HOA Reserve & Replacement Funding Calculators

Arizona Revised Statutes § 33-1806(A) (Arizona Planned Communities Act: association must include in annual budget adequate reserves for capital expenditures and deferred maintenance of common areas

Arizona HOA Reserve Fund Calculator — ARS § 33-1806(A) / § 33-1256 (No Statutory Minimum; Adequate Reserves Required; CAI 70% Benchmark)

Analyze the adequacy of an Arizona HOA or condominium association reserve fund under ARS § 33-1806(A) (Planned Communities Act) or ARS § 33-1256 (Condominium Act). Arizona requires the annual budget to include adequate reserves for capital expenditures and deferred maintenance — but imposes NO statutory minimum funding percentage. Returns the funding ratio, reserve deficit, recommended annual contribution (straight-line), per-unit contribution, annual shortfall, CAI adequacy tier (adequate ≥70% / marginal 30–69% / critically underfunded <30%), and projected 5- and 10-year balances.

Cal. Civ. Code § 5550 (reserve-study requirement — visual on-site inspection every 3 years

California HOA Reserve Funding Percent-Funded Calculator

Compute a California HOA reserve fund's CURRENT percent funded (reserve balance / fully funded balance, classified against the CRA / CAI tiers — strong 70-100%, fair 30-70%, weak under 30%), the 30-year PROJECTED percent funded given inflation, investment return, and annual contribution assumptions, and the REQUIRED monthly contribution to reach a target percent funded over the 30-year horizon. Disclosure metric required by Cal. Civ. Code § 5570 (annual reserve disclosure); funding-plan-adequacy test for the § 5560 board funding plan; companion to the § 5550 reserve study every three years. Also computes the § 5605 emergency-special-assessment 5% board cap on the annual budget.

CRS 38-33.3-209.5 (responsible-governance policy requirement — reserve study

Colorado CCIOA Reserve Disclosure Calculator — Percent Funded + 30-Year Projection

Compute current percent-funded, CAI / APRA / CRA reserve-tier classification, and a 30-year projection for a Colorado HOA reserve fund under CCIOA (CRS 38-33.3-209.5 responsible-governance reserve-study requirement; CRS 38-33.3-316.3 disclosure to prospective purchasers via the status letter / resale certificate). Returns the percent-funded today, the projected percent-funded at year 30 under the current funding plan, and the monthly contribution required to reach a target percent-funded (default 70% strong-tier threshold).

CRS § 38-33.3-315 (Colorado CCIOA special assessment authority: board may levy special assessments subject to the declaration

Colorado HOA Special Assessment Calculator — CRS § 38-33.3-315 (150% Threshold; 2/3 Quorum Member Approval)

Compute the per-unit Colorado HOA special assessment and the CRS § 38-33.3-315 member-approval threshold. If the proposed special assessment per unit in any fiscal year exceeds 150% of the prior year's regular annual assessment per unit, the board must obtain approval of 2/3 of a quorum at a duly called meeting or by written ballot in lieu of meeting before levying the assessment. Returns the per-unit special assessment, monthly installment, 150% threshold amount, and whether 2/3-quorum member approval is required.

F.S. § 718.112(2)(g)

Florida SIRS Calculator (Structural Integrity Reserve Study)

A per-component reserve-adequacy walkthrough for Florida condominiums of three or more habitable stories. Enter your SIRS report's replacement cost, remaining useful life, and current balance for each statutory component — roof, structure, fireproofing, plumbing, electrical, waterproofing, windows and exterior doors — and the calculator returns the per-component and aggregate full-funding requirement, the SIRS compliance verdict, and the named largest, shortest-life, and most-underfunded components.

F.S. § 553.899

Florida Milestone Inspection Trigger & Cost Calculator

When is your Florida condo or co-op due for its mandatory milestone structural inspection under F.S. § 553.899 — and what should it cost? The calculator returns the trigger year (25 years if within 3 miles of coast, 30 years inland, 10-year recurrence after first), the Phase 1 cost estimate range, and the Phase 2 risk-adjusted add if substantial structural deterioration is suspected.

F.S. § 718.112(2)(f)

Florida Condo Reserve Funding Adequacy Calculator (SIRS)

Are your association's reserves on track to fully fund SIRS components under Florida's post-Surfside reserve mandate? Computes the required per-unit contribution, current shortfall, years to fully funded, and special-assessment exposure under F.S. § 718.112(2)(g) — effective 12/31/2024.

F.S. § 718.112(2)(f)

Florida Reserve Study Funding Plan Calculator

Build a Florida-statute-aligned funding plan from your reserve study. Enter up to eight components (useful life remaining, replacement cost, percent already funded) and the calculator returns the per-component annual contribution, the total required reserve contribution, the per-unit annual share, the aggregate funded-status percentage, the gap vs. the current contribution, and the 5-year and 10-year cumulative projections — straight-line method for HOAs, component-component method for condos under the post-SIRS regime.

F.S. § 718.116(10)–(11)

Florida HOA & Condo Special Assessment Calculator

Compute your unit's share of a Florida community-association special assessment, the per-installment payment, total interest, and the procedural and lien rules the association must follow under F.S. § 718.116, § 718.112(2)(c), and § 720.3085.

F.S. § 718.112(2)(i)

Florida Condominium Capital Contribution Calculator

Compute the one-time initial capital contribution a Florida condominium or HOA charges new owners at closing under F.S. § 718.112(2)(i) and § 720.308. Compares the four common declaration methods — fixed dollar, months of dues, percentage of sale price, and working-capital seed — to find the lowest and surface the per-unit fairness trade-off.

F.S. § 627.7011

Florida Replacement Cost Value (RCV) Calculator

Size the Coverage A (dwelling) limit on your Florida homeowner's policy. RCV is the cost to rebuild the dwelling structure at current Florida material and labor prices — not the land, and not the market value. Florida-specific because coastal construction costs run 30%-50% higher than national averages post-2022, because the Florida HO-3 standard policy carries an 80% coinsurance clause that prorates partial-loss payouts on underinsured policies, and because the hurricane deductible is a percentage of Coverage A. This calculator estimates RCV from square footage, construction class, region, and features, flags underinsurance against the 80% coinsurance threshold, and quantifies the coinsurance penalty on a hypothetical partial loss.

OCGA § 44-3-107 (Georgia Condominium Act reserve fund requirement for repair and replacement of major components)

Georgia HOA Reserve Fund Calculator

Compute the straight-line recommended annual reserve contribution, funding ratio, and 5- and 10-year projected balances for a Georgia condominium or HOA reserve fund under OCGA § 44-3-107 (Condominium Act) and OCGA § 44-3-232 (Property Owners' Association Act). Returns the waiver vote threshold for reserve funding waivers under OCGA § 44-3-107(d): 90-day written notice plus a 2/3 majority vote of all unit owners.

OCGA § 44-3-232 (Georgia Property Owners' Association Act special assessment authorization)

Georgia POAA Special Assessment Calculator

Compute per-unit special assessment, total assessment needed, monthly installment option, and member-vote warning for a Georgia HOA special assessment under the Property Owners' Association Act (OCGA § 44-3-232). The board may levy a special assessment unless the declaration requires member approval; the standard declaration trigger is a special assessment exceeding the annual per-unit assessment. Returns a member-vote warning when the trigger threshold is met.

HRS 514B-148 (Hawaii condominium annual budget

Hawaii Condo Reserve Funding Calculator

Compute the Hawaii condominium percent-funded reserve metric under HRS 514B-148 (annual budget, reserve study every 3 years for projects 5+ years old, cash-flow plan, percent-funded disclosure). Returns the current percent funded, the funding-band classification (strong, fair, weak), the 30-year projected percent funded under stated inflation and investment-return assumptions, and the required monthly contribution to reach a target percent-funded threshold over the planning horizon.

765 ILCS 160/1-45 (CICAA special assessment authority: board may levy for extraordinary expenses

Illinois CICAA Special Assessment Calculator

Compute the per-unit special assessment and determine whether a 2/3 member vote is required under 765 ILCS 160/1-45 (CICAA). When a special assessment exceeds 15% of the annual budget, Illinois CICAA associations must obtain approval of 2/3 of members entitled to vote before levying — unless an emergency exception applies. Returns the funding gap, per-unit assessment, vote threshold analysis, votes required for member approval, and the monthly installment for spreading the assessment over time.

765 ILCS 605/9(c) (Illinois Condominium Property Act — board must maintain adequate reserve fund

Illinois Condominium Reserve Adequacy Calculator

Evaluate Illinois condominium reserve fund adequacy under 765 ILCS 605/9(c) and 605/9(d). Computes the funding ratio (current balance ÷ fully-funded target), reserve deficit, recommended annual contribution to reach full funding over the remaining useful life, whether disclosure of the deficit is required in the annual budget, and the projected depletion date at the current contribution rate. Reserve study requirement for associations with 7+ units under 765 ILCS 605/9(d).

IC 32-25.5-4-6 (Indiana Condominium Act: board must maintain a reserve fund for repair

Indiana HOA Reserve Fund Calculator — IC 32-25.5-4-6 (Indiana Condominium Act) & IC 32-21-13 (Planned Community Act)

Compute the recommended annual reserve contribution for an Indiana HOA or condominium using straight-line funding. Applies the Indiana Condominium Act (IC 32-25.5-4-6 — board must maintain adequate reserves; amount at board discretion; no statutory minimum or mandatory reserve-study requirement) and the Planned Community Act (IC 32-21-13). Returns recommended annual contribution, per-unit amount, funding ratio, reserve deficit, and 5- and 10-year projections.

IC 32-25.5-4-4 (Indiana Condominium Act: board may impose special assessments for the benefit of the common elements

Indiana HOA Special Assessment Calculator — IC 32-25.5-4-4 (Indiana Condominium Act) & IC 32-21-13-6 (Planned Community Act)

Compute the per-unit special assessment for an Indiana HOA or condominium. Unlike WUCIOA (RCW 64.90.430: 5% threshold / 67% member vote), Indiana imposes no statutory percentage threshold for special assessments — the declaration controls whether owner approval is required. Under IC 32-25.5-4-4 (Indiana Condominium Act) and IC 32-21-13-6 (Planned Community Act), board authority is typically sufficient unless the declaration requires an owner vote. Flags materially large assessments that exceed the annual regular assessment and may warrant declaration review.

M.G.L. c.183A § 6(a) (common-expense liability allocated by beneficial interest)

Massachusetts Condo Special Assessment Calculator (M.G.L. c.183A § 17)

Compute the per-unit special assessment for a Massachusetts condominium under M.G.L. c.183A § 17. Models beneficial-interest-allocated assessments per the master deed, determines whether the project cost triggers the member-approval threshold (commonly 10-25% of annual budget), and projects the financed alternative (association loan) for per-unit monthly-payment comparison. Returns the average per-unit assessment, the per-1%-beneficial-interest amount, an allocation table for varied beneficial-interest percentages, the installment-payment schedule, and the financing-alternative monthly amortization.

M.G.L. c.183A § 10(b) (organization of unit owners must maintain a capital reserve fund

Massachusetts Condo Reserve Adequacy Calculator (M.G.L. c.183A § 10(b))

Assess the adequacy of a Massachusetts condominium reserve fund under M.G.L. c.183A § 10(b) using the CAI fully-funded methodology. Computes the funding ratio, reserve deficit, recommended annual contribution (straight-line catch-up), per-unit contribution amounts, annual shortfall, projected 5- and 10-year balances, and estimated depletion date. Returns a funding-status verdict (critically underfunded through overfunded) and a trustees' summary suitable for the annual budget meeting.

Minn. Stat. § 515B.3-103(a)(5) (MCIOA: board must maintain a reserve fund for repair

Minnesota HOA Reserve Fund Calculator — Minn. Stat. § 515B.3-103(a)(5)

Compute the Minnesota MCIOA reserve fund funding ratio, deficit, and recommended annual contribution under Minn. Stat. § 515B.3-103(a)(5). Minnesota requires the board to maintain a reserve fund and disclose reserve status at each annual meeting — but sets NO mandatory minimum funding percentage (contrast Florida's post-SB 4-D mandatory reserve funding for condominiums). Returns the funding ratio, deficit, straight-line recommended contribution, and projected 5/10-year balances.

NRS 116.31152 (Nevada reserve-study requirement — reserve study commissioned by a qualified analyst at least once every five years

Nevada HOA Reserve-Study Funding Calculator

Project Nevada community-association reserve funding under NRS 116.31152 (reserve study required every five years, annual disclosure of percent-funded on Nevada Real Estate Division Form 350) and NRS 116.3115(2)(b) (reserve adequacy as board fiduciary duty). Computes current percent-funded under the Community Associations Institute and Association of Professional Reserve Analysts (CAI / APRA / CRA) framework with banding (poorly funded, fairly funded, well funded, fully funded), the projected balance and percent-funded at year 30 given a planned contribution stream and inflation-and-investment-return assumptions, and the year-1 contribution required to hit a target percent-funded by year 30. Tool, not advice — commission a CAI / APRA / CRA-credentialed reserve analyst for the binding funding plan and the NRS 116.31152 disclosure.

NRS 116.3115 (Nevada Chapter 116: association assessment authority

Nevada HOA Special Assessment Calculator — NRS 116.3115 / NRS 116.31151 (15% Annual Increase Threshold; Member Vote)

Compute the per-unit special assessment and the NRS 116.31151 member-vote threshold for a Nevada community association. If the combined annual per-unit assessment (regular + special) in any fiscal year exceeds 15% above the prior year's total annual assessment per unit, the board must obtain majority member approval at a duly called meeting or by written ballot before levying the special assessment. Returns the per-unit special assessment, the monthly installment, the 15% threshold amount, and whether a member vote is required.

N.J.S.A. 46:8B-14(e) (NJ Condominium Act — board must maintain a capital reserve fund

New Jersey Condo Reserve Fund Calculator — N.J.S.A. 46:8B-14(e)

Compute New Jersey condominium reserve fund adequacy, funding deficit, and recommended annual contribution under N.J.S.A. 46:8B-14(e) (board must maintain capital reserve fund) and N.J.S.A. 46:8B-12.1 (reserve study disclosure). NJ has no statutory minimum funding percentage — the CAI 70% adequacy threshold is applied as the industry standard. Returns the fully funded balance, funding ratio, deficit, recommended straight-line annual contribution per unit, and projected 5- and 10-year balances.

RPL Article 9-B (New York Condominium Act

New York Condominium Reserve Funding Calculator — Percent-Funded Banding and 30-Year Projection

Compute the percent-funded banding (STRONG / FAIR / WEAK / SEVERELY UNDERFUNDED under CAI / APRA standards), 30-year projection, and target-funded backsolve for a New York condominium reserve fund. New York imposes NO statutory reserve-funding mandate (unlike Florida post-Surfside Sec. 718.112, California Cal. Civ. Code Sec. 5550, or Utah Code Sec. 57-8a-211) — reserve adequacy is governed by the by-laws and voluntary industry standards. Returns the current percent funded and band, the projected year-30 percent funded and band under the supplied contribution / inflation / investment-return parameters, the annual contribution required to reach the target at year 30, and the contribution gap.

N.C.G.S. Sec. 47C-3-114 (Condominium Act: association must maintain a reserve fund for repair and replacement of major components

North Carolina Reserve Fund Calculator — Adequacy & Recommended Contribution under N.C.G.S. Sec. 47C-3-114 & Sec. 47F-3-114

Compute the reserve fund funding ratio, deficit, and recommended annual contribution for a North Carolina condominium or planned community under N.C.G.S. Sec. 47C-3-114 (Condominium Act) and N.C.G.S. Sec. 47F-3-114 (Planned Community Act). North Carolina requires reserve fund maintenance and adequacy disclosure at the annual meeting but does NOT require full funding — unlike Florida's post-2022 SIRS rules. Flags funding ratios below 70% (CAI industry standard) and projects the balance over 5 and 10 years at the current contribution rate.

ORC § 5311.081 (Ohio Condominium Property Act: reserve fund for capital expenditures

Ohio Condominium Reserve Fund Calculator — Funding Ratio, Deficit & 2/3 Waiver Vote under ORC § 5311.081

Compute the Ohio condominium reserve fund funding ratio, deficit, recommended annual contribution, and projected 5/10-year balances under ORC § 5311.081 (Ohio Condominium Property Act). Ohio does NOT prescribe a minimum funding percentage — the board sets the amount. Reserve contributions may be waived only by a 2/3 vote of ALL unit owners (not just a voting majority). The calculator flags funding ratios below the 70% CAI industry standard and computes the exact 2/3 waiver vote threshold. Contrasts with Florida's post-SIRS mandatory funding rules and North Carolina's adequacy-disclosure model.

Tex. Prop. Code § 82.114 (mandatory reserve fund for condominium associations

Texas Chapter 82 Condominium Reserve Fund Calculator

Compute the recommended annual reserve contribution for a Texas condominium association under Tex. Prop. Code § 82.114 (straight-line funding: replacement cost minus current balance divided by remaining useful life), the current funding ratio, years to full funding, the 2/3 owner-vote threshold to waive reserve requirements, and whether a reserve study is required under § 82.1141 (64+ units).

Tex. Prop. Code § 209.00592 (special assessments: majority board vote at open meeting

Texas HOA Special Assessment Calculator

Compute per-unit and total special assessment amounts under Tex. Prop. Code § 209.00592, check whether the amount exceeds the annual budgeted assessment per unit (triggering the likely owner-vote threshold in most declarations), and calculate monthly installments. Returns a warning when the special assessment may require owner approval beyond board authority.

Utah Code § 57-8-7.5 (condominium reserve-analysis requirement

Utah HOA Reserve Funding & Disclosure Calculator — § 57-8-7.5 Six-Year Cycle

Compute the percent-funded reserve tier and 30-year projection for a Utah community-interest project under Utah Code § 57-8-7.5 (condominium reserve-analysis requirement; six-year cycle; annual review) and § 57-8a-211 (HOA reserve-funding-plan disclosure under the Community Association Act). Returns the current percent funded, CAI / APRA / CRA tier (strong / fair / weak), the 30-year projected percent funded, the annual contribution required to reach a target percent funded by year 30, and a statutory-compliance flag for the six-year analysis cycle.

Code of Virginia § 55.1-1825 (POAA reserve fund: board must include reserves in annual budget based on reserve study

Virginia HOA Reserve Fund Calculator

Compute the straight-line recommended annual reserve contribution, reserve funding ratio, reserve deficit, and projected 5/10-year balances for a Virginia HOA or condominium association. POAA reserve requirements under Code of Virginia § 55.1-1825 (board must budget reserves based on a reserve study; owners may vote to waive with 2/3 majority under § 55.1-1825(C)). Condo reserves under § 55.1-1945 (separate reserve account required).

Code of Virginia § 55.1-1823 (POAA special assessments: board authority

Virginia HOA Special Assessment Calculator

Compute the per-unit special assessment for a Virginia HOA or condominium project, determine whether the proposed assessment exceeds the 150%-of-prior-year threshold that triggers a required 2/3 member vote under Code of Virginia § 55.1-1823 (POAA) or § 55.1-1943 (condo), compute the votes needed for approval, and calculate the monthly installment option.

RCW 64.90.530 (WUCIOA: board must maintain adequate reserves for repair and replacement of common elements

Washington HOA Reserve Fund Calculator — RCW 64.90.530 (WUCIOA Reserve Study, 50+ Units) & RCW 64.34.376 (Condo Act)

Compute the recommended annual reserve contribution for a Washington HOA or condominium using straight-line funding. Applies WUCIOA (RCW 64.90.530 — reserve study required every 3 years for associations with 50 or more units; reserve status disclosed in annual budget) or the Washington Condominium Act (RCW 64.34.376 — board must maintain adequate reserves). Returns the recommended annual contribution, per-unit amount, funding ratio, reserve deficit, and 5- and 10-year projections at the actual contribution rate.

RCW 64.90.430 (WUCIOA: board may impose special assessments without owner approval unless the assessment — when combined with all special assessments imposed in the same calendar year — exceeds 5% of the annual budget

Washington HOA Special Assessment Calculator — RCW 64.90.430 (WUCIOA 5% Threshold / 67% Member Vote)

Compute the per-unit special assessment for a Washington HOA or condominium and determine whether the WUCIOA 5% threshold is triggered. Under RCW 64.90.430, a special assessment that (combined with prior special assessments for the same year) exceeds 5% of the annual budget requires approval by at least 67% of unit owners. The HOA Act (RCW 64.38.045) permits emergency special assessments by board authority; non-emergency assessments are governed by the declaration.