Finance Committee: Summer Update

The first quarter of 2015 ended with expenses just under budget. All the staff work very hard to keep our spending within the budget.
The Investment committee is focusing on maintaining our investments in safe CD’s and earning as much as possible in this low interest market. They watch to be sure we have enough liquidity to support the projected outlay of funds for reserve items over several years span.
Thanks to all NSCA members for your continued support in paying your association dues. Your prompt payments allow Niguel Shores to continue to be a very desirable place to live.
—Sue Kichline