Sun City West committee hears November financials: operating month favorable, reserves strong

The Sun City West Budget & Finance Committee was presented with November financial results on Dec. 17, with presenter Cliff reporting operating results roughly on budget for the month and several year-to-date variances that left reserves and capital position stronger than a year earlier.

Cliff said November revenues were "right on budget" with about $13,000 favorable in revenue and noted that golf activity had "bounced back" since October. On the expense side he pointed to a $221,000 favorable variance for the month, driven in part by timing on landscape maintenance and a lower-than-expected increase in service contracts. "For the month of November, 234,000 favorable compared to budget," Cliff said during his report.

The presenter flagged wage and benefit variances tied to open positions and overtime, explaining that the organization is running roughly nine FTEs favorable on total hours versus budget and has seen overtime fall compared with last year (about 900 fewer overtime hours, or roughly $31,000). He said some work is being covered with overtime and…