SCG SEPTEMBER 2022
FI N A N CI A L R ES U LT S More details available on suncitygrand.com>SCG Board & CAM>Financial Information Sep-22 Actual
Sep-22 Budget
1,331,287 262,500 $ 1,068,787
1,330,159 262,500 $ 1,067,659
Fitness & Activities Grand Lifestyles Rent Membership Fees Recreation Revenue
33,159 9,134 29,355 41,698 113,346
26,815 6,040 53,526 34,611 120,992
Annual Pass Flex Pass Resident Daily Guest Public Merchandise Driving Range Golf Revenue
136,424 106,753 31,916 63,926 30,610 13,623 383,252
135,678 130,227 19,008 10,000 24,296 12,125 331,334
Other Revenue Interest Income TOTAL REVENUE
14,198 11,594 1,591,176
Cost of Sales GROSS PROFIT Payroll Utilities Repairs & Maint Insurance Professional Fees Food / Beverage Landscaping Operating Expense TOTAL EXPENSES
ASSOCIATION Annual Assessments Less: Reserves Net Assessments
SURPLUS/(DEFICIT) Before Projects $ Retained Earnings Projects Falls Small Wares Turf Reduction Reserve Transfer Forward Tees Space Study Trash Receptacles Admin Files Imaging Monsoon Damage Fountain Removal SUB TOTAL
$
SURPLUS/(DEFICIT)
$
YTD Actual
YTD Budget
12,993,612 3,323,000 $ 9,670,612
12,989,758 3,323,000 $ 9,666,758
6,344 3,094 (24,172) 7,087 (7,647) 746 (23,474) 12,908 53,926 6,314 1,497 51,918
734,298 85,145 266,812 491,643 1,577,898
396,719 73,405 277,324 479,579 1,227,027
1,608,097 235,732 3,451,170 809,756 259,589 624,367 215,309 7,204,020
5,794 6,000 1,531,779
8,404 5,594 59,396
41,572 1,549,604
33,747 1,498,033
892,569 195,634 106,678 70,300 35,561 83,211 190,070 452,766 2,026,790
902,154 206,393 79,725 71,610 25,000 190,794 567,511 2,043,187
(477,186) $ Sep-22 Actual
24,250 81,075
RESERVE FUND
-
1.30%
11,539
22,516,844
Budget CY22
16,963,989 4,100,000 $ 12,863,989
16,960,135 4,100,000 $ 12,860,135
337,579 11,741 (10,512) 12,064 350,871
866,176 103,240 466,780 589,637 2,025,834
528,598 91,500 477,292 577,573 1,674,962
337,579 11,741 (10,512) 12,064 350,871
1,582,034 208,459 3,260,123 585,822 60,000 574,726 206,246 6,477,409
26,063 27,273 191,047 223,934 199,589 49,641 9,063 726,611
2,156,522 342,418 4,369,047 949,208 259,589 786,330 286,963 9,150,077
2,130,459 315,145 4,177,999 725,274 60,000 736,689 277,900 8,423,466
26,063 27,273 191,047 223,934 199,589 49,641 9,063 726,611
275,669 70,738 18,798,938
1,245,155 46,447 18,662,797
(969,486) 24,291 136,141
504,986 88,738 24,633,623
1,474,472 64,447 24,497,482
(969,486) 24,291 136,141
(7,825) 51,571
869,027 17,929,910
670,289 17,992,508
(198,738) (62,597)
1,063,433 23,570,191
864,694 23,632,788
(198,738) (62,597)
9,585 10,758 (26,953) 1,310 (10,561) (83,211) 724 114,745 16,397
7,973,783 1,553,647 690,516 623,805 281,494 437,354 1,710,630 3,961,944 17,233,174
8,252,699 1,452,678 626,111 624,960 260,575 159,719 1,717,146 3,534,278 16,628,165
278,915 (100,969) (64,405) 1,155 (20,919) (277,635) 6,516 (427,667) (605,009)
10,749,515 1,914,204 912,391 838,635 350,494 437,354 2,283,012 5,622,815 23,108,419
11,028,430 1,813,234 847,986 839,790 329,575 159,719 2,289,528 5,195,148 22,503,410
278,915 (100,969) (64,405) 1,155 (20,919) (277,635) 6,516 (427,667) (605,009)
696,737
$ 1,364,343
461,772
$ 1,129,378
YTD Actual 48,093 455,899 89,240 9,891 81,075 $ 684,198
YTD Budget 220,000 800,000
Forecast CY22 220,000 400,000 200,000 455,899 110,000 9,891 48,000 81,075 16,000 $ 1,540,865
Budget CY22 220,000 800,000
$ 1,020,000
Variance Fav/(Unfav) 220,000 751,907 (455,899) (89,240) (9,891) (81,075) $ 335,802
$
$
$
$ (1,079,093) $
109,378
201,683
192,000
1,128 1,128
67,968
(38,812) 367
$
12,539 159,023
Sep-22 YIELD
Total
344,343 149,340
CARE FUND
Balance $
Forecast CY22
Variance Fav/(Unfav) (1,454) (24,250) (81,075) $ (106,779)
(545,154) $
Sep-22 YIELD
6
$
11,906
R OUND S OF G OL F
Total
Sep-22 Budget
(583,965) $
$
(545,154) $
1,454
106,779
Variance Fav/(Unfav)
1.35%
Variance Fav/(Unfav)
$
$
3,854 3,854
(667,606)
(331,805) 9,683 STAFFING
Balance $
6,456,185
Total
$
$ 1,020,000
Variance Fav/(Unfav)
$
$
3,854 3,854
(667,606)
Variance Fav/(Unfav) 400,000 (200,000) (455,899) (110,000) (9,891) (48,000) (81,075) (16,000) $ (520,865) $ (1,188,471) 9,683
Sep-22
Sep-22
Variance
Actual
Budget
Fav/(Unfav)
281
287
(6)
Grand Lifestyles | November 2022 | suncitygrand.com
