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07 January 2021 SilverRock Resort - Monthly Financial Statement Monthly Financial Statements July 1, 2020 – January 31, 2021 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 January 2021Final Budget Variance Percentages Unfavorable (-) Favorable (+) Final Budget Variance Income400000 Golf Green Fee Revenue281,477.00 371,812.00 (90,335.00) -24.3% 1,195,261.79 1,120,113.00 75,148.79 401000 Miscellaneous Golf Revenue 34,865.00 44,100.00 (9,235.00) -20.9% 131,190.00 103,900.00 27,290.00 410000 Revenue-Golf Shop13,724.70 26,100.00 (12,375.30) -47.4% 72,737.18 52,153.00 20,584.18 620000 Food & Beverage Revenue26,326.25 65,250.00 (38,923.75) -59.7% 178,148.82 147,025.00 31,123.82 Total Income356,392.95 507,262.00 (150,869.05) -29.7% 1,577,337.79 1,423,191.00 154,146.79 Cost of Goods Sold510000 COS-Golf Shop7,937.11 14,608.00 (6,670.89) 45.7% 42,590.41 29,188.00 (13,402.41) 520000 COS-Food & Beverage8,424.40 23,026.00 (14,601.60) 63.4% 61,892.45 59,112.00 (2,780.45) Total COS16,361.51 37,634.00 (21,272.49) 56.5% 104,482.86 88,300.00 (16,182.86) Gross Profit340,031.44 469,628.00 (129,596.56) -27.6% 1,472,854.93 1,334,891.00 137,963.93 Expenses610000 Golf Pro Shop 20,416.85 21,222.00 (805.15) 3.8% 102,659.86 99,032.00 3,627.86 630000 Course Maintenance127,102.69 131,330.00 (4,227.31) 3.2% 841,645.60 1,043,108.00 (201,462.40) 633000 Maintenance Water & Energy 21,046.07 17,713.00 3,333.07 -18.8% 118,998.81 137,069.00 (18,070.19) 640000 Outside Services40,959.20 45,052.00 (4,092.80) 9.1% 210,354.40 214,877.00 (4,522.60) 650000 Clubhouse9,621.49 11,131.00 (1,509.51) 13.6% 68,796.92 73,437.00 (4,640.08) 660000 Marketing8,590.22 25,497.00 (16,906.78) 66.3% 91,329.64 111,969.00 (20,639.36) 670000 General & Administrative32,273.22 30,219.00 2,054.22 -6.8% 225,216.34 207,599.00 17,617.34 680000 Leases27,794.90 29,250.00 (1,455.10) 5.0% 190,981.50 201,550.00 (10,568.50) 690000 Miscellaneous Other Expense 14,849.90 14,136.00 713.90 -5.1% 110,924.61 110,752.00 172.61 620000 Food & Beverage Expenses30,186.00 41,124.00 (10,938.00) 26.6% 185,515.45 157,237.00 28,278.45 Total Expenses332,840.54 366,674.00 (33,833.46) 9.2% 2,146,423.13 2,356,630.00 210,206.87 7,190.90 102,954.00 (95,763.10) -93.0%(673,568.20) (1,021,739.00) 348,170.80 Rounds of Golf PlayedPaid Rounds Played3,509 4,350 (841) -19.3%17,241 17,100 141 Ave $ Per Paid Round Green Fee 80.22 85.47 (5.26) -6.2%69.33 65.50 3.82 Ave $ Per Paid Round Merchandise 3.91 6.00 (2.09) -34.8%4.22 3.05 1.17 Ave $ Per Paid Miscellaneous 9.94 10.14 (0.20) -2.0%7.61 6.08 1.53 SilverRock ResortSummary Operating Income StatementNet IncomeMonth to DateYear to DateJanuary 20211 Income January 2021Final Budget Variance Final Budget Variance 4000000 Revenue-Fees281,477.00 371,812.00 (90,335.00) 1,195,261.79 1,120,113.00 75,148.79 4010000 Rider Fee750.00 1,400.00 (650.00) 2,200.00 1,400.00 800.00 4040000 Club Rental315.00 2,500.00 (2,185.00) 4,200.00 2,500.00 1,700.00 4050000 Driving Range9,090.00 15,000.00 (5,910.00) 32,490.00 15,000.00 17,490.00 4060000 Handicap Fees- 1,700.00 (1,700.00) 960.00 1,700.00 (740.00) 4090000 Ball Retriever/Subcontract- 500.00 (500.00) - 1,500.00 (1,500.00) 4091000 Golf Professional Rental Fee 500.00 1,000.00 (500.00) 1,000.00 3,000.00 (2,000.00) 4092000 Golf Lessons- - - - - - 4093000 Resident Card Issue24,210.00 22,000.00 2,210.00 90,340.00 78,800.00 11,540.00 Total Revenue Fees316,342.00 415,912.00 (99,570.00) 1,326,451.79 1,224,013.00 102,438.79 316,342.00 415,912.00 (99,570.00) 1,326,451.79 1,224,013.00 102,438.79 SilverRock ResortStatement of Fees RevenueTotal IncomeMonth to DateYear to DateJanuary 20212 Income January 2021Final Budget Variance Final Budget Variance 4100000 Sales Miscellaneous269.00 - 269.00 2,110.03 - 2,110.03 4100110 Sales Hard Goods5,912.01 6,525.00 (612.99) 38,157.66 13,039.00 25,118.66 4100112 Sales-Soft Goods9,707.50 19,575.00 (9,867.50) 44,403.77 39,114.00 5,289.77 5100639 GS-Discounts-Mdse (2,163.81) - (2,163.81) (11,934.28) - (11,934.28) Total Revenue Golf Shop13,724.70 26,100.00 (12,375.30) 72,737.18 52,153.00 20,584.18 COS 5100150 COS-GS-Hard Goods 3,182.92 3,652.00 (469.08) 20,539.75 7,626.00 12,913.75 5100151 COS-GS-Soft Goods 4,596.43 11,486.00 (6,889.57) 20,355.04 22,621.00 (2,265.96) 5100152 COS-GS-Purchase Disc (42.33) (757.00) 714.67 (366.72) (1,513.00) 1,146.28 5100220 COS-GS-Freight Merch 200.09 227.00 (26.91) 2,062.34 454.00 1,608.34 Cost of Sales - Golf Shop7,937.11 14,608.00 (6,670.89) 42,590.41 29,188.00 13,402.41 Gross Profit 5,787.59 11,492.00 (5,704.41) 30,146.77 22,965.00 7,181.77 COS %57.8% 56.0% -1.9% 58.6% 56.0% -2.6%Expense61-PS-SALARIES & BENEFITS6101320 Insurance Group2,010.53 490.00 1,520.53 5,421.06 3,430.00 1,991.06 6101325 Insurance-Workers Comp 521.60 597.00 (75.40) 3,997.74 2,829.00 1,168.74 6101720 Salaries5,168.16 5,200.00 (31.84) 38,761.20 36,400.00 2,361.20 6101800 Taxes-Employer Payroll 2,172.99 1,592.00 580.99 7,601.17 7,543.00 58.17 6101880 Wages-Hourly9,355.25 10,718.00 (1,362.75) 40,249.00 39,020.00 1,229.00 6101882 Wages-Overtime114.75 - 114.75 159.38 - 159.38 Total -PS-SALARIES & BENEFITS 19,343.28 18,597.00 746.28 96,189.55 89,222.00 6,967.55 61-PS OTHER EXPENSES6103742 Supplies-Expendable- - - - - - 6103762 Supplies-Office247.42 250.00 (2.58) 1,041.69 1,750.00 (708.31) 6109220 Freight & Delivery244.66 - 244.66 402.44 75.00 327.44 6109490 Miscellaneous53.75 500.00 (446.25) 2,049.22 3,500.00 (1,450.78) 6109150 Dues and Subscriptions - - - - - - 6109500 ProShop-Over/Short- - - (174.00) - (174.00) 6109722 Seminars/Training- 1,250.00 (1,250.00) - 2,300.00 (2,300.00) 6109810 Travel - Merchandise- 15.00 (15.00) - 15.00 (15.00) 6109820 Uniforms349.24 500.00 (150.76) 2,393.57 1,400.00 993.57 6117840 Telephones178.50 110.00 68.50 757.39 770.00 (12.61) 1,073.57 2,625.00 (1,551.43) 6,470.31 9,810.00 (3,339.69) 20,416.85 21,222.00 (805.15) 102,659.86 99,032.00 3,627.86 (14,629.26) (9,730.00) (4,899.26) (72,513.09) (76,067.00) 3,553.91 Net IncomeSilverRock ResortGolf Shop Income StatementTotal Expenses-Golf ShopMonth to DateYear to DateJanuary 20213 January 2021Final Budget Variance Final Budget Variance Expense63-CM-SALARIES & BENEFITS6311320 Insurance-Group 5,403.75 9,810.00 (4,406.25) 42,747.68 68,670.00 (25,922.32) 6311325 Insurance-Workers Comp2,420.10 2,702.00 (281.90) 13,364.79 14,272.00 (907.21) 6311720 Salaries13,012.76 13,013.00 (0.24) 89,829.70 91,091.00 (1,261.30) 6311800 Taxes-Employer Payroll7,435.65 7,204.00 231.65 24,961.68 38,589.00 (13,627.32) 6311880 Wages-Hourly48,519.83 59,027.00 (10,507.17) 215,949.94 278,810.00 (62,860.06) 6311882 Wages-Overtime1,297.69 - 1,297.69 18,017.03 16,000.00 2,017.03 Total-CM-SALARIES & BENEFITS 78,089.78 91,756.00 (13,666.22) 404,870.82 507,432.00 (102,561.18) 63-CM-SUPPLIES & MATERIALS6313734 Chemicals2,233.45 3,033.00 (799.55) 23,020.19 36,256.00 (13,235.81) 6313744 Fertilizer3,749.90 5,000.00 (1,250.10) 39,395.87 64,800.00 (25,404.13) 6313745 Herbicides- - - - - - 6313746 Flowers/Plants2,166.95 750.00 1,416.95 3,785.14 2,750.00 1,035.14 6313748 Fuel-Gasoline3,711.02 3,570.00 141.02 18,531.88 27,820.00 (9,288.12) 6313750 Golf Course Accessories- - - 10,766.12 12,300.00 (1,533.88) 6313756 POA Control6,349.97 - 6,349.97 9,612.47 9,900.00 (287.53) 6313758 Miscellaneous Supp504.73 100.00 404.73 2,805.47 3,850.00 (1,044.53) 6313762 Supplies-Office359.88 - 359.88 1,549.79 - 1,549.79 6313774 Sand2,650.60 380.00 2,270.60 9,296.51 12,960.00 (3,663.49) 6313776 Seed- - - 102,733.16 106,900.00 (4,166.84) 6313778 Small Tools & Non-Capital Equip- 100.00 (100.00) 4,573.94 4,500.00 73.94 6313780 Sod- - - 1,300.00 10,800.00 (9,500.00) 6313782 Topdressing- - - 1,553.11 7,000.00 (5,446.89) Total-CM-SUPPLIES & MATERIALS21,726.50 12,933.00 8,793.50 228,923.65 299,836.00 (70,912.35) 63-CM-REPAIRS & MAINTENANCE6315095 CM-R&M-Contract Lake Maint 3,600.00 - 3,600.00 17,500.00 19,250.00 (1,750.00) 6315685 CM-R&M-Bldngs & Othr Structures - 250.00 (250.00) 7,799.69 4,300.00 3,499.69 6315690 CM-R&M-Equipment2,476.26 2,500.00 (23.74) 25,196.92 27,000.00 (1,803.08) 6315692 CM-R&M-Irrigation System1,683.01 1,200.00 483.01 20,221.44 14,050.00 6,171.44 6315696 CM-R&M-Pumps- 1,000.00 (1,000.00) 2,300.00 7,000.00 (4,700.00) 6315815 CM-R&M-Trees-Pruning Etc- - - 11,150.00 6,050.00 5,100.00 Total-CM-REPAIRS & MAINTENANCE 7,759.27 4,950.00 2,809.27 84,168.05 77,650.00 6,518.05 6317836 Utilities-Natural Gas/LPG 73.31 15.00 58.31 169.02 105.00 64.02 6317840 Telephones826.50 850.00 (23.50) 6,556.59 5,950.00 606.59 Total-CM-UTILITIES 899.81 865.00 34.81 6,725.61 6,055.00 670.61 63-CM-OTHER EXPENSES6319020 Auto Mileage/Allowance400.00 400.00 - 3,200.00 2,800.00 400.00 6319100 Contract Svcs-Soil/Tissue Test- - - - 1,000.00 (1,000.00) 6319102 Contract Svcs-Trash Removal- 524.00 (524.00) 639.72 3,668.00 (3,028.28) 6319150 Dues & Subscriptions- - - 1,015.00 - 1,015.00 6319170 Employee Education- 50.00 (50.00) - 350.00 (350.00) 6319197 Equipment Rental- 200.00 (200.00) - 2,500.00 (2,500.00) 6319206 Licenses & Permits- - - 260.86 400.00 (139.14) 6319490 Miscellaneous- 100.00 (100.00) 1,302.29 700.00 602.29 6319718 Safety Equipment & Training384.53 400.00 (15.47) 2,763.60 3,150.00 (386.40) 6319822 Uniforms1,233.57 920.00 313.57 8,255.06 6,440.00 1,815.06 Total-CM-OTHER EXPENSES2,018.10 2,594.00 (575.90) 17,436.53 21,008.00 (3,571.47) SilverRock ResortCourse Maintenance Expense StatementJanuary 2021Month to Date Year to Date4 January 2021Final Budget Variance Final Budget Variance 632-CM-LANDSCAPE MAINTENANCE632-CM-LM-SALARIES & BENEFITS6321320 Insurance-Group 3,145.15 2,450.00 695.15 19,727.73 17,150.00 2,577.73 6321325 Insurance-Workers Comp448.10 500.00 (51.90) 4,210.79 3,537.00 673.79 6321800 Taxes-Employer Payroll1,121.92 1,333.00 (211.08) 6,873.02 9,544.00 (2,670.98) 6321880 Wages-Hourly11,022.70 13,334.00 (2,311.30) 64,578.40 92,048.00 (27,469.60) 6321882 Wages-Overtime525.00 - 525.00 3,017.25 3,418.00 (400.75) Total-CM-LM-SALARIES & BENEFITS16,262.87 17,617.00 (1,354.13) 98,407.19 125,697.00 (27,289.81) 632-CM-LM-SUPPLIES & MATERIALS6323778 Small Tools - 75.00 (75.00) - 650.00 (650.00) 6323788 Uniforms 346.36 290.00 56.36 1,113.75 2,030.00 (916.25) Total-CM-LM-SUPPLIES & MATERIALS346.36 365.00 (18.64) 1,113.75 2,680.00 (1,566.25) 632-CM-LM-REPAIRS & MAINTENANCE6325687 CM-LM-R&M-Drip Irrigation- 250.00 (250.00) - 2,750.00 (2,750.00) Total-CM-LM-REPAIRS & MAINTENANCE- 250.00 (250.00) - 2,750.00 (2,750.00) 127,102.69 131,330.00 (4,227.31) 841,645.60 1,043,108.00 (201,462.40) Total-COURSE MAINTENANCESilverRock ResortMonth to Date Year to DateJanuary 2021Course Maintenance Expense Statement5 January 2021Final Budget Variance Final Budget Variance Expense641-CBR-SALARIES & BENEFITS6411320 Insurance-Group384.46 304.00 80.46 2,769.52 2,128.00 641.52 6411325 Insurance-Workers Comp785.81 851.00 (65.19) 5,226.37 3,416.00 1,810.37 6411800 Taxes-Employer Payroll2,909.89 2,824.00 85.89 9,019.27 11,339.00 (2,319.73) 6411880 Wages-Hourly18,088.00 22,680.00 (4,592.00) 86,824.45 91,073.00 (4,248.55) 6411882 Wages-Overtime648.41 - 648.41 3,114.24 - 3,114.24 Total-CBR-SALARIES & BENEFITS22,816.57 26,659.00 (3,842.43) 106,953.85 107,956.00 (1,002.15) 641-CBR-SUPPLIES & MATERIALS6413732 Supplies-Carts 120.71 75.00 45.71 120.71 1,575.00 (1,454.29) 6413742 Supplies-Expendable- 1,000.00 (1,000.00) 1,694.36 4,450.00 (2,755.64) 6413748 Supplies-Fuel for Shuttle- 450.00 (450.00) - 1,350.00 (1,350.00) 6413752 Supplies-Range Balls- - - 11,745.01 10,000.00 1,745.01 6413762 Supplies-Office- 50.00 (50.00) - 275.00 (275.00) 6413768 Supplies-Printing and Stationary- 70.00 (70.00) - 70.00 (70.00) 6413786 Supplies-Towels80.00 250.00 (170.00) 2,080.00 1,110.00 970.00 6413796 Supplies-Bottled Water- 200.00 (200.00) 10,262.69 15,000.00 (4,737.31) Total-CBR-SUPPLIES & MATERIALS200.71 2,095.00 (1,894.29) 25,902.77 33,830.00 (7,927.23) 641-CBR-REPAIRS & MAINTENANCE6415690 CBR-R&M-Equipment 70.63 300.00 (229.37) 3,477.08 2,100.00 1,377.08 6415695 CBR-R&M-Cart Maintenance & Repair 1,216.00 1,503.00 (287.00) 10,216.43 10,521.00 (304.57) Total-CBR-REPAIRS & MAINTENANCE1,286.63 1,803.00 (516.37) 13,693.51 12,621.00 1,072.51 641-CBR-OTHER EXPENSES6419094 Contract Services-Laundry/Linen 1,068.54 800.00 268.54 7,328.91 5,600.00 1,728.91 6419220 Freight/Delivery25.75 - 25.75 25.75 450.00 (424.25) 6419490 Miscellaneous2,940.31 600.00 2,340.31 5,275.57 4,200.00 1,075.57 6419820 Uniforms333.45 - 333.45 1,183.62 3,000.00 (1,816.38) Total-CBR-OTHER EXPENSES4,368.05 1,400.00 2,968.05 13,813.85 13,250.00 563.85 TOTAL-CARTS,BAGROOM & RANGE28,671.96 31,957.00 2,968.05 160,363.98 167,657.00 (7,293.02) 643-CS-SALARIES & BENEFITS6431320 Insurance-Group- - - - - - 6431325 Insurance-Workers Comp417.60 423.00 (5.40) 1,937.37 1,470.00 467.37 6431800 Taxes-Employer Payroll981.09 1,127.00 (145.91) 4,382.12 3,926.00 456.12 6431880 Wages-Hourly10,251.50 11,270.00 (1,018.50) 41,167.25 39,249.00 1,918.25 6431882 Wages-Overtime- - - - - - Total-CS-SALARIES & BENEFITS11,650.19 12,820.00 (1,169.81) 47,486.74 44,645.00 2,841.74 643-CS-OTHER EXPENSES6433742 Supplies Expendable 126.59 100.00 26.59 126.59 600.00 (473.41) 6439490 Miscellaneous36.71 50.00 (13.29) 106.45 200.00 (93.55) 6439718 Safety Equipment & Training- 50.00 (50.00) - 350.00 (350.00) 6439820 Uniforms473.75 75.00 398.75 2,270.64 1,425.00 845.64 Total-CS-OTHER EXPENSES637.05 275.00 362.05 2,503.68 2,575.00 (71.32) Total-COURSE SERVICES12,287.24 13,095.00 (807.76) 49,990.42 47,220.00 2,770.42 40,959.20 45,052.00 (4,092.80) 210,354.40 214,877.00 (4,522.60) TOTAL OUTSIDE SERVICESMonth to DateYear to DateSilverRock ResortOutside Services Expense StatementJanuary 20216 January 2021Final Budget Variance Final Budget Variance Expense65-CH-SUPPLIES & MATERIALS6503742 Supplies-Expendable400.00 400.00 - 2,800.00 2,800.00 - Total-CH-SUPPLIES & MATERIALS400.00 400.00 - 2,800.00 2,800.00 - 65-CH-UTILITIES6507836 Utilities-Natural Gas802.03 1,180.00 (377.97) 5,597.22 6,280.00 (682.78) 6507840 Utilities-Telephone1,385.48 1,150.00 235.48 9,400.95 8,050.00 1,350.95 6507842 Utilities-Water1,145.71 321.00 824.71 4,848.71 2,247.00 2,601.71 6507844 Utilities-Cable70.99 380.00 (309.01) 1,936.87 2,660.00 (723.13) Total-CH-UTILITIES3,404.21 3,031.00 373.21 21,783.75 19,237.00 2,546.75 65-CH-OTHER EXPENSES6509091 Contract Services-Cleaning480.00 400.00 80.00 3,035.00 2,800.00 235.00 6509099 Contract Services-Security4,213.44 5,000.00 (786.56) 29,451.92 35,000.00 (5,548.08) 6509215 Flowers & Decorations- 500.00 (500.00) - 1,000.00 (1,000.00) 6509490 Miscellaneous- - - 282.92 - 282.92 6509718 Safety Equipment & Training264.75 100.00 164.75 1,102.67 700.00 402.67 Total-CH-OTHER EXPENSES4,958.19 6,000.00 (1,041.81) 33,872.51 39,500.00 (5,627.49) 65-CH-REPAIRS & MAINTENANCE6515685 CH-R&M-Building Structures859.09 300.00 559.09 3,137.04 2,100.00 1,037.04 6515686 CH-R&M-Restaurant Repairs- 700.00 (700.00) 2,230.00 4,900.00 (2,670.00) 6515690 CH-R&M-Equipment Repair- 700.00 (700.00) 4,973.62 4,900.00 73.62 Total-CH-REPAIRS & MAINTENANCE859.09 1,700.00 (840.91) 10,340.66 11,900.00 (1,559.34) 9,621.49 11,131.00 (1,509.51) 68,796.92 73,437.00 (4,640.08) SilverRock ResortClubhouse Expense StatementJanuary 2021Total CLUBHOUSEMonth to DateYear to Date7 January 2021Final Budget Variance Final Budget Variance Expense66-MKT-SALARIES & BENEFITS6601320 Insurance-Group - 348.00 (348.00) 1,138.40 2,436.00 (1,297.60) 6601325 Insurance-Workers Comp- 94.00 (94.00) 508.14 188.00 320.14 6601720 Salaries- 2,508.00 (2,508.00) 9,660.00 5,016.00 4,644.00 6601800 Taxes-Employer Payroll- 251.00 (251.00) 973.60 502.00 471.60 Total-MKT-SALARIES & BENEFITS- 3,201.00 (3,201.00) 12,280.14 8,142.00 4,138.14 66-MKT-SUPPLIES & MATERIALS6603762 Supplies-Office221.67 100.00 121.67 276.47 700.00 (423.53) 6603768 Supplies-Printing & Stationery 253.10 200.00 53.10 3,403.14 3,800.00 (396.86) 474.77 300.00 174.77 3,679.61 4,500.00 (820.39) 66-MKT-UTILITIES6607840 Utilities-Telephone 214.50 100.00 114.50 1,401.34 700.00 701.34 Total-MKT-UTILITIES214.50 100.00 114.50 1,401.34 700.00 701.34 66-MKT-OTHER EXPENSES6609010 Advertising8,232.48 20,161.00 (11,928.52) 65,210.11 91,592.00 (26,381.89) 6609040 Business Meals- 25.00 (25.00) - 175.00 (175.00) 6609080 Collateral Material- 500.00 (500.00) 6,298.19 2,000.00 4,298.19 6609102 Contract Services-Web Page(550.01) 150.00 (700.01) 1,891.99 1,050.00 841.99 6609490 Miscellaneous218.48 50.00 168.48 218.48 150.00 68.48 6609620 Postage- 50.00 (50.00) - 350.00 (350.00) 6609630 Promotion- 300.00 (300.00) - 450.00 (450.00) 6609633 Promotion-Community- 75.00 (75.00) - 1,875.00 (1,875.00) 6609634 Promotion-Media/Vendor- 500.00 (500.00) - 500.00 (500.00) 6609150 Dues and Subscriptions- 35.00 (35.00) 82.80 35.00 47.80 6609820 Uniforms- 50.00 (50.00) 266.98 450.00 (183.02) Total-MKT-OTHER EXPENSES7,900.95 21,896.00 (13,995.05) 73,968.55 98,627.00 (24,658.45) 8,590.22 25,497.00 (16,906.78) 91,329.64 111,969.00 (20,639.36) Total-MARKETINGMonth to DateYear to DateSilverRock ResortMarketing Expense StatementJanuary 20218 January 2021Final Budget Variance Final Budget Variance Expense67-G&A-SALARIES & BENEFITS6701320 Insurance-Group2,717.73 2,180.00 537.73 19,893.38 15,260.00 4,633.38 6701325 Insurance-Workers Comp744.05 761.00 (16.95) 4,952.74 5,073.00 (120.26) 6701720 Salaries16,635.40 16,783.00 (147.60) 113,236.27 111,401.00 1,835.27 6701800 Taxes-Employer Payroll2,579.13 2,030.00 549.13 10,783.96 13,530.00 (2,746.04) 6701880 Wages-Hourly2,882.69 3,520.00 (637.31) 17,801.01 23,920.00 (6,118.99) 6701882 Wages-Overtime- - - - - - Total-G&A-SALARIES & BENEFITS25,559.00 25,274.00 285.00 166,667.36 169,184.00 (2,516.64) 67-G&A-SUPPLIES & MATERIALS6703740 Supplies-Computer186.92 500.00 (313.08) 921.05 3,500.00 (2,578.95) 6703762 Supplies-Office24.63 105.00 (80.37) 407.82 735.00 (327.18) 6703768 Supplies-Printing & Stationery105.49 400.00 (294.51) 1,048.62 1,300.00 (251.38) Total-G&A-SUPPLIES & MATERIALS317.04 1,005.00 (687.96) 2,377.49 5,535.00 (3,157.51) 67-G&A-REPAIRS & MAINTENANCE6705690 Repairs & Maintenance-Equipment - 100.00 (100.00) - 1,400.00 (1,400.00) Total-G&A-REPAIRS & MAINTENANCE- 100.00 (100.00) - 1,400.00 (1,400.00) 67-G&A-OTHER EXPENSES6709020 Auto/Mileage Allowance500.00 500.00 - 3,500.00 3,500.00 - 6709150 Dues & Subscriptions129.41 100.00 29.41 899.41 500.00 399.41 6709180 Employee Recruiting/Relocation 140.00 150.00 (10.00) 1,072.20 800.00 272.20 6709197 Equipment Rental737.14 550.00 187.14 4,226.61 3,850.00 376.61 6709202 Fees-Bank537.56 90.00 447.56 19,831.91 630.00 19,201.91 6709208 Fees-Payroll Processing1,084.37 1,000.00 84.37 4,835.35 7,000.00 (2,164.65) 6709220 Freight/Delivery- 50.00 (50.00) - 350.00 (350.00) 6709490 Miscellaneous6.20 100.00 (93.80) 4,912.06 5,500.00 (587.94) 6709491 Loss/Damage- - - - - - 6709620 Postage/Mail Services- 75.00 (75.00) 655.67 525.00 130.67 6709625 Professional Fees2,962.50 850.00 2,112.50 15,118.53 5,950.00 9,168.53 6709636 Promotion/Entertainment- 100.00 (100.00) - 700.00 (700.00) 6709722 Seminars & Training300.00 200.00 100.00 580.00 1,400.00 (820.00) 6709810 Travel- - - - 100.00 (100.00) 6709820 Uniforms- 75.00 (75.00) 539.75 675.00 (135.25) Total-G&A-OTHER EXPENSES6,397.18 3,840.00 2,557.18 56,171.49 31,480.00 24,691.49 32,273.22 30,219.00 2,054.22 225,216.34 207,599.00 17,617.34 Total-GENERAL & ADMINISTRATIVEMonth to DateYear to DateSilverRock ResortGeneral & Administrative Expense StatementJanuary 20219 January 2021Final Budget Variance Final Budget Variance Expense68-LEASES6800192 Equipment Leases-Carts10,636.93 12,000.00 (1,363.07) 74,458.51 84,000.00 (9,541.49) 6800193 Equipment Leases-Maintenance 12,533.70 12,400.00 133.70 83,306.88 86,800.00 (3,493.12) 6800196 Equipment Leases-GPS2,871.00 2,900.00 (29.00) 19,173.00 20,300.00 (1,127.00) 6800197 Equipment Leases-Others1,753.27 1,950.00 (196.73) 14,043.11 10,450.00 3,593.11 27,794.90 29,250.00 (1,455.10) 190,981.50 201,550.00 (10,568.50) 69-MISC OTHER EXPENSES6900096 Contract Srvcs-Management Fee 9,386.00 9,386.00 - 65,702.00 65,702.00 - 6900800 Personal Property Taxes- - - 5,406.76 11,800.00 (6,393.24) 6900323 Insurance-Commercial5,463.90 4,750.00 713.90 39,815.85 33,250.00 6,565.85 14,849.90 14,136.00 713.90 110,924.61 110,752.00 172.61 Total-LEASESTotal-MISC OTHER EXPENSESSilverrock ResortOperating Leases & Miscellaneous Other Expense StatementMonth to Date Year to DateJanuary 202110 SilverRock Resort-Arnold Palmer Classic CourseComp Golf Report-2020-20212020 2020 2020 2020 2020 2020Comp CategoryJulyAugustSeptemberOctoberNovemberDecemberMediaSalesPromotion44Golf IndustryVIPCelebrityPGA Comp10 12 1322Charity/Gift Certificate426Rain/Wind Checks23Club Staff59 37 33410 30LQ HS Golf281 53 49612 382021 2021 2021 2021 2021 2021Comp CategoryJanuaryFebruaryMarchAprilMayJuneMediaSalesPromotionGolf IndustryVIPCelebrityPGA Comp16Charity/Gift Certificate3Rain/Wind ChecksClub Staff28LQ HS Golf470000011