by Jan Ek
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.
Payments on past due assessments in January were 10.6% of past due balances. Overall accounts receivable increased in January by 4.5%. All past due categories decreased in January with the account receivables increasing this month due to the Current category increase. December assessments went 30 days past due at 5.3% rate and November assessments went 60 days past due at a lower 2.9% rate.
Payments from our third-party collections firm started slow compared to the past two years and totaled $9,147 in January. Payments made in January by Cardholders through the online RCSC Web Portal totaled $128,657 from 290 property owners.
In January, property transfer balances increased by almost 12% and lender related balances tripled due to the small number of properties. Outstanding balances related to property transfers represent 57% of all receivables and 53% of past due balances. At the end of January, trustee sale notices on Sun City AZ properties ended at 37 and properties owned by lending institutions increased to five.
The OSHA Form 300A Summary of Work-Related Injuries and Illnesses for calendar year 2018 has been posted as required. This summary is to remain posted through April. The summary shows we had 21 work related injuries with 12 of them having days away from work totaling 172 days.
We have completed Non-Discrimination Testing for RCSC’s Employees 401(k) Plan for the 2018 calendar year. The Plan passed all six tests. A summary of test results show there were 469 employees eligible to defer, however, 124 actually deferred for a 1.73% participation rate. Our next step is to complete the Form 5500 and file with the Department of Labor.
Sundial Auditorium was a busy place in February as we continued the ticketed concert series with Rock Me Gently, Scott Keo as Michael Buble’, Rollie Stevens as Marty Robbins and a tribute to Barbara Streisand and Frank Sinatra with “The Show That Never Was!” All performances were outstanding!
Today at 3pm we welcome to the Sun Bowl stage the United States Air Force Band of the Golden West’s Commander’s Jazz Ensemble. The weather forecast looks great!
The calendar for March is certainly eventful as we start with the RCSC Senior Prom, themed a Mid-Summer Night’s Dream. Attendees are encouraged to dress the part while they dance the night away with the music of Juke Box 6.
The final four shows of the ticketed concert series are Bobby Brooks Wilson, Corrie Sachs as Reba McEntire, Craig Davis’ Circus of Illusion, and a tribute to Neil Diamond by Greg Ansel with Diamond in the Rough.
The Sun Bowl Sunday night spring concert series kicks off on Sunday, March 10 at 6pm, with Chad Freeman and Redline, followed by the Eagles Tribute with One of These Nights, a Huey Lewis Tribute by The Heart of Rock & Roll and another all-time Sun City AZ favorite, Mogollon.
April promises to be just as exciting as the month begins with our annual Dancing with the Sun City Stars on Friday, April 7 at 7pm in the Sundial Auditorium. This is a free event so please be sure to have your RCSC photo id card for admittance.
For those who may not be aware, the monthly management reports are available on our website www.suncityaz.org under the RCSC tab. Also, if you have not done so already, please sign up on the RCSC email list where you can designate topics of interest and stay in the loop with RCSC News Alert Emails!