by Jan Ek Financial Report: We have ended 2014 well within our operating and capital budget. Here are some of the highlights of budget variances in 2014: large positive variances in income were sale of water credits ($184k), transfer fees ($334k) and golf division ($220k); we also had significant positive […]
General Manager Reports
General Manager Report – December 2014
by Jan Ek Financial Report: We have ended November 2014 well within our operating and capital budget year-to-date. While I realize I make that statement every month, the fact is there is no better statement that I could make because financially we are sound and in good shape. All divisions […]
General Manager Report – November 2014
by Jan Ek Financial Report: We have ended October 2014 well within our operating and capital budget year-to-date. As we come into our fourth quarter, I want to give you just a few reminders about variances from budget that have occurred year-to-date. As is consistent with our Preservation & Improvement […]
General Manager Report – October 2014
by Jan Ek Financial Report: We have ended our third quarter of 2014 well within our operating and capital budget year-to-date. Every division has completed the third quarter with a positive variance from budget overall. The trend of more and more golf rounds and income coming from RCSC Cardholders has […]
General Manager Report – September 2014
by Jan Ek Financial Report: We have completed August 2014 well within our operating and capital budget year-to-date. Budgeting utilities has proven to be somewhat of an extra challenge in 2014, as we will have had all solar systems operating one year as of September. The solar systems have produced […]
General Manager Report – August 2014
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, 2014 was $10,945,750 which includes a $2.5M cash reserve. Restricted funds include the […]
General Manager Report – July 2014
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, 2014 was $11,221,061 which includes a $2.5M cash reserve. Restricted funds include the […]
General Manager Report – June 2014
by Jan Ek Financial Report: We completed May within our operating and capital budget year-to-date. Again a reminder that our assessment income shows it is under budget year-to-date. However, it is a budget timing error that will level out over the summer. Each division has operated within its operating budget […]
General Manager Report – May 2014
by Jan Ek Financial Report: We completed April within our operating and capital budget year-to-date. We continue to work with APS on getting the rebates and appropriate billings. We have gotten the rebate program working well now and are still working on some utility billing issues which should produce a […]
General Manager Report – April 2014
by Jan Ek Financial Report: We have completed our first quarter of 2014 within our operating and capital budget year-to-date. We have been working with APS to get all the credits due us for our solar production and APS rebates and although that has yet to be totally resolved, we […]