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What are Reserve Accounts?

April 26, 2017accounts Reserve

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What are Reserve Accounts?

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Reserve accounts (Equipment, Facility, and Program Stabilization) are accounts where revenue can be moved to and held for future (savings account) use. There are 3 reserve account categories. Equipment Reserve for equipment replacement, Facility Reserve for facility improvements and or upgrades and changes and Program Stabilization to cover future program funding gaps or concerns.