Financial Calendar
Sasona Fiscal Year:
July 1st-June 30th – Sasona Fiscal Year.
June 1st - Budget for next fiscal year should be approved so that one-month notice can be given for rent to increase July 1st. (See Section 31 of TheContract: "RENT CHANGE: CHEA may give notice of at least 30 days of a rent change proposed to take place during the term of this contract.")
(See: TheBudget)
NASCO Properties Fiscal Year:
May 1st-April 30th - NASCO Properties Fiscal Year
April 30th - Maintenance money must be spent or it will go back to NP maintenance reserves.
May 30th - All maintenance receipts for the previous fiscal year must be turned in, preferably earlier.
February - NP sets its budget for the fiscal year, so all rent increases should be known around this time.
September 1st - NASCO Properties rent increases go into effect.
Sasona rent payment:
1st of every month – Rent is due.
3rd of every month – Late fee assessed for balances of $100 or more.
7th of every month – Another late fee assessed for balances of $100 or more. Eviction notice sent out.
(See: RentPaymentPolicies)
Taxes
November 15 - Taxes are due.
See: TaxFilingInformation
Monthly bills due:
- NASCO Properties rent (must be mailed out by the 15th to avoid 1% late fee -- more than $70)
- Loan payment to NASCO Properties
- City of Austin Utilities
- Gas
- Cable
Other bills:
- Liquid Environmental Solutions grease trap cleaning (every 3 months)
- NASCO Membership Dues ($36 due for each new member, from Nov 1-Oct 31) (This has changed as of 2015-2016, need to revise)
- $20/month has been allocated to Monkeywrench Books for regular deliveries of zines and in-house productions (passed by house vote on 9/18/2016 by 7-2-9)
Sasona's Tax ID# is 320019308.