Jun - Sun City Oro Valley

Financial Statements
For the Fiscal Year Ending
June 30, 2013
(Unaudited)
Statement of Financial Position…………………………………… 2
Cash Statement ………………………………………….………………… 3
Revenues & Expenses- Results of Operations …………… 4
Changes in Fund Balances …………………………………………. 5
Capital Acquisitions & Replacements ……………………….. 6
Work in Progress ………..………………………………………………. 7
Golf Statistics ………………………………...……………………………. 8

Sun City Vistoso Community Association, Inc.
STATEMENT OF FINANCIAL POSITION
(unaudited)
June 30
ASSETS 2013 2012
Current Assets:
Cash and Cash Equivalents $5,912,700 $2,265,779
Investments in CD's & Treasuries $2,849,754 $4,001,635
$8,762,454 $6,267,414
Accounts Receivable 19,476 7,775
Accounts Receivable - Spec. Assessment 147,440 0
Other Receivable 361 5,846
Interest Receivable 2,252 4,531
Inventory 42,750 47,523
Prepaid Expenses 96,455 94,935
Deposits 49,328 5,898
Total Current Assets $9,120,516 $6,433,922
Land & Improvements 9,696,374 9,451,285
Buildings 10,731,650 10,682,365
Furniture & Equipment 4,347,132 4,302,648
Work in Progress 119,516 35,409
24,894,672 24,471,707
Less Accumulated Depreciation (11,866,536) (10,968,212)
13,028,136 13,503,495
Total Fixed Assets $13,028,136 $13,503,495
Total Assets $22,148,652 $19,937,417
LIABILITIES & FUND BALANCES
Liabilities:
Accounts Payable $66,254 $68,938
Accrued Liabilities 187,005 162,439
Deferred Revenues 3,557,334 2,951,290
Total Liabilities $3,810,593 $3,182,667
Fund Balances
Operations 331,065 181,736
Land, Building & Equipment 12,908,531 13,503,496
Asset Reserve 2,734,059 2,192,979
Capital Fund 2,041,386 539,250
Contingency 288,680 301,558
C.A.C. Fund 9,118 11,066
Friends of the Library 25,221 24,665
Total Fund Balances $18,338,059 $16,754,750
Total Liabilities & Fund Balances $22,148,652 $19,937,417

Sun City Vistoso Community Association, Inc.
CASH STATEMENT
(unaudited)
June 30, 2013
Petty Cash Funds $1,900
Cash Accounts
UBS Cash Management
Cash & Money Accts 5,279,875
Total 5,279,875
Mutual of Omaha CAB
Cash & Money Accts 437,921
Total 437,921
Bank of the West
Checking 18,686
Payroll 30,581
Deposit Account 143,737
Total 193,004
Total Cash $5,912,700
Short Term Investments
Certificates of Deposit
Acquired Maturity Yield Market Value
04/12/13 07/24/13 0.20% 239,959
05/23/13 08/30/13 0.25% 239,904
08/31/12 09/06/13 0.40% 239,957
04/12/13 10/21/13 0.25% 239,820
01/28/13 11/01/13 0.35% 239,880
01/29/13 02/06/14 0.40% 239,775
04/04/13 04/03/14 0.25% 238,500 Mut of Omaha
04/04/13 04/03/14 0.25% 11,610 Mut of Omaha
04/12/13 04/17/14 0.40% 239,417
04/12/13 04/30/14 0.30% 239,385
Total Short Term Investments
2,168,207
$2,168,207
Long Term Investments Acquired Maturity Yield Market Value
Certificates of Deposit
10/30/09 10/31/14 Variable 117,951
08/12/10 08/20/15 2.25% 103,365
01/26/10 01/29/16 Variable 109,140
05/27/11 05/27/16 2.20% 143,514
06/02/11 06/02/16 2.17% 102,942
08/16/10 08/21/17 2.75% 104,635
681,547
Total Long Term Investments
$681,547
Grand Total Cash & Investments
$8,762,454

Sun City Vistoso Community Association, Inc.
Statement of Revenues & Expenses
and the Results of Operations
For the Fiscal Year Ending June 30, 2013
June
Year-to-Date
Previous
Previous
Actual Budget Year Actual Budget Year
Annual Homeowner Fees 238,013 238,013 234,903 3,906,160 3,906,160 3,868,840
Special Assessment 1,104 0 0 958,984 0 0
Capital Contribution Fee 34,540 9,420 21,785 317,115 172,700 223,157
AT&T Lease Revenue 2,652 0 2,575 31,264 0 27,103
Prepaid Golf Revenues 44,274 45,100 44,752 721,282 773,877 746,388
Daily Golf Revenues 24,565 17,850 19,755 398,728 351,813 348,588
Proshop Retail Sales 5,275 2,000 3,702 76,391 60,000 83,694
Activities Revenues 8,851 6,000 6,021 144,254 137,000 147,669
Advertising Revenues (1,935) 0 (5,410) 129,027 135,000 129,603
Café Revenues 39,927 31,000 33,549 583,042 550,000 583,599
Interest Income 1,640 500 2,848 25,520 10,000 23,205
Donations 0 0 0 20,000 0 10,320
Other Income 7,360 8,701 12,573 149,216 83,600 121,247
Total Revenues 406,266 358,584 377,053 7,460,983 6,180,150 6,313,413
Asset Reserve Contribution 0 0 0 (950,000) (950,000) (950,000)
Capital Fund Contribution 0 0 0 (100,000) (100,000) (100,000)
New Capital Acquisitions (6,706) (12,200) (5,714) (25,761) (20,200) (20,649)
Other Restricted Use Rev. (35,992) (9,420) (30,251) (1,372,188) (172,700) (296,912)
Operating Revenues 363,568 336,964 341,088 5,013,034 4,937,250 4,945,852
Less:
Wages & Benefits 214,485 217,217 216,387 2,583,504 2,629,552 2,544,574
Cost of Goods Sold 23,217 15,521 20,688 354,942 320,540 324,494
Utilities 97,491 91,341 113,153 789,986 837,470 812,416
Repair & Maint. 11,516 7,733 11,575 131,462 127,460 121,178
Supplies & Expenses 79,837 76,998 117,157 974,573 1,016,044 1,082,792
Uncollectible Assoc. Dues 4,525 4,000 6,121 4,525 4,000 6,121
Depreciation 48,683 90,000 116,159 1,038,683 1,080,000 1,084,159
Total Expenses 479,754 502,810 601,240 5,877,675 6,015,066 5,975,734
Restricted Fund Expenses (54,459) (90,000) (116,378) (1,079,354) (1,080,000) (1,104,529)
Operating Expenses 425,295 412,810 484,862 4,798,321 4,935,066 4,871,205
Results of Operations (61,727) (75,846) (143,774) 214,713 2,184 74,647

Sun City Vistoso Community Association, Inc.
Statement of Revenues & Expenses
and Changes in Fund Balances
For the Fiscal Year Ending June 30, 2013
2012-13
Land, Bldg Capital Contingency Friends of the Unaudited
Operations & Equip Asset Rsrve Fund Fund CAC Library Totals
Beginning Fund Balances
July 1, 2012 181,736 13,503,496 2,192,979 539,250 301,558 11,066 24,665 16,754,750
Revenues:
Homeowners Fees 2,856,160 950,000 100,000 3,906,160
Special Assessment 958,984 958,984
Golf Revenues 1,196,401 1,196,401
Café 583,042 583,042
Newsletter Advertising 129,027 129,027
Interest Income 13,905 11,457 126 29 1 2 25,520
Capital Contribution Fee 317,115 317,115
AT&T Lease Revenue 31,264 31,264
Donations 20,000 20,000
Donations In Kind 0
Other Income 260,222 2,195 5,218 13,181 280,816
TOTAL REVENUES 5,038,757 0 961,457 1,427,489 2,224 5,219 13,183 7,448,329
Expenses:
Payroll & Benefits (2,583,504) (2,583,504)
Cost of Sales (354,942) (354,942)
Utilities (789,986) (789,986)
Repair & Maint. (131,462) (131,462)
Supplies & Expenses (938,425) (15,102) (7,167) (12,627) (973,321)
TOTAL EXPENSES (4,798,319) 0 0 0 (15,102) (7,167) (12,627) (4,833,215)
Depreciation Expense (1,038,683) (1,038,683)
Fund Transfers (74,647) 74,647 0
Unrealized Gain on Invest. 9,299 9,299
Capital Purchases (25,761) 449,494 (423,732) 0
AFC Renovation Expenses 119,516 (119,516) 0
Disposal of Assets (146,135) 3,355 (142,780)
Accum Depre/Disposal 140,359 140,359
Interest Transfers 0
Unaudited Fund Balances
June 30, 2013 331,065 12,908,531 2,734,059 2,041,386 288,680 9,118 25,221 18,338,059

SUN CITY VISTOSO COMM. ASSOC., INC.
CAPITAL EXPENDITURES & REPLACEMENTS
For Fiscal Year 2012-2013
As of June 30, 2013
ASSET RESERVE
NEW CAPITAL ACQUISITIONS
Annual Schedule $1,544,232.00 Budget $20,200.00
Jul-12 Refrigerator/Freezer (Native Amer. Rooms Kitchen) $2,807.89 Jul-12 * Service Installation - DO WiFi $1,200.00
Jul-12 Dishwasher & Range (Native Amer. Rooms Kitchen) $1,385.90 Jul-12 * Chemical Controller - AFC Pool $2,763.82
Jul-12 Pressure Washer (Golf Course Maintenance) $3,995.95 Aug-12 * Ice Maker (Native AmericanRooms Kitchen) $1,692.77
Jul-12 (1) HVAC Unit - CAC Loan Room $4,200.00 Sep-12 Fiber Optic Network (VC to Café/PS to Maint) $6,858.44
Jul-12 Lion's Head Fountain Mineral Deposit Cleaning $2,609.10 Oct-12 * Ice Maker (Native AmericanRooms Kitchen) - Balance $232.38
Jul-12 Kimley-Horn (Project Management) $2,751.50 Oct-12 * Network Switch (Pro Shop/Café) $1,471.76
Jul-12 Santa Rita Landscaping (MV Landscaping) $70,173.83 Nov-12 * Automatic Door Opener (Café Patio) $1,688.64
Jul-12 ** Transmission (CAM '05 Nissan Truck) $3,451.03 Mar-13 Bal. Fiber Optic Network (VC to Café/PS to Maint) $1,274.16
Aug-12 Interior Painting (Native American Rooms) $13,935.00 May-13 * (6) Tennis Benches (MV Courts) $1,873.30
Aug-12 Cabinets (Native American Rooms) $15,238.00 Jun-13 Secure Access - DO $2,200.25
Aug-12 ** Transmission (Posse Truck) $2,542.22 Jun-13 Secure Access - CV $2,593.53
Aug-12 Carpet Replacement (Library) $8,796.99 Jun-13 * Office Desk - AFC $1,912.13
Aug-12 Concrete Saw Cuts (MV Landscaping) $187.63
Sep-12 Kimley-Horn (Project Management) $1,540.50 Total Purchases $25,761.18
Sep-12 Blinds (Native American Rooms) $5,981.02
Oct-12 Desert Trees (MV Landscaping) $339.99
Oct-12 Desert Trees (MV Landscaping) $458.39 Unexpended/(Over) Budget ($5,561.18)
Oct-12 Mountain States Wholesale Nursery (MV Landscaping) $906.60
Oct-12 Santa Rita Landscaping (MV Landscaping) $1,905.00
Oct-12 Santa Rita Landscaping (MV Landscaping) $4,906.20 * Item not budgeted for in current fiscal year.
Oct-12 Santa Rita Landscaping (MV Landscaping) $68,000.00
Oct-12 Custom Solar & Leisure (DO Solar Pool Heater Repair) $3,431.00
Oct-12 Tenshon (Tennis Court Awnings) $4,320.43 CAPITAL FUND
Oct-12 Tucson Commercial Carpet (Pro Shop Carpet) $6,112.33
Nov-12 Pool Deck Painting (DO) $4,225.00
Dec-12 Computers $7,778.39 Mar-13 STG Design, Inc. (AFC Design Progress Pmt) $13,332.86
Dec-12 Range Ball Washer (Pro Shop) $2,200.00 Mar-13 WLB Group (Planning Meeting) $105.00
Dec-12 Range Picker Assembly (Pro Shop) $2,300.00 Apr-13 STG Design, Inc. (AFC Design Progress Pmt) $26,509.53
Dec-12 Club Car Range Picker (Pro Shop) $10,536.97 Apr-13 WLB Group (Coord./Meetings/Surveying) $1,781.06
Dec-12 Santa Rita Landscaping (MV Landscaping) $25,660.88 May-13 Town of Oro Valley (Plan Check) $7,761.17
Dec-12 Santa Rita Landscaping (MV Landscaping) $1,054.17 May-13 W.E. O'Neil (Pre-Const. Progress Pmt.) $5,819.00
Dec-12 Santa Rita Landscaping (MV Landscaping) $1,054.17 May-13 STG Design, Inc. (AFC Design Progress Pmt) $26,779.17
Dec-12 Santa Rita Landscaping (MV Landscaping) $1,054.17 May-13 WLB Group (Civil Improvement Plans) $1,666.50
Dec-12 AAA Landscaping (MV Landscaping - Low Voltage Lighting) $12,096.95 Jun-13 STG Design, Inc. (AFC Design Progress Pmt) $27,222.90
Jan-13 AAA Landscaping (RV Blvd. Median Design) $2,850.00 Jun-13 Town of Oro Valley (Permit Fee) $220.00
Jan-13 (1) Kubota Tractor (Course) $29,811.29 Jun-13 W.E. O'Neil (Pre-Const. Final Pmt.) $5,819.00
Jan-13 (2) Pool Heaters (AFC) $5,256.70 Jun-13 Western Technologies(Geotechnical Engineering) $2,500.00
Jan-13 Santa Rita Landscaping (MV Landscaping) $1,054.17
Jan-13 Low Voltage Lighting Supplies (MV Landscaping) $369.66
Feb-13 ** ()5' Round Folding Tables (Social Hall) $3,494.98 Total Expenditures $119,516.19
Feb-13 Range Ball Machine (Pro Shop) $6,372.25
Feb-13 Kimley-Horn (Project Management) $1,027.00
Feb-13 Santa Rita Landscaping (MV Landscaping) $6,415.22
Feb-13 Santa Rita Landscaping (MV Landscaping) $527.08
Mar-13 Meat Slicer (Café) $3,176.21
May-13 Sidewalk/Pad Repair $4,800.00
May-13 Sidewalk/Curb Repair $2,800.00
May-13 Computer (Admin) $1,551.56 CONTINGENCY FUND
May-13 Blackout Shades (Native American Rooms) $1,672.30
May-13 (1) Toro 3280 Rough Mower (Course) $21,595.00
May-13 Exterior Doors (Catalina Vista) $10,185.43
Jun-13 Door Locks & Hardware (DO/CV Doors) $3,353.41
Jun-13 ** (80) Café Chairs/(6) Café Bar Stools $19,482.98 Oct-12 STG Design, Inc. (AFC Design Progress Pmt) $5,699.21
Nov-12 STG Design, Inc. (AFC Design Progress Pmt) $2,035.00
Jan-13 STG Design, Inc. (AFC Design Progress Pmt) $7,367.50
Total Expenditures $423,732.44
Total Expenditures $15,101.71
Unexpended/(Over) Budget $1,120,499.56
** Not scheduled for purchase in current fiscal year.

Sun City Vistoso Community Association, Inc.
Work In Progress
as of June 30, 2013
AFC Renovation
Board Approval - $1,990,000
Cumulative
(Capital Fund) Date Vendor Amount Total
Mar-13 AFC Design (Progress Pmt) $13,332.86
Mar-13 WLB Group (Planning Meeting) $105.00
Apr-13 STG Design, Inc. (AFC Design Progress Pmt) $26,509.53
Apr-13 WLB Group (Coord./Meetings/Surveying) $1,781.06
May-13 Town of Oro Valley (Plan Check) $7,761.17
May-13 W.E. O'Neil (Pre-Const. Progress Pmt.) $5,819.00
May-13 STG Design, Inc. (AFC Design Progress Pmt) $26,779.17
May-13 WLB Group (Civil Improvement Plans) $1,666.50
Jun-13 STG Design, Inc. (AFC Design Progress Pmt) $27,222.90
Jun-13 Town of Oro Valley (Permit Fee) $220.00
Jun-13 W.E. O'Neil (Pre-Const. Final Pmt.) $5,819.00
Jun-13 Western Technologies(Geotechnical Engineering) $2,500.00
$119,516.19
.

For June 2013
Sun City Vistoso Community Association, Inc.
GOLF STATISTICS
Rounds Green Membership Cart Total
Played* Fees Fees Rental Revenue
Annual Prepaids 1,059 $0 $31,275 $0 $31,275
9 Hole Annuals 310 $295 $13,000 $0 $13,295
Punch Cards 7 $0 $0 $0 $0
Daily Residents 108 $3,005 $0 $5 $3,010
Resident Guests 47 $1,000 $0 $5 $1,005
Non-Res Public 341 $7,704 $0 $1,404 $9,108
Golf Now 278 $8,468 $0 $1,277 $9,745
Golf Now Trade 107 $0 $0 $0 $0
Comps 96 $0 $0 $0 $0
Totals 2,353 $20,472 $44,275 $2,691 $67,438
For the Fiscal Year Ending June 30, 2013
Rounds Green Membership Cart Total
Played* Fees Fees Rental Revenue
Annual Prepaids 14,543 $0 $453,257 $0 $453,257
9 Hole Annuals 4,683 $7,125 $188,401 $0 $195,526
Punch Cards 1,445 $0 $79,625 $0 $79,625
Daily Residents 1,965 $101,748 $0 $134 $101,882
Resident Guests 904 $32,993 $0 $83 $33,076
Non-Res Public 3,396 $94,465 $0 $18,145 $112,610
Golf Now 2,863 $94,850 $0 $19,163 $114,013
Golf Now Trade 1,443 $0 $0 $0 $0
Comps 1,510 $0 $0 $0 $0
Totals 32,752 $331,181 $721,283 $37,525 $1,089,989
For the Fiscal Year Ending June 30, 2012
Rounds Green Membership Cart Total
Played* Fees Fees Rental Revenue
Annual Prepaids 15,464 $0 $475,488 $0 $475,488
9 Hole Annuals 4,015 $4,192 $172,916 $0 $177,108
Punch Cards 1,757 $0 $97,805 $0 $97,805
Daily Residents 1,760 $82,586 $0 $116 $82,702
Resident Guests 1,054 $28,556 $0 $94 $28,650
Non-Res Public 3,292 $95,194 $0 $15,640 $110,834
Golf Now 3,155 $71,742 $0 $21,314 $93,056
Comps 1,016 $0 $0 $0 $0
Totals 31,513 $282,270 $746,209 $37,164 $1,065,643
* 18 Hole Equivalent Rounds (9 Holes = 1/2 Round)
Annual Fees Sold
Annual Non-Res 9 Hole Daily Reduced Driving
Package Annual Annual Punch Rate Card Range
Current Year Budget 150 18 105 282 0 15
Fiscal 12-13 139 25 115 209 37 11
11-12 152 22 106 253 0 18
10-11 180 20 106 237 0 8
09-10 188 29 109 310 0 9
08-09 224 27 104 357 0 7
07-08 266 20 87 281 0 5
06-07 290 5 87 299 0 1
05-06 320 0 0 396 29 3