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Money MATTERS

SUN CITY ORO VALLEY

Statement of Revenues Expenses Results Operations Statement of Revenues & and Expenses andand thethe Results ofof Operations

Revenues: Annual H.O. Fees Capital Contribution Fee Golf Revenues Activities Revenues Restaurant Revenues Interest Income Other Income Gross Revenues

February

Actual

Budget

$ $ $ $ $ $ $ $

289,931 30,213 149,313 10,192 119,484 17,022 42,457 658,612

$ 3,480,396 $ 224,738 $ 1,070,056 $ 117,004 $ 749,358 127,743 $ 288,244 $ $ 6,057,539

$ $ $ $ $ $ $ $

3,480,396 231,984 921,790 117,818 647,100 24,000 227,247 5,650,335

Asset Reserve Contribution Contingency Fund Contribution Wash Fund Contribution New Capital Acquisitions Restricted Use Revenues Net Operating Revenues Expenses: Wages & Benefits Cost of Sales Utilities Repair & Maint. Supplies & Expenses Depreciation Total Expenses

$ $ $ $ $ $

(57,234) 601,378

$ (1,085,000) $ (13,368) $ (24,880) $ (15,106) $ (404,782) $ 4,514,403

$ $ $ $ $ $

(1,085,000) (27,368) (24,880) (11,500) (282,360) 4,219,227

$ $ $ $ $ $ $

294,214 63,298 54,578 2,310 75,041 115,000 604,441

$ 2,439,109 $ 470,178 $ 533,129 $ 58,340 $ 819,835 $ 920,000 $ 5,240,591

$ $ $ $ $ $ $

2,308,278 385,092 539,950 76,920 804,052 920,000 5,034,292

Restricted Fund Expenses Net Operating Expenses

$ $

(100,200) 504,241

$ (950,823) $ 4,289,768

$ $

(920,000) 4,114,292

$

97,137

$

$

104,935

Results of Operations

Above is a summary of the Revenues and Expenses and the Results of Operations for the first eight months of the 2018-2019 fiscal year. A copy of the report in greater detail can be found on our website www.suncityorovalley.com. Log in after hovering over the Members tab and selecting Financials. At this page you will find the monthly Financial Statements as well as the Annual Budget for the current Fiscal Year and a copy of the Annual Budget for the coming year.

6

8 Months 2018-2019

Sun City Vistoso Tipster, Febraury 2011

224,635

If you are interested in more information regarding the Community’s finances, we encourage you to attend the Finance & Budget Committee meeting which will be held Monday, April 29, 1:30 PM, WC3. If you have any questions, please feel free to call me at 917-8060, or email me at rtrenary@suncityorovalley.com. Randy Trenary, Controller

April 2019, Sun City Oro Valley Tipster

6

Profile for Sun City Oro Valley Community Association

Sun City Oro Valley Tipster April 2019  

Community magazine of Sun City Oro Valley community association.

Sun City Oro Valley Tipster April 2019  

Community magazine of Sun City Oro Valley community association.