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Reserve Study

Riverwatch HOA has conducted a reserve study for the neighborhood. A reserve study is a long-term capital budget planning tool, which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur. The Board of Directors hired an independent company in early 2016 to conduct the study. Their findings, which were approved by the board, can be viewed here: