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01 July 2019 SilverRock Resort - Monthly Financial Statement Monthly Financial Statements July 2019 – July 2019 TABLE OF CONTENTS Summary Operating Income Expense 1 Statement of Fee Revenue 2 Variance Report 3 Golf Shop Income Statement 4 Course Maintenance Expense Statement 5 Outside Service Expense Statement 7 Clubhouse Expense Statement 8 Marketing Expense Statement 9 General & Administrative Expense Statement 10 Operating Leases & Miscellaneous Expense Statement 12 Complimentary Report 13 Annual BudgetAccount Description July 2019 Final Budget Variance Percentages Unfavorable (-) Favorable (+) Final Budget Variance Annual Budget Unemcumb. % Bdgt Income400000 Golf Green Fee Revenue77,480.89 72,051.00 5,429.89 7.5% 77,480.89 72,051.00 5,429.89 3,209,134.00 3,131,653.11 2%401000 Miscellaneous Golf Revenue6,891.00 2,360.00 4,531.00 192.0% 6,891.00 2,360.00 4,531.00 300,066.00 293,175.00 2%410000 Revenue-Golf Shop10,761.83 8,160.00 2,601.83 31.9% 10,761.83 8,160.00 2,601.83 249,256.00 238,494.17 4%420000 Revenue-F&B Concession500.00 500.00 - 0.0%500.00 500.00 - 12,000.00 11,500.00 4%890000 Interest Income0.05 - 0.05 0.0%0.05 - 0.05 - (0.05) 0%Total Income95,633.77 83,071.00 12,562.77 15.1% 95,633.77 83,071.00 12,562.77 3,770,456.00 3,674,822.23 3%Cost of Goods Sold510000 COS-Golf Shop6,112.72 4,584.45 1,528.27 -33.3% 6,112.72 4,584.45 (1,528.27) 139,509.00 133,396.28 4%Total COS6,112.72 4,584.45 1,528.27 -33.3% 6,112.72 4,584.45 (1,528.27) 139,509.00 133,396.28 4%Gross Profit89,521.05 78,486.55 11,034.50 14.1% 89,521.05 78,486.55 11,034.50 3,630,947.00 3,541,425.95 2%Expenses610000 Golf Pro Shop15,124.65 13,569.00 1,555.65 -11.5% 15,124.65 13,569.00 1,555.65 208,393.00 193,268.35 7%630000 Course Maintenance110,714.36 132,879.00 (22,164.64) 16.7% 110,714.36 132,879.00 (22,164.64) 1,783,663.00 1,672,948.64 6%633000 Maintenance Water & Energy23,864.03 23,415.00 449.03 -1.9% 23,864.03 23,415.00 449.03 249,838.00 225,973.97 10%640000 Outside Services23,982.31 21,232.00 2,750.31 -13.0% 23,982.31 21,232.00 2,750.31 396,373.00 372,390.69 6%650000 Clubhouse9,676.48 9,901.00 (224.52) 2.3%9,676.48 9,901.00 (224.52) 125,312.00 115,635.52 8%660000 Marketing11,593.25 7,267.00 4,326.25 -59.5% 11,593.25 7,267.00 4,326.25 222,203.00 210,609.75 5%670000 General & Administrative24,895.72 27,299.00 (2,403.28) 8.8% 24,895.72 27,299.00 (2,403.28) 360,401.00 335,505.28 7%680000 Leases25,603.70 24,900.00 703.70 -2.8% 25,603.70 24,900.00 703.70 313,250.00 287,646.30 8%690000 Miscellaneous Other Expense20,426.01 19,080.00 1,346.01 -7.1% 20,426.01 19,080.00 1,346.01 178,360.00 157,933.99 11%Total Expenses265,880.51 279,542.00 (13,661.49) 4.9% 265,880.51 279,542.00 13,661.49 3,837,793.00 3,571,912.49 7%(176,359.46) (201,055.45) 24,695.99 12.3%(176,359.46) (201,055.45) 24,695.99 (206,846.00) (30,486.54) 0%Rounds of Golf PlayedPaid Rounds Played2,460 2,400 60 2.5%2,460 2,400 60 43,667 41,207 6%Ave $ Per Paid Round Green Fee31.50 30.02 1.48 4.9%31.50 30.02 1.48 73.49 41.99 43%Ave $ Per Paid Round Merchandise4.37 3.40 0.97 28.7%4.37 3.40 0.97 5.71 1.33 77%Ave $ Per Paid Miscellaneous 2.80 0.98 1.82 184.9%2.80 0.98 1.82 6.87 4.07 41%SilverRock ResortSummary Operating Income StatementNet IncomeMonth to DateYear to DateJuly 20191 Income July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.% Budget4000000 Revenue-Fees77,480.89 72,051.00 5,429.89 77,480.89 72,051.00 5,429.89 2,309,134.00 2,231,653.11 96.6%4010000 Rider Fee770.00 101.00 669.00 770.00 101.00 669.00 7,807.00 7,037.00 90.1%4040000 Club Rental1,490.00 504.00 986.00 1,490.00 504.00 986.00 21,087.00 19,597.00 92.9%4050000 Driving Range1,681.00 755.00 926.00 1,681.00 755.00 926.00 94,872.00 93,191.00 98.2%4060000 Handicap Fees- - - - - - 2,500.00 2,500.00 100.0%4090000 Ball Retriever/Subcontract550.00 500.00 50.00 550.00 500.00 50.00 2,500.00 1,950.00 78.0%4091000 Golf Professional Rental Fee- - - - - - 6,000.00 6,000.00 100.0%4092000 Golf Lessons- - - - - - - - 0.0%4093000 Resident Card Issue2,400.00 500.00 1,900.00 2,400.00 500.00 1,900.00 165,300.00 162,900.00 98.5% Total Revenue Fees84,371.89 74,411.00 9,960.89 84,371.89 74,411.00 9,960.89 2,609,200.00 2,524,828.11 96.8%84,371.89 74,411.00 9,960.89 84,371.89 74,411.00 9,960.89 2,609,200.00 2,524,828.11 96.8%SilverRock ResortStatement of Fees RevenueTotal IncomeMonth to DateYear to DateAnnual BudgetJuly 20192 RevenuesActual BudgetVariance$6,891.00 $2,360.004,531.00Favorable: Due to increase in resident card issuance. Also, utilization of the driving range was higher than expected with construction.Actual BudgetVariance$10,761.83 $8,160.002,601.83Favorable: Foot traffic was higher than anticipated. Adjustments made for construction and ability to access the Pro Shop.ExpensesActual BudgetVariance$15,124.65 $13,569.001,555.65Unfavorable: Due to addition labor requirements for relocation of the Golf ShopActual BudgetVariance$110,714.36 $132,879.00(22,164.64)Favorable: Due to timing of invoices for Chemicals, and Fertilizer. Sod budget was only particularly utilized due to construction.Actual BudgetVariance$23,982.31 $21,232.002,750.31Unfavorable: Due to an increase in expenses for maintenance of golf carts. This is the final year for this fleet and extra maintenance is required. Also,labor higher due to temporary cart barn removal.Actual BudgetVariance$11,593.25 $7,267.004,326.25Unfavorable: Due to timing of invoices from previous month.Actual BudgetVariance$24,895.72 $27,299.00(2,403.28)Favorable: Due to reduced payrollActual BudgetVariance$25,599.23 $28,800.00(3,200.77)Favorable: Due to reduced lease payment from projections, and discounted GPS rental fees.Actual BudgetVariance$20,426.01 $19,080.001,346.01Favorable: Due to timing of invoices for property tax and commercial insurance.Golf Shopprovided for those cost of sales percentage that are greater than 5%.Pro Shop Merchandise SalesMiscellaneous Golf RevenueVariance ExplanationJuly 2019The explanation of variance from budget shown below provide details of variances by revenue and expensecategories of at least $1,000 that are greater than 10% of the budgeted amounts. Separate explanations areGeneral and AdministrativeMarketingLeasesMiscellaneous Other ExpenseGolf Course MaintenanceOutside Services3-20-133 RevenuesActual BudgetVariance$6,891.00 $2,360.004,531.00Favorable: Due to increase in resident card issuance. Also, utilization of the driving range was higher than expected with construction.Actual BudgetVariance$10,761.83 $8,160.002,601.83Favorable: Foot traffic was higher than anticipated. Adjustments made for construction and ability to access the Pro Shop.ExpensesActual BudgetVariance$15,124.65 $13,569.001,555.65Unfavorable: Due to addition labor requirements for relocation of the Golf ShopActual BudgetVariance$110,714.36 $132,879.00(22,164.64)Favorable: Due to timing of invoices for Chemicals, and Fertilizer. Sod budget was only particularly utilized due to construction.Actual BudgetVariance$23,982.31 $21,232.002,750.31Unfavorable: Due to an increase in expenses for maintenance of golf carts. This is the final year for this fleet and extra maintenance is required. Also,labor higher due to temporary cart barn removal.Actual BudgetVariance$11,593.25 $7,267.004,326.25Unfavorable: Due to timing of invoices from previous month.Actual BudgetVariance$24,895.72 $27,299.00(2,403.28)Favorable: Due to reduced payrollActual BudgetVariance$25,599.23 $28,800.00(3,200.77)Favorable: Due to reduced lease payment from projections, and discounted GPS rental fees.Actual BudgetVariance$20,426.01 $19,080.001,346.01Favorable: Due to timing of invoices for property tax and commercial insurance.Golf Shopprovided for those cost of sales percentage that are greater than 5%.Pro Shop Merchandise SalesMiscellaneous Golf RevenueVariance ExplanationJuly 2019The explanation of variance from budget shown below provide details of variances by revenue and expensecategories of at least $1,000 that are greater than 10% of the budgeted amounts. Separate explanations areGeneral and AdministrativeMarketingLeasesMiscellaneous Other ExpenseGolf Course MaintenanceOutside Services3-20-134 Income July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.% Budget4100000 Sales Miscellaneous 1,096.19 - 1,096.19 1,096.19 - 1,096.19 00 0%4100110 Sales Hard Goods4,316.64 2,040.00 2,276.64 4,316.64 2,040.00 2,276.64 62,314.00 57,997.36 93.1%4100112 Sales-Soft Goods5,349.00 6,120.00 (771.00) 5,349.00 6,120.00 (771.00) 186,942.00 181,593.00 97.1%5100639 GS-Discounts-Mdse- - - - - - - - 0.0% Total Revenue Golf Shop10,761.83 8,160.00 2,601.83 10,761.83 8,160.00 2,601.83 249,256.00 239,590.36 96.1%COS 5100150 COS-GS-Hard Goods 2,605.04 1,189.00 1,416.04 2,605.04 1,189.00 1,416.04 34,877.15 32,272.11 92.5%5100151 COS-GS-Soft Goods 3,504.76 3,568.00 (63.24) 3,504.76 3,568.00 (63.24) 104,631.44 101,126.68 96.7%5100152 COS-GS-Purchase Disc (20.72) (246.50) 225.78 (20.72) (246.50) 225.78 (8,037.00) (8,016.28) 99.7%5100220 COS-GS-Freight Merch 23.64 73.95 (50.31) 23.64 73.95 (50.31) 2,411.00 2,387.36 99.0%Cost of Sales - Golf Shop6,112.72 4,584.45 1,528.27 6,112.72 4,584.45 1,528.27 133,882.59 127,769.87 95.4%Gross Profit 4,649.11 3,575.55 1,073.56 4,649.11 3,575.55 1,073.56 115,373.41 111,820.49 96.9%COS %56.8% 56.2% -0.6% 56.8% 56.2% -0.6% 53.1% 53.3% 100.5%Expense61-PS-SALARIES & BENEFITS6101320 Insurance Group189.72 490.00 (300.28) 189.72 490.00 (300.28) 5,880.00 5,690.28 96.8%6101325 Insurance-Workers Comp 699.79 395.00 304.79 699.79 395.00 304.79 6,054.00 5,354.21 88.4%6101720 Salaries5,008.16 4,400.00 608.16 5,008.16 4,400.00 608.16 51,000.00 45,991.84 90.2%6101800 Taxes-Employer Payroll 1,007.52 1,052.00 (44.48) 1,007.52 1,052.00 (44.48) 16,144.00 15,136.48 93.8%6101880 Wages-Hourly7,880.88 6,122.00 1,758.88 7,880.88 6,122.00 1,758.88 98,874.00 90,993.12 92.0%6101882 Wages-Overtime25.50 - 25.50 25.50 - 25.50 - 952.88 0.0%Total -PS-SALARIES & BENEFITS 14,811.57 12,459.00 2,352.57 14,811.57 12,459.00 2,352.57 177,952.00 164,118.81 92.2%61-PS OTHER EXPENSES6103742 Supplies-Expendable- - - - - - - - 0.0%6103762 Supplies-Office31.00 250.00 (219.00) 31.00 250.00 (219.00) 3,000.00 2,969.00 99.0%6109220 Freight & Delivery- - - - - - 75.00 75.00 100.0%6109490 Miscellaneous122.29 500.00 (377.71) 122.29 500.00 (377.71) 6,000.00 5,877.71 98.0%6109150 Dues and Subscriptions- - - - - - 2,300.00 2,300.00 100.0%6109500 ProShop-Over/Short6.19 - 6.19 6.19 - 6.19 - (6.19) 0.0%6109722 Seminars/Training- 150.00 (150.00) - 150.00 (150.00) 3,690.00 3,690.00 100.0%6109810 Travel - Merchandise- - - - - - 90.00 90.00 100.0%6109820 Uniforms105.42 100.00 5.42 105.42 100.00 5.42 2,400.00 2,294.58 95.6%6117840 Telephones48.18 110.00 (61.82) 48.18 110.00 (61.82) 1,320.00 1,271.82 96.4%313.08 1,110.00 (796.92) 313.08 1,110.00 (796.92) 18,875.00 18,561.92 98.3%15,124.65 13,569.00 1,555.65 15,124.65 13,569.00 1,555.65 196,827.00 182,680.73 92.8%Net Income(10,475.54) (9,993.45) (482.09) (10,475.54) (9,993.45) (482.09) (81,453.59) (70,860.24) 87.0%SilverRock ResortGolf Shop Income StatementTotal Expenses-Golf ShopMonth to DateYear to DateAnnual BudgetJuly 20195 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.%BudgetExpense63-CM-SALARIES & BENEFITS6311320 Insurance-Group6,984.95 9,810.00 (2,825.05) 6,984.95 9,810.00 (2,825.05) 117,720.00 110,735.05 94.1%6311325 Insurance-Workers Comp2,680.88 1,964.00 716.88 2,680.88 1,964.00 716.88 28,929.00 26,248.12 90.7%6311720 Salaries13,012.76 12,480.00 532.76 13,012.76 12,480.00 532.76 166,400.00 153,387.24 92.2%6311800 Taxes-Employer Payroll2,333.25 5,239.00 (2,905.75) 2,333.25 5,239.00 (2,905.75) 77,767.00 75,433.75 97.0%6311880 Wages-Hourly40,113.98 39,906.00 207.98 40,113.98 39,906.00 207.98 592,769.00 552,655.02 93.2%6311882 Wages-Overtime4,021.13 - 4,021.13 4,021.13 - 4,021.13 18,500.00 14,478.87 78.3%Total-CM-SALARIES & BENEFITS69,146.95 69,399.00 (252.05) 69,146.95 69,399.00 (252.05) 1,002,085.00 932,938.05 93.1%63-CM-SUPPLIES & MATERIALS6313734 Chemicals- 13,754.00 (13,754.00) - 13,754.00 (13,754.00) 50,060.00 50,060.00 100.0%6313744 Fertilizer2,610.00 5,870.00 (3,260.00) 2,610.00 5,870.00 (3,260.00) 104,520.00 101,910.00 97.5%6313745 Herbicides- - - - - - - - 0.0%6313746 Flowers/Plants- - - - - - 3,050.00 3,050.00 100.0%6313748 Fuel-Gasoline3,479.15 3,200.00 279.15 3,479.15 3,200.00 279.15 46,860.00 43,380.85 92.6%6313750 Golf Course Accessories- - - - - - 13,140.00 13,140.00 100.0%6313756 POA Control- - - - - - 9,900.00 9,900.00 100.0%6313758 Miscellaneous Supp445.44 750.00 (304.56) 445.44 750.00 (304.56) 4,350.00 3,904.56 89.8%6313762 Supplies-Office22.78 - 22.78 22.78 - 22.78 - (22.78) 0.0%6313774 Sand- 390.00 (390.00) - 390.00 (390.00) 13,460.00 13,460.00 100.0%6313776 Seed- - - - - - 117,400.00 117,400.00 100.0%6313778 Small Tools & Non-Capital Equip 1,019.48 100.00 919.48 1,019.48 100.00 919.48 5,000.00 3,980.52 79.6%6313780 Sod788.45 5,300.00 (4,511.55) 788.45 5,300.00 (4,511.55) 15,500.00 14,711.55 94.9%6313782 Topdressing- - - - - - 10,000.00 10,000.00 100.0%Total-CM-SUPPLIES & MATERIALS8,365.30 29,364.00 (20,998.70) 8,365.30 29,364.00 (20,998.70) 393,240.00 384,874.70 97.9%63-CM-REPAIRS & MAINTENANCE6315095 CM-R&M-Contract Lake Maint3,500.00 3,850.00 (350.00) 3,500.00 3,850.00 (350.00) 30,800.00 27,300.00 88.6%6315685 CM-R&M-Bldngs & Othr Structures 295.62 1,250.00 (954.38) 295.62 1,250.00 (954.38) 5,550.00 5,254.38 94.7%6315690 CM-R&M-Equipment3,995.95 2,000.00 1,995.95 3,995.95 2,000.00 1,995.95 38,500.00 34,504.05 89.6%6315692 CM-R&M-Irrigation System1,177.54 4,400.00 (3,222.46) 1,177.54 4,400.00 (3,222.46) 19,050.00 17,872.46 93.8%6315696 CM-R&M-Pumps663.05 1,000.00 (336.95) 663.05 1,000.00 (336.95) 10,500.00 9,836.95 93.7%6315815 CM-R&M-Trees-Pruning Etc- - - - - - 12,050.00 12,050.00 100.0%Total-CM-REPAIRS & MAINTENANCE9,632.16 12,500.00 (2,867.84) 9,632.16 12,500.00 (2,867.84) 116,450.00 106,817.84 91.7%6317836 Utilities-Natural Gas/LPG - 15.00 (15.00) - 15.00 (15.00) 180.00 180.00 0.0%6317840 Telephones832.73 850.00 (17.27) 832.73 850.00 (17.27) 10,200.00 9,367.27 91.8%Total-CM-UTILITIES832.73 865.00 (32.27) 832.73 865.00 (32.27) 10,380.00 9,547.27 92.0%63-CM-OTHER EXPENSES6319020 Auto Mileage/Allowance400.00 400.00 - 400.00 400.00 - 4,800.00 4,400.00 91.7%6319100 Contract Svcs-Soil/Tissue Test- - - - - - 2,000.00 2,000.00 100.0%6319102 Contract Svcs-Trash Removal- 524.00 (524.00) - 524.00 (524.00) 6,288.00 6,288.00 100.0%6319150 Dues & Subscriptions- - - - - - 680.00 680.00 100.0%6319170 Employee Education- 50.00 (50.00) - 50.00 (50.00) 3,900.00 3,900.00 100.0%6319197 Equipment Rental- 200.00 (200.00) - 200.00 (200.00) 3,400.00 3,400.00 100.0%6319206 Licenses & Permits575.00 100.00 475.00 575.00 100.00 475.00 4,300.00 3,725.00 86.6%6319490 Miscellaneous- 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0%6319718 Safety Equipment & Training- 200.00 (200.00) - 200.00 (200.00) 3,850.00 3,850.00 100.0%6319822 Uniforms1,544.81 920.00 624.81 1,544.81 920.00 624.81 11,040.00 9,495.19 86.0%Total-CM-OTHER EXPENSES2,519.81 2,494.00 25.81 2,519.81 2,494.00 25.81 41,458.00 38,938.19 93.9%SilverRock ResortCourse Maintenance Expense StatementAnnual BudgetJuly 2019Month to DateYear to Date6 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.%Budget632-CM-LANDSCAPE MAINTENANCE632-CM-LM-SALARIES & BENEFITS6321320 Insurance-Group 3,550.48 2,450.00 1,100.48 3,550.48 2,450.00 1,100.48 29,400.00 25,849.52 87.9%6321325 Insurance-Workers Comp742.80 500.00 242.80 742.80 500.00 242.80 5,955.00 5,212.20 87.5%6321800 Taxes-Employer Payroll479.63 1,333.00 (853.37) 479.63 1,333.00 (853.37) 15,995.00 15,515.37 97.0%6321880 Wages-Hourly12,856.00 13,334.00 (478.00) 12,856.00 13,334.00 (478.00) 156,528.00 143,672.00 91.8%6321882 Wages-Overtime790.50 - 790.50 790.50 - 790.50 3,418.00 2,627.50 76.9%Total-CM-LM-SALARIES & BENEFITS18,419.41 17,617.00 802.41 18,419.41 17,617.00 802.41 211,296.00 192,876.59 91.3%632-CM-LM-SUPPLIES & MATERIALS6323778 Small Tools- 100.00 (100.00) - 100.00 (100.00) 1,025.00 1,025.00 100.0%6323788 Uniforms- 290.00 (290.00) - 290.00 (290.00) 3,480.00 3,480.00 100.0%Total-CM-LM-SUPPLIES & MATERIALS- 390.00 (390.00) - 390.00 (390.00) 4,505.00 4,505.00 100.0%632-CM-LM-REPAIRS & MAINTENANCE6325687 CM-LM-R&M-Drip Irrigation 1,798.00 250.00 1,548.00 1,798.00 250.00 1,548.00 4,250.00 2,452.00 57.7%Total-CM-LM-REPAIRS & MAINTENANCE1,798.00 250.00 1,548.00 1,798.00 250.00 1,548.00 4,250.00 2,452.00 57.7%110,714.36 132,879.00 (22,164.64) 110,714.36 132,879.00 (22,164.64) 1,783,664.00 1,672,949.64 93.8% July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.%Budget633-CM-WATER & ENERGY6337834 Utilities-Electricity-Pumping 16,059.21 13,350.00 2,709.21 16,059.21 13,350.00 2,709.21 179,791.00 163,731.79 91.1%6337842 Utilities-Water7,804.82 10,065.00 (2,260.18) 7,804.82 10,065.00 (2,260.18) 70,047.00 62,242.18 88.9%23,864.03 23,415.00 449.03 23,864.03 23,415.00 449.03 249,838.00 225,973.97 90.4%Silverrock ResortCourse Maintenance Water & EnergyJuly 2019Total-CM-WATER & ENERGYMonth to DateYear to DateAnnual BudgetTotal-COURSE MAINTENANCECourse Maintenance Expense StatementJuly 2019Silverrock ResortAnnual BudgetMonth to DateYear to Date7 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.% BudgetExpense641-CBR-SALARIES & BENEFITS6411320 Insurance-Group278.29 304.00 (25.71) 278.29 304.00 (25.71) 3,648.00 3,369.71 92.4%6411325 Insurance-Workers Comp382.72 405.00 (22.28) 382.72 405.00 (22.28) 7,482.00 7,099.28 94.9%6411800 Taxes-Employer Payroll942.87 1,346.00 (403.13) 942.87 1,346.00 (403.13) 24,841.00 23,898.13 96.2%6411880 Wages-Hourly11,109.50 10,812.00 297.50 11,109.50 10,812.00 297.50 199,524.00 188,414.50 94.4%6411882 Wages-Overtime94.50 - 94.50 94.50 - 94.50 - (94.50) 0.0%Total-CBR-SALARIES & BENEFITS12,807.8812,867.00(59.12) 12,807.88 12,867.00 (59.12) 235,495.00 222,687.12 94.6%641-CBR-SUPPLIES & MATERIALS6413732 Supplies-Carts- - - - - - 1,850.00 `0.0%6413742 Supplies-Expendable- 600.00 (600.00) - 600.00 (600.00) 6,750.00 6,750.00 100.0%6413748 Supplies-Fuel for Shuttle- - - - - - 3,000.00 3,000.00 100.0%6413752 Supplies-Range Balls- - - - - - 10,000.00 10,000.00 100.0%6413762 Supplies-Office- 25.00 (25.00) - 25.00 (25.00) 525.00 525.00 100.0%6413768 Supplies-Printing and Stationary- - - - - - 420.00 420.00 100.0%6413786 Supplies-Towels240.00 120.00 120.00 240.00 120.00 120.00 2,182.00 1,942.00 89.0%6413796 Supplies-Bottled Water1,371.34 1,500.00 (128.66) 1,371.34 1,500.00 (128.66) 19,900.00 18,528.66 93.1%Total-CBR-SUPPLIES & MATERIALS1,611.34 2,245.00 (633.66) 1,611.34 2,245.00 (633.66) 44,627.00 41,165.66 92.2%641-CBR-REPAIRS & MAINTENANCE6415690 CBR-R&M-Equipment- 300.00 (300.00) - 300.00 (300.00) 3,600.00 3,600.00 100.0%6415695 CBR-R&M-Cart Maintenance & Repair 2,797.53 500.00 2,297.53 2,797.53 500.00 2,297.53 6,450.00 3,652.47 56.6%Total-CBR-REPAIRS & MAINTENANCE2,797.53 800.00 1,997.53 2,797.53 800.00 1,997.53 10,050.00 7,252.47 72.2%641-CBR-OTHER EXPENSES6419094 Contract Services-Laundry/Linen613.08 800.00 (186.92) 613.08 800.00 (186.92) 9,600.00 8,986.92 93.6%6419220 Freight/Delivery- 75.00 (75.00) - 75.00 (75.00) 450.00 450.00 100.0%6419490 Miscellaneous52.66 600.00 (547.34) 52.66 600.00 (547.34) 7,200.00 7,147.34 99.3%6419820 Uniforms- - - - - - 5,200.00 5,200.00 100.0%Total-CBR-OTHER EXPENSES665.74 1,475.00 (809.26) 665.74 1,475.00 (809.26) 22,450.00 21,784.26 97.0%TOTAL-CARTS,BAGROOM & RANGE17,882.4917,387.00(809.26) 17,882.49 17,387.00 495.49 312,622.00 292,889.51 93.7%643-CS-SALARIES & BENEFITS6431320 Insurance-Group- - - - - - - - 0.0%6431325 Insurance-Workers Comp242.80 121.00 121.80 242.80 121.00 121.80 2,630.00 2,387.20 90.8%6431800 Taxes-Employer Payroll544.02 323.00 221.02 544.02 323.00 221.02 7,013.00 6,468.98 92.2%6431880 Wages-Hourly5,313.00 3,226.00 2,087.00 5,313.00 3,226.00 2,087.00 70,133.00 64,820.00 92.4%6431882 Wages-Overtime- - - - - - - - 0.0%Total-CS-SALARIES & BENEFITS6,099.82 3,670.00 2,429.82 6,099.82 3,670.00 2,429.82 79,776.00 73,676.18 92.4%643-CS-OTHER EXPENSES6433742 Supplies Expendable- 50.00 (50.00) - 50.00 (50.00) 1,050.00 1,050.00 100.0%6439490 Miscellaneous- - - - - - 200.00 200.00 100.0%6439718 Safety Equipment & Training- 50.00 (50.00) - 50.00 (50.00) 600.00 600.00 100.0%6439820 Uniforms- 75.00 (75.00) - 75.00 (75.00) 2,125.00 2,125.00 100.0%Total-CS-OTHER EXPENSES- 175.00 (175.00) - 175.00 (175.00) 3,975.00 3,975.00 100.0%Total-COURSE SERVICES6,099.82 3,845.00 2,254.82 6,099.82 3,845.00 2,254.82 83,751.00 77,651.18 92.7%23,982.3121,232.002,750.31 23,982.31 21,232.00 2,750.31 396,373.00 366,565.69 92.5%TOTAL OUTSIDE SERVICESMonth to DateYear to DateSilverRock ResortOutside Services Expense StatementAnnual BudgetJuly 20198 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.%BudgetExpense65-CH-SUPPLIES & MATERIALS6503742 Supplies-Expendable 400.00 400.00 - 400.00 400.00 - 4,800.00 4,400.00 91.7%Total-CH-SUPPLIES & MATERIALS400.00 400.00 - 400.00 400.00 - 4,800.00 4,400.00 91.7%65-CH-UTILITIES6507836 Utilities-Natural Gas156.38 850.00 (693.62) 156.38 850.00 (693.62) 3,600.00 3,443.62 95.7%6507840 Utilities-Telephone1,213.79 1,150.00 63.79 1,213.79 1,150.00 63.79 13,800.00 12,586.21 91.2%6507842 Utilities-Water1,390.84 321.00 1,069.84 1,390.84 321.00 1,069.84 3,852.00 2,461.16 63.9%6507844 Utilities-Cable509.62 380.00 129.62 509.62 380.00 129.62 4,560.00 4,050.38 88.8%Total-CH-UTILITIES3,270.63 2,701.00 569.63 3,270.63 2,701.00 569.63 25,812.00 22,541.37 87.3%65-CH-OTHER EXPENSES6509091 Contract Services-Cleaning280.00 400.00 (120.00) 280.00 400.00 (120.00) 4,800.00 4,520.00 94.2%6509099 Contract Services-Security4,875.04 5,000.00 (124.96) 4,875.04 5,000.00 (124.96) 60,000.00 55,124.96 91.9%6509215 Flowers & Decorations- - - - - - 1,900.00 1,900.00 100.0%6509490 Miscellaneous28.21 200.00 (171.79) 28.21 200.00 (171.79) 7,000.00 6,971.79 99.6%6509718 Safety Equipment & Training- 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0%Total-CH-OTHER EXPENSES5,183.25 5,700.00 (516.75) 5,183.25 5,700.00 (516.75) 74,900.00 69,716.75 93.1%65-CH-REPAIRS & MAINTENANCE6515685 CH-R&M-Building Structures822.60 300.00 522.60 822.60 300.00 522.60 3,600.00 2,777.40 77.2%6515686 CH-R&M-Restaurant Repairs- 400.00 (400.00) - 400.00 (400.00) 4,800.00 4,800.00 100.0%6515690 CH-R&M-Equipment Repair- 400.00 (400.00) - 400.00 (400.00) 4,800.00 4,800.00 100.0%Total-CH-REPAIRS & MAINTENANCE822.60 1,100.00 (277.40) 822.60 1,100.00 (277.40) 13,200.00 12,377.40 93.8%9,676.48 9,901.00 (224.52) 9,676.48 9,901.00 (224.52) 118,712.00 24,754.80 20.9%Total CLUBHOUSEMonth to DateYear to DateSilverRock ResortClubhouse Expense StatementAnnual BudgetJuly 20199 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.% BudgetExpense66-MKT-SALARIES & BENEFITS6601320 Insurance-Group 398.91 348.00 50.91 398.91 348.00 50.91 4,176.00 3,777.09 90.4%6601325 Insurance-Workers Comp102.50 94.00 8.50 102.50 94.00 8.50 1,129.00 1,026.50 90.9%6601720 Salaries2,415.00 2,508.00 (93.00) 2,415.00 2,508.00 (93.00) 30,096.00 27,681.00 92.0%6601800 Taxes-Employer Payroll243.40 251.00 (7.60) 243.40 251.00 (7.60) 3,010.00 2,766.60 91.9%Total-MKT-SALARIES & BENEFITS3,159.81 3,201.00 (41.19) 3,159.81 3,201.00 (41.19) 38,411.00 35,251.19 91.8%66-MKT-SUPPLIES & MATERIALS6603762 Supplies-Office- 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0%6603768 Supplies-Printing & Stationery 428.11 - 428.11 428.11 - 428.11 4,425.00 3,996.89 90.3%428.11 100.00 328.11 428.11 100.00 328.11 5,625.00 5,196.89 92.4%66-MKT-UTILITIES6607840 Utilities-Telephone120.00 100.00 20.00 120.00 100.00 20.00 1,200.00 1,080.00 90.0%Total-MKT-UTILITIES120.00 100.00 20.00 120.00 100.00 20.00 1,200.00 1,080.00 90.0%66-MKT-OTHER EXPENSES6609010 Advertising 7,267.50 3,566.00 3,701.50 7,267.50 3,566.00 3,701.50 163,133.00 155,865.50 95.5%6609040 Business Meals- 25.00 (25.00) - 25.00 (25.00) 300.00 300.00 100.0%6609080 Collateral Material- - - - - - 5,500.00 5,500.00 100.0%6609102 Contract Services-Web Page495.00 150.00 345.00 495.00 150.00 345.00 1,800.00 1,305.00 72.5%6609490 Miscellaneous- - - - - - 350.00 350.00 100.0%6609620 Postage- 50.00 (50.00) - 50.00 (50.00) 600.00 600.00 100.0%6609630 Promotion- - - - - - 700.00 700.00 100.0%6609633 Promotion-Community- 75.00 (75.00) - 75.00 (75.00) 2,250.00 2,250.00 100.0%6609634 Promotion-Media/Vendor- - - - - - 1,000.00 1,000.00 100.0%6609150 Dues and Subscriptions- - - - - - 735.00 735.00 100.0%6609820 Uniforms122.83 - 122.83 122.83 - 122.83 600.00 477.17 79.5%Total-MKT-OTHER EXPENSES7,885.33 3,866.00 4,019.33 7,885.33 3,866.00 4,019.33 176,968.00 169,082.67 95.5%11,593.25 7,267.00 4,326.25 11,593.25 7,267.00 4,326.25 222,204.00 210,610.75 94.8%Total-MARKETINGMonth to DateYear to DateSilverRock ResortMarketing Expense StatementAnnual BudgetJuly 201910 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.% BudgetExpense67-G&A-SALARIES & BENEFITS6701320 Insurance-Group2,899.65 2,180.00 719.65 2,899.65 2,180.00 719.65 26,160.00 23,260.35 88.9%6701325 Insurance-Workers Comp445.68 685.00 (239.32) 445.68 685.00 (239.32) 8,881.00 8,435.32 95.0%6701720 Salaries13,815.78 14,972.00 (1,156.22) 13,815.78 14,972.00 (1,156.22) 197,432.00 183,616.22 93.0%6701800 Taxes-Employer Payroll1,140.38 1,826.00 (685.62) 1,140.38 1,826.00 (685.62) 23,684.00 22,543.62 95.2%6701880 Wages-Hourly1,893.44 3,291.00 (1,397.56) 1,893.44 3,291.00 (1,397.56) 39,404.00 37,510.56 95.2%6701882 Wages-Overtime- - - - - - - - 0.0%Total-G&A-SALARIES & BENEFITS20,194.93 22,954.00 (2,759.07) 20,194.93 22,954.00 (2,759.07) 295,561.00 275,366.07 93.2%67-G&A-SUPPLIES & MATERIALS6703740 Supplies-Computer258.00 500.00 (242.00) 258.00 500.00 (242.00) 6,300.00 6,042.00 95.9%6703762 Supplies-Office115.02 105.00 10.02 115.02 105.00 10.02 1,260.00 1,144.98 90.9%6703768 Supplies-Printing & Stationery- 100.00 (100.00) - 100.00 (100.00) 3,300.00 3,300.00 100.0%Total-G&A-SUPPLIES & MATERIALS373.02 705.00 (331.98) 373.02 705.00 (331.98) 10,860.00 10,486.98 96.6%67-G&A-REPAIRS & MAINTENANCE6705690 Repairs & Maintenance-Equipment- - - - - - 1,900.00 1,900.00 100.0%Total-G&A-REPAIRS & MAINTENANCE- - - - - - 1,900.00 1,900.00 100.0%67-G&A-OTHER EXPENSES6709020 Auto/Mileage Allowance500.00 500.00 - 500.00 500.00 - 6,000.00 5,500.00 91.7%6709150 Dues & Subscriptions- 50.00 (50.00) - 50.00 (50.00) 1,150.00 1,150.00 100.0%6709180 Employee Recruiting/Relocation30.00 - 30.00 30.00 - 30.00 1,200.00 1,170.00 97.5%6709197 Equipment Rental331.94 550.00 (218.06) 331.94 550.00 (218.06) 6,600.00 6,268.06 95.0%6709202 Fees-Bank72.04 90.00 (17.96) 72.04 90.00 (17.96) 1,080.00 1,007.96 93.3%6709208 Fees-Payroll Processing360.75 1,000.00 (639.25) 360.75 1,000.00 (639.25) 12,000.00 11,639.25 97.0%6709220 Freight/Delivery- 50.00 (50.00) - 50.00 (50.00) 600.00 600.00 100.0%6709490 Miscellaneous- 100.00 (100.00) - 100.00 (100.00) 6,600.00 6,600.00 100.0%6709491 Loss/Damage- - - - - - - 0.0%6709620 Postage/Mail Services117.61 75.00 42.61 117.61 75.00 42.61 900.00 782.39 86.9%6709625 Professional Fees2,866.26 850.00 2,016.26 2,866.26 850.00 2,016.26 10,200.00 7,333.74 71.9%6709636 Promotion/Entertainment- 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0%6709722 Seminars & Training- 200.00 (200.00) - 200.00 (200.00) 2,400.00 2,400.00 100.0%6709810 Travel- - - - - - 1,100.00 1,100.00 100.0%6709820 Uniforms49.17 75.00 (25.83) 49.17 75.00 (25.83) 1,050.00 1,000.83 95.3%Total-G&A-OTHER EXPENSES4,327.77 3,640.00 687.77 4,327.77 3,640.00 687.77 52,080.00 47,752.23 91.7%24,895.72 27,299.00 (2,403.28) 24,895.72 27,299.00 (2,403.28) 360,401.00 335,505.28 93.1%Total-GENERAL & ADMINISTRATIVEMonth to DateYear to DateSilverRock ResortGeneral & Administrative Expense StatementAnnual BudgetJuly 201911 July 2019 Final Budget Variance Final Budget Variance Annual BudgetUnemcumb.% BudgetExpense68-LEASES6800192 Equipment Leases-Carts9,829.27 10,050.00 (220.73) 9,829.27 10,050.00 (220.73) 136,650.00 126,820.73 92.8%6800193 Equipment Leases-Maintenance 9,181.20 9,500.00 (318.80) 9,181.20 9,500.00 (318.80) 114,000.00 104,818.80 91.9%6800194 Equipment Leases-Trailer635.60 300.00 335.60 635.60 300.00 335.60 3,600.00 2,964.40 82.3%6800196 Equipment Leases-GPS3,870.00 3,900.00 (30.00) 3,870.00 3,900.00 (30.00) 38,800.00 34,930.00 90.0%6800197 Equipment Leases-Others2,087.63 1,150.00 937.63 2,087.63 1,150.00 937.63 20,200.00 18,112.37 0.0%25,603.70 24,900.00703.70 25,603.70 24,900.00 703.70 313,250.00 287,646.3091.8%69-MISC OTHER EXPENSES6900096 Contract Srvcs-Management Fee 9,500.00 9,880.00 (380.00) 9,500.00 9,880.00 (380.00) 118,560.00 109,060.00 92.0%6900800 Personal Property Taxes5,408.18 5,200.00 208.18 5,408.18 5,200.00 208.18 11,800.00 6,391.82 54.2%6900323 Insurance-Commercial5,517.83 4,000.00 1,517.83 5,517.83 4,000.00 1,517.83 48,000.00 42,482.17 88.5%20,426.01 19,080.001,346.01 20,426.01 19,080.00 1,346.01 178,360.00 157,933.9988.5%Total-LEASESTotal-MISC OTHER EXPENSESSilverrock ResortOperating Leases & Miscellaneous Other Expense StatementAnnual BudgetMonth to Date Year to DateJuly 201912