---
title: "How Much Money Should an HOA Keep in Its Reserve Fund?"
url: "https://www.apsmanagement.com/blog/how-much-money-should-an-hoa-keep-in-its-reserve-fund/"
post_type: "post"
date_published: "2024-02-01T18:13:52-08:00"
date_modified: "2026-04-21T01:35:28-07:00"
categories: ["Accounting"]
---

# How Much Money Should an HOA Keep in Its Reserve Fund?

A reserve HOA account is a savings fund that’s set aside by the association to meet future costs of upkeep and any unexpected costs that arise around the community. For these accounts, it’s important for boards to make sure they are adding or subtracting money from them periodically, or they risk the funds being escheated to the state if there has been inactivity for a period of time. In California, Boards are required to have two signers on the reserve account and any transfers over $10,000 also require two board members to authorize.
It’s also a good idea to keep a set amount of money in the reserve account at all times to cover the cost of unexpected repairs, emergencies, and replacements. Costs that are usually covered by reserve accounts include:

Roof replacement on common area buildings
New pump at the community pool
New playground equipment at association’s tot lot
Painting of common area buildings, such as the community clubhouse
Major landscaping projects
Construction and major renovations
Repairing streets or driveways

 Include infographics to illustrate points like the allocation of funds
How much money should be kept in an HOA reserve fund?