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What maintenance work can be funded from the replacement reserve?

The Standardized List of Replacement Items lists items you can pay for using replacement reserve funds, including:

  • Appliances: dishwashers, dryers, fridges, wall ovens, stoves, washers
  • Flooring: carpets, linoleum/vinyl (suites and common areas)
  • Heating: furnace, boiler, electric heat, hot water tanks, water/oil pumps
  • Interior Structure: air conditioning, countertops
  • Painting: exterior painting, exterior trim painting, interior painting (suites and common areas)
  • Paving: driveways
  • Roofing: roof replacement
  • Window Coverings: blinds, drapes, awnings
  • Exterior Structure: balcony coverings, deck and deck coverings, fencing, playground equipment, security gate
  • Other: fresh water pump, sewage/pressure/relay

See chapter six of the Financial Management Guide for more information on replacement reserves