Stormwater management systems are a crucial infrastructure, serving as your community’s first line of defense against erosion and flooding caused by runoff from impervious surfaces like roads and roofs. Beyond flood control, these systems are vital for environmental protection, helping to capture pollutants such as sediment, nutrients, heavy metals, gasoline, and oil before they reach […]
Category: Reserve Study
Essential Methods for Managing Stormwater Runoff 💧
Too much of a good thing, like rainfall in a short burst, can quickly turn into a headache for communities and the environment. Stormwater runoff, rushing across impervious surfaces like roofs and pavement, causes erosion, flooding, and picks up harmful pollutants like oil, heavy metals, and sediment. Fortunately, communities have a variety of effective options […]
Inflation and Your HOA: Understanding and Planning for Rising Costs
Inflation can be a confusing topic, especially when it comes to long-term financial planning for your homeowners’ association (HOA). A Reserve Study, which is a crucial tool for forecasting future maintenance and replacement costs, needs to account for inflation, but which rate should you use? And how do you apply it effectively? Let’s break it […]
Reserve Study Levels Explained
One of the most common questions we receive when discussing a proposal for a reserve study is about the various levels available. Some clients prefer a complete re-evaluation every time. While others question the necessity of an on-site visit for every study. At MillerDodson Associates, we adhere to the Community Association Institute (CAI) National Reserve […]
Welcome to the MillerDodson Blog: Your Go-To Resource for Reserve Study Insights!
Are you ready to dive into the world of reserve studies with a fresh perspective? Here at MillerDodson, we're thrilled to introduce our new blog section, designed to make understanding reserve studies not only informative but also engaging and easy to grasp. We believe that managing your community's future finances should be clear, concise, and [...]
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