Capital Reserve Fund

Soon after Barrington’s White House was restored and renovated, plans were underway to establish a Capital Reserve Fund that would ensure the long-term integrity of this exceptional National Historic Register property.

To provide strategic direction on the long-term capital needs of the building, an extensive Engineering Reserve Study was completed by Coder Taylor Associates, Inc. The study provides a non-owner perspective from a licensed engineer that addresses how the various needs of the building should be met, the estimated timeframe in which they should be completed, and an estimated cost for completing them. The study also provides a chart showing the anticipated remaining useful life and estimated replacement cost of the specific building components and a 50-year budget cycle.