Illinois · Cross-state HOA
Illinois hoa reserve & replacement funding calculators
Reserve study funding, percent-funded disclosure under CAI / APRA / CRA banding, structural integrity reserve studies, milestone-inspection compliance, and special-assessment math when the reserve runs dry.
2 calculators matching this intersection
Illinois HOA
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.
Illinois HOA
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).
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