A (11) | B (6) | C (15) | D (2) | E (6) | F (5) | G (1) | I (4) | J (1) | L (2) | M (5) | P (5) | Q (2) | R (12) | S (3) | T (3) | U (1) | V (1) | W (1)
Financial Analysis

The portion of a Reserve Fund Study where current status of the Reserve Fund and a recommended annual Reserve Fund contribution rate are derived. The Financial Analysis is one of the two parts of a Reserve Fund.

Fiscal Year

The financial year for the Corporation as determined by the Board.

Foreclosure

To seek a court ordered sale of the unit to enable the Corporation to collect a debt owing, usually arrears, against the unit.

Funding Plan

A plan included in the Reserve Fund Study to recommend income levels for a Reserve Fund to offset anticipated expenditures from that Fund. The funding plan is part of the findings of the Reserve Fund Study.

Funding Plan Term

The number of years where projections are made to establish a funding plan. Typically, funding plan terms are 25 to 50 year projections.