[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6227024,"mediaKeyId","3495624-8ca675673c860f234c26a8052584df17","parentId",3495624,"title","Resident presents petition about proposed BNSF intermodal hub, asks Sun City West owners to contact officials","audioSeconds",146,"startMs",4048390,"endMs",4194804,"viewUrl","/Search/View?dp=1&key=3495624-8ca675673c860f234c26a8052584df17&start=4048&end=4194","thumbnailUrl","https://assets.pipeline.soar.com/3495624-8ca675673c860f234c26a8052584df17/thumbnail_4048390.jpg","articleUrl","/articles/6227024/Sun-City-West/Maricopa-County/Arizona/Resident-presents-petition-about-proposed-BNSF-intermodal-hub-asks-Sun-City-West-owners-to-contact-officials","mediaUrl","https://secure.pipeline.soar.com/6227024-8017d71063d929eef374fc92251f4df6/orig.mp4?Expires=1775764708&Signature=a-fVkVS5IqqRefkPxRzM6FdbmbvBG9QzOHHSq47r8wBgb4HlGFDPjN7pzmRZAVtELwAKCN3YCzlsphM6Ft9YEJH2Xf02-eH0RRYsypuNNrzuDBpbltayOsF8NsoTbF~u3149otYR1oiQIgjBOwikU5ccZoIHLEFFMJQvORfuLSk~heShNH8AcWF8iQSkXdb9es0mKgTvKM2fhCxqNnWwSfAqcIMkob4ZjfhKRL-LaN1MBaS8epXnfhqEWIAlz-YUH8iPycekHVgKxkKVm1EhOOefH~V6cusC79b3gOpVDTtCxQZNo5zqhGdv1kQ-NRncGpYxtthyM43U8CneVgXPOA__&Key-Pair-Id=KUT5TJCACFTXG","author","Sun City West, AZ ","date","2025-05-24T18:35:58.287Z","article","A Sun City West resident on May 22 urged owner members to review and sign a petition opposing—or seeking fuller public review of—a proposed BNSF intermodal rail hub planned on equipment‑area land, and asked residents to contact county and state elected officials.

Bud Meador, card number 132059, addressed the Governing Board during the public comment period and said the petition and sample letters are available for residents to take to their officials. He said the land involved totals about 4,400 acres and that BNSF plans to build on roughly 4,300 acres; he urged residents to first contact the county board of supervisors because that body will vote on rezoning. Meador said there is a July meeting between BNSF and the board of supervisors, and an August meeting to decide on rezoning; he asked that the meeting schedule be moved to November or February so seasonal residents can participate.

Meador cited concerns about traffic, property values and health effects, and noted short‑term air quality concerns: \"Air quality index for the past 10 days has been unhealthy to pass to, poor.\" He concluded by inviting residents to \"take a look at the stuff that we've got out there for you. I think you'll find it, informative and certainly to your interest.\" The board did not take formal action on the petition during the meeting.

The resident provided printed material and sample letters and encouraged contacting local elected officials—the county board of supervisors, the governor's office and congressional delegation—about the proposed project and upcoming hearings.","mediaType","Video","parentTitle","Governing Board Regular Meeting - Thursday, May 22, 2024","oneSentenceSummary","A resident asked owner members to sign a petition and contact elected officials regarding a proposed BNSF intermodal rail hub; he said meetings are scheduled in July and August and expressed concern about traffic, property values and air quality.","taxTitle","Sun City West, Maricopa County, Arizona","taxId",54255,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6227029,"Sun City West board adopts FY‑26 budget with 4.9% dues increase after CFO outlines April year‑to‑date finances",2867,445030,3312960,"/Search/View?dp=1&key=3495624-8ca675673c860f234c26a8052584df17&start=445&end=3312","https://assets.pipeline.soar.com/3495624-8ca675673c860f234c26a8052584df17/thumbnail_445030.jpg","/articles/6227029/Sun-City-West/Maricopa-County/Arizona/Sun-City-West-board-adopts-FY26-budget-with-49-dues-increase-after-CFO-outlines-April-yeartodate-finances","https://secure.pipeline.soar.com/6227029-a4ebfa6d772aaaf9e71a56054d8fcc32/orig.mp4?Expires=1775764708&Signature=JwIRTzSUo-NpaQkDr8fG8dFmi78xOzP4mdJ-J0zIS3OWu2oLirpwLYWpjoyjFUePu5nHgMYME46cETcvnrBRqlv-1jOcLLRTWBcxMO4RyxjF~jkwToySWG9xINFxg0Jxzc5KMl69yM4QYx15Z1ZsCffz12NqN95b0WjQ9rkTThHAMOK8jCec8AVTk0yh6h-JI0wYnPwjbWwCrAQxyLQx2Pptf9pIgejSwd5jsQPHQp9RhYEN69okEFstuI7L0nTEpUBqVRVAXo7RwjEVwBpUBroqrdPcq2LSJx4XWgiZAihHR-El9z-FprF5bn5tmquMA4UHAlyvxwBTxYadPr3-Hg__&Key-Pair-Id=KUT5TJCACFTXG","The Recreation Centers of Sun City West Governing Board voted 7‑1 on May 22 to approve the association's fiscal year 2025–26 budget, which includes a 4.9% dues increase, after a presentation by CFO Cliff Swan on April year‑to‑date financials and capital spending plans.

Swan told the board the association was \"474,000 unfavorable on revenue, and you can see right there, golf, at 332,000 unfavorable year to date, to budget.\" He summarized operational and capital positions, noting favorable expense variances in wages and fuel and an overall projected operating excess, while cautioning that golf rounds and asset preservation fee (APF) receipts were softer than budgeted earlier in the year.

Swan outlined two separate budgets: an operating budget and a capital improvement budget. \"We've got our monthly and year to date income from operations,\" he said, and later explained, \"We've got a capital improvement budget, and we have an operating budget.\" He told the board the capital improvement program for 2024–25 totaled about $9.9 million, with approximately $9.5 million in purchase orders issued and a projected positive variance of $373,000. Swan noted a near‑term capital need: the billiards room flooring, which he said \"is gonna be around $4,045,000 to get that completed\" and is on the reserve study but scheduled later; staff intends to request moving it forward using this year's savings.

Directors pressed for context on dues. Director Horvath asked why dues rise if the fully funded balance (FFB) target is at 47%; Swan replied that the board models five‑year and longer outlooks and said small annual contributions compound: \"$1 is $28,000 essentially per year after the first year\" in the modeling used to avoid larger future increases. The CFO also explained that a recently reallocated $300,000 was added to the reserve fund after the budget was initially prepared and that the operating budget was not restructured to offset that change.

Board members and staff emphasized the multi‑year planning that underpins the dues increase. Director Novello described the budget decision as central to the board's duties: \"This is, arguably 1 of the, if not the most important decision that we make each year.\" After discussion and trustee questions about golf volumes, APF trends, irrigation projects and future capital needs, Novello moved to adopt the total financial plan; Director Chapman seconded. In the voice vote the tally was 7 in favor and 1 opposed, meeting the six‑vote threshold required to pass the budget.

Other financial details presented by Swan included a favorable year‑to‑date expense variance driven in part by lower wages and benefits due to unfilled positions and a smaller than anticipated minimum wage increase; a $24,000 favorable investment income for the reserve fund for the month; and an allowance budget of $420,000 with $356,000 spent to date, leaving about $63,000 in available allowance funds for emergent repairs. Swan said the association is tracking toward a 47% fully funded balance target by year end.

The board scheduled the annual owner/member meeting for June 19 and said staff and committees will continue monitoring budget performance and capital project timing through regular committee reviews and monthly presentations.","The Governing Board approved the RCSCW fiscal year 2025–26 total budget, including a 4.9% dues increase, after CFO Cliff Swan reviewed April year‑to‑date financials showing $474,000 unfavorable revenue YTD and capital plans including a flooring project and a $9.9 million capital program.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6227036,"Sun City West board approves changes to FI‑12 investment policy, allows up to 25% equities for long‑term reserves",1054,2032890,3087745,"/Search/View?dp=1&key=3495624-8ca675673c860f234c26a8052584df17&start=2032&end=3087","https://assets.pipeline.soar.com/3495624-8ca675673c860f234c26a8052584df17/thumbnail_2032890.jpg","/articles/6227036/Sun-City-West/Maricopa-County/Arizona/Sun-City-West-board-approves-changes-to-FI12-investment-policy-allows-up-to-25-equities-for-longterm-reserves","https://secure.pipeline.soar.com/6227036-40267b9a6d2f54898082fa7f0744a0de/orig.mp4?Expires=1775764708&Signature=YbNL8WZ3v35xnmKXC2YZApfNLgOF8LQFcwskH5pQqmU-dZEkMQ4aa0yyeGyOmEiK4Leo~cF9sy-mLURDh4Wavfr-3m7DX1EswppPs-pF96T-p1f-qPp4K9YTUXmdDOT2zpxqXWt0X3eHgZLoxdE27glMxZ24x~t8~wbl3a1DiEoBgHUeWz7Iv506rGy8IfW7eiJ8mhk1Xf4MBR~2OptgZlpaNyXkYNKLPBKgGdyt-ncCCOfY0IKV-ANZaX-EtistAhooDG2rHAnVhl-114f1VSHhssj2TU2pIuK1PzbcEbLX4GVA51zrkaL-MHgXz5N9sxV-vbgiJNNOO9XVWnMwJA__&Key-Pair-Id=KUT5TJCACFTXG","The Recreation Centers of Sun City West Governing Board on May 22 unanimously approved revisions to financial policy FI‑12 that formalize a multi‑tier investment approach and expand the target equity allocation for long‑term reserve funds to 25% from 10%.

The change, advanced by the Budget and Finance Committee working group and moved by Director Novello, was presented as a way to preserve short‑term capital while seeking modestly higher returns on funds that the association does not expect to use for at least a decade.

During debate, Director Novello summarized the proposal to the board: \"FI 12 is the investment of, of our, funds, investment of association funds. It's our reserve funds.\" He said the working group recommended codifying current staff practices and adding explicit buckets for near‑term, medium‑term and long‑term capital. Director Novello told the board that \"those funds would be really retained in cash and cash equivalents\" for near‑term needs, and that the recommendation would \"expand ... the target for the amount of funds that we do invest in equities up to 25% from the current 10%.\" The changes were described as applying only to funds that the association projects it will not need for at least 10 years.

Board members stressed continuity and fiduciary caution. Director Hurley noted board turnover and warned that policy can be changed by future boards. Director Rhodes, a long‑time member of the committee, urged trustees \"don't panic, stay the course\" and supported the revised allocation as a prudent long‑term strategy. Directors also discussed reporting and oversight: CapTrust, the association's financial advisor, will continue to manage the fund and provide reporting that distinguishes short‑, medium‑ and long‑term allocations tied to the board's annual financial plan, the CFO said.

The motion—\"that the Governing Board approve in gross language revisions to financial policy FI12 '12 investment of association funds as redlined\"—was moved by Director Novello and seconded by Director Williams. The voice vote was recorded as unanimous, 8‑0, and the board directed staff to post the revised policy.

The new FI‑12 language requires the association to hold near‑term cash and cash equivalents to limit valuation risk on funds needed within five years, to maintain a medium‑term allocation for items projected within a five‑ to ten‑year horizon, and to permit a modest equity allocation (up to 25%) only for reserves projected to be held 10 years or longer. The board and the Budget and Finance Committee said CapTrust will continue to manage a single fund but will be required to provide regular summaries showing compliance with the short/medium/long‑term targets tied to the association's annual financial plan.

The vote marks a strategic change to how Sun City West intends to manage its reserves while preserving liquidity for near‑term capital needs. The board expects CapTrust and staff to present implementation details and regular compliance reports to the Budget and Finance Committee.","The Recreation Centers of Sun City West Governing Board unanimously approved revisions to FI‑12, the association's investment policy, keeping near‑term funds in cash and allowing up to 25% in equities for reserves not needed for at least 10 years; CapTrust will continue as advisor and report compliance back to the board.","actionData","errors"]

Article not found

Resident presents petition about proposed BNSF intermodal hub, asks Sun City West owners to contact officials

Sun City West board adopts FY‑26 budget with 4.9% dues increase after CFO outlines April year‑to‑date finances

Sun City West board approves changes to FI‑12 investment policy, allows up to 25% equities for long‑term reserves