We have monthly recurring services we offer, and I need to track our budgeted vs actual hours spent. I've found budget tracking via milestone hours very useful on our non-recurring projects or services offerings, and I would like to use the same feature on recurring projects or services. 

Is it possible to make Milestones recurring, so I can track time on each monthly milestone? 

Alternatively, to make task lists recurring (because then I can associate it with a milestone to track milestone hours)?