Unit owners associations may adopt and amend budgets for revenues, expenditures, and reserves and collect assessments for common expenses from unit owners. Section 82.102. Resale statements must include the amount of reserves, if any, for capital expenditures and of portions of those reserves designated by the association for a specified project. Section 82.157.
There is no statutory requirement to conduct a reserve study and no statutory requirement to fund reserves.
Source: Community Associations Institute Summary of State Reserve Fund aws (Oct 2022)