Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Sun City West board hears positive November financials; audit and filings posted
Summary
CFO Cliff Swan told the Recreation Centers of Sun City West board that November closed 'right on budget' with positive operating cash inflow and strong investment gains; the board filed the November financials and the FY2023–24 audit. The board also reviewed capital projects and a reserve-funded forecast.
The Recreation Centers of Sun City West Governing Board reviewed November 2024 financial results at its Dec. 19 regular meeting and accepted committee filings including the November financial statements and the FY2023–24 annual audit.
CFO Cliff Swan told the board that "November was a good month, right on budget," reporting roughly $13,000 favorable revenue for the month and noting operating cash inflow was positive for November. Swan said the organization was roughly $234,000 ahead of budget for the month compared with prior year performance, and year-to-date figures showed a mix of modest revenue shortfalls offset by expense savings.
Swan highlighted…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
