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Sun City board hears rising receivables, reviews collection process as unpaid assessments near $1 million
Summary
At its Sept. 25 meeting the Recreation Centers of Sun City (RCSC) board reviewed August financials showing growing receivables and discussed collection options including liens, third‑party collections and limited foreclosure for transferred properties.
The Recreation Centers of Sun City board on Sept. 25 reviewed financial statements showing growing member receivables and heard staff describe the association’s formal collection process.
Treasurer Anita Borski told directors the balance of unrestricted funds as of Aug. 31, 2025, was $9,600,000 (which includes a $2,500,000 cash reserve). She said restricted funds included a Preservation and Improvement Fund (PIF) balance of $39,700,000 and a capital reserve fund (including SIF fees) of $12,800,000. Borski reported RCSC’s net operating deficit for August totaled $293,925 and that year‑to‑date operating results for the recreation facilities were about $2.1 million in excess of budget in one line but that other income sources were below plan.
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