psteinx wrote:I'm not a condo owner, but wow!
75-80% funded for 30 years means roughly fully funded for 22-24 years. That seems VERY excessive, especially if those reserves are (as seems likely) earning minimal or no interest.
I'm not either and likely never will be, one big reason being these fees over which you have no real control. Maybe I am missing something, but if the association has accumulated this much in reserve, it would seem to me that they have been overcharging the condo owners.