat Roof - Replace $0 $0 $0 $0 $01309 Metal Roof (carport) - Replace $0 $0 $0 $0 $01311 Skylights - Replace $0 $0 $0 $0 $01330 Roof Access Hatch - Replace $0 $0 $0 $0 $01818 Fuel Tank System - Replace $0 $0 $0 $0 $01900 Vehicle Lifts - Replace $0 $0 $0 $0 $0
Maintenance Equipment
3101 Aerator - Replace A $0 $38,819 $0 $0 $03101 Aerators - Replace B $0 $0 $102,179 $0 $03101 Aerators - Replace C $0 $0 $0 $0 $03101 Water Injector- Replace $0 $0 $0 $0 $03102 Backhoe Loader - Replace $0 $0 $0 $0 $03104 Blowers - Replace $0 $46,259 $0 $0 $03108 Compressor - Replace $0 $0 $0 $0 $03109 Accu-Pro Reel Grinder - Replace $0 $0 $0 $0 $03109 Anglemaster Bedknife Grinder $0 $0 $0 $0 $63,6273109 Express Dual Reel Grinder $0 $0 $0 $0 $63,6273119 Gator Vehicles - Replace $0 $0 $0 $0 $03119 John Deere ProGators - Replace $0 $0 $0 $0 $03121 GMC Sierra Truck - Replace $0 $52,836 $0 $0 $03122 Ford Dump Truck - Replace $0 $0 $0 $0 $03123 Carryall Utility Carts - Replace $0 $98,394 $0 $0 $03123 EZ-Go Utility Carts - Replace $0 $0 $49,979 $0 $03124 Workman Utility Vehicles (2012) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2013) $0 $0 $0 $0 $03124 Workman Utility Vehicles (2014) $109,923 $0 $0 $0 $03124 Workman Utility Vehicles (2015) $0 $37,740 $0 $0 $03124 Workman Utility Vehicles (2016) $0 $0 $310,980 $0 $03125 T-Mag Trucks - Replace $0 $0 $0 $83,509 $03127 Turf Sprayers - Replace (2016) $0 $0 $0 $0 $325,2063128 Top Dresser - Replace (2014) $36,641 $0 $0 $0 $03128 Top Dresser - Replace (2016) $0 $0 $38,873 $0 $03129 Sand Rakers - Replace (2011) $0 $0 $0 $0 $03129 Sand Rakers - Replace (2015) $0 $0 $0 $102,957 $03130 Greensmasters 3150D $0 $0 $0 $0 $03130 Greensmasters 3250D $0 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2012) $339,192 $0 $0 $0 $03130 Greensmasters 3300 TriFlex (2013) $0 $174,684 $0 $0 $0
Association Reserves, 4-0 5/16/201846
Fiscal Year 2044 2045 2046 2047 20483130 Greensmasters 3300 TriFlex (2014) $0 $0 $359,849 $0 $03130 Greensmasters 3300 TriFlex (2015) $0 $0 $0 $648,627 $03130 Greensmasters 3300 TriFlex (2016) $0 $0 $0 $0 $381,7643130 Greensmasters Flex 21 $0 $0 $55,532 $0 $03130 Greensmasters Flex 2100 $0 $0 $0 $0 $58,9143130 Groundsmasters 4700-D (A) $0 $0 $0 $0 $03130 Groundsmasters 4700-D (B) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2011) $0 $0 $0 $0 $03130 Reelmasters 3100-D (2013) $0 $87,342 $0 $0 $03130 Reelmasters 3100-D (2015) $0 $0 $0 $185,322 $03130 Reelmasters 4000-D $0 $0 $0 $0 $03130 Reelmasters 5010-H $0 $0 $0 $0 $03130 Reelmasters 7000-D (2013) $0 $87,342 $0 $0 $03130 Reelmasters 7000-D (2017) $0 $0 $0 $0 $03131 Spreaders - Replace $0 $0 $0 $0 $03132 Speed Roller - Replace $0 $0 $0 $0 $03133 Seeder - Replace $0 $0 $0 $0 $22,9773135 Sweeper (Tennant) - Replace (2016) $0 $0 $0 $0 $79,1813135 Sweeper (Toro) - Replace (2013) $0 $72,461 $0 $0 $03135 Sweeper (Toro) - Replace (2017) $0 $0 $0 $0 $03137 Tire Changer - Replace $0 $0 $0 $0 $03140 Tractor - Replace (2006) $0 $0 $0 $0 $03140 Tractor - Replace (2007) $0 $0 $0 $0 $03140 Tractor - Replace (2009) $0 $0 $0 $0 $03140 Tractor - Replace (2011) $0 $0 $0 $0 $03140 Tractor - Replace (2012) $0 $0 $0 $0 $03140 Tractor - Replace (2016) $0 $0 $76,412 $0 $03140 Tractor - Replace (2018) $0 $0 $0 $0 $81,0663140 Tractors - Replace (2010) $0 $0 $0 $0 $03142 Forklift - Replace (2018) $0 $0 $0 $0 $109,5803145 Gearemore Trailer - Replace (2010) $0 $0 $0 $0 $03145 Gearmore Trailers - Replace (2012) $0 $0 $0 $0 $03145 Trailer - Replace (2009) $0 $0 $0 $0 $03145 Trailer - Replace (2013) $0 $0 $0 $0 $03172 Flail - Replace $0 $0 $0 $0 $0
Irrigation
825 Weather Station - Replace $0 $0 $0 $0 $0912 Irrigation Computer - Replace $1,152 $0 $0 $0 $01003 Irrigation Controllers - Replace $0 $334,272 $0 $0 $01004 Irrigation Interface Modules - Repl $0 $26,957 $0 $0 $01006 Irrigation Pumps/Cont (Golf)- Repla $0 $0 $0 $0 $01006 Irrigation Pumps/Cont (MY)- Repla $0 $0 $0 $0 $01007 Irrigation Systems - Repair $0 $150,961 $0 $0 $01007 Irrigation Systems - Replace $0 $0 $0 $0 $01075 Reservoir - Reline $0 $0 $0 $0 $01080 Well (#1) - Refurbish $0 $0 $0 $0 $01080 Well (#2) - Refurbish $0 $0 $0 $0 $0
Total Expenses $1,887,227 $2,318,174 $1,402,522 $1,289,133 $2,359,983
Ending Reserve Balance $19,152,747 $20,509,519 $22,887,526 $25,492,920 $27,140,035
Association Reserves, 4-0 5/16/201847
Accuracy, Limitations, and Disclosures
Association Reserves and its employees have no ownership, management, or other business relationshipswith the client other than this Reserve Study engagement. Kevin Leonard, R.S., president, is a credentialedReserve Specialist (#294). All work done by Association Reserves is performed under his ResponsibleCharge and is performed in accordance with National Reserve Study Standards (NRSS). There are nomaterial issues to our knowledge that have not been disclosed to the client that would cause a distortion ofthe client’s situation.
Per NRSS, information provided by official representative(s) of the client, vendors, and suppliers regardingfinancial details, component physical details and/or quantities, or historical issues/conditions will be deemedreliable, and is not intended to be used for the purpose of any type of audit, quality/forensic analysis, orbackground checks of historical records. As such, information provided to us has not been audited orindependently verified.
Estimates for interest and inflation have been included, because including such estimates are more accuratethan ignoring them completely. When we are hired to prepare Update reports, the client is considered tohave deemed those previously developed component quantities as accurate and reliable, whetherestablished by our firm or other individuals/firms (unless specifically mentioned in our Site Inspection Notes).During inspections our company standard is to establish measurements within 5% accuracy, and our scopeincludes visual inspection of accessible areas and components and does not include any destructive or othertesting. Our work is done only for budget purposes. Uses or expectations outside our expertise and scopeof work include, but are not limited to, project audit, quality inspection, and the identification of constructiondefects, hazardous materials, or dangerous conditions. Identifying hidden issues such as but not limited toplumbing or electrical problems are also outside our scope of work. Our estimates assume proper originalinstallation & construction, adherence to recommended preventive maintenance, a stable economicenvironment, and do not consider frequency or severity of natural disasters. Our opinions of componentUseful Life, Remaining Useful Life, and current or future cost estimates are not a warranty or guarantee ofactual costs or timing.
Because the physical and financial status of the property, legislation, the economy, weather, ownerexpectations, and usage are all in a continual state of change over which we have no control, we do notexpect that the events projected in this document will all occur exactly as planned. This Reserve Study is bynature a “one-year” document in need of being updated annually so that more accurate estimates can beincorporated. It is only because a long-term perspective improves the accuracy of near-term planning thatthis Report projects expenses into the future. We fully expect a number of adjustments will be necessarythrough the interim years to the cost and timing of expense projections and the funding necessary to preparefor those estimated expenses.
In this engagement our compensation is not contingent upon our conclusions, and our liability in any matterinvolving this Reserve Study is limited to our fee for services rendered.
Association Reserves, 4-0 5/16/201848
BTU British Thermal Unit (a standard unit of energy)
DIA Diameter
GSF Gross Square Feet (area). Equivalent to Square Feet
GSY Gross Square Yards (area). Equivalent to Square Yards
HP Horsepower
LF Linear Feet (length)
Effective Age The difference between Useful Life and Remaining Useful Life.Note that this is not necessarily equivalent to the chronologicalage of the component.
Fully Funded Balance (FFB) The value of the deterioration of the Reserve Components.This is the fraction of life "used up" of each componentmultiplied by its estimated Current Replacement. Whilecalculated for each component, it is summed together for anproperty total.
Inflation Cost factors are adjusted for inflation at the rate defined in theExecutive Summary and compounded annually. Theseincreasing costs can be seen as you follow the recurring cyclesof a component on the "30-yr Income/Expense Detail" table.
Interest Interest earnings on Reserve Funds are calculated using theaverage balance for the year (taking into account income andexpenses through the year) and compounded monthly usingthe rate defined in the Executive Summary. Annual interestearning assumption appears in the Executive Summary.
Percent Funded The ratio, at a particular point in time (the first day of the FiscalYear), of the actual (or projected) Reserve Balance to the FullyFunded Balance, expressed as a percentage.
Remaining Useful Life (RUL) The estimated time, in years, that a common area componentcan be expected to continue to serve its intended function.
Useful Life (UL) The estimated time, in years, that a common area componentcan be expected to serve its intended function.
Terms and Definitions
Association Reserves, 4-0 5/16/201849
Component Details
The primary purpose of the Component Details appendix is to provide the reader with the basis of ourfunding assumptions resulting from our physical analysis and subsequent research. The informationpresented here represents a wide range of components that were observed and measured against NationalReserve Study Standards to determine if they meet the criteria for reserve funding.
1) Common area repair & replacement responsibility2) Component must have a limited useful life3) Life limit must be predictable4) Above a minimum threshold cost (board’s discretion – typically ½ to 1% of Annual operating expenses).
Not all your components may have been found appropriate for reserve funding. In our judgment, thecomponents meeting the above four criteria are shown with the Useful Life (how often the project isexpected to occur), Remaining Useful Life (when the next instance of the expense will be) and representativemarket cost range termed “Best Cost” and “Worst Cost”. There are many factors that can result in a widevariety of potential costs, and we have attempted to present the cost range in which your actual expense willoccur.
Where no Useful Life, Remaining Useful Life, or pricing exists, the component was deemed inappropriatefor Reserve Funding.
Association Reserves, 4-0 5/16/201850
Comp #: 103 Concrete Surfaces - Repair Quantity: Extensive GSF
Useful Life:1 years
Remaining Life:0 years
Best Case: $ 8,000
Lower estimate
Worst Case: $ 12,000
Higher estimate
General Site & Grounds
Location: Sidewalks, Cart paths, etc.Funded?: Yes.History: Annual repairsEvaluation: Good condition: Concrete sidewalks determined to be in good condition typically exhibit smooth surfaces with positiveslopes. If present, cracking is minimal and sporadic, and any trip hazards are isolated, not consistent in all areas. Normal signs ofwear and age. Repair any trip and fall hazards immediately to ensure safety. As routine maintenance, inspect regularly, pressurewash for appearance and repair promptly as needed to prevent water penetrating into the base and causing further damage. Inour experience, larger repair/replacement expenses emerge as the community ages, especially as trees adjacent to sidewalkscontinue to grow. Although difficult to predict timing, cost and scope, we suggest a rotating funding allowance to supplement theoperating/maintenance budget for periodic larger repairs. Adjust as conditions, actual expense patterns dictate within futureReserve Study updates.
Cost Source: Country Club Historical Costs
Association Reserves, 4-0 5/16/201851
Comp #: 201 Asphalt - Resurface Quantity: Approx 100,000 GSF
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 250,000
Lower estimate
Worst Case: $ 350,000
Higher estimate
Location: Parking LotFunded?: Yes.History: OriginalEvaluation: Fair condition: Asphalt pavement determined to be in fair condition typically exhibits a mostly uniform surface but withminor to moderate raveling and surface wear. If present, crack patterns are normal for the age of the asphalt and not extreme, andthere are no signs of advanced deterioration, such as large block cracking patterns, “alligatoring” or potholes. Overall appears tobe aging normally and still up to an appropriate aesthetic standard. As routine maintenance, keep roadway clean, free of debrisand well drained; fill/seal cracks to prevent water from penetrating into the sub-base and accelerating damage. Even with ordinarycare and maintenance, plan for eventual large scale resurface (milling and overlay of all asphalt surfaces is recommended here,unless otherwise noted) at roughly the time frame below. Take note of any areas of ponding water or other drainage concerns,and incorporate repairs into scope of work for resurfacing. Our inspection is visual only and does not incorporate any coresampling or other testing, which may be advisable when asphalt is nearing end of useful life. Some communities choose to workwith independent paving consultants or engineering firms in order to identify any hidden concerns and develop scope of work priorto bidding. If more comprehensive analysis becomes available, incorporate findings into future Reserve Study updates asappropriate.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201852
Comp #: 202 Asphalt - Seal/Repair Quantity: Approx 100,000 GSFLocation: Parking LotFunded?: Yes.History: 2017: $17,500
Useful Life:4 years
Remaining Life:2 years
Best Case: $ 15,000
Lower estimate
Worst Case: $ 20,000
Higher estimate
Evaluation: Good condition: Asphalt seal-coat determined to be in good condition typically exhibits a uniform and dark coat withgood contrast between traffic markings and pavement. Regular cycles of seal coating (along with any needed repair) has provento be the best program in our opinion for the long term care of asphalt pavement. The primary reason to seal coat asphaltpavement is to protect the pavement from the deteriorating effects of sun and water. When asphalt pavement is exposed, theasphalt oxidizes, or hardens which causes the pavement to become more brittle. As a result, the pavement will be more likely tocrack because it is unable to bend and flex when subjected to traffic and temperature changes. A seal coat combats this situationby providing a water-resistant membrane, which not only slows down the oxidation process but also helps the pavement to shedwater, preventing it from entering the base material. Seal coating also provides uniform appearance, concealing the inevitablepatching and repairs which accumulate over time. Seal coating ultimately can extend the useful life of asphalt, postponing theneed for asphalt resurfacing. If asphalt is already cracked, raveled and otherwise deteriorated, seal-coating will not provide muchphysical benefit, but still may have aesthetic benefits for curb appeal.
Cost Source: Client Cost History
Association Reserves, 4-0 5/16/201853
Comp #: 206 Concrete Pavers - Replace Quantity: Approx 4,000 GSF
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 60,000
Lower estimate
Worst Case: $ 80,000
Higher estimate
Comp #: 338 Utility Infrastructure - Maintain Quantity: Extensive Components
Useful Life:
Remaining Life:
Best Case: Worst Case:
Location: Entrance areaFunded?: Yes.History:Evaluation: Good condition: Paver roadways and/or parking sections determined to be in good condition typically exhibit an evenand positively sloped surface. No obvious trip hazards or significant cracking or damage. Good aesthetic appeal. As routinemaintenance, pavers should be inspected to identify any physical issues such as lifting, cracking, and excessive surface wear. Werecommend maintaining a small amount of spare pavers on site for replacement in the event of breakage. At long intervals,sunlight, weather and vehicle traffic can degrade the condition of the material, requiring replacement for structural and/or aestheticreasons. Schedule shown here may be updated based on the aesthetic preferences of the association and standards in the localarea. Some associations choose to apply a sealer coat, which may help preserve and/or enhance aesthetic appeal.
Cost Source: ARI Cost Database
Location: Throughout associationFunded?: No.History:Evaluation: In most cases, underground utility infrastructure for water/sewer, gas, cable, electricity, etc, should have an indefiniteuseful life with no predictable timeline for major repairs/replacement. Localized failures and required repairs are nearly alwaysaddressed on an "as-needed" basis, usually as an Operating expense. The scope and frequency of required repairs orreplacements is too unpredictable to merit Reserve funding at this time. However, if the club is concerned with conditions of thesystem and potential scope of work for repair/replacement, we recommend further inspection by others. If additional information isobtained and a scope of work is established, this component should be re-evaluated and Reserve funding added as needed.
Cost Source:
Association Reserves, 4-0 5/16/201854
Comp #: 414 Flag Pole - Replace Quantity: (1) Flag Pole
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 1,500
Lower estimate
Worst Case: $ 2,500
Higher estimate
Comp #: 501 Perimeter Block Walls - Repair Quantity: Approx 8750 LF
Useful Life:1 years
Remaining Life:0 years
Best Case: $ 13,000 Worst Case: $ 16,000
Location: Common areaFunded?: Yes.History:Evaluation: Good condition: Flag poles determined to be in good condition typically exhibit good surface finishes and are standingstraight with no tilting/leaning. Appropriate for local aesthetic standards. Flag poles should have a very long useful life withminimal maintenance required. Inspect and repair as needed as an Operating expense, and plan to replace at the approximateinterval shown below. Unless otherwise noted, costs to replace are based on replacing with a comparable size and style.
Cost Source: ARI Cost Datebase
Location:Funded?: Yes.History:Evaluation: An annual allowance has been provided to repair the perimeters walls. Monitor and adjust Reserve Study asnecessary.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201855
Comp #: 503 Metal Railing - Replace Quantity: Approx 1,000 LF
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 35,000
Lower estimate
Worst Case: $ 45,000
Higher estimate
Location: Throughout the common areaFunded?: Yes.History: OriginalEvaluation: Good condition: Metal fencing determined to be in good physical/structural condition is stable and upright, with nosigns or reports of damage or required repairs. All components and hardware appear to be in serviceable condition with nounusual or advanced signs of wear or age. Fencing is in good aesthetic condition. In our experience, metal fencing will typicallyeventually break down due to a combination of sun and weather exposure, which is sometimes exacerbated by other factors suchas irrigation overspray, abuse and lack of preventive maintenance. For some types of fencing, complete replacement is advisableover recoating or refinishing due to relatively short lifespan of coatings and consideration of total life-cycle cost.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201856
Comp #: 713 Trash Enclosures - Replace Quantity: (2) Enclosures
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 3,000
Lower estimate to replace
Worst Case: $ 5,000
Higher estimate
Location: Common areasFunded?: Yes.History:Evaluation: Good condition: Trash enclosures determined to be in good condition exhibit attractive, consistent finishes with nosignificant wear or signs of abuse. If present, gates are intact and functional with no severe deterioration of hardware. Trashenclosures should be cleaned and inspected regularly, and repaired as needed to ensure safety and good function. Enclosuresleft to deteriorate can become an eyesore and will have a negative effect on the aesthetic value in the common areas. Due toexposed location and occasional damage from garbage trucks, trash enclosures generally require replacement at the intervalshown here.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201857
Comp #: 802 Pole Lights - Replace Quantity: (20) Poles/Fixtures
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 20,000
Lower estimate
Worst Case: $ 28,000
Higher estimate
Comp #: 803 Landscape Lights - Replace Quantity: Numerous Fixtures
Useful Life:
Remaining Life:
Best Case: Worst Case:
Location: Parking Lot and Miscellaneous areasFunded?: Yes.History: OriginalEvaluation: Good condition: Pole lights determined to be in good condition typically exhibit good surface finishes with only minor,normal signs of wear. Fixtures are intact and clear with no unusual signs of age. Style is consistent and appropriate for localaesthetic standards. Observed during daylight hours; assumed to be in functional operating condition. As routine maintenance,inspect, repair/change bulbs as needed. Best to plan for large scale replacement at roughly the time frame below for costefficiency and consistent quality/appearance throughout Association. Replacement costs can vary greatly; estimates shown hereare based on replacement with a comparable size and design, unless otherwise noted.
Cost Source: ARI Cost Database
Location: Throughout the country clubFunded?: No.History:Evaluation: Observed during daylight hours and assumed to be functional. Individual replacement costs typically do not meetthreshold for Reserve funding. Landscape light fixtures are generally considered to have little to no aesthetic value and do nottypically need to be replaced all at one time. Repairs and replacements should be made as needed and considered to be anOperating expense. If a pattern of larger expenses develops over time, Reserve funding recommendations may be incorporatedduring future Reserve Study updates.
Cost Source:
Association Reserves, 4-0 5/16/201858
Comp #: 804 Bollard Lights - Replace Quantity: (20) Fixtures
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 18,000
Lower estimate
Worst Case: $ 22,000
Higher estimate
Location: Throughout common areaFunded?: Yes.History: OriginalEvaluation: Good condition: Bollard lights determined to be in good condition typically exhibit good surface finishes with onlyminor, normal signs of wear. Fixtures are intact and clear with no unusual signs of age. Style is consistent and appropriate forlocal aesthetic standards. Inspected during daylight hours; assumed to be in functional operating condition. As routinemaintenance, inspect, repair/change bulbs as needed. Best to plan for large scale replacement at roughly the time frame below forcost efficiency and consistent quality/appearance throughout association. Replacement costs can vary greatly; estimates shownhere are based on replacement with a comparable size and design, unless otherwise noted.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201859
Comp #: 1107 Metal Railing - Repaint Quantity: Approx 1,000 LF
Useful Life:5 years
Remaining Life:2 years
Best Case: $ 10,000
Lower estimate
Worst Case: $ 12,000
Higher estimate
Comp #: 1114 Perimeter Block Walls - Repaint Quantity: Approx 65000 GSF
Useful Life:5 years
Remaining Life:0 years
Best Case: $ 29,000 Worst Case: $ 36,000
Location: Common areaFunded?: Yes.History:Evaluation: Good condition: Metal fencing determined to be in good condition typically exhibits a uniform coating or surface finishwithout any noticeable corrosion or rust. Color and appearance is consistent over most/all areas. No specific recommendation forfunding for painting or re-coating, which is expected to be completed as needed as an Operating expense, or as part of scope ofwork for larger painting projects within the development. Metal fencing should be painted at the interval shown here in order toinhibit or delay onset of rust/corrosion and prevent or minimize costly repairs. Painting not only protects the metal surface fromexcessive wear, but promotes a good, attractive appearance in the common areas. Costs can vary greatly depending on existingconditions of fencing, which will dictate amount of repair/prep work required.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The perimeter walls are unattractive and need to be painted at this time.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201860
Comp #: 1402 Monument Signs - Replace Quantity: (2) Signs
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 6,000
Lower estimate to replace
Worst Case: $ 10,000
Higher estimate
Location: Entrance to clubFunded?: Yes.History: OrginalEvaluation: Good condition: Monument signage determined to be in good condition typically exhibits good appearance andaesthetics in keeping with local area. Generally uniform and attractive finishes. If present, lettering is clean, complete and legibleand any surrounding landscaping, lighting, etc. is attractive and functioning. As routine maintenance, inspect regularly,clean/touch-up and repair as an Operating expense. Plan to refurbish or replace at the interval below. Timing and scope ofrefurbishing or replacement projects is subjective but should always be scheduled in order to maintain good curb appeal. In ourexperience, most Associations choose to refurbish or replace signage periodically in order to maintain good appearance andaesthetics in keeping with local area, often before signage is in poor physical condition. If present, concrete walls are expected tobe painted and repaired as part of refurbishing, but not fully replaced unless otherwise noted. Costs can vary significantlydepending on style/type desired, and may include additional costs for design work, landscaping, lighting, water features, etc.Reserve Study updates should incorporate any estimates or information collected regarding potential projects.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201861
Comp #: 301 Electrical System - Replace Quantity: Extensive System
Useful Life:
Remaining Life:
Best Case: Worst Case:
Clubhouse
Location: Throughout buildingFunded?: No.History:Evaluation: Detailed analysis of electrical infrastructure is not included within the scope of this Reserve Study. Some electricalsystem components used historically have been found to be life-limited, but even when component failures occur, the predictabilityof such failures in terms of frequency and scope is very difficult to determine. Manufacturing defects may become apparent fromtime to time and certain site conditions can contribute to premature deterioration of system components. Typically, if installed perarchitectural specifications and local building codes, there is no predictable time frame for large scale repair/replacementexpenses within the scope of our report. In our experience working with similar clubs, service life typically lasts well beyond ratedlife of components. Treat minor repairs as ongoing maintenance expense. Periodic inspections of distribution system by qualifiedelectrician are wise to clean and tighten, exercise breakers, etc. Some clubs employ infrared or other testing methodologies toidentify trouble spots and potential hazards. Funding may be incorporated into future Reserve Study updates if conditions dictate.Keep track of any relevant expenses and include information during future Reserve Study updates as necessary. No basis forReserve funding at this time.
Cost Source:
Association Reserves, 4-0 5/16/201862
Comp #: 303 Evaporative Coolers - Replace Quantity: (4) Systems
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 16,000
Lower estimate
Worst Case: $ 20,000
Higher estimate
Comp #: 303 HVAC Systems - Replace Quantity: (12) Units
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 180,000
Lower estimate
Worst Case: $ 240,000
Higher estimate
Location: RooftopFunded?: Yes.History:Evaluation: No major deterioration or wear was noted. Expect a full useful life.
Cost Source: ARI Cost Database
Location: Rooftop of buildingFunded?: Yes.History:Evaluation: When exact replacement date is unknown or unreported, age of the system is derived by manufacturer's serial numberor date shown on equipment unless otherwise noted. Life expectancy of HVAC systems can vary greatly depending on manyfactors including location of the property, level of preventive maintenance, manufacturer, technology/efficiency improvements, etc.We recommend that routine repairs and maintenance such as filter replacements, system flushing, etc. be budgeted as anOperating expense. Useful life can often be extended with proactive service and maintenance. Unless otherwise noted, fundingfor system with same size/capacity as the current system. For split systems, we recommend budgeting to replace the entiresystem (condensing unit and air handler) together in order to obtain better unit pricing and ensure maximum efficiency, refrigerantcompatibility, etc. If additional costs are expected during replacement, such as for system reconfiguration or expansion, ductworkrepairs, electrical work, etc. costs should be re-evaluated and adjusted as needed during future Reserve Study updates.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201863
Comp #: 304 IT Equip - Update/Replace Quantity: x System
Useful Life:
Remaining Life:
Best Case:Lower estimate
Worst Case:Higher estimate
Comp #: 305 Security System - Replace Quantity: (1) System
Useful Life:10 years
Remaining Life:2 years
Best Case: $ 25,000
Lower estimate
Worst Case: $ 35,000
Higher estimate
Location: Common areaFunded?: No.History:Evaluation: In general, costs related to this component are expected to be included in the club's Operating budget. Norecommendation for Reserve funding at this time. However, any repair and maintenance or other related expenditures should betracked, and this component should be re-evaluated during future Reserve Study updates based on most recent information anddata available at that time. If deemed appropriate for Reserve funding, component can be included in the funding plan at that time.
Cost Source: ARI Cost Database
Location: Throughout the common areaFunded?: Yes.History:Evaluation: Security/surveillance systems should be monitored closely to ensure proper function. Whenever possible, cameralocations should be protected and isolated to prevent tampering and/or theft. Typical modernization projects may include additionand/or replacement of cameras, recording equipment, monitors, software, etc. Costs assume that existing wiring can be re-usedand only the actual equipment will be replaced. In many cases, replacement or modernization is warranted due to advancement intechnology, not necessarily due to functional failure of the existing system. Keep track of any partial replacements and includecost history during future Reserve Study updates.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201864
Comp #: 306 Exhaust Fans - Repair/Replace Quantity: (9) Fans
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 31,500
Lower estimate
Worst Case: $ 40,500
Higher estimate
Location: RooftopFunded?: Yes.History:Evaluation: Fans should be inspected and serviced regularly by HVAC vendor or maintenance staff to ensure proper function andto help attain full life expectancy. This component represents a periodic allowance to repair or rebuild, replacing motors and otherparts as needed, etc. Entire fan may need to be replaced in some instances, especially in coastal locations.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201865
Comp #: 329 Fire Alarm System - Replace Quantity: (1) System
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 20,000
Lower estimate
Worst Case: $ 30,000
Higher estimate
Location: Common areaFunded?: Yes.History:Evaluation: Our inspection is for planning and budgeting purposes only; fire alarm equipment is assumed to have been designedand installed properly and is assumed to comply with all relevant building codes. Regular testing and inspections should beconducted as an Operating expense. In many cases, manufacturers discontinue support of equipment after a certain number ofyears, which may limit availability of replacement parts as the system ages. Cost estimates assume that existing wiring can be re-used and that only panel and devices will be replaced. If wiring requires replacement, estimates should be increased accordingly,but in our experience wiring should have an indefinite useful life. Cost estimates are based on quantity and type of existingequipment, not including any expansion or upgrades, which may be required. We recommend reviewing system components withfire alarm vendor on a regular basis. If expansion of system is found to be required, the Reserve Study should be updated and anyadditional costs should be factored accordingly.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201866
Comp #: 331 Water Heater - Replace Quantity: (1) Heater
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 13,500
Lower estimate
Worst Case: $ 15,500
Higher estimate
Comp #: 405 Mist System - Replace Quantity: (1) System
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 30,000
Lower estimate
Worst Case: $ 40,000
Higher estimate
Location: Utility ClosetFunded?: Yes.History:Evaluation: Water heater life expectancies can vary greatly depending on level of use, location within a building, etc. Should beinspected and repaired as needed by servicing vendor or maintenance staff. Unless otherwise noted, expected to be functional.Plan to replace at the approximate interval shown below. When evaluating replacements, we recommend choosing high-efficiencyor tankless models if possible in order to minimize energy usage.
Cost Source: ARI Cost Database
Location: Exterior patioFunded?: Yes.History:Evaluation: Not tested, bust assumed to be functional. Plan to replace on roughly the schedule below.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201867
Comp #: 411 Drinking Fountains - Replace Quantity: (2) Fountains
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 2,000
Lower estimate
Worst Case: $ 2,800
Higher estimate
Comp #: 601 Carpet - Replace Quantity: Approx 1,000 GSY
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 40,000
Lower estimate
Worst Case: $ 50,000
Higher estimate
Location: Common area; RestroomFunded?: Yes.History:Evaluation: Tested to be functional. Some visible wear. Plan to replace on the schedule below.
Cost Source: ARI Cost Database
Location: Throughout interiorsFunded?: Yes.History:Evaluation: As part of ongoing maintenance program, vacuum regularly and professionally clean as needed. Best practice is tocoordinate at same time as other interior projects whenever possible to minimize downtime and maintain consistent qualitystandard. Timing of replacements is ultimately subjective. Estimates shown here are based on our experience with similarproperties and general aesthetic qualities. Schedule can be updated/adjusted at the discretion of the Association for planningpurposes.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201868
Comp #: 606 Vinyl Flooring - Replace Quantity: Approx 800 GSF
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 13,000
Lower estimate
Worst Case: $ 15,000
Higher estimate
Comp #: 610 Tile Floor - Replace Quantity: Approx 10,000 GSF
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 180,000
Lower estimate
Worst Case: $ 240,000
Higher estimate
Location: FlooringFunded?: Yes.History:Evaluation: Inspect regularly, repair any damaged areas and clean using operating/maintenance budget. Although vinyl flooringshould have a very long useful life in this application, comprehensive replacement should eventually be expected to maintain goodaesthetic standards in the common areas. Costs can vary based on quality and style of flooring selected.
Cost Source: ARI Cost Database
Location: Kitchen, Lobby, BathroomsFunded?: Yes.History:Evaluation: As part of ongoing maintenance program, inspect regularly and repair or replace damaged sections as needed. Ifavailable, best practice is to keep a collection of replacement tiles on hand for partial replacements. With ordinary care andmaintenance, tile in interior locations can last for an extended period of time, but replacement is often warranted eventually toenhance and restore aesthetic appeal in the common areas. Replacement costs can vary greatly depending on size and type oftiles selected. Our recommendation is to replace at the approximate schedule shown here, but this schedule can be adjusted atthe Association's discretion.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201869
Comp #: 717 Exterior Windows & Doors - Replace Quantity: (1) Clubhouse
Useful Life:35 years
Remaining Life:25 years
Best Case: $ 330,000
Lower estimate
Worst Case: $ 370,000
Higher estimate
Location: Building ExteriorsFunded?: Yes.History:Evaluation: Unless otherwise noted, this component refers only to exterior windows and doors. All are assumed to have beencompliant with applicable building codes at time of installation. Inspect regularly for leaks and cracks around frame and repair asneeded. Clean tracks and ensure hardware is functional to prevent accidental damage during opening/closing. With ordinary careand maintenance, useful life is typically long but often difficult to predict. Many factors affect useful life including quality of windowcurrently installed, waterproofing details, exposure to wind and rain, etc. Individual windows and doors should be replaced as anOperating expense if damaged or broken. Plan for comprehensive replacement of all areas (unless otherwise noted) at theapproximate interval shown here. Costs are based on replacement with good quality, impact-resistant models.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201870
Comp #: 805 Exterior Lights - Replace Quantity: (30) Fixtures
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 3,000
Lower estimate
Worst Case: $ 4,500
Higher estimate
Comp #: 813 Interior Lights - Replace Quantity: xx Fixtures
Useful Life:
Remaining Life:
Best Case: Worst Case:
Location: Throughout common areaFunded?: Yes.History:Evaluation: Good condition: Exterior lights determined to be in good condition typically exhibit only minor signs of normal wear andtear, and are consistent with local aesthetic standards for the development. Observed during daylight hours, but assumed to be infunctional operating condition. As routine maintenance, clean by wiping down with an appropriate cleaner, change bulbs andrepair as needed. Best practice is to plan for replacement of all lighting together at roughly the time frame below for cost efficiencyand consistent quality/appearance throughout development. Should be coordinated with exterior painting projects wheneverpossible. Individual replacements should be considered an Operating expense. If available, an extra supply of replacement fixturesshould be kept on-site to allow for prompt replacement.
Cost Source: ARI Cost Database
Location: Throughout interiorsFunded?: No.History:Evaluation: There's no expectation to replace all this lighting at once. In general, costs related to this component are expected tobe included in the club's operating budget. No recommendation for Reserve funding at this time. However, any repair andmaintenance or other related expenditures should be tracked, and this component should be re-evaluated during future ReserveStudy updates based on most recent information and data available at that time. If deemed appropriate for Reserve funding,component can be included in the funding plan at that time.
Cost Source:
Association Reserves, 4-0 5/16/201871
Comp #: 902 Furniture - Partial Replace (Ext) Quantity: Assorted Pieces
Useful Life:2 years
Remaining Life:1 years
Best Case: $ 18,000
Lower estimate
Worst Case: $ 22,000
Higher estimate
Comp #: 902 Furniture - Partial Replace (Int) Quantity: Assorted Pieces
Useful Life:2 years
Remaining Life:1 years
Best Case: $ 26,000
Lower estimate
Worst Case: $ 34,000
Higher estimate
Location: Exterior Common areaFunded?: Yes.History:Evaluation: The useful heavily depends on the level of usage. For now, plan to replace a few pieces every few years.
Cost Source: ARI Cost Database
Location: Interior Common areaFunded?: Yes.History:Evaluation: The useful heavily depends on the level of usage. For now, plan to replace a few pieces every few years.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201872
Comp #: 902 Furniture - Replace (Main DiningRm) Quantity: (449) Assorted Pieces
Useful Life:12 years
Remaining Life:2 years
Best Case: $ 80,000
Lower estimate
Worst Case: $ 120,000
Higher estimate
Comp #: 902 Furniture/Equip - Replace (Admin) Quantity: Assorted Pieces
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 10,000
Lower estimate
Worst Case: $ 15,000
Higher estimate
Location: Dining areaFunded?: Yes.History:Evaluation: The useful heavily depends on the level of usage. For now, plan to replace on the schedule below.
Cost Source: ARI Cost Database
Location: Common areaFunded?: Yes.History:Evaluation: A general allowance has been provided to replace furniture and office equipment on roughly the schedule below.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201873
Comp #: 903 Commercial Dishwasher - Replace Quantity: (1) 17.7K Capacity
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 55,000
Lower estimate
Worst Case: $ 70,000
Higher estimate
Comp #: 903 Kitchen Equip - Replace Quantity: Assorted Pieces
Useful Life:1 years
Remaining Life:0 years
Best Case: $ 15,000
Lower estimate
Worst Case: $ 20,000
Higher estimate
Location: KitchenFunded?: Yes.History:Evaluation: Individual appliances were not tested during inspection, and are assumed to be in functional operating conditionunless otherwise noted. Useful life can vary greatly depending on level of use, quality, care and maintenance, etc. Fundingrecommendation shown here is for replacing with comparable quality commercial-grade appliances.
Cost Source: ARI Cost Database
Location: KitchenFunded?: Yes.History: Annual ReplacementsEvaluation: There is no expectation to replace all kitchen equipment at one time. An annual allowance has been provided to makereplacements as needed.
Cost Source: Allowance
Association Reserves, 4-0 5/16/201874
Comp #: 905 Sauna Heaters - Replace Quantity: (2) Heaters
Useful Life:
Remaining Life:
Best Case: Worst Case:
Comp #: 906 Sauna Rooms - Refurbish Quantity: xx Rooms
Useful Life:
Remaining Life:
Best Case: Worst Case:
Location: SaunaFunded?: No.History:Evaluation: No access to inspect as the sauna was being used at the time of the inspection. Sauna heater was not tested duringsite inspection. Should be inspected and repaired as needed as an Operating expense. Assumed to be functional and in goodworking condition. Life expectancy can be very long and will depend on level of use. Cost to replace is included with saunaremodeling component.
Cost Source:
Location:Funded?: No.History:Evaluation: No access to inspect as the sauna was being used at the time of the inspection. In our experience, refurbishingexpenses will be limited and sporadic in nature, with costs not expected to meet the threshold for Reserve funding. Inspectperiodically for damaged or splintering wood and repair as needed to ensure safety. No recommendation for Reserve funding atthis time.
Cost Source:
Association Reserves, 4-0 5/16/201875
Comp #: 908 Window Treatments - Replace Quantity: (85) Treatments
Useful Life:10 years
Remaining Life:2 years
Best Case: $ 50,000
Lower estimate
Worst Case: $ 60,000
Higher estimate
Comp #: 909 Restrooms/Locker rooms - Refurbish Quantity: (8) Assorted Rooms
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 115,000
Lower estimate
Worst Case: $ 175,000
Higher estimate
Location: Interior wallsFunded?: Yes.History:Evaluation: Appear to be attractive and functional. Plan to replace roughly on the schedule below.
Cost Source: ARI Cost Database
Location: Bathrooms throughout the clubhouseFunded?: Yes.History:Evaluation: As routine maintenance, inspect regularly and perform any needed repairs promptly utilizing general Operating funds.Typical remodeling project can include some or all of the following: replacement of plumbing fixtures, partitions, countertops,lighting, flooring, ventilation fans, accessories, décor, etc. Costs can vary greatly depending on scope of work involved. In general,estimates shown are based primarily on cosmetic remodeling, not necessarily total "gut" remodel projects unless otherwise noted.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201876
Comp #: 910 Bar - Remodel Quantity: Built-In Millwork/Decor
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 60,000
Lower estimate
Worst Case: $ 80,000
Higher estimate
Comp #: 910 Golf Pro Shop - Remodel Quantity: Built-In Millwork
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 80,000
Lower estimate
Worst Case: $ 120,000
Higher estimate
Location: Pro ShopFunded?: Yes.History:Evaluation: The bar area should be considered a significant aesthetic priority. Costs to remodel shown here may includereplacement/restoration of flooring, interior painting, lighting, furnishings, decor, etc. Costs can vary greatly depending on overallscope of work and types of finishes/furnishings selected. Comprehensive updating should be anticipated at longer intervals tomaintain a current, high-quality standard attractive to existing owners as well as potential buyers.
Cost Source: ARI Cost Database
Location: Pro ShopFunded?: Yes.History:Evaluation: The pro shop should be considered a significant aesthetic priority. Costs to remodel shown here may includereplacement/restoration of flooring, interior painting, lighting, furnishings, decor, etc. Costs can vary greatly depending on overallscope of work and types of finishes/furnishings selected. Comprehensive updating should be anticipated at longer intervals tomaintain a current, high-quality standard attractive to existing owners as well as potential buyers.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201877
Comp #: 928 A/V Equipment - Replace/Upgrade Quantity: (1) System
Useful Life:2 years
Remaining Life:1 years
Best Case: $ 8,800
Lower allowance
Worst Case: $ 12,600
Higher allowance
Comp #: 929 Ice Machine - Replace Quantity: (1) Machine
Useful Life:8 years
Remaining Life:2 years
Best Case: $ 7,000
Lower estimate
Worst Case: $ 8,000
Higher estimate
Location: InteriorsFunded?: Yes.History:Evaluation: Audio/visual equipment should be maintained and tested periodically to ensure good function. For most clubs, ongoingreplacement of individual components is treated as an Operating expense, but replacement of many (or all) system componentsmay eventually be warranted. Funding recommendation shown here is for replacement with new equipment, comparable in styleand quality to the assets noted during our site inspection.
Cost Source: ARI Cost Database
Location: Common areaFunded?: Yes.History:Evaluation: Ice machines were not tested during inspection, and are assumed to be in functional operating condition unlessotherwise noted. Cost shown is based on replacement with commercial-grade machines, including maker and bin together as onecombined project.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201878
Comp #: 1110 Interior Surfaces - Paint Quantity: Approx 26,500 GSF
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 21,200
Lower estimate to repaint
Worst Case: $ 26,500
Higher estimate
Location: InteriorsFunded?: Yes.History:Evaluation: Regular cycles of professional painting are recommended to maintain appearance. Small touch-up projects can beconducted as needed as a maintenance expense, but comprehensive painting of interior areas will restore a consistent look andquality to all areas. Best practice is to coordinate at same time as other interior projects (flooring, furnishings, lighting, etc.)whenever possible to minimize downtime and maintain consistent quality standard.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201879
Comp #: 1141 Building Exterior - Paint Quantity: Approx 25,000 GSFLocation: Building exteriorsFunded?: Yes.History:Evaluation: Fair condition: Painted exterior surfaces determined to be in fair condition typically exhibit some minor to moderatesigns of wear and age such as chalking, peeling, blistering, etc. Problems tend to develop in more exposed areas first. Hairlinecracks may be present at this stage. Overall appearance is satisfactory. There are two important reasons for painting andwaterproofing a building: to protect the structure from damage caused by exposure to the elements, and to restore or maintaingood aesthetic standards for curb appeal. As routine maintenance, we recommend that regular inspections, spot repairs andtouch-up painting be included in the operating budget. Typical paint cycles can vary greatly depending upon many factorsincluding; type of material painted, surface preparations, quality of material, application methods, weather conditions duringapplication, moisture beneath paint, and exposure to weather conditions. Proper sealant/caulking at window and door perimeters
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 56,000
Lower estimate
Worst Case: $ 69,000
Higher estimate
application, moisture beneath paint, and exposure to weather conditions. Proper sealant/caulking at window and door perimetersand other "gaps" in the building structure are critical to preventing water intrusion and resulting damage. The general rule ofthumb is that sealant/caulking should be in place wherever two dissimilar building surfaces meet, such as window frame toconcrete structure junctions. For best results, the client may want to consult with a paint company representative, buildingenvelope specialist and/or structural engineer to specify the types of materials to be used and define complete scope of workbefore bidding. In our experience, cost estimates for painting and waterproofing can vary widely, even when based on the sameprescribed scope of work. Estimates shown here should be updated and revised as needed based on actual bids obtained orproject cost history during future Reserve Study updates.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201880
Comp #: 1301 Roof (Flat) - Replace Quantity: Approx 3,500 GSF
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 23,000
Lower estimate to replace
Worst Case: $ 26,000
Higher estimate
Location: RooftopFunded?: Yes.History:Evaluation: Good condition: Built up roofs determined to be in good condition typically exhibit uniform, thick granule cover, withminimal signs of wear or deterioration. Few or no signs of ponding water. Roof appears to drain water effectively and no serious orunusual leak problems reported. Few or no signs of bubbling/blistering of the roof surface. Our inspection is limited to a visualevaluation of accessible areas and is not a substitute for a comprehensive inspection including destructive testing, sub-surfacemoisture evaluation, core sampling, etc. The typical useful life of a flat (AKA "low-slope") roof will vary depending on the quality ofthe roof system installed, weather/storm activity, and the maintenance receives throughout its life. As routine maintenance, manymanufacturers recommend professional roofing inspections at least twice annually and after storms. We generally recommendconsideration of ongoing roof maintenance contracts with professional vendors. Ongoing routine inspections by maintenancepersonnel are also advisable, to remove accumulated debris, clear drains and inspect for minor problems. Keep all drainageelements (scuppers, drains, gutters/downspouts, etc.) clear to allow proper drainage and prevent the ponding of water on the roofsurface. We also recommend using walk pads or extra roofing material to provide pathways in high-traffic areas, such as aroundany HVAC units or other equipment. Take care to minimize any penetrations in the roof system. Rooftop satellite dishes or otherequipment should not be permanently mounted into the roof if avoidable; most equipment can instead be weighed down byconcrete blocks or other ballast. All penetrations including drains, vent pipes, conduit, etc. should be carefully flashed andwaterproofed. For more information, we recommend consulting with independent roofing consultants or with organizations such asthe Roof Consultant Institute http://www.rci-online.org/ and the National Roofing Contractors Association (NRCA)http://www.nrca.net/. If the roof has a warranty, be sure to review terms and conduct proper inspections/repairs as needed to keepwarranty in force.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201881
Comp #: 1304 Roof (Tile) - Replace underlayment Quantity: Approx 18,000 GSF
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 90,000
Lower estimate to replace
Worst Case: $ 108,000
Higher estimate
Location: Clubhouse roofFunded?: Yes.History:Evaluation: The timeline for tile roof replacement is generally estimated based on the age of the roof. Remaining useful life canalso be adjusted based on inspection of any accessible areas, looking for any cracked, slipping or missing tiles, as well asconsultation with the client about history of repairs and preventive maintenance. Typical replacement includes removal andreplacement of tiles and underlayment, with repairs to any damaged substrate made as needed. Tile roofing is typically a long-lived component assuming it was properly installed and is properly maintained. The primary reason to replace tile roofs is notbased on the condition of the tiles themselves, whose main purpose is to provide a barrier for the underlayment which is theactual waterproofing layer of the roof system. As routine maintenance, many manufacturers recommend inspections at least twiceannually and after large storm events. Promptly replace any damaged/missing sections or conduct any other repair needed toensure waterproof integrity of roof. We recommend having roof inspected in greater detail (including conditions of sub-surfacematerials) by an independent roofing consultant prior to replacement. There is a wealth of information available throughorganizations such as the Roof Consultant Institute http://www.rci-online.org/ and the National Roofing Contractors Association(NRCA) http://www.nrca.net/. If the roof has a warranty, be sure to review terms and conduct proper inspections/repairs as neededto keep warranty in force.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201882
Comp #: 2550 Telephone System - Replace Quantity: (1) System
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 40,000
Lower estimate
Worst Case: $ 50,000
Higher estimate
Comp #: 2620 Point of Sale System - Replace Quantity: (11) Stations
Useful Life:8 years
Remaining Life:1 years
Best Case: $ 39,000
Lower estimate
Worst Case: $ 50,000
Higher estimate
Location: ClubhouseFunded?: Yes.History: OriginalEvaluation: Assumed to be functional. Make minor repairs as needed as an operational expense. We are planning here toeventual replace the system with upgraded and newer components. Expect a full useful life.
Cost Source: ARI Cost Database
Location: Clubhouse/RestaurantFunded?: Yes.History:Evaluation: Assumed to be functional. Make minor repairs as needed as an operational expense. We are planning here toeventual replace the system with upgraded and newer components. Expect a full useful life.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201883
Comp #: 909 Restrooms - Refurbish Quantity: (6) Restrooms
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 40,000 Worst Case: $ 50,000
Comp #: 1020 Aeration Systems - Replace Quantity: (10) EP Systems
Useful Life:25 years
Remaining Life:4 years
Best Case: $ 100,000 Worst Case: $ 150,000
Golf Course
Location: Holes 3, 6, 9, 12, 15, 18Funded?: Yes.History:Evaluation: As routine maintenance, inspect regularly and perform any needed repairs promptly utilizing general Operating funds.Typical remodeling project can include some or all of the following: replacement of plumbing fixtures, partitions, countertops,lighting, flooring, ventilation fans, accessories, décor, etc. Costs can vary greatly depending on scope of work involved. In general,estimates shown are based primarily on cosmetic remodeling, not necessarily total "gut" remodel projects unless otherwise noted.
Cost Source: ARI Cost Database
Location: Lakes/PondsFunded?: Yes.History:Evaluation: The aeration systems are older but functional. No reported problems. Repair/replace the motors as needed as anOperating expense.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201884
Comp #: 1115 Cart Path Tunnels - Repaint Quantity: Approx 5350 GSF
Useful Life:10 years
Remaining Life:8 years
Best Case: $ 7,000 Worst Case: $ 9,000
Comp #: 1115 Pump House Exterior - Repaint Quantity: Approx 6650 GSF
Useful Life:10 years
Remaining Life:8 years
Best Case: $ 4,700 Worst Case: $ 6,700
Location: Between holes #5 and #6Funded?: Yes.History: 2017Evaluation: Plan to repaint roughly on the schedule below to maintain an attractive appearance.
Cost Source: ARI Cost Database
Location: Adjacent to Hole #15Funded?: Yes.History: 2017Evaluation: The exterior paint shows no signs of excessive staining or wear.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201885
Comp #: 1301 Roof (Pump House) - Replace Quantity: Approx 615 GSF
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 5,500 Worst Case: $ 6,800
Comp #: 1402 Monuments/Signage/Rocks - Replace Quantity: (305) Assorted Fixtures
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 35,000 Worst Case: $ 45,000
Location: Adjacent to Hole #15Funded?: Yes.History:Evaluation: The asphalt/gravel roof is older and has reached an extended useful life. Signs of heavy debris build-up. Anticipatethe need to replace in the near future based on age.
Cost Source: ARI Cost Database
Location: Throughout golf courseFunded?: Yes.History:Evaluation: This component consists of (18) Hole ID Monuments; (23) Directional Monuments; (90) In-Ground Yardage Marks(Tee); (180) Tee Markers; (2) Metal Signs. Generally attractive and sturdy. Plan for full service life.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201886
Comp #: 1701 Bridges - Replace Quantity: (6) Assorted Bridges
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 81,000 Worst Case: $ 105,000
Comp #: 3002 Putting Greens - Refurbish Quantity: (18) Greens
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 620,000 Worst Case: $ 820,000
Location: Throughout golf courseFunded?: Yes.History:Evaluation: This component consists of (6) 12 X 24 Bridges that were recently replaced. Plan for full service life.
Cost Source: ARI Cost Database
Location: Each holeFunded?: Yes.History:Evaluation: No history of major renovation projects reported and generally clean, attractive and consistent conditions throughoutthe course. No barren patches or discoloration visible.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201887
Comp #: 3004 Tee Boxes - Refurbish/Redesign Quantity: (18) Holes; (90) Tees
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 554,000 Worst Case: $ 654,000
Comp #: 3005 Driving Range - Refurbish Quantity: (1) Driving range
Useful Life:10 years
Remaining Life:6 years
Best Case: $ 45,000 Worst Case: $ 55,000
Location: Each holeFunded?: Yes.History:Evaluation: No history of tee box refurbishment/redesign at the Course. Plan for major refurbishments around the 20-year mark oflife. Continue to monitor and adjust as necessary.
Cost Source: ARI Cost Database
Location: Adjacent to clubhouseFunded?: Yes.History:Evaluation: The driving range needs to be refurbished more often than tee boxes due to the level of use. Planning roughly on theschedule below.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201888
Comp #: 3006 Sand Bunkers - Renovate Quantity: (103) Assorted Bunkers
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 800,000 Worst Case: $ 850,000
Comp #: 3007 Fairways/Drainage - Repair Quantity: (18) Holes
Useful Life:1 years
Remaining Life:0 years
Best Case: $ 40,000 Worst Case: $ 60,000
Location: Throughout golf courseFunded?: Yes.History:Evaluation: Smooth, consistent features noted throughout the course. No barren areas or major erosion issues. Bunkers shouldbe refurbished periodically to restore edges, re-grade sand, etc. We will use the most recent large-scale project as timing forfuture efforts.
Cost Source: ARI Cost Database
Location: Throughout golf courseFunded?: Yes.History:Evaluation: In our experience, fairway and rough grass is replaced on a fairly regular basis. There is no expectation for completereplacement. Funding for on-going fairway, rough, slope, pond shoreline repairs & improving drainage.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201889
Comp #: 4021 Lakes - Refurbish Quantity: (7) lakes
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 1,550,000 Worst Case: $ 1,750,000
Comp #: 4051 Ice Machines - Replace Quantity: (2) Manitowac
Useful Life:10 years
Remaining Life:4 years
Best Case: $ 16,000 Worst Case: $ 19,000
Location: Throughout common areaFunded?: Yes.History:Evaluation: No reported problems with the pond or stream beds. The beds are maintained on a regular basis as an Operatingexpense. This component provides funding for periodic major refurbishment - liner repair/replacement, dredging, tree removal,stream configuration, etc.
Cost Source: ARI Cost Database
Location: Holes #4, 15Funded?: Yes.History:Evaluation: Assumed to be functional, plan to replace on the schedule below.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201890
Comp #: 4203 Picker & Cart - Replace Quantity: (1) EZ-Go
Useful Life:6 years
Remaining Life:2 years
Best Case: $ 15,000 Worst Case: $ 16,000
Comp #: 4205 Range Ball Dispenser - Replace Quantity: (1) Automated unit
Useful Life:7 years
Remaining Life:6 years
Best Case: $ 9,600 Worst Case: $ 10,000
Location:Funded?: Yes.History:Evaluation: Functional with no problems reported. Plan to replace on roughly the schedule below.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: Functional with no problems reported. Plan to replace on roughly the schedule below.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201891
Comp #: 4210 Rental Clubs - Replace Quantity: (12) Sets
Useful Life:5 years
Remaining Life:2 years
Best Case: $ 9,000 Worst Case: $ 12,000
Comp #: 4301 Cart Fleet - Replace Quantity: (49) total carts
Useful Life:3 years
Remaining Life:2 years
Best Case: $ 196,000 Worst Case: $ 245,000
Location:Funded?: Yes.History:Evaluation: Planning to replace all sets of rental clubs on roughly the schedule below.
Cost Source: ARI Cost Database
Location: Main GarageFunded?: Yes.History: 2018Evaluation: The cart fleet is reportedly replaced about every 3 years.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201892
Comp #: 205 Concrete Driveway/Lot - Repair Quantity: Approx 74000 GSF
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 89,000 Worst Case: $ 111,000
Comp #: 209 Concrete Floors (garage) - Recoat Quantity: Approx 6300 GSF
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 9,500 Worst Case: $ 12,600
Maintenance Yard
Location:Funded?: Yes.History:Evaluation: This is a long-life component with no expectation for complete replacement. Funding for periodic partialrepair/replacement projects. The frequency and scale of future projects may increase as the concrete ages.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The concrete garage floors are showing heavy staining and peeling. It was reported that these floors will be recoatedin the near future.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201893
Comp #: 303 Evaporative Cooler (Maint Bldg) - A Quantity: (1) Phoenix 8800 CFM
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 3,000 Worst Case: $ 4,000
Comp #: 303 Evaporative Cooler (Maint Bldg) - B Quantity: (1) Cooler
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 3,000 Worst Case: $ 4,000
Location:Funded?: Yes.History:Evaluation: This system is newer and in good condition. No reported problems. Serial # 2588039.
Cost Source: ARI Cost Database
Location: RoofFunded?: Yes.History:Evaluation: There is an older cooler on the Maintenance Building roof. Anticipate the need to replace in the near future based onage.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201894
Comp #: 303 Evaporative Cooler (Storage) - Repl Quantity: (1) SoutherAir System
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 3,000 Worst Case: $ 4,000
Comp #: 303 Rooftop Package Systems - Replace Quantity: (2) BDP Systems
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 18,000 Worst Case: $ 24,000
Location:Funded?: Yes.History:Evaluation: The system is older but reported to be functional. No signs of damage or corrosion.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: (1) 5-Ton & (1) 6-Ton. Both systems have reached extended useful lives. Anticipate the need to replace in the nearfuture based on age.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201895
Comp #: 305 Security Camera System - Replace Quantity: (1) System
Useful Life:8 years
Remaining Life:1 years
Best Case: $ 8,500 Worst Case: $ 10,000
Comp #: 306 Exhaust Fans - Replace Quantity: (2) Fan Systems
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 7,000 Worst Case: $ 9,000
Location:Funded?: Yes.History:Evaluation: Systems should be monitored closely to ensure proper function. Whenever possible, camera locations should beprotected and isolated to prevent tampering and/or theft. Typical modernization projects may include addition and/or replacementof cameras, recording equipment, monitors, software, etc...We will plan for periodic system upgrades.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: Fans should be inspected and serviced regularly by HVAC vendor or maintenance staff to ensure proper function andto help attain full life expectancy. Motor repair/replacement is typically completed as an Operating expense. At longer intervals, werecommend complete replacement of all fans together to obtain better pricing through economies of scale. Pricing shown is basedon replacement with same type/capacity as those currently in place.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201896
Comp #: 329 Fire Alarm System - Replace Quantity: (1) System
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 20,000 Worst Case: $ 30,000
Comp #: 331 Water Heater - Replace A Quantity: (1) Bradford White 65 Ga
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 2,000 Worst Case: $ 3,000
Location:Funded?: Yes.History:Evaluation: This component consists of (164) Sprinklers; (1) Smoke Detectors; (14) Extinguishers; (1) Pull Stations; (2) Bells. Ourinspection is for planning and budgeting purposes only; fire alarm equipment is assumed to have been designed and installedproperly and is assumed to comply with all relevant building codes. Regular testing and inspections should be conducted as anOperating expense. In many cases, manufacturers discontinue support of equipment after a certain number of years, which maylimit availability of replacement parts as the system ages. Cost estimates assume that existing wiring can be re-used and that onlypanel and devices will be replaced. If wiring requires replacement, estimates should be increased accordingly, but in ourexperience wiring should have an indefinite useful life. Cost estimates are based on quantity and type of existing equipment, notincluding any expansion or upgrades, which may be required. We recommend reviewing system components with fire alarmvendor on a regular basis. If expansion of system is found to be required, the Reserve Study should be updated and anyadditional costs should be factored accordingly.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The water heater is older but functional. No signs of corrosion. Anticipate the need to replace in the near future basedon age. Serial # ZC2873846. Electric.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201897
Comp #: 331 Water Heater - Replace B Quantity: (1) AO Smith Heater
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 1,000 Worst Case: $ 1,300
Comp #: 502 Chain Link Fence - Replace Quantity: Approx 170 LF
Useful Life:35 years
Remaining Life:25 years
Best Case: $ 3,100 Worst Case: $ 4,100
Location:Funded?: Yes.History:Evaluation: The water-heater is older but functional. No reported problems. No signs of corrosion. This heater service the officerestroom.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The chain link fencing is original but intact. Low maintenance, low aesthetic value item. Useful life has been extended.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201898
Comp #: 601 Carpet - Replace Quantity: Approx 111 GSY
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 4,400 Worst Case: $ 5,600
Comp #: 606 Vinyl Flooring - Replace Quantity: Approx 2820 GSF
Useful Life:15 years
Remaining Life:0 years
Best Case: $ 23,000 Worst Case: $ 28,000
Location:Funded?: Yes.History:Evaluation: The carpeting is faded and aged in appearance. Poor condition.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The vinyl floors are in fair to poor condition. The locker rooms are in bad shape.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/201899
Comp #: 705 Gate Operator - Replace Quantity: (1) Liftmaster slider
Useful Life:10 years
Remaining Life:3 years
Best Case: $ 3,200 Worst Case: $ 3,800
Comp #: 717 Exterior Doors & Windows - Replace Quantity: Assorted Fixtures
Useful Life:35 years
Remaining Life:25 years
Best Case: $ 55,000 Worst Case: $ 65,000
Location:Funded?: Yes.History:Evaluation: We recommend regular inspections (including service and repair as needed) be paid through the Operating budget.Even with ongoing maintenance, plan for replacement at typical life expectancy indicated below. Useful life can vary greatlydepending on level of use, exposure to the elements, etc. Monitor actual expenses closely for future Reserve Study updates.Unless otherwise noted, funding to replace with similar units.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: This component consists of (7) 13 Ft. Roll Doors; (8) Metal Doors; (3) Glass/Metal Doors. Noted to be original fixtureswith normal fading, grime and denting visible on the Roll Doors. Windows consist of (7) 5 X 4; (1) 6 X 4. Windows should beperiodically recaulked in order to prevent water intrusion. This should be done either as an operational expense, or in conjunctionwith the building exterior seal/paint project. Funding has been provided for a complete replacement of the windows.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018100
Comp #: 720 Metal Gates/Pole Lights - Replace Quantity: Assorted Fixtures
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 53,000 Worst Case: $ 59,000
Comp #: 850 Air Compressor - Replace Quantity: (1) Challenge Air 7.5 HP
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 5,000 Worst Case: $ 6,000
Location:Funded?: Yes.History:Evaluation: This component consists of (2) 20 Ft. Gates; (4) Trash Gates; (2) 12 Ft. Gates; (1) 28' Gate; (2) Pole Lights. Stableconditions overall with normal elements of grime and weathering from exterior exposure. Plan for full service life.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The air compressor is original and has reached an extended useful life. Anticipate the need to replace in the nearfuture based on age.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018101
Comp #: 902 Furniture - Partial Replace (Int) Quantity: Assorted Pieces
Useful Life:2 years
Remaining Life:0 years
Best Case: $ 10,500 Worst Case: $ 13,000
Comp #: 903 Appliances - Replace Quantity: Assorted Fixtures
Useful Life:10 years
Remaining Life:1 years
Best Case: $ 9,000 Worst Case: $ 9,400
Location:Funded?: Yes.History:Evaluation: This component consists of (7) Filing Cabinets; (9) Office Chairs; (6) Office Desks; (34) Cafeteria Chairs; (8) CafeteriaTables. Generally aged pieces throughout the building. Plan for periodic replacements for function and aesthetics.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: This component consists of (1) Ice Machine; (1) Beverage Refrigerator; (2) Refrigerators; (5) Microwaves. Agedpieces notable but no major function issues reported. Plan to replace in the near future.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018102
Comp #: 904 Kitchen/Office Millwork - Remodel Quantity: Approx 95 LF
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 25,000 Worst Case: $ 30,000
Comp #: 907 Acoustic Ceiling Tiles - Replace Quantity: Approx 2500 GSF
Useful Life:35 years
Remaining Life:25 years
Best Case: $ 15,000 Worst Case: $ 17,500
Location:Funded?: Yes.History:Evaluation: The Employee Kitchen consists of 19 LF of upper cabinets, 14 LF of laminate countertops & 14 LF of base cabinets.The office consists of 32 LF of built-in countertops & (8) built-in cabinets. The cabinetry is aged and in fair condition.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: Sections are showing heavy staining and wear. The ceiling tiles are intact. Replace individual tiles as needed as anOperating expense. Funding for eventual complete replacement.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018103
Comp #: 908 Window Treatments - Replace Quantity: (8) Treatments
Useful Life:10 years
Remaining Life:2 years
Best Case: $ 3,200 Worst Case: $ 4,800
Comp #: 909 Restrooms/Locker Rooms - Refurbish Quantity: (3) Assorted Rooms
Useful Life:15 years
Remaining Life:0 years
Best Case: $ 50,000 Worst Case: $ 70,000
Location:Funded?: Yes.History:Evaluation: The window treatments are intact and functional. No need to replace at this time.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: (2) locker room/restroom comboes & (1) sm restroom. This component consists of (5) Toilets; (3) Urinals; Approx 42LF Partitions; (4) Mirrors; (10) Toilet Paper/Seat Cover Dispensers; (4) Paper Towel Dispensers; (4) Shower Sets w/250 GSF ofTile Walls; (5) Soap Dispensers; Approx 23 LF Handicap Rails; (1) Emergency Wash Station; (128) Regular Lockers; (18) FootLockers; (3) 8 LF laminate countertops. Poor conditions notable with major grime, wear and generally unattractive conditions. Thisproject should be anticipated in the near future. Refer to #606 for Vinyl Floors
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018104
Comp #: 1110 Interior Surfaces - Repaint Quantity: Approx 16770 GSF
Useful Life:10 years
Location:Funded?: Yes.History:Evaluation: Regular cycles of professional painting are recommended to maintain appearance. Small touch-up projects can beconducted as needed as a maintenance expense, but comprehensive painting of interior areas will restore a consistent look andquality to all areas. Best practice is to coordinate at same time as other interior projects (flooring, furnishings, lighting, etc.)whenever possible to minimize downtime and maintain consistent quality standard.
Remaining Life:0 years
Best Case: $ 11,700 Worst Case: $ 16,800
Comp #: 1114 Perimeter Block Walls - Repaint Quantity: Approx 28200 GSF
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 12,700 Worst Case: $ 15,500
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: Signs of moderate staining and grime. Cycling this project with the repainting of the building exteriors (#1115) tomaintain a uniform appearance and to lower the overall cost of repainting.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018105
Comp #: 1115 Building Exteriors - Repaint Quantity: Approx 11100 GSF
Useful Life:10 years
Remaining Life:0 years
Best Case: $ 11,100 Worst Case: $ 16,700
Comp #: 1301 Flat Roof - Replace Quantity: Approx 9700 GSF
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 63,000 Worst Case: $ 73,000
Location:Funded?: Yes.History:Evaluation: Signs of staining and surface wear. Funding to repaint all building exteriors at the same time to maintain a uniformappearance and to lower the overall cost of repainting. Project should be cycled with the repainting of the perimeter block walls(#1114).
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: Our inspection is limited to a visual evaluation of accessible areas and is not a substitute for a comprehensiveinspection including destructive testing, sub-surface moisture evaluation, core sampling, etc. The typical useful life of a flat (AKAlow-slope") roof will vary depending on the quality of the roof system installed
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018106
Comp #: 1309 Metal Roof (carport) - Replace Quantity: Approx 1920 GSF
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 23,000 Worst Case: $ 29,000
Comp #: 1311 Skylights - Replace Quantity: (18) 2'x8' Skylights
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 14,400 Worst Case: $ 18,000
Location:Funded?: Yes.History:Evaluation: The metal carport roof appears to be intact and aging normally. No signs of damage or corrosion.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The skylights are intact and aging normally. No signs of cracking. No reports of water intrusion.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018107
Comp #: 1330 Roof Access Hatch - Replace Quantity: (1) Metal Hatch
Useful Life:30 years
Remaining Life:20 years
Best Case: $ 1,500 Worst Case: $ 2,000
Comp #: 1818 Fuel Tank System - Replace Quantity: (1) 2000 Gallon System
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 9,600 Worst Case: $ 10,000
Location:Funded?: Yes.History:Evaluation: The roof access hatch is intact and functional. No signs of damage. Funding for eventual replacement to maintainsafety.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: Tank should be inspected frequently for leaks or other problems and repaired immediately for safety reasons. At longintervals, complete replacement of tank(s) and related controls and pump equipment should be expected. Costs shown hereanticipate replacement with similar size. System includes (2) gas pumps.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018108
Comp #: 1900 Vehicle Lifts - Replace Quantity: (2) Lifts
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 20,000 Worst Case: $ 25,000
Location:Funded?: Yes.History:Evaluation: (1) Western 7000 lbs vehicle lift & (1) golf cart lift. The vehicle lifts were not tested during inspection but reported to befunctional.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018109
Comp #: 3101 Aerator - Replace A Quantity: (1) Redexim Verti-Drain
Useful Life:12 years
Remaining Life:2 years
Best Case: $ 16,000 Worst Case: $ 20,000
Comp #: 3101 Aerators - Replace B Quantity: (2) Toros Procore 648
Useful Life:12 years
Remaining Life:3 years
Best Case: $ 40,000 Worst Case: $ 52,000
Maintenance Equipment
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018110
Comp #: 3101 Aerators - Replace C Quantity: (2) AerWays and (1) Toro
Useful Life:12 years
Remaining Life:9 years
Best Case: $ 60,000 Worst Case: $ 78,000
Comp #: 3101 Water Injector- Replace Quantity: (1) Toro HydroJect 3010
Useful Life:12 years
Remaining Life:0 years
Best Case: $ 16,000 Worst Case: $ 20,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018111
Comp #: 3102 Backhoe Loader - Replace Quantity: (1) John Deere 310K EP
Useful Life:12 years
Remaining Life:11 years
Best Case: $ 95,000 Worst Case: $ 103,000
Comp #: 3104 Blowers - Replace Quantity: (3) Toro Pro Force
Useful Life:5 years
Remaining Life:1 years
Best Case: $ 19,500 Worst Case: $ 23,400
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018112
Comp #: 3108 Compressor - Replace Quantity: (1) Medium Unit
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 6,500 Worst Case: $ 8,000
Comp #: 3109 Accu-Pro Reel Grinder - Replace Quantity: (1) 632 ACCU-Pro
Useful Life:10 years
Remaining Life:1 years
Best Case: $ 45,000 Worst Case: $ 59,500
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018113
Comp #: 3109 Anglemaster Bedknife Grinder Quantity: (1) Grinder
Useful Life:10 years
Remaining Life:9 years
Best Case: $ 25,000 Worst Case: $ 29,000
Comp #: 3109 Express Dual Reel Grinder Quantity: (1) Grinder
Useful Life:10 years
Remaining Life:9 years
Best Case: $ 25,000 Worst Case: $ 29,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018114
Comp #: 3119 Gator Vehicles - Replace Quantity: (8) Gators
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 96,000 Worst Case: $ 112,000
Comp #: 3119 John Deere ProGators - Replace Quantity: (3) Utility Carts
Useful Life:10 years
Remaining Life:2 years
Best Case: $ 24,000 Worst Case: $ 36,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018115
Comp #: 3121 GMC Sierra Truck - Replace Quantity: (1) Truck
Useful Life:10 years
Remaining Life:6 years
Best Case: $ 22,000 Worst Case: $ 27,000
Comp #: 3122 Ford Dump Truck - Replace Quantity: (1) Dump Truck
Useful Life:15 years
Remaining Life:8 years
Best Case: $ 36,000 Worst Case: $ 44,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018116
Comp #: 3123 Carryall Utility Carts - Replace Quantity: (5) Carryalls
Useful Life:12 years
Remaining Life:2 years
Best Case: $ 43,750 Worst Case: $ 47,500
Comp #: 3123 EZ-Go Utility Carts - Replace Quantity: (2) EZGO carts
Useful Life:12 years
Remaining Life:3 years
Best Case: $ 22,000 Worst Case: $ 23,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018117
Comp #: 3124 Workman Utility Vehicles (2012) Quantity: (7) Vehicles
Useful Life:10 years
Remaining Life:3 years
Best Case: $ 105,000 Worst Case: $ 140,000
Comp #: 3124 Workman Utility Vehicles (2013) Quantity: (4) Vehicles
Useful Life:10 years
Remaining Life:4 years
Best Case: $ 60,000 Worst Case: $ 80,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018118
Comp #: 3124 Workman Utility Vehicles (2014) Quantity: (3) Vehicles
Useful Life:10 years
Remaining Life:5 years
Best Case: $ 45,000 Worst Case: $ 60,000
Comp #: 3124 Workman Utility Vehicles (2015) Quantity: (1) Vehicle
Useful Life:10 years
Remaining Life:6 years
Best Case: $ 15,000 Worst Case: $ 20,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018119
Comp #: 3124 Workman Utility Vehicles (2016) Quantity: (8) Vehicles
Useful Life:10 years
Remaining Life:7 years
Best Case: $ 120,000 Worst Case: $ 160,000
Comp #: 3125 T-Mag Trucks - Replace Quantity: (3) Trucks
Useful Life:7 years
Remaining Life:0 years
Best Case: $ 36,000 Worst Case: $ 37,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018120
Comp #: 3127 Turf Sprayers - Replace (2016) Quantity: (2) Toro Multi Pros
Useful Life:10 years
Remaining Life:9 years
Best Case: $ 135,000 Worst Case: $ 141,000
Comp #: 3128 Top Dresser - Replace (2014) Quantity: (1) Toro ProPass 200
Useful Life:6 years
Remaining Life:1 years
Best Case: $ 15,000 Worst Case: $ 20,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018121
Comp #: 3128 Top Dresser - Replace (2016) Quantity: (1) Toro MH-400
Useful Life:6 years
Remaining Life:3 years
Best Case: $ 15,000 Worst Case: $ 20,000
Comp #: 3129 Sand Rakers - Replace (2011) Quantity: (2) Toro Sand Pros 3040
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 27,000 Worst Case: $ 33,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018122
Comp #: 3129 Sand Rakers - Replace (2015) Quantity: (3) Toro Sand Pros 3040
Useful Life:8 years
Remaining Life:4 years
Best Case: $ 40,500 Worst Case: $ 49,500
Comp #: 3130 Greensmasters 3150D Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 70,000 Worst Case: $ 92,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018123
Comp #: 3130 Greensmasters 3250D Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 70,000 Worst Case: $ 92,000
Comp #: 3130 Greensmasters 3300 TriFlex (2012) Quantity: (4) Mowers
Useful Life:8 years
Remaining Life:1 years
Best Case: $ 140,000 Worst Case: $ 184,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018124
Comp #: 3130 Greensmasters 3300 TriFlex (2013) Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:2 years
Best Case: $ 70,000 Worst Case: $ 92,000
Comp #: 3130 Greensmasters 3300 TriFlex (2014) Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:3 years
Best Case: $ 140,000 Worst Case: $ 184,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018125
Comp #: 3130 Greensmasters 3300 TriFlex (2015) Quantity: (7) Mowers
Useful Life:8 years
Remaining Life:4 years
Best Case: $ 245,000 Worst Case: $ 322,000
Comp #: 3130 Greensmasters 3300 TriFlex (2016) Quantity: (4) Mowers
Useful Life:8 years
Remaining Life:5 years
Best Case: $ 140,000 Worst Case: $ 184,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018126
Comp #: 3130 Greensmasters Flex 21 Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:3 years
Best Case: $ 20,000 Worst Case: $ 30,000
Comp #: 3130 Greensmasters Flex 2100 Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:5 years
Best Case: $ 20,000 Worst Case: $ 30,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018127
Comp #: 3130 Groundsmasters 4700-D (A) Quantity: (4) Mowers
Useful Life:8 years
Remaining Life:7 years
Best Case: $ 280,000 Worst Case: $ 328,000
Comp #: 3130 Groundsmasters 4700-D (B) Quantity: (4) Mowers
Useful Life:8 years
Remaining Life:7 years
Best Case: $ 280,000 Worst Case: $ 328,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018128
Comp #: 3130 Reelmasters 3100-D (2011) Quantity: (2) Mowers
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 70,000 Worst Case: $ 92,000
Comp #: 3130 Reelmasters 3100-D (2013) Quantity: (1) Mower
Useful Life:8 years
Remaining Life:2 years
Best Case: $ 35,000 Worst Case: $ 46,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018129
Comp #: 3130 Reelmasters 3100-D (2015) Quantity: (2) Mowers
Useful Life:8 years
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Remaining Life:4 years
Best Case: $ 70,000 Worst Case: $ 92,000
Comp #: 3130 Reelmasters 4000-D Quantity: (1) Mower
Useful Life:8 years
Remaining Life:0 years
Best Case: $ 35,000 Worst Case: $ 46,000
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018130
Comp #: 3130 Reelmasters 5010-H Quantity: (4) Mowers
Useful Life:8 years
Remaining Life:6 years
Best Case: $ 140,000 Worst Case: $ 184,000
Comp #: 3130 Reelmasters 7000-D (2013) Quantity: (1) Mower
Useful Life:8 years
Remaining Life:2 years
Best Case: $ 35,000 Worst Case: $ 46,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018131
Comp #: 3130 Reelmasters 7000-D (2017) Quantity: (3) Mowers
Useful Life:8 years
Remaining Life:6 years
Best Case: $ 105,000 Worst Case: $ 138,000
Comp #: 3131 Spreaders - Replace Quantity: (3) Lely
Useful Life:15 years
Remaining Life:7 years
Best Case: $ 24,000 Worst Case: $ 31,500
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018132
Comp #: 3132 Speed Roller - Replace Quantity: (1) Speed Roller
Useful Life:12 years
Remaining Life:6 years
Best Case: $ 12,000 Worst Case: $ 15,000
Comp #: 3133 Seeder - Replace Quantity: (1) Land Pride Seeder
Useful Life:12 years
Remaining Life:5 years
Best Case: $ 9,000 Worst Case: $ 10,500
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation:
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018133
Comp #: 3135 Sweeper (Tennant) - Replace (2016) Quantity: (1) Tennant 810 Sweeper
Useful Life:8 years
Remaining Life:5 years
Best Case: $ 30,600 Worst Case: $ 36,600
Comp #: 3135 Sweeper (Toro) - Replace (2013) Quantity: (1) Rac 0 Vac Sweeper
Useful Life:8 years
Remaining Life:2 years
Best Case: $ 30,600 Worst Case: $ 36,600
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018134
Comp #: 3135 Sweeper (Toro) - Replace (2017) Quantity: (1) Rac 0 Vac Sweeper
Useful Life:8 years
Remaining Life:6 years
Best Case: $ 30,600 Worst Case: $ 36,600
Comp #: 3137 Tire Changer - Replace Quantity: (1) unit
Useful Life:15 years
Remaining Life:15 years
Best Case: $ 6,400 Worst Case: $ 8,400
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018135
Comp #: 3140 Tractor - Replace (2006) Quantity: (1) Kubota M4900
Useful Life:15 years
Remaining Life:2 years
Best Case: $ 30,000 Worst Case: $ 38,800
Comp #: 3140 Tractor - Replace (2007) Quantity: (1) Kubota M4900
Useful Life:15 years
Remaining Life:3 years
Best Case: $ 30,000 Worst Case: $ 38,800
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018136
Comp #: 3140 Tractor - Replace (2009) Quantity: (1) Kubota M5040
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 30,000 Worst Case: $ 38,800
Comp #: 3140 Tractor - Replace (2011) Quantity: (1) Kubota M5040
Useful Life:15 years
Remaining Life:7 years
Best Case: $ 30,000 Worst Case: $ 38,800
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018137
Comp #: 3140 Tractor - Replace (2012) Quantity: (1) John Deere Utility
Useful Life:15 years
Remaining Life:8 years
Best Case: $ 30,000 Worst Case: $ 38,800
Comp #: 3140 Tractor - Replace (2016) Quantity: (1) Kubota M6060
Useful Life:15 years
Remaining Life:12 years
Best Case: $ 30,000 Worst Case: $ 38,800
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018138
Comp #: 3140 Tractor - Replace (2018) Quantity: (1) John Deere Utility
Useful Life:15 years
Remaining Life:14 years
Best Case: $ 30,000 Worst Case: $ 38,800
Comp #: 3140 Tractors - Replace (2010) Quantity: (2) Kubota Tractors
Useful Life:15 years
Remaining Life:6 years
Best Case: $ 60,000 Worst Case: $ 77,600
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018139
Comp #: 3142 Forklift - Replace (2018) Quantity: (1) Forklift
Useful Life:15 years
Remaining Life:14 years
Best Case: $ 38,000 Worst Case: $ 55,000
Comp #: 3145 Gearemore Trailer - Replace (2010) Quantity: (1) Trailer
Useful Life:15 years
Remaining Life:6 years
Best Case: $ 7,500 Worst Case: $ 10,500
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018140
Comp #: 3145 Gearmore Trailers - Replace (2012) Quantity: (2) Gearmor dump trailers
Useful Life:15 years
Remaining Life:8 years
Best Case: $ 15,000 Worst Case: $ 21,000
Comp #: 3145 Trailer - Replace (2009) Quantity: (1) Trailer
Useful Life:15 years
Remaining Life:5 years
Best Case: $ 7,500 Worst Case: $ 10,500
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018141
Comp #: 3145 Trailer - Replace (2013) Quantity: (1) Trailer
Useful Life:15 years
Remaining Life:9 years
Best Case: $ 7,500 Worst Case: $ 10,500
Comp #: 3172 Flail - Replace Quantity: (1) pull-behind flail
Useful Life:10 years
Remaining Life:3 years
Best Case: $ 21,000 Worst Case: $ 25,000
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The inventory of golf course and maintenance equipment was provided to us by the client. Useful lives and costs areall estimated by the client.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018142
Comp #: 825 Weather Station - Replace Quantity: (1) RainBird Station
Useful Life:10 years
Remaining Life:2 years
Best Case: $ 17,300 Worst Case: $ 19,300
Comp #: 912 Irrigation Computer - Replace Quantity: (1) RainBird System
Useful Life:5 years
Remaining Life:
Best Case: $ 525 Worst Case: $ 575
Irrigation
Location:Funded?: Yes.History:Evaluation: No signs of damage or abuse. No reported problems. This component includes the 900 MHZ radio communication forthe station.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History: 2016Evaluation: Installed in 2016. No reported problems.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018143
Comp #: 1003 Irrigation Controllers - Replace Quantity: (102) Assorted Controller
Useful Life:12 years
Remaining Life:2 years
Best Case: $ 145,000 Worst Case: $ 165,000
Comp #: 1004 Irrigation Interface Modules - Repl Quantity: (2) RainBird MIM Systems
Useful Life:12 years
Remaining Life:2 years
Best Case: $ 10,000 Worst Case: $ 15,000
Location:Funded?: Yes.History:Evaluation: (46) RainBird PAR+ES & (56) RainBird MSC controllers. The irrigation controllers were replaced in 2012. System isfunctional. No reported major problems.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: These MIM serve as the interface between the control computer & the irrigation controllers. No reported problems.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018144
Comp #: 1006 Irrigation Pumps/Cont (Golf)- Repla Quantity: (5) Assorted Pumps
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 400,000 Worst Case: $ 500,000
Comp #: 1006 Irrigation Pumps/Cont (MY)- Repla Quantity: (8) Assorted Pumps
Useful Life:20 years
Remaining Life:10 years
Best Case: $ 650,000 Worst Case: $ 850,000
Location:Funded?: Yes.History:Evaluation: The irrigation pump system consists of (1) 250 HP pump, (4) 75 HP pumps, (1) Flowtronix control panel, (1) filtrationtube & pipe/valve fittings. No reported problems. No signs of active leakage. Signs of corrosion on the pipe fittings. Repair andrebuild the pump motors as needed as an Operating expense. Remaining useful life has been set at (0) due to age.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The irrigation pump system consists of (8) 75 HP pumps, (2) Flowtronix control panel, (4) V-1500 VAF filtration tanks &pipe/valve fittings. No reported problems. No signs of active leakage. Signs of corrosion on the pipe fittings. Repair and rebuildthe pump motors as needed as an Operating expense.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018145
Comp #: 1007 Irrigation Systems - Repair Quantity: Extensive Systems
Useful Life:4 years
Remaining Life:2 years
Best Case: $ 60,000 Worst Case: $ 80,000
Comp #: 1007 Irrigation Systems - Replace Quantity: Extensive Systems
Useful Life:25 years
Remaining Life:15 years
Best Case: $ 1,400,000 Worst Case: $ 1,800,000
Location:Funded?: Yes.History:Evaluation: This component provides funding for on-going larger-scale repairs. Annual minor repairs and maintenance should behandled as an Operating expense.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: This component provides funding for the replacement of both golf course irrigation systems, including main-lines, wire,laterals, valves and heads. Refer to #1003 for the controllers & #1006 for the pumps.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018146
Comp #: 1075 Reservoir - Reline Quantity: Approx 42,000 GSF
Useful Life:15 years
Remaining Life:9 years
Best Case: $ 400,000 Worst Case: $ 460,000
Comp #: 1080 Well (#1) - Refurbish Quantity: (1) Well
Useful Life:10 years
Remaining Life:2 years
Best Case: $ 53,000 Worst Case: $ 63,000
Location:Funded?: Yes.History:Evaluation: The reservoir was relined in 2013. No reported problems with the new lining. Funding for on-going projects to maintainsurface integrity.
Cost Source: ARI Cost Database
Location:Funded?: Yes.History:Evaluation: The wells were not shown to us during our site inspection tour. Their existence and their project history werediscovered on the project history ledger.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018147
Comp #: 1080 Well (#2) - Refurbish Quantity: (1) Well
Useful Life:10 years
Remaining Life:4 years
Best Case: $ 58,000 Worst Case: $ 68,000
Location:Funded?: Yes.History:Evaluation: The wells were not shown to us during our site inspection tour. Their existence and their project history werediscovered on the project history ledger.
Cost Source: ARI Cost Database
Association Reserves, 4-0 5/16/2018148