• khull

    August 3, 2022 at 7:04 pm

    Steve, our finance committee has determined for now that 3 months reserve is the target, so when we budget each year we budget for an amount to set aside in reserves to get the reserve fund up to 25% of that year’s budget.

    We’ve had conversations over the years of whether we should move up to 4, 5, or 6 months, but for now 3 months is doable for us and provided us a good safety net in times when we were unsure about what funds would be coming in.