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09 March 2022 SilverRock Resort - Monthly Financial StatementLVERROCK 0 R E S O R T Monthly Financial Statements July 1, 2021 - March 31, 2022 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 March 2022 Month to Date Year to Date Annual Budget Percentages GIL # Series Account Description March 2022 Final Budget Variance Unfavorable (-) Favorable + Final Budget Variance Annual Budget Unemcumb. % Bdgt Income 400000 Golf Green Fee Revenue 718,084.00 543,530.00 174,554.00 32.1% 3,220,249.80 2,359,752.00 860,497.80 3,107,870.00 (112,379.80) 104% 401000 Miscellaneous Golf Revenue 39,447.50 40,525.00 (1,077.50) -2.7% 262,007.00 224,825.00 37,182.00 301,080.00 39,073.00 87% 410000 Revenue -Golf Shop 42,637.73 31,075.00 11,562.73 37.2% 198,333.75 139,477.00 58,856.75 198,743.00 409.25 100% 420000 Food & Beverage Revenue 105,812.99 121,475.00 15( 662.01) -12.9% 511,880.32 361,713.00 150,167.32 534,903.00 23,022.68 96% 905,982.23 736,605.00 169,377.23 4,192,470.95 3,085,767.00 1,106,703.95 4,142,596.00 (49,874.87) Total Income 23.0% 101% Cost of Goods Sold 510000 COS -Golf Shop 26,021.34 17,393.00 8,628.34 -49.6% 121,414.41 78,066.00 (43,348.41) 111,236.00 (10,178.41) 109% 186,194.00 24,343.18 520000 COS -Food & Beverage 32,655.12 39,165.00 (6,509.88 ) 16.6% 161,850.82 129,450.00 (32,400.82) 87% 297,430.00 (10,178.41) Total COS 58,676.46 56,558.00 2,118.46 -3.7% 283,265.23 207,516.00 (75,749.23) 95% Gross Profit 847,305.77 680,047.00 167,258.77 24.6%o 3,909,205.72 2,878,251.00 1,030,954.72 3,845,166.00 (39,696.46) 102% Expenses 610000 Golf Pro Shop 19,383.80 20,884.00 (1,500.20) 7.2% 162,865.13 152,124.00 10,741.13 215,716.00 52,850.87 75% 630000 Course Maintenance 144,585.25 139,199.00 5,386.25 -3.9% 1,365,035.20 1,317,420.00 47,615.20 1,744,514.00 379,478.80 78% 633000 Maintenance Water & Energy 22,051.71 18,950.00 3,101.71 -16.4% 205,757.96 176,010.00 29,747.96 249,219.00 43,461.04 83% 640000 Outside Services 52,511.71 48,276.00 4,235.71 -8.8% 360,168.05 328,400.00 31,768.05 435,911.00 75,742.95 83% 650000 Clubhouse 17,095.72 11,131.00 5,964.72 -53.6% 100,811.99 95,199.00 5,612.99 127,492.00 26,680.01 79% 660000 Marketing 14,753.15 17,992.00 (3,238.85) 18.0% 125,996.53 147,904.00 (21,907.47) 191,765.00 65,768.47 66% 670000 General & Administrative 32,551.93 32,009.00 542.93 -1.7% 295,698.12 286,768.00 8,930.12 383,648.00 87,949.88 77% 680000 Leases 32,544.73 29,250.00 3,294.73 -11.3% 250,801.03 260,050.00 (9,248.97) 347,800.00 96,998.97 72% 690000 Miscellaneous Other Expense 27,010.18 26,151.00 859.18 -3.3% 219,658.81 196,515.00 23,143.81 269,117.00 49,458.19 620000 Food & Beverage Expenses 70,486.25 39,450.00 31,036.25 -78.7% 359,523.48 245,193.00 114,330.48 348,708.00 (10,815.48) 82% 432,974.43 383,292.00 49,682.43 -13.0% 3,446,316.30 3,205,583.00 (240,733.30) 4,313,890.00 878,389.18 80%0 Total Expenses Net Income 414,331.34 296,755.00 117,576.34 34.6% 462,889.42 (327,332.00) 790,221.42 (468,724.00) (918,085.64) .99% 400000 Rounds of Golf Played Paid Rounds Played 6,208 5,650 558 9.9% 33,425 28,800 4,625 40,296 6,871 83% Ave $ Per Paid Round Green Fee 115.67 96.20 19.47 20.2% 96.34 81.94 14.41 77.13 (19.22) 125% Ave $ Per Paid Round Merchandise 6.87 5.50 1.37 24.9% 5.93 4.84 1.09 4.93 (1.00) 120% Ave $ Per Paid Miscellaneous 1 3.95 4.41 (0.46) -10.4% 3.74 3.69 0.04 7.47 3.73 50% SilverRock Resort Statement of Fees - Revenue March 2022 Month to Date Year to Date Annual Budget March 2022 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 718,084.00 543,530.00 174,554.00 3,220,249.80 2,359,752.00 860,497.80 3,107,870.00 (112,379.80) -3.6% 4010000 Rider Fee 3,157.50 1,500.00 1,657.50 22,277.50 4,300.00 17,977.50 5,580.00 (16,697.50) -299.2% 4040000 Club Rental 4,950.00 3,000.00 1,950.00 21,380.00 15,100.00 6,280.00 21,500.00 120.00 0.6% 4050000 Driving Range 15,415.00 18,500.00 (3,085.00) 70,275.00 77,000.00 (6,725.00) 96,200.00 25,925.00 26.9% 4060000 Handicap Fees - 400.00 (400.00) 3,482.00 2,500.00 982.00 2,500.00 (982.00) -39.3% 4090000 Ball Retriever/Subcontract - - - 1,537.50 1,500.00 37.50 2,500.00 962.50 38.5% 4091000 Golf Professional Rental Fee 1,000.00 1,500.00 (500.00) 6,000.00 6,000.00 - 7,500.00 1,500.00 20.0% 4092000 Golf Lessons - - - - - - - - 0.0% 4093000 Resident Card Issue 14,925.00 15,625.00 (700.00) 137,055.00 118,425.00 18,630.00 165,300.00 28,245.00 17.1% Total Revenue Fees 757,531.50 584,055.00 173,476.50 3,482,256.80 2,584,577.00 897,679.80 3,408,950.00 (73,306.80) -2.2% Total Income 757,531.50 584,055.00 173,476.50 3,482,256.80 2,584,577.00 897,679.80 1 3,408,950.00 1 (73,306.80) .2.2% SilverRock Resort Golf Shop Income Statement March 2022 Month to Date Year to Date Annual Budget Income March 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous 908.00 908.00 5,459.60 5,459.60 0 0 0% 4100110 Sales Hard Goods 14,427.58 7,769.00 6,658.58 78,015.29 34,870.00 43,145.29 49,686.00 (28,329.29) -57.0% 4100112 Sales -Soft Goods 31,962.52 23,306.00 8,656.52 139,696.25 104,607.00 35,089.25 149,057.00 9,360.75 6.3% 5100639 GS-Discounts-Mdse (4,660.37 ) 4( 660.37) (24,837.39) (24,837.39) 24,837.39 0.0% 42,637.73 31,075.00 11,562.73 198,333.75 139,477.00 58,856.75 Total Revenue Golf Shop 198,743.00 5,868.85 3.0% COS 5100150 COS-GS-Hard Goods 8,277.17 4,506.00 3,771.17 44,967.05 20,224.00 24,743.05 28,817.88 (16,149.17) -56.0% 5100151 COS-GS-Soft Goods 17,123.36 13,518.00 3,605.36 74,953.14 60,673.00 14,280.14 86,453.06 11,499.92 13.3% 5100152 COS-GS-Purchase Disc (160.02) (901.00) 740.98 (2,331.93) (4,044.00) 1,712.07 (5,764.00) (3,432.07) 59.5% 5100220 COS-GS-Freight March 780.83 270.00 510.83 3,826.15 1,213.00 2,613.15 1,729.00 (2,097.15) -121.3% Cost of Sales - Golf Shop 26,021.34 17,393.00 8,628.34 121,414.41 78,066.00 43,348.41 111,235.94 (10,178.47) .9.2% Gross Profit 16,616.39 13,682.00 2,934.39 76,919.34 61,411.00 15,508.34 87,507.06 16,047.32 18.3% 61.0% 56.0% -5.1% 61.2% 56.0% -5.2% COS% 53.1% -173.4% -326.7% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 405.92 736.00 (330.08) 4,823.84 6,624.00 (1,800.16) 8,832.00 4,008.16 45.4% 6101325 Insurance -Workers Comp 1,283.80 1,022.00 261.80 9,498.51 7,164.00 2,334.51 10,091.00 592.49 5.9% 6101720 Salaries 5,323.16 5,350.00 (26.84) 49,872.52 48,150.00 1,722.52 65,000.00 15,127.48 23.3% 6101800 Taxes -Employer Payroll 1,717.36 1,601.00 116.36 12,937.76 11,222.00 1,715.76 15,806.00 2,868.24 18.1% 6101880 Wages -Hourly 9,742.90 11,065.00 (1,322.10) 77,467.89 66,934.00 10,533.89 97,112.00 19,644.11 20.2% 6101882 Wages -Overtime 513.97 513.97 2,091.98 2,091.98 (2,091.98) 0.0% 18,987.11 19,774.00 (786.89) 156,692.50 140,094.00 16,598.50 Total -PS-SALARIES & BENEFITS 196,841.00 40,148.50 20.4% 61-PS OTHER EXPENSES 6103742 Supplies -Expendable 0.0% 6103762 Supplies -Office 289.63 250.00 39.63 1,961.92 2,250.00 (288.08) 3,000.00 1,038.08 34.6% 6109220 Freight & Delivery 28.55 28.55 410.73 75.00 335.73 75.00 (335.73) -447.6% 6109490 Miscellaneous 500.00 (500.00) 575.68 4,500.00 (3,924.32) 6,000.00 5,424.32 90.4% 6109150 Dues and Subscriptions 2,300.00 2,300.00 100.0% 6109500 ProShop-OverlShort (25.75) (25.75) 28.37 - 28.37 (28.37) 0.0% 6109722 Seminars/Training 35.00 (35.00) 2,370.00 (2,370.00) 3,690.00 3,690.00 100.0% 6109810 Travel - Merchandise 15.00 (15.00) 45.00 (45.00) 90.00 90.00 100.0% 6109820 Uniforms 200.00 (200.00) 2,336.11 1,800.00 536.11 2,400.00 63.89 2.7% 6117840 Telephones 104.26 110.00 (5.74) 859.82 990.00 (130.18) 1,320.00 460.18 34.9% 396.69 1,110.00 (713.31) 6,172.63 12,030.00 (5,857.37) Total- Other Expenses 18,875.00 12,702.37 67.3% Total Expenses -Golf Shop 19,383.80 20,884.00 1,500.20 162,865.13 152,124.00 10,741.13 215,716.00 52,850.87 24.5% Net Income (2,767.41) (7,202.00 4,434.59 (85,945.79) (90,713.00) 4,767.21 (128,208.94) (36,803.55) 28.7% SilverRock Resort Course Maintenance Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 Annual Final Budget 9 Variance Final Budget 9 Variance Budget 9 Unemcumb. o /Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 5,676.88 8,944.00 (3,267.12) 50,816.63 72,400.00 (21,583.37) 99,232.00 48,415.37 48.8% 6311325 Insurance -Workers Comp 3,105.64 2,877.00 228.64 25,129.06 20,585.00 4,544.06 28,865.00 3,735.94 12.9% 6311720 Salaries 14,537.38 13,500.00 1,037.38 122,902.04 121,500.00 1,402.04 169,250.00 46,347.96 27.4% 6311800 Taxes -Employer Payroll 5,475.94 7,561.00 (2,085.06) 42,819.96 54,121.00 (11,301.04) 75,649.00 32,829.04 43.4% 6311880 Wages -Hourly 55,293.42 61,545.00 (6,251.58) 440,245.11 415,089.00 25,156.11 588,141.00 147,895.89 25.1% 6311882 Wages -Overtime 1,162.51 2,500.00 (1,337.49) 20,302.65 18,500.00 1,802.65 18,500.00 (1,802.65) -9.7% 85,251.77 96,927.00 (11,675.23) 702,215.45 702,195.00 20.45 Total -CM -SALARIES & BENEFITS 979,637.00 277,421.55 28.3% 63-CM-SUPPLIES & MATERIALS 6313734 Chemicals 1,270.75 1,806.00 (535.25) 31,405.04 38,252.00 (6,846.96) 50,060.00 18,654.96 37.3% 6313744 Fertilizer 14,088.89 3,370.00 10,718.89 53,264.08 71,190.00 (17,925.92) 93,670.00 40,405.92 43.1% 6313745 Herbicides 1,683.19 1,683.19 (1,683.19) 0.0% 6313746 Flowers/Plants 853.04 100.00 753.04 5,170.97 2,950.00 2,220.97 3,050.00 (2,120.97) -69.5% 6313748 Fuel -Gasoline 7,195.59 3,880.00 3,315.59 44,757.68 35,580.00 9,177.68 46,860.00 2,102.32 4.5% 6313750 Golf Course Accessories 76.38 76.38 12,384.20 12,460.00 (75.80) 13,140.00 755.80 5.8% 6313756 POA Control 4,678.84 9,900.00 (5,221.16) 9,900.00 5,221.16 52.7% 6313758 Miscellaneous Supp 1,687.04 100.00 1,587.04 6,914.71 4,050.00 2,864.71 4,350.00 (2,564.71) -59.0% 6313762 Supplies -Office 592.14 592.14 1,257.81 1,257.81 (1,257.81) 0.0% 6313774 Sand 4,820.87 100.00 4,720.87 6,260.29 13,160.00 (6,899.71) 13,460.00 7,199.71 53.5% 6313776 Seed 188,174.15 116,900.00 71,274.15 116,900.00 (71,274.15) -61.0% 6313778 Small Tools & Non -Capital Equip 100.00 (100.00) 1,881.76 4,700.00 (2,818.24) 5,000.00 3,118.24 62.4% 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 30,584.70 9,456.00 21,128.70 364,027.52 326,942.00 37,085.52 381,890.00 17,862.48 4.7% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Maint 976.66 976.66 18,605.00 19,250.00 (645.00) 30,800.00 12,195.00 39.6% 6315685 CM-R&M-Bldngs & Othr Structures 83.50 250.00 (166.50) 5,522.75 4,800.00 722.75 5,550.00 27.25 0.5% 6315690 CM -R&M -Equipment 1,561.92 2,000.00 (438.08) 31,999.49 31,500.00 499.49 38,500.00 6,500.51 16.9% 6315692 CM -R&M -Irrigation System 5,200.92 1,000.00 4,200.92 30,132.97 16,050.00 14,082.97 19,050.00 (11,082.97) -58.2% 6315696 CM -R&M -Pumps 1,000.00 (1,000.00) 17,179.55 9,000.00 8,179.55 10,500.00 (6,679.55) -63.6% 6315815 CM -R&M -Trees -Pruning Etc 4,000.00 (4,000.00) 9,680.00 10,050.00 370.00 14,050.00 4,370.00 31.1% Total -CM -REPAIRS & MAINTENANCE 7,823.00 8,250.00 (427.00) 113,119.76 90,650.00 22,469.76 118,450.00 5,330.24 4.5% 6317836 Utilities -Natural GasILPG 15.00 (15.00) 204.39 135.00 69.39 180.00 (24.39) 0.0% 6317840 Telephones 993.31 850.00 143.31 10,726.06 7,650.00 3,076.06 10,200.00 (526.06) -5.2% Total -CM -UTILITIES 993.31 865.00 128.31 10,930.45 7,785.00 3,145.45 10,380.00 (550.45) -5.3% 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 2,800.00 3,600.00 (800.00) 4,800.00 2,000.00 41.7% 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 95.00 524.00 (429.00) 1,528.42 4,716.00 (3,187.58) 6,288.00 4,759.58 75.7% 6319150 Dues & Subscriptions 210.00 210.00 915.00 200.00 715.00 680.00 (235.00) -34.6% 6319170 Employee Education 2,400.00 (2,400.00) 3,290.00 3,750.00 (460.00) 3,900.00 610.00 15.6% 6319197 Equipment Rental 200.00 (200.00) 609.44 2,900.00 (2,290.56) 3,400.00 2,790.56 82.1% 6319206 Licenses & Permits 1,000.00 (1,000.00) 1,342.52 1,400.00 (57.48) 4,300.00 2,957.48 68.8% 6319490 Miscellaneous 21.73 100.00 (78.27) 3,744.42 900.00 2,844.42 1,200.00 (2,544.42) -212.0% 6319718 Safety Equipment & Training 200.00 (200.00) 511.91 3,550.00 (3,038.09) 3,850.00 3,338.09 86.7% 6319822 Uniforms 2,142.90 920.00 1,222.90 8,976.00 8,280.00 696.00 11,040.00 2,064.00 18.7% Total -CM -OTHER EXPENSES 2,869.63 5,744.00 (2,874.37) 29,960.69 30,296.00 (335.31) 41,458.00 11,497.31 0.28 SilverRock Resort Course Maintenance Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Bud et 632-CM-LANDSCAPE MAINTENANCE 632-CM-LM-SALARIES & BENEFITS 6321320 Insurance -Group 2,200.98 2,208.00 (7.02) 15,051.44 15,824.00 (772.56) 22,488.00 7,436.56 33.1% 6321325 Insurance -Workers Comp 280.66 500.00 (219.34) 5,085.23 4,487.00 598.23 5,955.00 869.77 14.6% 6321800 Taxes -Employer Payroll 908.19 1,300.00 (391.81) 8,895.23 11,777.00 (2,881.77) 15,595.00 6,699.77 43.0% 6321880 Wages -Hourly 12,704.00 13,334.00 (630.00) 108,412.00 117,386.00 (8,974.00) 156,528.00 48,116.00 30.7% 6321882 Wages -Overtime 969.01 969.01 7,337.43 3,418.00 3,919.43 3,418.00 (3,919.43) -114.7% 17,062.84 17,342.00 (279.16) 144,781.33 152,892.00 81 110.67) Total-CM-LM-SALARIES & BENEFITS 203,984.00 59,202.67 29.0% 632-CM-LM-SUPPLIES & MATERIALS 6323778 Small Tools 75.00 (75.00) 800.00 (800.00) 1,025.00 1,025.00 100.0% 6323788 Uniforms 290.00 (290.00) 2,610.00 21 610.00) 3,480.00 3,480.00 100.0% 365.00 (365.00) 3,410.00 31 410.00) Total-CM-LM-SUPPLIES & MATERIALS 4,505.00 4,505.00 100.0% 632-CM-LM-REPAIRS & MAINTENANCE 6325687 CM-LM-R&M-Drip Irrigation 250.00 (250.00) 3,250.00 31 250.00) 4,250.00 4,250.00 100.0% 250.00 (250.00) 3,250.00 31 250.00) Total-CM-LM-REPAIRS & MAINTENANCE 4,250.00 1 4,250.00 100.0% Total -COURSE MAINTENANCE 144,585.25 139,199.00 5,386.25 1,365,035.20 1,317,420.00 47,615.20 1,744,554.00 379,518.80 21.8% Silverrock Resort Course Maintenance Water & Energy March 2022 Month to Date Year to Date Annual Budget March 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Bud et 633-CM-WATER & ENERGY 6337834 Utilities -Electricity -Pumping 16,515.72 11,800.00 4,715.72 136,752.94 101,210.00 35,542.94 141,610.00 4,857.06 3.4% 6337842 Utilities -Water 5,535.99 7,150.00 (1,614.01) 69,005.02 74,800.00 51 794.98) 107,649.00 38,643.98 35.9% 22,051.71 18,950.00 3,101.71 1 205,757.96 176,010.00 29,747.96 Total -CM -WATER & ENERGY 1 249,259.00 43,501.04 17.5% SilverRock Resort Outside Services Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 641-CBR-SALARIES & BENEFITS 6411320 Insurance -Group 401.18 736.00 (334.82) 3,796.52 6,624.00 (2,827.48) 8,832.00 5,035.48 57.0% 6411325 Insurance -Workers Comp 1,979.49 1,513.00 466.49 11,158.71 9,126.00 2,032.71 12,597.00 1,438.29 11.4% 6411800 Taxes -Employer Payroll 3,727.72 3,025.00 702.72 19,672.35 18,245.00 1,427.35 25,193.00 5,520.65 21.9% 6411880 Wages -Hourly 24,599.37 24,300.00 299.37 159,035.83 146,554.00 12,481.83 202,354.00 43,318.17 21.4% 6411882 Wages -Overtime 2,666.51 2,666.51 11,461.37 11,461.37 (11,461.37) 0.0% Total-CBR-SALARIES & BENEFITS 33,374.27 29,574.00 3,800.27 205,124.78 180,549.00 24,575.78 248,976.00 43,851.22 17.6 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts 50.00 (50.00) 15.16 1,700.00 (1,684.84) 1,850.00 0.0% 6413742 Supplies -Expendable 150.00 (150.00) 8,904.34 5,600.00 3,304.34 6,750.00 (2,154.34) -31.9% 6413748 Supplies -Fuel for Shuffle 0.0 6413752 Supplies -Range Balls 11,529.00 10,000.00 1,529.00 10,000.00 (1,529.00) -15.3% 6413762 Supplies -Office 50.00 (50.00) 375.00 (375.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary 70.00 (70.00) 210.00 (210.00) 420.00 420.00 100.0 6413786 Supplies -Towels 560.00 250.00 310.00 2,800.00 1,610.00 1,190.00 2,182.00 (618.00) .28.30/ 6413796 Supplies -Bottled Water 699.92 200.00 499.92 22,423.41 15,400.00 7,023.41 19,900.00 (2,523.41) .12.7% Total-CBR-SUPPLIES & MATERIALS 1,259.92 770.00 489.92 45,671.91 34,895.00 10,776.91 41,627.00 (5,879.75) -14.1°/ 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 300.00 (300.00) 7,917.31 2,700.00 5,217.31 3,600.00 (4,317.31) .119.9/ 6415695 CBR-R&M-Cart Maintenance & Repair 1,503.00 1,503.00 11,409.07 13,527.00 2,117.93 18,036.00 6,626.93 36.7% Total-CBR-REPAIRS & MAINTENANCE 1,503.00 1,803.00 (300.00) 19,326.38 16,227.00 3,099.38 21,636.00 2,309.62 10.7 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 2,718.76 800.00 1,918.76 11,096.54 7,200.00 3,896.54 9,600.00 (1,496.54) -15.6% 6419220 FreightlDelivery 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous 83.35 600.00 (516.65) 1,525.59 5,400.00 (3,874.41) 7,200.00 5,674.41 78.8% 6419820 Uniforms 146.16 500.00 353.84 2,333.70 3,500.00 1,166.30 5,200.00 2,866.30 55.1% Total-CBR-OTHER EXPENSES 2,948.27 1,900.00 1,048.27 14,955.83 16,550.00 (1,594.17 ) 22,450.00 7,494.17 33.4% TOTAL-CARTS,BAGROOM & RANGE 39,085.46 34,047.00 1,048.27 285,078.90 248,221.00 36,857.90 334,689.00 47,775.26 14.3% 643-CS-SALARIES & BENEFITS 6431320 Insurance -Group 0.0% 6431325 Insurance -Workers Comp 855.20 752.00 103.20 4,933.02 4,142.00 791.02 5,220.00 286.98 5.5% 6431800 Taxes -Employer Payroll 1,544.27 1,177.00 367.27 7,096.73 6,485.00 611.73 8,176.00 1,079.27 13.2% 6431880 Wages -Hourly 10,377.30 12,075.00 (1,697.70) 61,581.78 66,527.00 (4,945.22) 83,852.00 22,270.22 26.6% 6431882 Wages -Overtime 0.0% Total -CS -SALARIES & BENEFITS 12,776.77 14,004.00 1,227.23 73,611.53 77,154.00 3,542.47 97,248.00 23,636.47 24.3 643-CS-OTHER EXPENSES 6433742 Supplies Expendable 157.58 100.00 57.58 157.58 800.00 (642.42) 1,050.00 892.42 85.0% 6439490 Miscellaneous 148.65 200.00 (51.35) 200.00 51.35 25.7% 6439718 Safety Equipment & Training 50.00 (50.00) 450.00 (450.00) 600.00 600.00 100.0 6439820 Uniforms 491.90 75.00 416.90 1,171.39 1,575.00 (403.61) 2,125.00 953.61 44.9% Total -CS -OTHER EXPENSES 649.48 225.00 424.48 1,477.62 3,025.00 1,547.38 3,975.00 2,497.38 62.80/ Total -COURSE SERVICES 13,426.25 14,229.00 (802.75) 75,089.15 80,179.00 (5,089.85 ) 101,223.00 26,133.85 25.8/ TOTAL OUTSIDE SERVICES 52,511.71 48,276.00 4,235.71 360,168.05 328,400.00 31,768.05 435,912.00 71,411.73 16.4% SilverRock Resort Clubhouse Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 400.00 400.00 3,600.00 3,600.00 4,800.00 1,200.00 25.0% Total -CH -SUPPLIES & MATERIALS 400.00 400.00 3,600.00 3,600.00 4,800.00 1,200.00 25.0% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 2,355.94 1,180.00 1,175.94 6,357.10 8,640.00 (2,282.90) 12,180.00 5,822.90 47.8% 6507840 Utilities -Telephone 1,448.43 1,150.00 298.43 14,219.23 10,350.00 3,869.23 13,800.00 (419.23) -3.0% 6507842 Utilities -Water 537.16 321.00 216.16 5,337.81 2,889.00 2,448.81 3,852.00 (1,485.81) -38.6% 6507844 Utilities -Cable 575.97 380.00 195.97 2,333.83 3,420.00 1,086.17 4,560.00 2,226.17 48.8% Total -CH -UTILITIES 4,917.50 3,031.00 1,886.50 28,247.97 25,299.00 2,948.97 34,392.00 6,144.03 17.9% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 3,010.72 400.00 2,610.72 14,319.44 3,600.00 10,719.44 4,800.00 (9,519.44) -198.3% 6509099 Contract Services -Security 5,909.00 5,000.00 909.00 48,702.04 45,000.00 3,702.04 60,000.00 11,297.96 18.8% 6509215 Flowers & Decorations - 500.00 (500.00) - 1,500.00 (1,500.00) 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 100.00 100.00 159.00 900.00 741.00) 1,200.00 1,041.00 86.8% Total -CH -OTHER EXPENSES 8,919.72 6,000.00 2,919.72 63,553.56 51,000.00 12,553.56 74,900.00 11,346.44 15.1% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 83.50 300.00 (216.50) 1,862.45 2,700.00 (837.55) 3,600.00 1,737.55 48.3% 6515686 CH -R&M -Restaurant Repairs 2,775.00 700.00 2,075.00 3,450.00 6,300.00 (2,850.00) 4,800.00 1,350.00 28.1% 6515690 CH -R&M -Equipment Repair 700.00 (700.00) 98.01 6,300.00 (6,201.99) 4,800.00 4,701.99 98.0% 2,858.50 1,700.00 1,158.50 5,410.46 15,300.00 (9,889.54) Total -CH -REPAIRS & MAINTENANCE 13,200.00 7,789.54 59.0% Total CLUBHOUSE 17,095.72 11,131.00 5,964.72 100,811.99 95,199.00 5,612.99 127,292.00 15,579.08 12.2% SilverRock Resort Marketing Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320Insurance-Group 368.00 368.00 - 1,473.00 1,472.00 1.00 2,576.00 1,103.00 42.8% 6601325 Insurance -Workers Comp 80.05 78.00 2.05 881.42 702.00 179.42 934.00 52.58 5.6% 6601720 Salaries 1,250.00 1,250.00 - 13,527.50 11,250.00 2,277.50 15,000.00 1,472.50 9.8% 6601800 Tax -Employer Payroll 122.00 122.00 1,644.30 1,098.00 546.30 1,463.00 (181.30) -12.4% Total -MKT -SALARIES & BENEFITS 1,820.05 1,818.00 2.05 17,526.22 14,522.00 3,004.22 19,973.00 2,446.78 12.3% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 27.40 100.00 (72.60) 1,995.51 900.00 1,095.51 1,200.00 (795.51) -66.3% 6603768 Supplies -Printing & Stationery 588.55 125.00 463.55 3,192.94 4,050.00 857.06 4,425.00 1,232.06 27.8% 615.95 225.00 390.95 5,188.45 4,950.00 238.45 5,625.00 436.55 7.8% 66-MKT-UTILITIES 6607840 Utilities -Telephone 228.89 100.00 128.89 2,082.31 900.00 1,182.31 1,200.00 882.31) -73.5% Total -MKT -UTILITIES 228.89 100.00 128.89 2,082.31 900.00 1,182.31 1,200.00 882.31 -73.5% 66-MKT-OTHER EXPENSES 6609010 Advertising 9,876.59 14,599.00 (4,722.41) 92,776.02 117,397.00 (24,620.98) 151,133.00 58,356.98 38.6% 6609040 Business Meals 25.00 (25.00) - 225.00 (225.00) 300.00 300.00 100.0% 6609080 Collateral Material 1,851.60 500.00 1,351.60 6,471.11 3,000.00 3,471.11 5,500.00 (971.11) -17.7% 6609102 Contract Services -Web Page 150.00 (150.00) 98.99 1,350.00 (1,251.01) 1,800.00 1,701.01 94.5% 6609490 Miscellaneous 50.00 (50.00) - 250.00 (250.00) 350.00 350.00 100.0% 6609620 Postage 47.36 50.00 (2.64) 47.36 450.00 (402.64) 600.00 552.64 92.1% 6609630 Promotion 50.00 (50.00) 320.13 550.00 (229.87) 700.00 379.87 54.3% 6609633 Promotion-Cummunity 75.00 (75.00) 1,064.65 2,025.00 (960.35) 2,250.00 1,185.35 52.7% 6609634 Promotion-MediaNendor - 1,000.00 (1,000.00) 1,000.00 1,000.00 100.0% 6609150 Dues & Subscriptions 300.00 (300.00) - 735.00 (735.00) 735.00 735.00 100.0% 6609820 Uniforms 312.71 50.00 262.71 421.29 550.00 (128.71) 600.00 178.71 29.8% Total -MKT -OTHER EXPENSES 12,088.26 14,753.15 15,849.00 17,992.00 3,760.74 3238.85 101,199.55 125,996.53 127,532.00 147,904.00 26,332.45 (21,907.471 164,968.00 191,766.00 63,768.45 65,769.47 38.7% 34.3% TOTAL MARKETING SilverRock Resort General and Administrative Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 Final 1 Budget Variance Final Budget Variance Annual Budge Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 2,320.00 2,688.00 (368.00) 22,739.10 24,192.00 (1,452.90) 32,256.00 9,516.90 29.5% 6701325 Insurance -Workers Comp 1,420.01 1,295.00 125.01 14,050.11 11,366.00 2,684.11 15,252.00 1,201.89 7.9% 6701720 Salaries 17,531.86 17,400.00 131.86 141,912.28 154,132.00 (12,219.72) 204,516.00 62,603.72 30.6% 6701800 Taxes -Employer Payroll 1,578.38 2,028.00 (449.62) 14,743.66 17,802.00 (3,058.34) 23,899.00 9,155.34 38.3% 6701880 Wages -Hourly 2,992.80 3,403.00 (410.20) 35,288.67 28,471.00 6,817.67 40,492.00 5,203.33 12.9% 6701882 Wages -Overtime 9.60 9.60 9.60 (9.60) Total-G&A-SALARIES & BENEFITS 25,852.65 26,814.00 970.95) 228,743.42 235,963.00 7,219.58 316,415.00 87,671.58 27.7% 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 178.85 500.00 (321.15) 2,692.44 4,500.00 (1,807.56) 6,300.00 3,607.56 57.3% 6703762 Supplies -Office 147.37 105.00 42.37 489.07 945.00 (455.93) 1,260.00 770.93 61.2% 6703768 Supplies -Printing & Stationery 80.95 400.00 (319.05) 643.89 2,100.00 (1,456.11) 3,300.00 2,656.11 80_5% Total-G&A-SUPPLIES & MATERIALS 407.17 1,005.00 597.83) 3,825.40 7,545.00 (3,719.60) 10,860.00 7,034.60 64.8% 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment 100.00 (100.00) 1,600.00 (1,600.00) 1,900.00 1,900.00 100.0% Total-G&A-REPAIRS & MAINTENANCE 100.00 (100.00) 1,600.00 1,600.00 1,900.00 1,900.00 100.0% 67-G&A-OTHER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 4,500.00 4,500.00 6,000.00 1,500.00 25.0% 6709090 Contract Services 0.0% 6709150 Dues & Subscriptions 50.00 (50.00) 1,697.96 750.00 947.96 1,150.00 (547.96) .47.6% 6709180 Employee Recruiting/Relocation 302.00 200.00 102.00 3,605.32 1,200.00 2,405.32 1,200.00 (2,405.32) -200.4% 6709197 Equipment Rental 667.83 550.00 117.83 5,865.91 4,950.00 915.91 6,600.00 734.09 11.1% 6709202 Fees -Bank 87.99 90.00 (2.01) 1,034.50 810.00 224.50 1,080.00 45.50 4.2% 6709208 Fees -Payroll Processing 1,276.21 1,000.00 276.21 11,188.07 9,000.00 2,188.07 12,000.00 811.93 6.8% 6709220 Freight/Delivery 50.00 (50.00) 35.48 450.00 (414.52) 600.00 564.52 94.1% 6709490 Miscellaneous 94.31 100.00 (5.69) 11,659.45 5,700.00 5,959.45 6,000.00 (5,659.45) .94.3% 6709620 Postage/Mail Services 339.63 75.00 264.63 1,432.46 675.00 757.46 900.00 (532.46) .59.2% 6709625 Professional Fees 2,419.00 1,100.00 1,319.00 19,143.83 9,900.00 9,243.83 13,200.00 (5,943.83) .45.0% 6709636 Promotion/Entertainment 605.14 100.00 505.14 605.14 900.00 (294.86) 1,200.00 594.86 49.6% 6709722 Seminars & Training 200.00 (200.00) 1,262.46 1,800.00 (537.54) 2,400.00 1,137.54 47.4% 6709810 Travel 70.56 200.00 (129.44) 1,100.00 1,029.44 93.6% 6709820 Uniforms 75.00 (75.00) 1,028.16 825.00 203.16 1,050.00 21.84 2.1% Total-G&A-OTHER EXPENSES 6,292.11 4,090.00 2,202.11 63,129.30 41,660.00 21,469.30 54,480.00 (8,649.30) -15.9% Total -GENERAL & ADMINISTRATIVE 32,551.93 32,009.00 542.93 295,698.12 286,768.00 8,930.12 383,655.00 87,956.88 22.9% Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement March 2022 Month to Date Year to Date Annual Budget March 2022 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) 94,704.04 108,000.00 (13,295.96) 144,000.00 49,295.96 34.2% 6800193 Equipment Leases -Maintenance 16,526.08 12,400.00 4,126.08 107,938.81 111,600.00 (3,661.19) 148,800.00 40,861.19 27.5% 6800196 Equipment Leases-GPS 2,640.00 2,900.00 (260.00) 23,991.00 26,100.00 (2,109.00) 34,800.00 10,809.00 31.1% 6800197 Equipment Leases -Others 2,567.09 1,950.00 617.09 24,167.18 14,350.00 9,817.18 20,200.00 (3,967.18) 0.0% 32,544.73 29,250.00 3,294.73 250,801.03 260,050.00 (9,248.97) Total -LEASES 347,800.00 96,998.97 27.9% 69-MISC OTHER EXPENSES 6900096 Contract Srvcs-Management Fee 9,880.00 9,880.00 88,426.00 88,920.00 (494.00) 118,560.00 30,134.00 25.4% 6900800 Personal Property Taxes 11,066.40 11,800.00 (733.60) 11,800.00 733.60 6.2% 6900323 Insurance -Commercial 2,768.50 5,400.00 (2,631.50) 55,761.40 48,600.00 7,161.40 64,800.00 9,038.60 13.9% 6900210 FF&E Reserve 14,361.68 10,871.00 3,490.68 64,405.01 47,195.00 17,210.01 62,157.00 (2,248.01) -3.6% 27,010.18 26,151.00 859.18 219,658.81 196,515.00 23,143.81 Total-MISC OTHER EXPENSES 257,317.00 37,658.19 14.6% 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 5 4 8 37 48 49 4 14 37 41 70 74 5 30 54 13 4 20 8 2 15 2 5 14 31 11 13 24 54 22 86 0 0 0