Commercial Assessment Information
What are assessments?
To accomplish the many tasks for which it is responsible, the Association must have operating funds for daily maintenance, repairs, and administration, as well as adequate reserve funds for major repairs or replacements for common property. To obtain these funds, all members of the commercial association must pay assessments to the association. The Board of Directors will establish assessment rates each year and adopt the annual budget for the community.
To accomplish the many tasks for which it is responsible, the Association must have operating funds for daily maintenance, repairs, and administration, as well as adequate reserve funds for major repairs or replacements for common property. To obtain these funds, all members of the commercial association must pay assessments to the association. The Board of Directors will establish assessment rates each year and adopt the annual budget for the community.
How are assessments calculated?
Assessments are calculated based on the value/capped value of your property. The rate is 0.18 per $100. For example, if the market value of your home is $500,000, your calculation would be as follows:
$500,000 divided by $100 = $5,000 x 0.18 = $900
If you disagree with the value of your property, please contact the Dallas Central Appraisal District at dallascad.org.
How do I pay my assessments?
Below are the various options CCMC offers to pay your assessment. If you are paying by mail or through an individual bill payment service, be sure you include your six-digit account number to ensure the proper application of your payment. Your account number can be found printed on your annual statement, and if you have any questions, you can contact the CCMC team at (972) 869-1430.
New Portal (Single Sign-On for electronic payments) — Recommended
While all of the previous payment options you used are still available to you, with Valley Ranch's brand new portal, you can set up single sign-on (SSO) with Western Alliance Bank (also known as Alliance Association Bank or AAB) to make payments, view your account balance, and access community information all in one place!
After activating SSO, you can set up all of these payment types directly from the portal:
After activating SSO, you can set up all of these payment types directly from the portal:
- Recurring ACH Payments
- One-time and recurring electronic check payments
- One-time and recurring credit/debit card payments
Click here to access the new portal and visit the resident portal page to access how-to guides for creating your account, paying and viewing your account balance, and more.
Alliance Association Bank charges a $2.95 fee per transaction for the use of a one-time eCheck payment. The bank charges a $5.00 flat processing fee per debit card transaction and a 3.5% per credit card transaction.
CCMC and AAB are not related companies. Even though single sign-on will allow you to make payments through AAB from the Valley Ranch resident portal, to comply with privacy laws, we do not share personal information, nor does CCMC have access to your recurring payment profile.
Individual Bill Payment Services
If you are using a bill payment service through your bank or a third party, please review your account number and update the remittance address to:
Valley Ranch Commercial Association
c/o CCMC Processing Center
PO Box 93327
Las Vegas, NV 89193-3327
Many bill payment services remit electronically, and the correct account number is essential for proper posting. If your assessment has changed, you must also update your account information with your financial institution.
Valley Ranch Commercial Association
c/o CCMC Processing Center
PO Box 93327
Las Vegas, NV 89193-3327
Many bill payment services remit electronically, and the correct account number is essential for proper posting. If your assessment has changed, you must also update your account information with your financial institution.
Pay by Mail
When paying by mail, make checks payable to Valley Ranch Commercial Association, and make sure you include your account number on your check. Send your payment along with your statement stub to:
Valley Ranch Commercial Association
c/o CCMC Processing Center
PO Box 93327
Las Vegas, NV 89193-3327
Valley Ranch Commercial Association
c/o CCMC Processing Center
PO Box 93327
Las Vegas, NV 89193-3327
One-Time Electronic Check & Credit Card Payments
If you decide not to register for an account in the new portal and activate single sign-on for paying your assessment, you can still make the following payment types directly through Western Alliance Bank (also known as Alliance Association Bank or AAB):
- Recurring ACH Payments
- Recurring Electronic Check Payments
- One-Time Electronic Check & Credit/Debit Card Payments
If you are using the AAB system, the Management Company ID is 6675, the Association ID is 403 for Valley Ranch Master Association, and the six-digit account number for your property is listed on your annual assessment statement.
Alliance Association Bank charges a $2.95 fee per transaction for the use of a one-time eCheck payment. The bank charges a $5.00 flat processing fee per debit card transaction and a 3.5% per credit card transaction.
CCMC and AAB are not related companies. To comply with privacy laws, we do not share personal information, nor does CCMC have access to your recurring payment profile.
Request Payment Plan
To request a payment plan, complete the Assessment Payment Agreement and email the completed form to mherrera@ccmcnet.com.
Payment plan terms are listed below:
*All payment plans will be charged a $25 monthly administrative fee and a $25 Association fee while on the plan.
Payment plan terms are listed below:
*All payment plans will be charged a $25 monthly administrative fee and a $25 Association fee while on the plan.
|
Balance
|
Payment Plan Term |
| $500 or less | 3 Months |
| $501 to $1,000 | 4 Months |
| $1,001 to $1,500 | 5 Months |
| $1,501 or higher | 6 Months |
For any questions, please call the Valley Ranch Association office at (972) 869-1430 or email Marie Herrera at mherrera@ccmcnet.com.