by Jan Ek Financial Report The Recreation Centers of Sun City, Inc. (RCSC) has ended February 2019 within its operating and capital budget year to date. Every division has met or exceeded its net operating budget projections which is extraordinary considering that we have reportedly had the second coldest winter […]
General Manager Reports
General Manager Report – February 2019
by Jan Ek Financial Report The Recreation Centers of Sun City, Inc. (RCSC) has ended January 2019 within its operating and capital budget year to date. Every division has met or exceeded its net operating budget projections year-to-date. Cardholder Services Payments on past due assessments in January were 10.6% of […]
General Manager Report – January 2019
by Jan Ek Financial Report The Recreation Centers of Sun City, Inc. (RCSC) has ended 2018 within its operating and capital budget year to date. Every division has met or exceeded its net operating budget projections for 2018. Investment Report 4th Quarter 2018 RCSC’s Investment Policy (Board Policy 33) is […]
General Manager Report – December 2018
by Jan Ek Financial Report The Recreation Centers of Sun City, Inc. (RCSC) has ended November 2018 within its operating and capital budget year to date. Although maintenance and repairs has caught up some with expenditures for both 2017 and 2018 projects reflected in the Building & Infrastructure division, all […]
General Manager Report – November 2018
by Jan Ek Financial Report RCSC has ended October 2018 within its operating and capital budget year to date. All divisions: Building & Infrastructure, Golf, Food Service, Bowling, Member Services and General & Administrative have operated within their net operating budgets year to date. Bowling On the weekends of October […]
General Manager Report – October 2018
by Jan Ek Financial Report RCSC has ended the third quarter within its operating and capital budget year to date. All divisions: Building & Infrastructure, Golf, Food Service, Bowling, Member Services and General & Administrative have operated within their net operating budgets year to date. Bowling Sign-ups for the annual […]
General Manager Report – September 2018
by Jan Ek Financial Report RCSC has ended August 31, 2018 within its operating and capital budget year to date. The golf division shows a deficit of $218k which is due to the fact that fertilizer, chemicals and pesticides used during overseeding was a budgeted expense in September but has […]
General Manager Report – August 2018
by Jan Ek Financial Report: Since there is no monthly Board meeting in the month of August, I will include the Treasurer’s Report information in my monthly report. The balance of unrestricted funds as of July 31, 2018 was $14,679,735 which includes a $2.5M cash reserve. Restricted funds include the […]
General Manager Report – July 2018
by Jan Ek Financial Report: Since there is no monthly Board meeting in the month of July, I will include the Treasurer’s Report information in my monthly report. The balance of unrestricted funds as of June 30, 2018 was $15,045,906 which includes a $2.5M cash reserve. Restricted funds include the […]
General Manager Report – June 2018
by Jan Ek Financial Report With the correction of the miscalculation of the monthly spread of the annual property assessment income in the 2018 annual budget, the reported overall negative variance from budget last month has been eliminated and all division’s net operations are within budget year-to-date. The total 2018 […]