HOMEOWNER FEES & FINANCIALS
A Very Brief Overview...
- The current monthly assessment is $213.00 per household, per month OR $639.00 quarterly.
- The Annual homeowner total Annual Assessment dollars is $7.95 million.
- Our Annual Operating Budget is $19 million.
- Association Annual Revenue equals 45%; Homeowner assessments (Net of Reserve Contributions). 55% is generated from our two Golf Courses, the Timbers at the Lodge Restaurant & Lounge, Timber Creek Catering services, and other Administrative Revenues.
- Total assets of the Community equal $55 million.
- The operating fund balance equals $2.1 million.
- The year-end Total Reserve Fund balance is $14.6 million.
- Total percentage of Reserves are funded, equals approximately 99.6%.
- Sun City Roseville Community Association has NO debt.
For a more detailed look at the financial strength of the Sun City Roseville Community Association, the most current Audited Statement.