Financial Sustainability Update
June was an encouraging month. Operating expenses were lower than collections, reflecting the Association’s continued focus on controlling costs.
One favorable month does not resolve our financial challenges, but it represents progress in the right direction.
July was a heavier expense month because it included required bimonthly IMSS and SAT payroll-tax payments. Rather than publish incomplete figures, the July cash-flow statement will be posted on the Financial Transparency page at PuntaPiedraHOA.com once it is finalized.
Update: The July cash-flow statement has been posted → HERE
Owners are encouraged to sign up for email updates on the website to receive notice when new financial reports and community announcements are posted.
Our objective remains to avoid raising dues by eliminating deficit spending, collecting outstanding balances, preserving reserves, and maintaining the services our community depends on. Achieving that objective will require continued spending discipline and broader participation from owners.
Voluntary collection efforts are continuing while the Association prepares appropriate legal collection efforts.
If your account has fallen behind, please contact the office to learn about approved options for bringing it current. These include monthly payment plans and a discounted full-payment option with waived late fees and immediate restoration of amenity access.
Thank you to the many owners who continue to keep their accounts current and support Punta Piedra’s financial stability.
