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RESERVE STUDIES

A Reserve Study is an enumerate inventory of the major capital assets and improvements within the common areas of the Montage at Mission Hills development that have a life span of 30 years or less.  The Reserve Study provides an inventory of those assets and information setting out 1.) An estimate of the remaining life-span of those components; 2.) An estimate of the future cost to repair or replace those assets and improvements at the conclusion of their lifecycle; and 3.) A long-range funding plan to pay for the repair/replacement of those components when they reach the end of their useful life.

An update of the Reserve Study by a professional analyst is required every 3 years per California state law. Updates by professionally competent analysts are required in intervening years. When an asset or improvement has reached the end of its useful life and comes time to repair/replace the capital assets  the Board will assess the need for maintenance or replacement and if action is required secure competitive bids for the work required.

To view and download a copy of the Montage at Mission Hills Reserve Study click on the document you would like to view below.

2020 Documents

2020 Annual Reserve Study

2019 Documents

 2019 Annual Reserve Study 

2018 Documents

 2018 Annual Reserve Study

2017 Documents

2017 Reserve Summary

2016 Documents

2016 Annual Reserve Study

2015 Documents

2015-Reserve-Study-Component Update

2015-Reserve-Study-30Yr Fully Funded Compnt Update

2015-Reserve-Study-Approved-Year Pro Forma Budget

2015-Reserve-Study-Year Plan Update

2015-Reserve-Study-30 Year Cash Flow Update

2014 Documents

2014 Reserve Study – Final Approved November 14, 2013

2013 Documents

2013 Reserve Study Update (1 of 6)

5-year Pro Forma 2013 Reserve Study Update (2 of 6)

5-year Plan 2013 Reserve Study Update (3 of 6)

Component Inventory 2013 Reserve Study Update (4 of 6)

Component Inventory 2013 Reserve Study Update (5 of 6)

30-year Cash Flow 2013 Reserve Study Update (6 of 6)

30-year Cash Flow

2012 Documents

2012 Reserve Study Update – Approved November 2, 2011

2011 Documents

2011 Reserve Study – Approved November 12, 2011