What is the meaning of reserve funds?

reserve funds is an expense category in the operating budget. Monies that are set aside for replacement expenditures not covered by insurance such as roof or furnace repairs. (See operating budget).

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APABarry Goldsmith. (2010). reserve funds. Retrieved September 21, 2026, from http://smartdefine.org/reserve_funds/definitions/1162339
ChicagoBarry Goldsmith. 2010. "reserve funds" http://smartdefine.org/reserve_funds/definitions/1162339 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, reserve funds, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/reserve_funds/definitions/1162339>.
MLABarry Goldsmith. "reserve funds" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/reserve_funds/definitions/1162339>