npoa
general manager's report Wow. Like most of you, I am looking
As part of our transition to a new
time user fee, if any, includes eCheck
and a transition to a new normal at some
also changed financial partners for
or credit card (3.00%). These fees
Association Bank (AAB). AAB is a
service provider offered last year, who
on Common Interest Developments,
$2.95, debit cards $6.95, and credit
forward to 2020 being in the rear-view
point in 2021. The past year has been full of many audible calls, trying to anticipate and adapt to the evolving covid-19
situation, changes to state and county directives, and the resulting changes to our operations and availability of
(free), ACH (free), debit card ($5.00),
our operating accounts to Alliance
are more favorable to the third-party
financial institution that focuses solely
in comparison charged ACH payments
or homeowner associations like
cards 3.5% of the transaction amount.
NPOA. There were several reasons for
amenities.
this change. Most importantly it fully integrates with the new accounting
Please be sure to read President’s
system Caliber, which further integrates
Perspective for details regarding the
2021 budget process and the budget
revisions for 2021, Covid-19 operations update, revised Design Review
Guidelines, and property management software updates. The staff and board have been working very hard on all of these initiatives.
with the new website and portal via
FrontSteps. This integration allows for checks mailed to the AAB lockbox or made via one of the multiple online
payment options to be processed and upload daily into the new accounting system, increasing the speed and
efficiency of the collection process.
Reminder the that total annual
assessments for 2021 remains the same amount - $1,200. The 2021 annual assessment statements have been
mailed. As in the past, payments are due January 1, 2021 and considered late
February 1, 2021. Please be sure to make your payments on time to avoid late
fees and interest as outlined in NPOA collection policy.
cloud-based accounting system, we
The 2021 annual disclosure mailing was distributed to homeowners in October.
The annual disclosure mailing included
a cover letter addressing 2020 finances, the 2021 budget summary, and revised
Design Review Guidelines, Fee Schedule and Violations/Fine Schedule. The
mailing included the Annual Budget
Report which consists of the Pro Forma
Operating Budget Summary, Assessment and Reserve Funding Summary, and
Insurance Summary. The mailing also
Included with 2021 annual assessment
includes the Annual Policy Statement
communications you will have received
statements and documents that are
info website, is a cover letter detailing
already, please take a few moments to
statement mailed to all members, email
which included an assortment of
by now, as well on the new www.npoa.
distributed each year. If you haven’t
where to mail payments in 2021 as well
review this important information.
as the “AAB Reference Guide” which
details the online payment options. The AAB online payment options and one-
Finally, there have been a lot of
communications this summer and fall pertaining to trash and bears. The
MARTIS VALLEY ASSOCIATES R E A L E S TAT E S A L E S
Specializing in Northstar® Since 1981 HOMES•CONDOS•SHARED OWNERSHIPS• HOMESITES ANNE DAIN Broker/Owner
o530.587.8100 c 530.386.3860 | 10880 Brockway Road, Truckee, CA 96161 annedain@martisvalley.com | BRE#00829840
8 | Northstar Living | News Magazine of the Northstar Property Owners Association
