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06 December 2021 SilverRock Resort - Monthly Financial StatementLVERROCK 0 R E S O R T Monthly Financial Statements July 1, 2021 - December 31, 2021 TABLE OF CONTENTS Summary Operating Income Expense 1 Statement of Fee Revenue Golf Shop Income Statement 2 C Course Maintenance Expense Statement 4 Outside Service Expense Statement 5 Clubhouse Expense Statement Marketing Expense Statement 7 General 8t Administrative Expense Statement 8 Operating Leases 8t Miscellaneous Expense Statement 9 Complimentary Report 10 SilverRock Resort Summary Operating Income Statement December 2021 Month to Date Year to Date Annual Budget Percentages GIL # Series Account Description December 2021 Final Budget Variance Unfavorable (-) Favorable + Final Budget Variance Annual Budget Unemcumb. % Bdgt Income 400000 Golf Green Fee Revenue 449,157.00 246,513.00 202,644.00 82.2% 1,428,008.75 927,124.00 500,884.75 3,107,870.00 1,679,861.25 46% 401000 Miscellaneous Golf Revenue 36,768.00 36,800.00 (32.00) -0.1% 129,660.00 93,300.00 36,360.00 301,080.00 171,420.00 43% 410000 Revenue -Golf Shop 24,001.53 16,251.00 7,750.53 47.7% 94,850.48 55,877.00 38,973.48 198,743.00 103,892.52 48% 420000 Food & Beverage Revenue 63,670.43 26,000.00 37,670.43 144.9% 229,229.36 90,488.00 138,741.36 534,903.00 305,673.64 0% 573,596.97 325,564.00 248,032.97 1,881,748.64 1,166,789.00 714,959.64 4,142,596.00 2,260,847.41 Total Income 76.2% 45% Cost of Goods Sold 510000 COS -Golf Shop 19,556.25 9,095.00 10,461.25 -115.0% 60,182.60 31,275.00 (28,907.60) 111,236.00 51,053.40 54% 24,233.46 9,360.00 14,873.46 74,263.69 38,543.00 (35,720.69) 186,194.00 111,930.31 520000 COS -Food & Beverage -158.9% 40% 43,789.71 18,455.00 25,334.71 134,446.29 69,818.00 (64,628.29) 297,430.00 51,053.40 Total COS -137.3% 45% Gross Profit 529,807.26 307,109.00 222,698.26 72.5% 1,747,302.35 1,096,971.00 650,331.35 3,845,166.00 2,209,794.01 45% Expenses 610000 Golf Pro Shop 20,581.07 20,959.00 (377.93) 1.8% 103,633.19 87,957.00 15,676.19 215,716.00 112,082.81 48% 630000 Course Maintenance 140,183.88 140,134.00 49.88 0.0% 958,170.22 917,376.00 40,794.22 1,744,514.00 786,343.78 55% 633000 Maintenance Water & Energy 19,129.00 13,705.00 5,424.00 -39.6% 152,657.13 116,940.00 35,717.13 249,219.00 96,561.87 61% 640000 Outside Services 58,163.76 46,046.00 12,117.76 -26.3% 200,548.14 182,772.00 17,776.14 435,911.00 235,362.86 46% 650000 Clubhouse 11,948.51 10,301.00 1,647.51 -16.0% 58,755.72 62,306.00 (3,550.28) 127,492.00 68,736.28 46% 660000 Marketing 19,540.48 17,967.00 1,573.48 -8.8% 68,715.77 86,599.00 (17,883.23) 191,765.00 123,049.23 36% 670000 General & Administrative 38,851.06 35,909.00 2,942.06 -8.2% 196,936.18 190,491.00 6,445.18 383,648.00 186,711.82 51% 680000 Leases 24,068.88 29,250.00 (5,181.12) 17.7% 167,935.44 172,300.00 (4,364.56) 347,800.00 179,864.56 48% 690000 Miscellaneous Other Expense 29,175.66 20,210.00 8,965.66 -44.4% 135,817.68 122,022.00 13,795.68 269,117.00 133,299.32 620000 Food & Beverage Expenses 44,371.56 29,087.00 15,284.56 -52.5% 194,821.90 125,772.00 69,049.90 348,708.00 153,886.10 50% 406,013.86 363,568.00 42,445.86 -11.7% 2,237,991.37 2,064,535.00 (173,456.37) 4,313,890.00 1,922,012.53 52% Total Expenses Net Income 123,793.40 (56,459.00) 180,252.40 137.0% (490,689.02) (967,564.00) 476,874.98 (468,724.00) 287,781.48 105% 400000 Rounds of Golf Played Paid Rounds Played 4,650 3,250 1,400 43.1% 16,580 13,600 2,980 43,667 27,087 38% Ave $ Per Paid Round Green Fee 96.59 75.85 20.74 27.3% 86.13 68.17 17.96 71.17 (14.96) 121% Ave $ Per Paid Round Merchandise 5.16 5.00 0.16 3.2% 5.72 4.11 1.61 4.55 (1.17) 126% Ave $ Per Paid Miscellaneous 3.81 4.31 (0.50) -11.6% 3.32 2.68 0.64 6.89 1 3.57 48% SilverRock Resort Statement of Fees - Revenue December 2021 Month to Date Year to Date Annual Budget December Income 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 449,157.00 246,513.00 202,644.00 1,428,008.75 927,124.00 500,884.75 3,107,870.00 1,679,861.25 54.1% 4010000 Rider Fee 3,640.00 - 3,640.00 12,680.00 - 12,680.00 5,580.00 (7,100.00) -127.2% 4040000 Club Rental 3,075.00 3,100.00 (25.00) 11,505.00 6,500.00 5,005.00 21,500.00 9,995.00 46.5% 4050000 Driving Range 9,380.00 9,900.00 (520.00) 25,440.00 27,000.00 (1,560.00) 96,200.00 70,760.00 73.6% 4060000 Handicap Fees 608.00 - 608.00 2,055.00 - 2,055.00 2,500.00 445.00 17.8% 4090000 Ball Retriever/Subcontract - - - 900.00 1,000.00 (100.00) 2,500.00 1,600.00 64.0% 4091000 Golf Professional Rental Fee 1,000.00 1,000.00 - 2,500.00 2,000.00 500.00 7,500.00 5,000.00 66.7% 4092000 Golf Lessons - - - - - - - - 0.0% 4093000 Resident Card Issue 19,065.00 22,800.00 (3,735.00) 74,580.00 56,800.00 17,780.00 165,300.00 90,720.00 54.9% Total Revenue Fees 485,925.00 283,313.00 202,612.00 1,557,668.75 1,020,424.00 537,244.75 3,408,950.00 1,851,281.25 54.3% Total Income 485,925.00 283,313.00 202,612.00 1 1,557,668.75 1,020,424.00 537,244.75 1 3,408,950.00 1 1,851,281.25 54.3% SilverRock Resort Golf Shop Income Statement December 2021 Month to Date Year to Date Annual Budget Income December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous 412.24 412.24 3,008.82 3,008.82 0 0 0% 4100110 Sales Hard Goods 11,344.95 4,063.00 7,281.95 42,038.14 13,970.00 28,068.14 49,686.00 7,647.86 15.4% 4100112 Sales -Soft Goods 16,102.96 12,188.00 3,914.96 64,365.24 41,907.00 22,458.24 149,057.00 84,691.76 56.8% 5100639 GS-Discounts-Mdse (3,858.62 ) 3( 858.62) (14,561.72) (14,561.72) 14,561.72 0.0% 24,001.53 16,251.00 7,750.53 94,850.48 55,877.00 38,973.48 Total Revenue Golf Shop 198,743.00 106,901.34 53.8% COS 5100150 COS-GS-Hard Goods 7,941.47 2,356.00 5,585.47 25,222.75 8,102.00 17,120.75 28,817.88 3,595.13 12.5% 5100151 COS-GS-Soft Goods 11,296.05 7,069.00 4,227.05 34,165.94 24,307.00 9,858.94 86,453.06 52,287.12 60.5% 5100152 COS-GS-Purchase Disc (46.86) (471.00) 424.14 (436.11) (1,620.00) 1,183.89 (5,764.00) (5,327.89) 92.4% 5100220 COS-GS-Freight March 365.59 141.00 224.59 1,230.02 486.00 744.02 1,729.00 498.98 28.9% Cost of Sales - Golf Shop 19,556.25 9,095.00 10,461.25 60,182.60 31,275.00 28,907.60 111,235.94 51,053.34 45.9% Gross Profit 4,445.28 7,156.00 (2,710.72) 34,667.88 24,602.00 10,065.88 87,507.06 55,848.00 63.8% 81.5% 56.0% -25.5% 63.4% 56.0% -7.5% COS% 53.1% 47.8% 90.0% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 717.70 736.00 (18.30) 3,416.36 4,416.00 (999.64) 8,832.00 5,415.64 61.3% 6101325 Insurance -Workers Comp 1,613.53 1,022.00 591.53 6,179.85 4,098.00 2,081.85 10,091.00 3,911.15 38.8% 6101720 Salaries 5,323.16 5,350.00 (26.84) 33,903.04 32,100.00 1,803.04 65,000.00 31,096.96 47.8% 6101800 Taxes -Employer Payroll 1,294.50 1,601.00 (306.50) 6,977.11 6,419.00 558.11 15,806.00 8,828.89 55.9% 6101880 Wages -Hourly 9,217.65 11,065.00 (1,847.35) 48,250.03 33,739.00 14,511.03 97,112.00 48,861.97 50.3% 6101882 Wages -Overtime 299.93 299.93 1,038.21 1,038.21 (1,038.21) 0.0% 18,466.47 19,774.00 (1,307.53 ) 99,764.60 80,772.00 18,992.60 Total -PS-SALARIES & BENEFITS 196,841.00 97,076.40 49.3% 61-PS OTHER EXPENSES 6103742 Supplies -Expendable 0.0% 6103762 Supplies -Office 997.93 250.00 747.93 1,672.29 1,500.00 172.29 3,000.00 1,327.71 44.3% 6109220 Freight & Delivery 27.57 25.00 2.57 255.08 75.00 180.08 75.00 (180.08) -240.1% 6109490 Miscellaneous 521.34 500.00 21.34 521.34 3,000.00 (2,478.66) 6,000.00 5,478.66 91.3% 6109150 Dues and Subscriptions 2,300.00 2,300.00 100.0% 6109500 ProShop-OverlShort (2.16) (2.16) 59.91 - 59.91 (59.91) 0.0% 6109722 Seminars/Training 100.00 (100.00) 1,050.00 (1,050.00) 3,690.00 3,690.00 100.0% 6109810 Travel - Merchandise 90.00 90.00 100.0% 6109820 Uniforms 465.66 200.00 265.66 812.93 900.00 (87.07) 2,400.00 1,587.07 66.1% 6117840 Telephones 104.26 110.00 (5.74) 547.04 660.00 (112.96) 1,320.00 772.96 58.6% 2,114.60 1,185.00 929.60 3,868.59 7,185.00 (3,316.41) 18,875.00 15,006.41 79.5% Total Expenses -Golf Shop 20,581.07 20,959.00 377.93 103,633.19 87,957.00 15,676.19 215,716.00 112,082.81 52.0% Net Income 16135.79 13803.00 2332.79 (68,965.31) (63,355.00) (5,610.31) (128,208.94) (56,234.81) 43.9% SilverRock Resort Course Maintenance Expense Statement December 2021 Month to Date Year to Date Annual Budget December2021 Annual Final Budget Variance Final Budget Variance Budget Unemcumb. %Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 8,170.14 8,944.00 (773.86) 33,609.42 45,568.00 (11,958.58) 99,232.00 65,622.58 66.1% 6311325 Insurance -Workers Comp 3,126.00 2,732.00 394.00 16,686.18 12,078.00 4,608.18 28,865.00 12,178.82 42.2% 6311720 Salaries 14,537.38 13,500.00 1,037.38 79,289.90 81,000.00 (1,710.10) 169,250.00 89,960.10 53.2% 6311800 Taxes -Employer Payroll 3,264.36 7,102.00 (3,837.64) 23,936.83 31,922.00 (7,985.17) 75,649.00 51,712.17 68.4% 6311880 Wages -Hourly 53,365.02 59,340.00 (5,974.98) 275,480.04 230,410.00 45,070.04 588,141.00 312,660.96 53.2% 6311882 Wages -Overtime 1,557.79 1,557.79 16,630.35 16,000.00 630.35 18,500.00 1,869.65 10.1% 84,020.69 91,618.00 (7,597.31) 445,632.72 416,978.00 28,654.72 Total -CM -SALARIES & BENEFITS 979,637.00 534,004.28 54.5% 63-CM-SUPPLIES & MATERIALS 6313734 Chemicals 802.04 802.04 29,488.58 33,223.00 (3,734.42) 50,060.00 20,571.42 41.1% 6313744 Fertilizer 14,162.77 8,950.00 5,212.77 32,163.73 59,800.00 (27,636.27) 93,670.00 61,506.27 65.7% 6313745 Herbicides 1,683.19 1,683.19 (1,683.19) 0.0% 6313746 Flowers/Plants 143.09 750.00 (606.91) 1,238.64 2,000.00 (761.36) 3,050.00 1,811.36 59.4% 6313748 Fuel -Gasoline 4,501.09 4,150.00 351.09 26,219.22 24,250.00 1,969.22 46,860.00 20,640.78 44.0% 6313750 Golf Course Accessories 97.00 97.00 12,307.82 12,300.00 7.82 13,140.00 832.18 6.3% 6313756 PDA Control 7,500.00 (7,500.00) 9,900.00 (9,900.00) 9,900.00 9,900.00 100.0% 6313758 Miscellaneous Supp 1,003.34 500.00 503.34 4,070.59 3,750.00 320.59 4,350.00 279.41 6.4% 6313762 Supplies -Office 665.67 665.67 (665.67) 0.0% 6313774 Sand 800.00 (800.00) 565.50 12,580.00 (12,014.50) 13,460.00 12,894.50 95.8% 6313776 Seed 188,144.85 116,900.00 71,244.85 116,900.00 (71,244.85) -60.9% 6313778 Small Tools & Non -Capital Equip 154.61 100.00 54.61 1,112.65 4,400.00 (3,287.35) 5,000.00 3,887.35 77.7% 6313780 Sod 935.27 10,800.00 (9,864.73) 15,500.00 14,564.73 94.0% 6313782 Topdressing 5,259.53 7,000.00 1,740.47 10,000.00 4,740.47 47.4% Total -CM -SUPPLIES & MATERIALS 20,863.94 22,750.00 (1,886.06) 303,855.24 296,903.00 6,952.24 381,890.00 78,034.76 20.4% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Maint 1,604.17 1,604.17 16,024.17 19,250.00 (3,225.83) 30,800.00 14,775.83 48.0% 6315685 CM-R&M-Bldngs & Othr Structures 83.50 500.00 (416.50) 5,188.75 4,050.00 1,138.75 5,550.00 361.25 6.5% 6315690 CM -R&M -Equipment 2,916.48 2,000.00 916.48 24,925.43 24,500.00 425.43 38,500.00 13,574.57 35.3% 6315692 CM -R&M -Irrigation System 13,023.50 550.00 12,473.50 18,331.91 12,850.00 5,481.91 19,050.00 718.09 3.8% 6315696 CM -R&M -Pumps 1,000.00 (1,000.00) 11,500.96 6,000.00 5,500.96 10,500.00 (1,000.96) -9.5% 6315815 CM -R&M -Trees -Pruning Etc 9,680.00 6,050.00 3,630.00 14,050.00 4,370.00 31.1% Total -CM -REPAIRS & MAINTENANCE 17,627.65 4,050.00 13,577.65 85,651.22 72,700.00 12,951.22 118,450.00 32,798.78 27.7% 6317836 Utilities -Natural GasILPG 15.00 (15.00) 86.74 90.00 (3.26) 180.00 93.26 0.0% 6317840 Telephones 985.46 850.00 135.46 7,126.79 5,100.00 2,026.79 10,200.00 3,073.21 30.1% Total -CM -UTILITIES 985.46 865.00 120.46 7,213.53 5,190.00 2,023.53 10,380.00 3,166.47 30.5% 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 1,600.00 2,400.00 (800.00) 4,800.00 3,200.00 66.7% 6319100 Contract Svcs-Soil/Tissue Test 6,242.98 1,000.00 5,242.98 2,000.00 (4,242.98) -212.1% 6319102 Contract Svcs -Trash Removal 375.50 524.00 (148.50) 726.86 3,144.00 (2,417.14) 6,288.00 5,561.14 88.4% 6319150 Dues & Subscriptions 210.00 210.00 705.00 705.00 680.00 (25.00) -3.7% 6319170 Employee Education 50.00 (50.00) 300.00 (300.00) 3,900.00 3,900.00 100.0% 6319197 Equipment Rental 200.00 (200.00) 609.44 2,300.00 (1,690.56) 3,400.00 2,790.56 82.1% 6319206 Licenses & Permits 50.00 (50.00) 1,342.52 400.00 942.52 4,300.00 2,957.48 68.8% 6319490 Miscellaneous 570.13 100.00 470.13 3,425.41 600.00 2,825.41 1,200.00 (2,225.41) -185.5% 6319718 Safety Equipment & Training 400.00 (400.00) 511.91 2,750.00 (2,238.09) 3,850.00 3,338.09 86.7% 6319822 Uniforms 1,990.26 920.00 1,070.26 5,731.62 5,520.00 211.62 11,040.00 5,308.38 48.1% Total -CM -OTHER EXPENSES 3,545.89 2,644.00 901.89 20,895.74 18,414.00 2,481.74 41,458.00 20,562.26 0.50 SilverRock Resort Course Maintenance Expense Statement December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-LANDSCAPE MAINTENANCE 632-CM-LM-SALARIES & BENEFITS 6321320 Insurance -Group 2,001.48 2,208.00 (206.52) 8,689.30 9,200.00 (510.70) 22,488.00 13,798.70 61.4% 6321325 Insurance -Workers Comp 561.20 500.00 61.20 3,795.17 3,037.00 758.17 5,955.00 2,159.83 36.3% 6321800 Taxes -Employer Payroll 882.66 1,300.00 (417.34) 5,778.73 8,007.00 (2,228.27) 15,595.00 9,816.27 62.9% 6321880 Wages -Hourly 9,108.00 13,334.00 (4,226.00) 71,456.00 78,714.00 (7,258.00) 156,528.00 85,072.00 54.3% 6321882 Wages -Overtime 586.91 586.91 5,202.57 3,418.00 1,784.57 3,418.00 (1,784.57) -52.2% Total-CM-LM-SALARIES & BENEFITS 13,140.25 17,342.00 (4,201.75) 94,921.77 102,376.00 7,454.23 203,984.00 109,062.23 53.5% 632-CM-LM-SUPPLIES & MATERIALS 6323778 Small Tools 75.00 (75.00) 575.00 (575.00) 1,025.00 1,025.00 100.0% 6323788 Uniforms 290.00 (290.00) 1,740.00 1,740.00) 3,480.00 3,480.00 100.0% Total-CM-LM-SUPPLIES & MATERIALS 365.00 (365.00) 2,315.00 2,315.00) 4,505.00 4,505.00 100.0% 632-CM-LM-REPAIRS & MAINTENANCE 6325687 CM-LM-R&M-Drip Irrigation 500.00 (500.00) 2,500.00 2,500.00) 4,250.00 4,250.00 100.0% Total-CM-LM-REPAIRS & MAINTENANCE 500.00 (500.00) 2,500.00 2,500.00 4,250.00 1 4,250.00 100.0% Total -COURSE MAINTENANCE 140,183.88 140,134.00 49.88 958,170.22 917,376.00 40,794.22 1,744,554.00 786, 883.78 45.1% Silverrock Resort Course Maintenance Water & Energy December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 6337834 Utilities -Electricity -Pumping 13,684.62 8,400.00 5,284.62 97,534.41 62,610.00 34,924.41 141,610.00 44,075.59 31.1% 6337842 Utilities -Water 5,444.38 5,305.00 139.38 55,122.72 54,330.00 792.72 107,649.00 52,526.28 48.8% Total -CM -WATER & ENERGY 19,129.00 13,705.00 5,424.00 1 152,657.13 116,940.00 35,717.13 1 249,259.00 96,601.87 38.8% SilverRock Resort Outside Services Expense Statement December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 641-CBR-SALARIES & BENEFITS 6411320 Insurance -Group 401.18 736.00 (334.82) 2,592.98 4,416.00 (1,823.02) 8,832.00 6,239.02 70.6% 6411325 Insurance -Workers Comp 1,775.10 1,412.00 363.10 6,021.52 4,587.00 1,434.52 12,597.00 6,575.48 52.2% 6411800 Taxes -Employer Payroll 2,210.11 2,824.00 (613.89) 8,555.56 9,170.00 (614.44) 25,193.00 16,637.44 66.0% 6411880 Wages -Hourly 22,387.15 22,680.00 (292.85) 88,297.31 73,654.00 14,643.31 202,354.00 114,056.69 56.4% 6411882 Wages -Overtime 1,159.27 1,159.27 3,859.36 3,859.36 (3,859.36) 0.0% 27,932.81 27,652.00 280.81 109,326.73 91,827.00 17,499.73 Total-CBR-SALARIES & BENEFITS 248,976.00 139,649.27 56.1 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts 500.00 (500.00) 15.16 1,500.00 (1,484.84) 1,850.00 0.0% 6413742 Supplies -Expendable 893.38 150.00 743.38 1,134.80 3,450.00 (2,315.20) 6,750.00 5,615.20 83.2% 6413748 Supplies -Fuel for Shuttle - 0.0% 6413752 Supplies -Range Balls 11,529.00 11,529.00 11,529.00 10,000.00 1,529.00 10,000.00 (1,529.00) -15.3% 6413762 Supplies -Office 50.00 (50.00) 225.00 (225.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary 420.00 420.00 100.0 6413786 Supplies -Towels 320.00 195.00 125.00 1,840.00 860.00 980.00 2,182.00 342.00 15.7% 6413796 Supplies -Bottled Water 743.86 200.00 543.86 16,538.54 14,800.00 1,738.54 19,900.00 3,361.46 16.9% 13,486.24 1,095.00 12,391.24 31,057.50 30,835.00 222.50 Total-CBR-SUPPLIES & MATERIALS 41,627.00 8,734.66 21.0 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 5,193.63 300.00 4,893.63 7,199.89 1,800.00 5,399.89 3,600.00 (3,599.89) -100.0% 6415695 CBR-R&M-Cart Maintenance & Repair (287.80) 1,503.00 (1,790.80 ) 6,080.00 9,018.00 (2,938.00 ) 18,036.00 11,956.00 66.3 Total-CBR-REPAIRS & MAINTENANCE 4,905.83 1,803.00 3,102.83 13,279.89 10,818.00 2,461.89 21,636.00 8,356.11 38.6% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 1,185.54 800.00 385.54 6,208.85 4,800.00 1,408.85 9,600.00 3,391.15 35.3% 6419220 Freight/Delivery 75.00 (75.00) 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous 600.00 (600.00) 993.48 3,600.00 (2,606.52) 7,200.00 6,206.52 86.2% 6419820 Uniforms 500.00 (500.00) 966.31 3,000.00 (2,033.69 ) 5,200.00 4,233.69 81.4% Total-CBR-OTHER EXPENSES 1,185.54 1,975.00 789.46 8,168.64 11,850.00 3,681.36 22,450.00 14,281.36 63.6% TOTAL-CARTS,BAGROOM & RANGE 47,510.42 32,525.00 (789.46) 161,832.76 145,330.00 16,502.76 334,689.00 171,021.40 51.1 643-CS-SALARIES & BENEFITS 6431320 Insurance -Group 0.0% 6431325 Insurance -Workers Comp 960.03 702.00 258.03 2,601.61 1,886.00 715.61 5,220.00 2,618.39 50.2% 6431800 Taxes -Employer Payroll 791.69 1,099.00 (307.31) 2,811.62 2,954.00 (142.38) 8,176.00 5,364.38 65.6% 6431880 Wages -Hourly 8,901.62 11,270.00 (2,368.38) 32,622.66 30,302.00 2,320.66 83,852.00 51,229.34 61.1% 6431882 Wages -Overtime 0.0% 10,653.34 13,071.00 (2,417.66 ) 38,035.89 35,142.00 2,893.89 Total -CS -SALARIES & BENEFITS 97,248.00 59,212.11 60.9 643-CS-OTHER EXPENSES 6433742 Supplies Expendable 100.00 (100.00) 500.00 (500.00) 1,050.00 1,050.00 100.0% 6439490 Miscellaneous 50.00 (50.00) 150.00 (150.00) 200.00 200.00 100.0% 6439718 Safety Equipment & Training 50.00 (50.00) 300.00 (300.00) 600.00 600.00 100.0% 6439820 Uniforms 250.00 250.00 679.49 1,350.00 670.51 2,125.00 1,445.51 68.0% 450.00 (450.00) 679.49 2,300.00 (1,620.51 ) Total -CS -OTHER EXPENSES 3,975.00 3,295.51 82.9/ Total -COURSE SERVICES 10,653.34 13,521.00 2,867.66 38,715.38 37,442.00 1,273.38 101,223.00 62,507.62 61.8^/ TOTAL OUTSIDE SERVICES 58,163.76 46,046.00 12, 117.76 1 200,548.14 182,772.00 17,776.14 1 435,912.00 230,233.51 52.8% SilverRock Resort Clubhouse Expense Statement December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 400.00 400.00 2,400.00 2,400.00 4,800.00 2,400.00 50.0% Total -CH -SUPPLIES & MATERIALS 400.00 400.00 2,400.00 2,400.00 4,800.00 2,400.00 50.0% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 850.00 (850.00) 2,247.71 5,100.00 (2,852.29) 12,180.00 9,932.29 81.5% 6507840 Utilities -Telephone 1,415.50 1,150.00 265.50 8,496.79 6,900.00 1,596.79 13,800.00 5,303.21 38.4% 6507842 Utilities -Water 565.24 321.00 244.24 3,732.18 1,926.00 1,806.18 3,852.00 119.82 3.1% 6507844 Utilities -Cable 249.99 380.00 (130.01) 1,355.89 2,280.00 (924.11) 4,560.00 3,204.11 70.3% Total -CH -UTILITIES 2,230.73 2,701.00 (470.27) 15,832.57 16,206.00 (373.43) 34,392.00 18,559.43 54.0% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 2,852.28 400.00 2,452.28 5,437.28 2,400.00 3,037.28 4,800.00 (637.28) -13.3% 6509099 Contract Services -Security 5,707.00 5,000.00 707.00 32,351.04 30,000.00 2,351.04 60,000.00 27,648.96 46.1% 6509215 Flowers & Decorations 500.00 (500.00) 1,900.00 1,900.00 100.0% 6509490 Miscellaneous 373.08 373.08 7,000.00 6,626.92 94.7% 6509718 Safety Equipment & Training 100.00 (100.00) 159.00 600.00 (441.00) 1,200.00 1,041.00 86.8%° Total -CH -OTHER EXPENSES 8,559.28 5,500.00 3,059.28 38,320.40 33,500.00 4,820.40 74,900.00 36,579.60 48.8% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 83.50 300.00 (216.50) 1,429.74 1,800.00 (370.26) 3,600.00 2,170.26 60.3% 6515686 CH -R&M -Restaurant Repairs 675.00 700.00 (25.00) 675.00 4,200.00 (3,525.00) 4,800.00 4,125.00 85.9% 6515690 CH -R&M -Equipment Repair 700.00 (700.00) 98.01 4,200.00 (4,101.99) 4,800.00 4,701.99 98.0% Total -CH -REPAIRS & MAINTENANCE 758.50 1,700.00 (941.50) 2,202.75 10,200.00 (7,997.25) 13,200.00 10,997.25 83.3% Total CLUBHOUSE 11,948.51 10,301.00 1,647.51 58,755.72 62,306.00 (3,550.28) 127,292.00 21,994.50 17.3% SilverRock Resort Marketing Expense Statement December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320Insurance-Group 368.00 (368.00) - 368.00 (368.00) 2,576.00 2,576.00 100.0% 6601325 Insurance -Workers Comp 109.40 78.00 31.40 619.97 468.00 151.97 934.00 314.03 33.6% 6601720 Salaries 1,250.00 1,250.00 - 9,777.50 7,500.00 2,277.50 15,000.00 5,222.50 34.8% 6601800 Tax -Employer Payroll 122.00 122.00 1,278.30 732.00 546.30 1,463.00 184.70 12.6% Total -MKT -SALARIES & BENEFITS 1,481.40 1,818.00 (336.60) 11,675.77 9,068.00 2,607.77 19,973.00 8,297.23 41.5% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 1,321.57 100.00 1,221.57 1,933.88 600.00 1,333.88 1,200.00 (733.88) -61.2% 6603768 Supplies -Printing & Stationery 480.72 200.00 280.72 1,530.31 3,600.00 (2,069.69 ) 4,425.00 2,894.69 65.4% 1,802.29 300.00 1,502.29 3,464.19 4,200.00 735.81 5,625.00 2,160.81 38.4% 66-MKT-UTILITIES 6607840 Utilities -Telephone 228.99 100.00 128.99 1,275.64 600.00 675.64 1,200.00 75.64 -6.3% Total -MKT -UTILITIES 228.99 100.00 128.99 1,275.64 600.00 675.64 1,200.00 75.64 -6.3% 66-MKT-OTHER EXPENSES 6609010 Advertising 15,180.64 14,624.00 556.64 47,165.45 67,431.00 (20,265.55) 151,133.00 103,967.55 68.8% 6609040 Business Meals 25.00 (25.00) - 150.00 (150.00) 300.00 300.00 100.0% 6609080 Collateral Material 3,759.86 1,500.00 2,259.86 5,500.00 1,740.14 31.6% 6609102 Contract Services -Web Page 150.00 (150.00) 98.99 900.00 (801.01) 1,800.00 1,701.01 94.5% 6609490 Miscellaneous 50.00 (50.00) 100.00 (100.00) 350.00 350.00 100.0% 6609620 Postage 50.00 (50.00) - 300.00 (300.00) 600.00 600.00 100.0% 6609630 Promotion 50.00 (50.00) 320.13 150.00 170.13 700.00 379.87 54.3% 6609633 Promotion-Cummunity 847.16 750.00 97.16 847.16 1,800.00 (952.84) 2,250.00 1,402.84 62.3% 6609634 Promotion-Media[Vendor - - 1,000.00 1,000.00 100.0% 6609150 Dues & Subscriptions - - - - 735.00 735.00 100.0% 6609820 Uniforms 50.00 50.00 108.58 400.00 (291.42) 600.00 491.42 81.9% Total -MKT -OTHER EXPENSES 16,027.80 19,540.48 15,749.00 17,967.00 278.80 1,573.48 52,300.17 68,715.77 72,731.00 86,599.00 20( 430.83) (17,883.23) 164,968.00 191,766.00 112,667.83 123,050.23 68.3% 64.2% TOTAL MARKETING SilverRock Resort General and Administrative Expense Statement December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budge Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 2,451.80 2,688.00 (236.20) 15,587.70 16,128.00 (540.30) 32,256.00 16,668.30 51.7% 6701325 Insurance -Workers Comp 1,827.05 1,295.00 532.05 9,957.50 7,481.00 2,476.50 15,252.00 5,294.50 34.7% 6701720 Salaries 14,883.90 17,400.00 (2,516.10) 92,310.72 101,932.00 (9,621.28) 204,516.00 112,205.28 54.9% 6701800 Taxes -Employer Payroll 1,420.51 2,028.00 (607.49) 8,688.75 11,718.00 (3,029.25) 23,899.00 15,210.25 63.6% 6701880 Wages -Hourly 3,653.25 3,403.00 250.25 24,653.22 18,262.00 6,391.22 40,492.00 15,838.78 39.1% 6701882 Wages -Overtime Total-G&A-SALARIES & BENEFITS 24,236.51 26,814.00 2,577.49 151,197.89 155,521.00 4,323.11 316,415.00 165,217.11 52.2% 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 708.13 500.00 208.13 1,531.76 3,000.00 (1,468.24) 6,300.00 4,768.24 75.7% 6703762 Supplies -Office 59.90 105.00 (45.10) 155.04 630.00 (474.96) 1,260.00 1,104.96 87.7% 6703768 Supplies -Printing & Stationery 400.00 (400.00) 562.94 900.00 (337.06) 3,300.00 2,737.06 82_9"% Total-G&A-SUPPLIES & MATERIALS 768.03 1,005.00 236.97 2,249.74 4,530.00 (2,280.26) 10,860.00 8,610.26 79.3% 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment 100.00 (100.00) 1,300.00 (1,300.00) 1,900.00 1,900.00 100.0% Total-G&A-REPAIRS & MAINTENANCE 100.00 100.00 1,300.00 1,300.00 1,900.00 1,900.00 100.0% 67-G&A-OTHER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 3,000.00 3,000.00 6,000.00 3,000.00 50.0% 6709090 Contract Services 0.0% 6709150 Dues & Subscriptions 1,352.97 50.00 1,302.97 1,547.96 400.00 1,147.96 1,150.00 (397.96) .34.6% 6709180 Employee Recruiting/Relocation 200.00 (200.00) 2,991.96 650.00 2,341.96 1,200.00 (1,791.96) -149.3% 6709197 Equipment Rental 682.65 550.00 132.65 3,852.68 3,300.00 552.68 6,600.00 2,747.32 41.6% 6709202 Fees -Bank 118.23 90.00 28.23 741.12 540.00 201.12 1,080.00 338.88 31.4% 6709208 Fees -Payroll Processing 1,178.03 1,000.00 178.03 6,873.72 6,000.00 873.72 12,000.00 5,126.28 42.7% 6709220 Freight/Delivery 50.00 (50.00) 35.48 300.00 (264.52) 600.00 564.52 94.1% 6709490 Miscellaneous 8,327.57 4,000.00 4,327.57 9,444.43 5,400.00 4,044.43 6,000.00 (3,444.43) .57.4% 6709620 Postage/Mail Services 7.38 75.00 (67.62) 909.19 450.00 459.19 900.00 (9.19) .1.0% 6709625 Professional Fees 1,395.79 1,100.00 295.79 12,560.17 6,600.00 5,960.17 13,200.00 639.83 4.8% 6709636 Promotion/Entertainment 100.00 (100.00) 600.00 (600.00) 1,200.00 1,200.00 100.0% 6709722 Seminars & Training 200.00 (200.00) 651.34 1,200.00 (548.66) 2,400.00 1,748.66 72.9% 6709810 Travel 70.56 100.00 (29.44) 1,100.00 1,029.44 93.6% 6709820 Uniforms 283.90 75.00 208.90 809.94 600.00 209.94 1,050.00 240.06 22.9% Total-G&A-OTHER EXPENSES 13,846.52 7,990.00 5,856.52 43,488.55 29,140.00 14,348.55 54,480.00 10,991.45 20.2% Total -GENERAL & ADMINISTRATIVE 38,851.06 35,909.00 2,942.06 196,936.18 190,491.00 6,445.18 383,655.00 186,718.82 48.7% Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement December 2021 Month to Date Year to Date Annual Budget December 2021 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 68-LEASES 6800192 Equipment Leases -Carts 10,811.56 12,000.00 (1,188.44) 62,269.36 72,000.00 (9,730.64) 144,000.00 81,730.64 56.8% 6800193 Equipment Leases -Maintenance 8,769.70 12,400.00 (3,630.30) 71,865.88 74,400.00 (2,534.12) 148,800.00 76,934.12 51.7% 6800196 Equipment Leases-GPS 2,640.00 2,900.00 (260.00) 16,071.00 17,400.00 (1,329.00) 34,800.00 18,729.00 53.8% 6800197 Equipment Leases -Others 1,847.62 1,950.00 (102.38) 17,729.20 8,500.00 9,229.20 20,200.00 2,470.80 0.0% 24,068.88 29,250.00 (5,181.12) 167,935.44 172,300.00 (4,364.56) Total -LEASES 347,800.00 179,864.56 51.7% 69-MISC OTHER EXPENSES 6900096 Contract Srvcs-Management Fee 9,880.00 9,880.00 58,786.00 59,280.00 (494.00) 118,560.00 59,774.00 50.4% 6900800 Personal Property Taxes 11,066.40 11,800.00 (733.60) 11,800.00 733.60 6.2% 6900323 Insurance -Commercial 10,312.52 5,400.00 4,912.52 37,405.10 32,400.00 5,005.10 64,800.00 27,394.90 42.3% 6900210 FF&E Reserve 8,983.14 4,930.00 4,053.14 28,560.18 18,542.00 10,018.18 62,157.00 33,596.82 54.1% 29,175.66 20,210.00 8,965.66 135,817.68 122,022.00 13,795.68 Total-MISC OTHER EXPENSES 257,317.00 121,499.32 47.2% SilverRock Resort -Arnold Palmer Classic Course Comp Golf Report-2021-2022 Comp Category Media Sales Promotion Golf Industry VIP Celebrity PGA Comp Charity/Gift Certificate Rain/Wind Checks Club Staff LQ HS Golf Comp Category Media Sales Promotion Golf Industry VIP Celebrity PGA Comp Charity/Gift Certificate Rain/Wind Checks Club Staff LQ HS Golf 5 4 17 25 1 16 37 48 49 4 14 41 70 74 5 30 0 0 0 0 0 5 4 8 37 54 L