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HOMEOWNER FEES & FINANCIALS

A Very Brief Overview...

  • The current monthly assessment is $180.00 per household, per month OR $540.00 quarterly.
  • The Annual homeowner total Annual Assessment dollars is $6.2 million.
  • Our annual Operating Budget is $14.4 million.
  • Association Annual Revenue equals 43%; Homeowner assessments (Net of Reserve Contributions). 57% is generated from our two Golf Courses, the Timbers at the Lodge Restaurant & Lounge, Timnber Creek Catering services, and other Administrative Revenues.
  • The balance of the Capital Improvement Savings Account is approximately $1 million.
  • Total assets of the Community equal $44.6 million.
  • The operating fund balance equals $1.9 million.
  • The year-end Total Reserve Fund balance is $9.4 million.
  • Total percentage of Reserves are funded, equals approximately 100%.
  • 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.
Sherri Walker