A depreciation report is a key management tool for stratas. It helps the owners in a strata corporation to plan and pay for the repair, replacement and renewal of common property and assets such as a roof, windows, elevators, roads, utilities and other items.Â
The depreciation report helps strata lot owners to protect their homes and investments and also provides valuable information to prospective purchasers. The quality of the depreciation report relies on the expertise of the person or company preparing the report and the information provided by the strata. corporation.
Our Depreciation Report is prepared by the company Reserve Data Analysis (Mountainside Enterprises).
The Depreciation Report 2023 Matrix is a synopsis of Sections 8 and 9 of the Depreciation Report 2023 found below. This matrix provides a complete overview of projected Reserve Fund expenditures from 2024 to 2053. This is a dynamic matrix that will vary slightly from each Fiscal Year depending on several factors including inflation, changing weather patterns and the world geopolitical situation.