NCCA
2020 BUDGET DETAILS

Assessments to increase to $33 per month in 2020.
The NCCA Board continually strives to keep assessments as low as possible, and assessments remained at $30 per month during 2015, 2016, 2017, 2018 and 2019. However, the Association has been continually faced with a number of major necessary repairs which require additional funding. Therefore, at the November Board meeting, the Board of Directors unanimously voted to raise assessments to $33 per month or $99 per quarter for the 2020 calendar year.

Out of the yearly general operating expense amount, $78,200 is allocated for maintenance of the common grounds and $43,300 is used to maintain the pool. The detention basin project was mandated by Newtown Township and, due to the magnitude of the expenses involved, NCCA secured a ten-year loan in the amount of $150,000 to pay for this project. The special assessment of $3 per month goes toward the repayment of this loan.