| 2023 RESERVE DETAIL: HARDER HALL 1 & 2 APPROVED PARTIALLY FUNDED | ||||||||||||
| Membership voted to partially reduce reserves at annual membership meeting Nov 3, 2022 | ||||||||||||
| COMMON: (D) | ||||||||||||
| Estimated | Est. Current | Fund Bal | Funded | Total | Estimated | Est. Bal as | Additional | Remain. | 2023 | HH1 | HH2 | |
| Useful Life | Rep Cost | 1/1/2022 | in 2022 | Avail ’22 | exp 2022 | of 12/31/22 | Res Req. | Life (est) | Funding | SHARE | SHARE | |
| Per Audit | Rqmt | |||||||||||
| Paving | 20 | 8,000 | -47,131 | -47,131 | -47,131 | 55,131 | 12 | 4,594 | 250 | 250 | ||
| Pool Area | 15 | 40,000 | 10,033 | 1,000 | 11,033 | 2500 | 8,533 | 31,467 | 7 | 4,495 | ||
| Pool Area Heaters | 10 | 30,000 | 1,000 | 1,000 | 2,000 | 2,000 | 28,000 | 8 | 3,500 | |||
| Painting-Clubhouse | 10 | 6,000 | 2,258 | 2,258 | 2,258 | 3,742 | 9 | 416 | ||||
| Dock Replacement | 15 | 25,000 | -6,037 | -6,037 | 1000 | -7,037 | 32,037 | 10 | 3,204 | 250 | 250 | |
| Roof-Office & Pool | 30 | 30,800 | 10,265 | 10,265 | 10,265 | 20,535 | 7 | 2,934 | ||||
| Furn/Fixtures-Club | 15 | 10,000 | 500 | -500 | 10,500 | 10 | 1,050 | 250 | 250 | |||
| TOTAL HH1 & HH2 | 149,800 | -29,612 | 2,000 | -27,612 | 4,000 | -31,612 | 181,412 | 20,193 | 750 | 750 | ||
| (E) | ||||||||||||
| HARDER HALL I: | ||||||||||||
| Estimated | Est. Current | Fund Bal | Funded | Total | Estimated | Est. Bal as | Additional | Remain. | 2023 | 23 Contr | ||
| Useful Life | Rep Cost | 1/1/2022 | in 2022 | Avail ’22 | exp 2022 | of 12/31/22 | Res Req. | Life (est) | Funding | |||
| Rqmt | ||||||||||||
| Roof | 30 | 45,000 | 8,789 | 8,789 | 8,789 | 36,211 | 11 | 3,292 | ||||
| Building Painting | 10 | 12,500 | -41,209 | -41,209 | -41,209 | 53,709 | 5 | 10,742 | ||||
| Furniture/Fixtures | 15 | 168,000 | 67,996 | 35,000 | 102,996 | 36000 | 66,996 | 101,004 | 5 | 20,201 | 35,000 | |
| Paving | 20 | 10,000 | 310 | 310 | 310 | 9,690 | 8 | 1,211 | ||||
| TOTALS: | 235,500 | 35,886 | 35,000 | 70,886 | 36,000 | 34,886 | 200,614 | 35,446 | 35,000 | HH1 | ||
| (E) | ||||||||||||
| HARDER HALL 2: | ||||||||||||
| Estimated | Est. Current | Fund Bal | Funded | Total | Estimated | Est. Bal as | Additional | Remain. | 2023 | 23 Contr | ||
| Useful Life | Rep Cost | 1/1/2022 | in 2022 | Avail ’22 | exp 2022 | of 12/31/22 | Res Req. | Life (est) | Funding | |||
| Rqmt | ||||||||||||
| Roof | 30 | 45,000 | 9,950 | 9,950 | 9,950 | 35,050 | 11 | 3,186 | ||||
| Building Painting | 10 | 12,500 | -38,898 | -38,898 | -38,898 | 51,398 | 5 | 10,280 | ||||
| Furniture/Fixtures | 15 | 168,000 | 104,197 | 35,000 | 139,197 | 36000 | 103,197 | 64,803 | 5 | 12,961 | 35,000 | |
| Paving | 20 | 10,000 | -10,693 | -10,693 | -10,693 | 20,693 | 8 | 2,587 | ||||
| TOTALS: | 235,500 | 64,556 | 35,000 | 99,556 | 36,000 | 63,556 | 171,944 | 29,013 | 35,000 | HH2 |