“ Budgeting discipline is critical when one annual influx must carry the organization through the year.”
TimeSharing Today | Jul / Aug, 2026
Page 50 RESORT SOURCES
This also shapes how reserve funds should be managed. Are your reserve funds spread across multiple institutions? Consolidating through instruments like jumbo CDs, CDARS or ICS money market accounts not only earns better rates through relationship-based pricing, it simplifies governance. A general manager or accounting manager no longer have to chase statements from multiple banks, which makes monthly reporting faster and leadership transitions cleaner. Lenders also look favorably on consolidated reserves because it demonstrates financial discipline and repayment capability.
Three Approaches to Loan Repayment Associations have three ways to repay borrowing:
“ Budgeting discipline is critical when one annual influx must carry the organization through the year.”
Increase annual maintenance fees: Build the loan repayment into the operating budget.
Special assessment: Often the better route, it gives owners a choice. They can pay their portion of the special assessment by the due date or participate in the association loan and spread the cost over 3, 5, 7, 10 or 15 years, with less financial impact upfront. A combination of both. The special assessment path also typically www. timesharingtoday. com to start or renew memberships.