Every board member (and every consumer for that matter) is acutely aware we are in unique economic conditions. Supply chain issues, material shortages, labor shortages, inflation, long lead times; and overall unpredictability is the topic of the year. This has left many board members considering whether this is the right time to conduct a reserve study and/or what effect all of this has on reserve studies.
20 | COMMON INTEREST® • Winter 2022 • A Publication of CAI-Illinois Chapter