NIGUEL SHORES MID-YEAR FINANCIAL UPDATE As of June 30, 2012 The Niguel Shores Finance Committee is comprised of 6 owners and meets on a monthly basis to review, monitor and make fiscal recommendations on topics such as budgets, expenses, investments and reserves. One of the objectives for 2012 is to provide owners a mid-year update on the 2012 … [Read more...]
Interested in the financial health of Niguel Shores? Have the time and desire to get involved?
July 27, 2012 by Leave a Comment
The Finance Committee is looking for at least one new member that has the flexibility and talent to participate in the Finance Committee and Investment Committee. These Committees meet once a month, usually the fourth Monday of the month and late in the afternoon. The ideal person for these Committees would have current or recent P&L … [Read more...]
Finance Committee Update
March 22, 2012 by Leave a Comment
The Finance Committee is reaching out to the major committees with significant budgets to get a fiscal picture during the year versus a fiscal picture only at the end of the year during budget process. Recently the Landscape Chairperson and a member from the Landscape staff briefed the Finance committee on the status of their budget and items that … [Read more...]
Finance – December 22, 2011
December 29, 2011 by Leave a Comment
The Finance Committee has a new chair - Jeannie Sticher - and two new committee members, Jim Eckstaedt and Steve Barrett. All are looking forward to an exciting and active new year. We ended the year with a surplus that will be added to our Reserves. The committee appreciates the tremendous effort put forth by staff and committees to keep … [Read more...]
Quarterly Assessment
December 21, 2011 by Leave a Comment
Just a reminder the quarterly assesment has gone up to $830 a quarter for 2012. If you use automatic bIll pay dont forget to notify your bank of this change. Happy Holidays! -NSCA Controller … [Read more...]
2012 Budget and Assessment
December 2, 2011 by Leave a Comment
The Board of Directors, at its meeting on November 9, 2011, adopted a budget for the fiscal year 2012 in the total amount of $3,350,100.00. This results in an annual regular assessment rate of $3,320.00 per lot beginning on January 1 2012. The 2012 assessment represents an increase of $60.00 per quarter or $20.00 per month. A summary of the 2012 … [Read more...]
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