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From the Treasurer
BALANCE SHEET FOR MAY 2019 BALANCE SHEE T FOR JUNE 2019
Cash in the operating accounts totaled $1,903,131. Cash in the operating accounts totaled $1,952,838.
Cash in the Main reserve accounts totaled $3,202,269. Cash in Legal fund totaled $944,908. The Association is in compliance with paragraph (b) of subsection 2 of NRS116.3115 and that reserve funds have not been used for daily maintenance. According to the reserve study, the fully funded reserve account balance as of the end of 2019 of the Master should be $1,403,799.
D e l i n q u e n t a c c o u n t s r e c e i v a b l e t o t a l e d $1,209,587. Accounts receivable balances include uncollected fines of $1,096,872. Delinquent receivables are being collected in accordance with the Association’s collection policy.
Cash in the Main reserve accounts totaled $2,926,313. Cash in the Legal fund totaled $946, 268. The Association is in compliance with paragraph (b) of subsection 2 of NRS116.3115 and that reserve funds have not been used for daily maintenance. According to the reserve study, the fully funded reserve account balance as of the end of 2019 of the Master should be $1,403,799. Delinquent accounts receivable totaled $1,173,414.
Accounts receivable balances include uncollected fines of $1,066,908. Delinquent receivables are being collected in accordance with the Association’s collection policy.
Income & Expense Statement For the period ended May 31, 2019, operating revenue amounted to $286,041 (includes $414 in interest income from CDs.). The Association incurred $245,719 in expenses which include a transfer of $0 to the reserve account. (It should be noted that for a period of (6) months, starting May 2019 the Association WILL NOT BE making a reserve transfer.)
Reserve fund revenue amounted to $3,763 in interest income and $0 transfer from the operating fund. Expenses amounted to $318,708.
The Board has fulfilled their duty to review the financial statements in accordance with NRS 116.31083 subject to any current NRS or NAC required year-end audit or review. Income & Expense Statement For the month ended June 30, 2019, operating revenue amounted to $274,783 (includes $2,323 in interest income from CDs). The Association incurred $272,177 in expenses which included a transfer of $0 to the reserve account. (It should be noted that for a period of (6) months, starting May 2019 the Association WILL NOT BE making a reserve transfer.)
Reserve fund revenue amounted to $3,109 in interest income and $0 transfer from the operating fund. Expenses amounted to $278,815.
The Board has fulfilled their duty to review the financial statements in accordance with NRS 116.31083 subject to any current NRS or NAC required year-end audit or review.
Don’t Miss Out!
WE WANT EVERY HOMEOWNER TO RECEIVE IMPORTANT ALERTS, community event reminders, and information about the Aliante Master Homeowner’s Association. The fastest and most efficient way to do this is by sending emails to all our homeowners. In the case of urgent alerts, such as a neighbor reporting a water leak at your house, we may also contact you by phone. Please follow the steps below to confirm we have your preferred email address and phone numbers. (We will never share your email address or phone number and we typically send only 2 or 3 emails per month.) ❶ Log on to Aliante Master website: ☛ http://nevada.fsrconnect.com/aliantemaster
New users should follow steps ❷ and ❸.
Existing users may proceed to step ❹.
❷ You can self-register by clicking on “Need a Log In? Sign up now.” You will be taken to the “Register Now” page, enter your now.” email address and click “Submit”.email address and click
Customer Service by calling
Click on
Customer Service by calling 702 399 4273. ❹ Click on “my account” and then “my email address” and “my “my account” phone numbers” to confirm we have your preferred email phone numbers” address and phone numbers with area code. address and phone numbers with area code.
