This webinar provides valuable insights into the implications of inflation on reserve studies and capital planning for community associations. Learn about the key differences between the Consumer Price Index (CPI) and Producer Price Index (PPI), and how they affect the cost of construction materials and labor. We’ll examine the methodology used by reserve study professionals to analyze and forecast expenses, emphasizing the importance of considering long-term trends and avoiding overreaction to short-term market fluctuations. Discover best practices for capital project management, preventative maintenance, and funding strategies, including guidance on updating reserve studies in an ever-changing economic environment. This webinar is also available to view on YouTube.
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