January 2023 Assessment Billing Reminder
The Issaquah Highlands Community Association (IHCA) assessment for the 2022-23 fiscal year remains at $960 per year. The semiannual homeowner assessments are effective Jan. 1, 2023, through June 30, 2023. Homeowners will be mailed their assessment statements for $480 by Dec. 7, 2022.
Residents on the monthly electronic bank debit payment (ACH) plan will receive statements for informational purposes only; payments are not required unless there are other delinquent balances, including unpaid fines or late fees.
For check payers, the semi-annual assessments are due in full by Jan. 1, 2023. Payments not received by Jan. 10, 2023, may incur late and other collection fees when allowed. Those on the semi-annual payment plan must pay all six months of the assessment period in full by check or online. Make one-time online payments with free eCheck or credit/debit cards, which come with a 2.95% fee per transaction to the homeowner (rates subject to change).
We encourage semi-annual payers to convert to the monthly ACH payment plan to ensure timely payments and internal efficiency. This plan is the IHCA’s recommended monthly payment plan; 86% of the Issaquah Highlands residents are currently on this plan. The IHCA will provide an ACH form with your billing statement for your convenience.
Our bank’s online payment portal is available at issaquahhighlands.com. Use information on your statement to make a payment.
Please direct any inquiries to 425-507-1119 or payments@ihcommunity.org.
High Street Center 2023 Assessments Reminder:
For commercial and Westridge owners, the High Street Center assessment is required in addition to the IHCA master assessment. This annual assessment is due and payable in full to High Street Center on Jan. 1, 2023 (late on Jan. 10).
Because this is an annual assessment to a different entity, payments are not available for monthly ACH withdrawal like the IHCA master assessments. It must be paid in full separately, online or by check to the address on your statement. Statements will be mailed by Dec. 7, 2022.
Our bank’s online payment portal is available on our website. Use information on the bottom of your statement to make a payment. Please direct any inquiries to 425-507-1119 or payments@ihcommunity.org.
Independent Auditor’s Report Returns “Clean”
We have just completed and received another “clean” audit (unqualified opinion) from our independent auditors, Newman & Company, CPA.
The fiscal year for Issaquah Highlands Community Association (IHCA) ended on June 30, 2022. According to the audit report, the IHCA fiscal statements fairly present the financial position of the association and are in conformity with generally accepted accounting principles. The report is posted on our website.
We continue to maintain strong controls over the accounting environment, and we‘re committed to providing complete and accurate financial schedules to our auditors that are free from material errors. This keeps our audit fees low and our auditors happy.
Kristyn McKinnon is the IHCA accounting manager.
