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01 July 2020 SilverRock Resort - Monthly Financial Statement
Monthly Financial Statements July 1, 2020 – July 31, 2020 TABLE OF CONTENTS Summary Operating Income Expense 1 Statement of Fee Revenue 2 Golf Shop Income Statement 3 Course Maintenance Expense Statement 4 Outside Service Expense Statement 5 Clubhouse Expense Statement 6 Marketing Expense Statement 7 General & Administrative Expense Statement 8 Operating Leases & Miscellaneous Expense Statement 9 Complimentary Report 10 Account Description July 2020Final Budget Variance Percentages Unfavorable (-) Favorable (+) Final Budget Variance Income400000 Golf Green Fee Revenue125,412.80 65,175.00 60,237.80 92.4% 125,412.80 65,175.00 60,237.80 401000 Miscellaneous Golf Revenue5,675.00 1,000.00 4,675.00 467.5% 5,675.00 1,000.00 4,675.00 410000 Revenue-Golf Shop8,978.39 951.00 8,027.39 844.1% 8,978.39 951.00 8,027.39 420000 Revenue-F&B Concession500.00 500.00 - 0.0%500.00 500.00 - 890000 Interest Income- - - 0.0%- - - Total Income140,566.19 67,626.00 72,940.19 107.9% 140,566.19 67,626.00 72,940.19 Cost of Goods Sold510000 COS-Golf Shop4,814.36 532.00 4,282.36 -805.0% 4,814.36 532.00 (4,282.36) Total COS4,814.36 532.00 4,282.36 -805.0% 4,814.36 532.00 (4,282.36) Gross Profit135,751.83 67,094.00 68,657.83 102.3% 135,751.83 67,094.00 68,657.83 Expenses610000 Golf Pro Shop10,889.50 9,120.00 1,769.50 -19.4% 10,889.50 9,120.00 1,769.50 630000 Course Maintenance70,134.55 113,561.00 (43,426.45) 38.2% 70,134.55 113,561.00 (43,426.45) 633000 Maintenance Water & Energy19,649.78 23,415.00 (3,765.22) 16.1% 19,649.78 23,415.00 (3,765.22) 640000 Outside Services21,531.96 18,006.00 3,525.96 -19.6% 21,531.96 18,006.00 3,525.96 650000 Clubhouse8,415.37 10,301.00 (1,885.63) 18.3%8,415.37 10,301.00 (1,885.63) 660000 Marketing7,751.22 4,414.00 3,337.22 -75.6% 7,751.22 4,414.00 3,337.22 670000 General & Administrative24,759.30 27,299.00 (2,539.70) 9.3% 24,759.30 27,299.00 (2,539.70) 680000 Leases27,794.90 28,450.00 (655.10) 2.3% 27,794.90 28,450.00 (655.10) 690000 Miscellaneous Other Expense15,436.03 19,336.00 (3,899.97) 20.2% 15,436.03 19,336.00 (3,899.97) Total Expenses206,362.61 253,902.00 (47,539.39) 18.7% 206,362.61 253,902.00 47,539.39 (70,610.78) (186,808.00) 116,197.22 62.2%(70,610.78) (186,808.00) 116,197.22 Rounds of Golf PlayedPaid Rounds Played2,509 1,900 609 32.1%2,509 1,900 609 Ave $ Per Paid Round Green Fee49.99 34.30 15.68 45.7%49.99 34.30 15.68 Ave $ Per Paid Round Merchandise3.58 0.50 3.08 614.9%3.58 0.50 3.08 Ave $ Per Paid Miscellaneous 2.26 0.53 1.74 329.8%2.26 0.53 1.74 SilverRock ResortSummary Operating Income StatementNet IncomeMonth to DateYear to DateJuly 20201 Income July 2020Final Budget Variance Final Budget Variance 4000000 Revenue-Fees125,412.80 65,175.00 60,237.80 125,412.80 65,175.00 60,237.80 4010000 Rider Fee- - - - - - 4040000 Club Rental785.00 - 785.00 785.00 - 785.00 4050000 Driving Range2,040.00 - 2,040.00 2,040.00 - 2,040.00 4060000 Handicap Fees- - - - - - 4090000 Ball Retriever/Subcontract- 500.00 (500.00) - 500.00 (500.00) 4091000 Golf Professional Rental Fee- - - - - - 4092000 Golf Lessons- - - - - - 4093000 Resident Card Issue2,850.00 500.00 2,350.00 2,850.00 500.00 2,350.00 Total Revenue Fees131,087.80 66,175.00 64,912.80 131,087.80 66,175.00 64,912.80 131,087.80 66,175.00 64,912.80 131,087.80 66,175.00 64,912.80 SilverRock ResortStatement of Fees RevenueTotal IncomeMonth to DateYear to DateJuly 20202 Income July 2020Final Budget Variance Final Budget Variance 4100000 Sales Miscellaneous511.00 - 511.00 511.00 - 511.00 4100110 Sales Hard Goods6,641.81 238.00 6,403.81 6,641.81 238.00 6,403.81 4100112 Sales-Soft Goods2,490.00 713.00 1,777.00 2,490.00 713.00 1,777.00 5100639 GS-Discounts-Mdse(664.42) - (664.42) (664.42) - (664.42) Total Revenue Golf Shop8,978.39 951.00 8,027.39 8,978.39 951.00 8,027.39 COS 5100150 COS-GS-Hard Goods 3,528.41 158.00 3,370.41 3,528.41 158.00 3,370.41 5100151 COS-GS-Soft Goods 1,215.09 394.00 821.09 1,215.09 394.00 821.09 5100152 COS-GS-Purchase Disc (55.17) (28.00) (27.17) (55.17) (28.00) (27.17) 5100220 COS-GS-Freight Merch 126.03 8.00 118.03 126.03 8.00 118.03 Cost of Sales - Golf Shop4,814.36 532.00 4,282.36 4,814.36 532.00 4,282.36 Gross Profit 4,164.03 419.00 3,745.03 4,164.03 419.00 3,745.03 COS % 53.6% 55.9% 2.3% 53.6% 55.9% 2.3%Expense61-PS-SALARIES & BENEFITS6101320 Insurance Group189.72 490.00 (300.28) 189.72 490.00 (300.28) 6101325 Insurance-Workers Comp 757.30 248.00 509.30 757.30 248.00 509.30 6101720 Salaries5,168.16 5,200.00 (31.84) 5,168.16 5,200.00 (31.84) 6101800 Taxes-Employer Payroll 733.39 661.00 72.39 733.39 661.00 72.39 6101880 Wages-Hourly3,404.75 1,411.00 1,993.75 3,404.75 1,411.00 1,993.75 6101882 Wages-Overtime6.00 - 6.00 6.00 - 6.00 Total -PS-SALARIES & BENEFITS 10,259.32 8,010.00 2,249.32 10,259.32 8,010.00 2,249.32 61-PS OTHER EXPENSES6103742 Supplies-Expendable- - - - - - 6103762 Supplies-Office438.63 250.00 188.63 438.63 250.00 188.63 6109220 Freight & Delivery- - - - - - 6109490 Miscellaneous- 500.00 (500.00) - 500.00 (500.00) 6109150 Dues and Subscriptions- - - - - - 6109500 ProShop-Over/Short6.00 - 6.00 6.00 - 6.00 6109722 Seminars/Training- 150.00 (150.00) - 150.00 (150.00) 6109810 Travel - Merchandise- - - - - - 6109820 Uniforms53.28 100.00 (46.72) 53.28 100.00 (46.72) 6117840 Telephones132.27 110.00 22.27 132.27 110.00 22.27 630.18 1,110.00 (479.82) 630.18 1,110.00 (479.82) 10,889.50 9,120.00 1,769.50 10,889.50 9,120.00 1,769.50 Net Income(6,725.47) (8,701.00) 1,975.53 (6,725.47) (8,701.00) 1,975.53 SilverRock ResortGolf Shop Income StatementTotal Expenses-Golf ShopMonth to DateYear to DateJuly 20203 July 2020Final Budget Variance Final Budget Variance Expense63-CM-SALARIES & BENEFITS6311320 Insurance-Group4,420.30 9,810.00 (5,389.70) 4,420.30 9,810.00 (5,389.70) 6311325 Insurance-Workers Comp1,820.09 1,262.00 558.09 1,820.09 1,262.00 558.09 6311720 Salaries10,746.76 12,477.00 (1,730.24) 10,746.76 12,477.00 (1,730.24) 6311800 Taxes-Employer Payroll1,530.23 3,364.00 (1,833.77) 1,530.23 3,364.00 (1,833.77) 6311880 Wages-Hourly19,266.55 21,168.00 (1,901.45) 19,266.55 21,168.00 (1,901.45) 6311882 Wages-Overtime661.67 - 661.67 661.67 - 661.67 Total-CM-SALARIES & BENEFITS38,445.60 48,081.00 (9,635.40) 38,445.60 48,081.00 (9,635.40) 63-CM-SUPPLIES & MATERIALS6313734 Chemicals- 13,754.00 (13,754.00) - 13,754.00 (13,754.00) 6313744 Fertilizer1,661.71 5,870.00 (4,208.29) 1,661.71 5,870.00 (4,208.29) 6313745 Herbicides- - - - - - 6313746 Flowers/Plants- - - - - - 6313748 Fuel-Gasoline2,543.43 3,200.00 (656.57) 2,543.43 3,200.00 (656.57) 6313750 Golf Course Accessories- - - - - - 6313756 POA Control- - - - - - 6313758 Miscellaneous Supp486.03 750.00 (263.97) 486.03 750.00 (263.97) 6313762 Supplies-Office- - - - - - 6313774 Sand- 390.00 (390.00) - 390.00 (390.00) 6313776 Seed- - - - - - 6313778 Small Tools & Non-Capital Equip- 100.00 (100.00) - 100.00 (100.00) 6313780 Sod- 5,300.00 (5,300.00) - 5,300.00 (5,300.00) 6313782 Topdressing- 2,000.00 (2,000.00) - 2,000.00 (2,000.00) Total-CM-SUPPLIES & MATERIALS4,691.17 31,364.00 (26,672.83) 4,691.17 31,364.00 (26,672.83) 63-CM-REPAIRS & MAINTENANCE6315095 CM-R&M-Contract Lake Maint 10,159.00 3,850.00 6,309.00 10,159.00 3,850.00 6,309.00 6315685 CM-R&M-Bldngs & Othr Structures 167.00 1,250.00 (1,083.00) 167.00 1,250.00 (1,083.00) 6315690 CM-R&M-Equipment3,288.25 2,000.00 1,288.25 3,288.25 2,000.00 1,288.25 6315692 CM-R&M-Irrigation System48.50 4,400.00 (4,351.50) 48.50 4,400.00 (4,351.50) 6315696 CM-R&M-Pumps- 1,000.00 (1,000.00) - 1,000.00 (1,000.00) 6315815 CM-R&M-Trees-Pruning Etc- - - - - - Total-CM-REPAIRS & MAINTENANCE13,662.75 12,500.00 1,162.75 13,662.75 12,500.00 1,162.75 6317836 Utilities-Natural Gas/LPG - 15.00 (15.00) - 15.00 (15.00) 6317840 Telephones896.21 850.00 46.21 896.21 850.00 46.21 Total-CM-UTILITIES896.21 865.00 31.21 896.21 865.00 31.21 63-CM-OTHER EXPENSES6319020 Auto Mileage/Allowance400.00 400.00 - 400.00 400.00 - 6319100 Contract Svcs-Soil/Tissue Test- - - - - - 6319102 Contract Svcs-Trash Removal106.62 524.00 (417.38) 106.62 524.00 (417.38) 6319150 Dues & Subscriptions285.00 - 285.00 285.00 - 285.00 6319170 Employee Education- 50.00 (50.00) - 50.00 (50.00) 6319197 Equipment Rental- 200.00 (200.00) - 200.00 (200.00) 6319206 Licenses & Permits- 100.00 (100.00) - 100.00 (100.00) 6319490 Miscellaneous106.04 100.00 6.04 106.04 100.00 6.04 6319718 Safety Equipment & Training102.31 200.00 (97.69) 102.31 200.00 (97.69) 6319822 Uniforms759.56 920.00 (160.44) 759.56 920.00 (160.44) Total-CM-OTHER EXPENSES1,759.53 2,494.00 (734.47) 1,759.53 2,494.00 (734.47) SilverRock ResortCourse Maintenance Expense StatementJuly 2020Month to DateYear to Date4 July 2020Final Budget Variance Final Budget Variance 632-CM-LANDSCAPE MAINTENANCE632-CM-LM-SALARIES & BENEFITS6321320 Insurance-Group 3,204.08 2,450.00 754.08 3,204.08 2,450.00 754.08 6321325 Insurance-Workers Comp704.20 500.00 204.20 704.20 500.00 204.20 6321800 Taxes-Employer Payroll694.01 1,333.00 (638.99) 694.01 1,333.00 (638.99) 6321880 Wages-Hourly6,077.00 13,334.00 (7,257.00) 6,077.00 13,334.00 (7,257.00) 6321882 Wages-Overtime- - - - - - Total-CM-LM-SALARIES & BENEFITS10,679.29 17,617.00 (6,937.71) 10,679.29 17,617.00 (6,937.71) 632-CM-LM-SUPPLIES & MATERIALS6323778 Small Tools- 100.00 (100.00) - 100.00 (100.00) 6323788 Uniforms- 290.00 (290.00) - 290.00 (290.00) Total-CM-LM-SUPPLIES & MATERIALS- 390.00 (390.00) - 390.00 (390.00) 632-CM-LM-REPAIRS & MAINTENANCE6325687 CM-LM-R&M-Drip Irrigation- 250.00 (250.00) - 250.00 (250.00) Total-CM-LM-REPAIRS & MAINTENANCE- 250.00 (250.00) - 250.00 (250.00) 70,134.55 113,561.00 (43,426.45) 70,134.55 113,561.00 (43,426.45) July 2020Final Budget Variance Final Budget Variance 633-CM-WATER & ENERGY6337834 Utilities-Electricity-Pumping15,338.78 13,350.00 1,988.78 15,338.78 13,350.00 1,988.78 6337842 Utilities-Water4,311.00 10,065.00 (5,754.00) 4,311.00 10,065.00 (5,754.00) 19,649.78 23,415.00 (3,765.22) 19,649.78 23,415.00 (3,765.22) Silverrock ResortCourse Maintenance Water & EnergyJune 2020Total-CM-WATER & ENERGYMonth to DateYear to DateTotal-COURSE MAINTENANCECourse Maintenance Expense StatementJuly 2020Silverrock ResortMonth to DateYear to Date5 July 2020Final Budget Variance Final Budget Variance Expense641-CBR-SALARIES & BENEFITS6411320 Insurance-Group741.45 304.00 437.45 741.45 304.00 437.45 6411325 Insurance-Workers Comp401.01 290.00 111.01 401.01 290.00 111.01 6411800 Taxes-Employer Payroll818.00 963.00 (145.00) 818.00 963.00 (145.00) 6411880 Wages-Hourly7,663.00 7,735.00 (72.00) 7,663.00 7,735.00 (72.00) 6411882 Wages-Overtime121.89 - 121.89 121.89 - 121.89 Total-CBR-SALARIES & BENEFITS9,745.35 9,292.00 453.35 9,745.35 9,292.00 453.35 641-CBR-SUPPLIES & MATERIALS6413732 Supplies-Carts- - - - - - 6413742 Supplies-Expendable- 600.00 (600.00) - 600.00 (600.00) 6413748 Supplies-Fuel for Shuttle- - - - - - 6413752 Supplies-Range Balls- - - - - - 6413762 Supplies-Office- - - - - - 6413768 Supplies-Printing and Stationary- - - - - - 6413786 Supplies-Towels560.00 120.00 440.00 560.00 120.00 440.00 6413796 Supplies-Bottled Water1,258.08 1,500.00 (241.92) 1,258.08 1,500.00 (241.92) Total-CBR-SUPPLIES & MATERIALS1,818.08 2,220.00 (401.92) 1,818.08 2,220.00 (401.92) 641-CBR-REPAIRS & MAINTENANCE6415690 CBR-R&M-Equipment- 300.00 (300.00) - 300.00 (300.00) 6415695 CBR-R&M-Cart Maintenance & Repair1,735.50 1,503.00 232.50 1,735.50 1,503.00 232.50 Total-CBR-REPAIRS & MAINTENANCE1,735.50 1,803.00 (67.50) 1,735.50 1,803.00 (67.50) 641-CBR-OTHER EXPENSES6419094 Contract Services-Laundry/Linen1,661.26 800.00 861.26 1,661.26 800.00 861.26 6419220 Freight/Delivery- 75.00 (75.00) - 75.00 (75.00) 6419490 Miscellaneous1,747.66 600.00 1,147.66 1,747.66 600.00 1,147.66 6419820 Uniforms- 50.00 (50.00) - 50.00 (50.00) Total-CBR-OTHER EXPENSES3,408.92 1,525.00 1,883.92 3,408.92 1,525.00 1,883.92 TOTAL-CARTS,BAGROOM & RANGE 16,707.85 14,840.00 1,883.92 16,707.85 14,840.00 1,867.85 643-CS-SALARIES & BENEFITS6431320 Insurance-Group- - - - - - 6431325 Insurance-Workers Comp212.00 99.00 113.00 212.00 99.00 113.00 6431800 Taxes-Employer Payroll445.61 265.00 180.61 445.61 265.00 180.61 6431880 Wages-Hourly4,166.50 2,652.00 1,514.50 4,166.50 2,652.00 1,514.50 6431882 Wages-Overtime- - - - - - Total-CS-SALARIES & BENEFITS4,824.11 3,016.00 1,808.11 4,824.11 3,016.00 1,808.11 643-CS-OTHER EXPENSES6433742 Supplies Expendable - 25.00 (25.00) - 25.00 (25.00) 6439490 Miscellaneous- - - - - - 6439718 Safety Equipment & Training- 50.00 (50.00) - 50.00 (50.00) 6439820 Uniforms- 75.00 (75.00) - 75.00 (75.00) Total-CS-OTHER EXPENSES- 150.00 (150.00) - 150.00 (150.00) Total-COURSE SERVICES4,824.11 3,166.00 1,658.11 4,824.11 3,166.00 1,658.11 21,531.96 18,006.00 3,525.96 21,531.96 18,006.00 3,525.96 TOTAL OUTSIDE SERVICESMonth to DateYear to DateSilverRock ResortOutside Services Expense StatementJuly 20206 July 2020Final Budget Variance Final Budget Variance Expense65-CH-SUPPLIES & MATERIALS6503742 Supplies-Expendable400.00 400.00 - 400.00 400.00 - Total-CH-SUPPLIES & MATERIALS400.00 400.00 - 400.00 400.00 - 65-CH-UTILITIES6507836 Utilities-Natural Gas971.81 850.00 121.81 971.81 850.00 121.81 6507840 Utilities-Telephone1,305.29 1,150.00 155.29 1,305.29 1,150.00 155.29 6507842 Utilities-Water649.70 321.00 328.70 649.70 321.00 328.70 6507844 Utilities-Cable310.98 380.00 (69.02) 310.98 380.00 (69.02) Total-CH-UTILITIES3,237.78 2,701.00 536.78 3,237.78 2,701.00 536.78 65-CH-OTHER EXPENSES6509091 Contract Services-Cleaning480.00 400.00 80.00 480.00 400.00 80.00 6509099 Contract Services-Security4,021.92 5,000.00 (978.08) 4,021.92 5,000.00 (978.08) 6509215 Flowers & Decorations- - - - - - 6509490 Miscellaneous108.67 - 108.67 108.67 - 108.67 6509718 Safety Equipment & Training- 100.00 (100.00) - 100.00 (100.00) Total-CH-OTHER EXPENSES4,610.59 5,500.00 (889.41) 4,610.59 5,500.00 (889.41) 65-CH-REPAIRS & MAINTENANCE6515685 CH-R&M-Building Structures167.00 300.00 (133.00) 167.00 300.00 (133.00) 6515686 CH-R&M-Restaurant Repairs- 700.00 (700.00) - 700.00 (700.00) 6515690 CH-R&M-Equipment Repair- 700.00 (700.00) - 700.00 (700.00) Total-CH-REPAIRS & MAINTENANCE167.00 1,700.00 (1,533.00) 167.00 1,700.00 (1,533.00) 8,415.37 10,301.00 (1,885.63) 8,415.37 10,301.00 (1,885.63) Total CLUBHOUSEMonth to DateYear to DateSilverRock ResortClubhouse Expense StatementJuly 20207 July 2020Final Budget Variance Final Budget Variance Expense66-MKT-SALARIES & BENEFITS6601320 Insurance-Group 361.00 348.00 13.00 361.00 348.00 13.00 6601325 Insurance-Workers Comp90.00 - 90.00 90.00 - 90.00 6601720 Salaries2,415.00 - 2,415.00 2,415.00 - 2,415.00 6601800 Taxes-Employer Payroll243.40 - 243.40 243.40 - 243.40 Total-MKT-SALARIES & BENEFITS3,109.40 348.00 2,761.40 3,109.40 348.00 2,761.40 66-MKT-SUPPLIES & MATERIALS6603762 Supplies-Office- 100.00 (100.00) - 100.00 (100.00) 6603768 Supplies-Printing & Stationery541.47 - 541.47 541.47 - 541.47 541.47 100.00 441.47 541.47 100.00 441.47 66-MKT-UTILITIES6607840 Utilities-Telephone248.27 100.00 148.27 248.27 100.00 148.27 Total-MKT-UTILITIES248.27 100.00 148.27 248.27 100.00 148.27 66-MKT-OTHER EXPENSES6609010 Advertising3,203.08 3,566.00 (362.92) 3,203.08 3,566.00 (362.92) 6609040 Business Meals- 25.00 (25.00) - 25.00 (25.00) 6609080 Collateral Material- - - - - - 6609102 Contract Services-Web Page649.00 150.00 499.00 649.00 150.00 499.00 6609490 Miscellaneous- - - - - - 6609620 Postage- 50.00 (50.00) - 50.00 (50.00) 6609630 Promotion- - - - - - 6609633 Promotion-Community- 75.00 (75.00) - 75.00 (75.00) 6609634 Promotion-Media/Vendor- - - - - - 6609150 Dues and Subscriptions- - - - - - 6609820 Uniforms- - - - - - Total-MKT-OTHER EXPENSES3,852.08 3,866.00 (13.92) 3,852.08 3,866.00 (13.92) 7,751.22 4,414.00 3,337.22 7,751.22 4,414.00 3,337.22 Total-MARKETINGMonth to DateYear to DateSilverRock ResortMarketing Expense StatementJuly 20208 July 2020Final Budget Variance Final Budget Variance Expense67-G&A-SALARIES & BENEFITS6701320 Insurance-Group3,556.91 2,180.00 1,376.91 3,556.91 2,180.00 1,376.91 6701325 Insurance-Workers Comp844.20 685.00 159.20 844.20 685.00 159.20 6701720 Salaries13,835.78 14,923.00 (1,087.22) 13,835.78 14,923.00 (1,087.22) 6701800 Taxes-Employer Payroll1,104.73 1,826.00 (721.27) 1,104.73 1,826.00 (721.27) 6701880 Wages-Hourly1,371.56 3,340.00 (1,968.44) 1,371.56 3,340.00 (1,968.44) 6701882 Wages-Overtime- - - - - - Total-G&A-SALARIES & BENEFITS20,713.18 22,954.00 (2,240.82) 20,713.18 22,954.00 (2,240.82) 67-G&A-SUPPLIES & MATERIALS6703740 Supplies-Computer127.78 500.00 (372.22) 127.78 500.00 (372.22) 6703762 Supplies-Office222.23 105.00 117.23 222.23 105.00 117.23 6703768 Supplies-Printing & Stationery292.54 100.00 192.54 292.54 100.00 192.54 Total-G&A-SUPPLIES & MATERIALS642.55 705.00 (62.45) 642.55 705.00 (62.45) 67-G&A-REPAIRS & MAINTENANCE6705690 Repairs & Maintenance-Equipment- - - - - - Total-G&A-REPAIRS & MAINTENANCE- - - - - - 67-G&A-OTHER EXPENSES6709020 Auto/Mileage Allowance500.00 500.00 - 500.00 500.00 - 6709150 Dues & Subscriptions180.00 50.00 130.00 180.00 50.00 130.00 6709180 Employee Recruiting/Relocation25.00 - 25.00 25.00 - 25.00 6709197 Equipment Rental549.42 550.00 (0.58) 549.42 550.00 (0.58) 6709202 Fees-Bank- 90.00 (90.00) - 90.00 (90.00) 6709208 Fees-Payroll Processing118.53 1,000.00 (881.47) 118.53 1,000.00 (881.47) 6709220 Freight/Delivery- 50.00 (50.00) - 50.00 (50.00) 6709490 Miscellaneous90.67 100.00 (9.33) 90.67 100.00 (9.33) 6709491 Loss/Damage- - - - - - 6709620 Postage/Mail Services108.99 75.00 33.99 108.99 75.00 33.99 6709625 Professional Fees1,824.00 850.00 974.00 1,824.00 850.00 974.00 6709636 Promotion/Entertainment- 100.00 (100.00) - 100.00 (100.00) 6709722 Seminars & Training- 200.00 (200.00) - 200.00 (200.00) 6709810 Travel- - - - - - 6709820 Uniforms6.96 75.00 (68.04) 6.96 75.00 (68.04) Total-G&A-OTHER EXPENSES3,403.57 3,640.00 (236.43) 3,403.57 3,640.00 (236.43) 24,759.30 27,299.00 (2,539.70) 24,759.30 27,299.00 (2,539.70) Total-GENERAL & ADMINISTRATIVEMonth to DateYear to DateSilverRock ResortGeneral & Administrative Expense StatementJuly 20209 July 2020Final Budget Variance Final Budget Variance Expense68-LEASES6800192 Equipment Leases-Carts 10,636.93 12,000.00 (1,363.07) 10,636.93 12,000.00 (1,363.07) 6800193 Equipment Leases-Maintenance 12,414.74 12,400.00 14.74 12,414.74 12,400.00 14.74 6800194 Equipment Leases-Trailer- - - - - - 6800196 Equipment Leases-GPS2,640.00 2,900.00 (260.00) 2,640.00 2,900.00 (260.00) 6800197 Equipment Leases-Others2,103.23 1,150.00 953.23 2,103.23 1,150.00 953.23 27,794.90 28,450.00 (655.10) 27,794.90 28,450.00 (655.10) 69-MISC OTHER EXPENSES6900096 Contract Srvcs-Management Fee 9,880.00 9,386.00 494.00 9,880.00 9,386.00 494.00 6900800 Personal Property Taxes- 5,200.00 (5,200.00) - 5,200.00 (5,200.00) 6900323 Insurance-Commercial5,556.03 4,750.00 806.03 5,556.03 4,750.00 806.03 15,436.03 19,336.00 (3,899.97) 15,436.03 19,336.00 (3,899.97) Total-LEASESTotal-MISC OTHER EXPENSESSilverrock ResortOperating Leases & Miscellaneous Other Expense StatementMonth to Date Year to DateJuly 202010 SilverRock Resort-Arnold Palmer Classic CourseComp Golf Report-2020-20212020 2020 2020 2020 2020 2020Comp CategoryJulyAugustSeptemberOctoberNovemberDecemberMediaSalesPromotion4Golf IndustryVIPCelebrityPGA Comp10Charity/Gift Certificate4Rain/Wind Checks2Club Staff59LQ HS Golf281000002021 2021 2021 2021 2021 2021Comp CategoryJanuaryFebruaryMarchAprilMayJuneMediaSalesPromotionGolf IndustryVIPCelebrityPGA CompCharity/Gift CertificateRain/Wind ChecksClub StaffLQ HS Golf00000011 SilverRock Resort-Arnold Palmer Classic CourseComp Golf Report-2020-2021July 2020 Date TimeDescriptionCategoryPlayers7/26/2020 9:30 AM Instagram InfluencerPromo 412