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06 December 2022 SilverRock Resort - Monthly Financial StatementSILVERROCK® RESORT Monthly Financial Statements July 1, 2022 - December 2022 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 a Administrative Expense Statement 8 Operating Leases Et Miscellaneous Expense Statement 9 Complimentary Report 10 SilverRock Resort Summary Operating Income Statement December 2022 Month to Date Year to Date Annual Budget Percentages G/L # Series Account Description December Unfavorable (-) Annual 2022 Final Budget Variance Favorable (+) Final Budget Variance Budget Unemcumb. % Bdgt Income 400000 Golf Green Fee Revenue 423,944.76 414,375.00 9,569.76 2.3% 1,203,385.76 1,265,606.00 (62,220.24) 3,745,355.00 2,541,969.24 32% 401000 Miscellaneous Golf Revenue 39,805.00 40,200.00 (395.00) -1,0% 113,939.50 103,050.00 10,889.50 307,480.00 193,540.50 37% 410000 Revenue -Golf Shop 29,921.98 23,375.00 6,546.98 28.0% 84,621.59 70,300.00 14,321.59 212,618.00 127,996.41 40% 420000 Food & Beverage Revenue 66,003.42 38,250.00 27,753.42 72.6% 200,865.92 126,450.00 74,415.92 585,382.00 384,516.08 34% Total Income 559,675.16 516,200.00 43,475.16 8.4% 1,602,812.77 1,565,406.00 37,406.77 4,850,835.00 3,248,022.23 33% Cost of Goods Sold 510000 COS -Golf Shop 18,483.37 13,083.00 5,400.37 -41.3% 50,486.68 39,333.00 (11,153.68) 119,002.00 68,515.32 42% 520000 COS -Food & Beverage 21,577.70 12,993.00 8,584.70 -66.1% 78,272.37 48,774.00 (29,498.37) 199,408.00 121,135.63 39% Total COS 4U,Ub1.U7 2b,U76.UU 13,985.U7 -53.6% 128,759.05 88,1U7.UU (4U,652.U5) 318,41U.UU 68,515.32 40% Gross Profit 519,614.09 490,124.00 29,490.09 6.0% 1,474,053.72 1,477,299.00 (3,245.28) 4,532,425.00 3,179,506.91 33% Expenses 610000 Golf Pro Shop 19,057.24 19,792.00 (734.76) 3.7% 92,809.14 96,551.00 (3,741.86) 216,775.00 123,965.86 43% 630000 Course Maintenance 171,526.95 153,744.00 17,782.95 -11.6% 1,072,892.68 1,180,256.00 (107,363.32) 2,070,664.00 997,771.32 52% 633000 Maintenance Water & Energy 23,887.24 13,705.00 10,182.24 -74.3% 170,258.45 128,015.00 42,243.45 260,294.00 90,035.55 65% 640000 Outside Services 45,666.74 61,096.00 (15,429.26) 25.3% 228,963.68 223,189.00 5,774.68 529,580.00 300,616.32 43% 650000 Clubhouse 14,689.06 10,301.00 4,388.06 -42.6% 75,727.83 62,306.00 13,421.83 127,492.00 51,764.17 59% 660000 Marketing 19,950.41 18,026.00 1,924.41 -10.7% 75,645.69 86,728.00 (11,082.31) 192,267.00 116,621.31 39% 670000 General & Administrative 30,139.74 43,182.00 (13,042.26) 30.2% 200,573.58 220,979.00 (20,405.42) 451,899.00 251,325.42 44% 680000 Leases 42,339.28 32,750.00 9,589.28 -29.3% 195,063.55 193,300.00 1,763.55 389,800.00 194,736.45 50% 690000 Miscellaneous Other Expense 31,511.06 24,578.00 6,933.06 -28.4% 121,126.84 134,856.00 (13,729.16) 293,999.00 172,872.16 620000 Food & Beverage Expenses 54,288.04 35,578.00 18,710.04 -52.6% 197,115.09 164,444.00 32,671.09 453,954.00 256,838.91 41% Total Expenses 453,055.76 412,752.00 40,303.76 -9.8% 2,430,176.53 2,490,624.00 60,447.47 4,986,724.00 2,299,708.56 49% Net Income 66,558.33 77,372.00 (10,813.67) 4.7% (956,122.81) (1,013,325.00) 57,202.19 (454,299.00) 879,798.35 210% 400000 Rounds of Golf Played Paid Rounds Played 4,759 4,250 509 12.0% 15,450 11,150 4,300 41,996 26,546 37% Ave $ Per Paid Round Green Fee 89.08 97.50 (8.42) -8.6% 77.89 113.51 (35.62) 89.18 11.29 87% Ave $ Per Paid Round Merchandise 6.29 5.50 0.79 14.3% 5.48 6.30 (0.83) 5.06 (0.41) 108% Ave $ Per Paid Miscellaneous 8.36 4.09 4.27 104.3% 7.37 4.15 3.23 7.32 (0.05) 101% SilverRock Resort Statement of Fees - Revenue December 2022 Month to Date Year to Date Annual Budget Income December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 4010000 4040000 4050000 4060000 4090000 4091000 4092000 4093000 Revenue -Fees Rider Fee Club Rental Driving Range Handicap Fees Ball RetrieverlSubcontract Golf Professional Rental Fee Golf Lessons Resident Card Issue Total Miscellaneous Revenue 1 Total Revenue Fees Total Income 423,944.76 414,375.00 2,420.00 3,800.00 2,720.00 3,100.00 11,740.00 9,500.00 9,569.76 (1,380.00) (380.00) 2,240.00 500.00 1,000.00 (500.00) 22,425.00 22,800.00 (375.00) 39,805.00 40,200.00 (395.00) 463,749.76 454,575.00 9,174.76 1463,749.76 1,203,385.76 6,325.00 8,875.00 31,005.00 266.00 592.50 1,500.00 1,265,606.00 9,900.00 9,600.00 23,750.00 1,000.00 2,000.00 65,376.00 56,800.00 (62,220.24) (3,575.00) (725.00) 7,255.00 266.00 (407.50) (500.00) 8,576.00 113,939.50 103,050.00 10, 889.50 1,317,325.26 1,368,656.00 (53,644.24) 3,745,355.00 2,541,969.24 67.9% 18,180.00 11,855.00 65.2% 24,100.00 15,225.00 63.2% 87,850.00 56,845.00 64.7% 2,050.00 1,784.00 87.0% 2,500.00 1,907.50 76.3% 7,500.00 6,000.00 80.0% 0.0% 165,300.00 99,924.00 60.5% 307,480.00 193,540.50 62.9% 4,052,835.00 2,735,509.74 454,575.00 9,174.76 1,317,325.26 1,368,656.00I (51,330.74) 67.5% 4,052,835.00I 2,735,509.74I 67.5% I SilverRock Resort Golf Shop Income Statement December 2022 Month to Date Year to Date Annual Budget Income December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous 876.20 - 876.20 3,516.09 - 3,516.09 0 0 0% 4100110 Sales Hard Goods 10,725.60 5,844.00 4,881.60 34,365.55 17,575.00 16,790.55 53,155.00 18,789.45 35.3% 4100112 Sales -Soft Goods 24,794.50 17,531.00 7,263.50 59,785.50 52,725.00 7,060.50 159,464.00 99,678.50 62.5% 5100639 GS-Discounts-Mdse (6,474.32) - (6,474.32) (13,045.55) • (13,045.55) • 13,045.55 0.0% Total Revenue Golf Shop 29,921.98 23,375.00 6,546.98 84,621.59 70,300.00 14,321.59 212,619.00 131,513.50 61.9% COS 5100150 COS-GS-Hard Goods 6,206.43 3,389.00 2,817.43 19,079.08 10,198.00 8,881.08 30,829.00 11,749.92 38.1% 5100151 COS-GS-Soft Goods 11,466.51 10,168.00 1,298.51 28,538.64 30,562.00 (2,023.36) 92,489.00 63,950.36 69.1% 5100152 COS-GS-Purchase Disc (296.31) (677.00) 380.69 (748.12) (2,038.00) 1,289.88 (6,166.00) (5,417.88) 87.9% 5100220 COS-GS-Freight Merch 1,106.74 203.00 903.74 3,617.08 611.00 3,006.08 1,850.00 (1,767.08) -95.5% Cost of Sales - Golf Shop 18,483.37 13,083.00 5,400.37 50,486.68 39,333.00 11,153.68 119,002.00 68,515.32 57.6% Gross Profit 11,438.61 10,292.00 1,146.61 34,134.91 30,967.00 3,167.91 93,617.00 62,998.18 67.3% COS % 61.8% 56.0% -5.8% 59.7% 56.0% •3.7% 53.1% 52.1% 98.1% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 435.44 826.00 (390.56) 2,665.50 4,956.00 (2,290.50) 9,912.00 7,246.50 73.1% 6101325 Insurance -Workers Comp 1,093.21 1,133.00 (39.79) 5,307.98 5,377.00 (69.02) 11,980.00 6,672.02 55.7% 6101720 Salaries 5,323.16 5,957.00 (633.84) 34,600.54 35,742.00 (1,141.46) 65,000.00 30,399.46 46.8% 6101800 Taxes•Employer Payroll 1,488.77 1,479.00 9.77 6,019.95 7,022.00 (1,002.05) 13,896.00 7,876.05 56.7% 6101880 Wages -Hourly 10,294.04 9,212.00 1,082.04 39,731.95 36,269.00 3,462.95 97,112.00 57,380.05 59.1% 6101882 Wages -Overtime 8.27 - 8.27 253.90 253.90 (253.90) 0.0% Total -PS -SALARIES & BENEFITS 18,642.89 18,607.00 35.89 88,579.82 89,366.00 (786.18) 197,900.00 109,320.18 55.2% 61-PS OTHER EXPENSES 6103742 Supplies -Expendable - - - - - - - - 0.0% 6103762 Supplies -Office - 250.00 (250.00) 662.98 1,500.00 (837.02) 3,000.00 2,337.02 77.9% 6109220 Freight & Delivery - 25.00 (25.00) 59.19 75.00 (15.81) 75.00 15.81 21.1% 6109490 Miscellaneous 276.00 500.00 (224.00) 674.60 3,000.00 (2,325.40) 6,000.00 5,325.40 88.8% 6109150 Dues and Subscriptions - - - 755.00 - 755.00 2,300.00 1,545.00 67.2% 6109500 ProShop-Over/Short 6.31 - 6.31 6.52 - 6.52 - (6.52) 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 - 200.00 (200.00) 1,277.85 900.00 377.85 2,400.00 1,122.15 46.8% 6117840 Telephones 132.04 110.00 22.04 793.18 660.00 133.18 1,320.00 526.82 39.9% Total - Other Expenses 414.35 1,185.00 (770.65) 4,229.32 7,185.00 (2,955.68) 18,875.00 14,645.68 77.6% Total Expenses -Golf Shop 19,057.24 19,792.00 (734.76) 92,809.14 96,551.00 (3,741.86) 216,775.00 123,965.86 57.2% Net Income (7,618.63) (9,500.00) 1.881.37 (58,674.23) (65,584.00) 6.909.77 (123,158.00) (60,967.68) 49.5% Course SilverRock Resort Maintenance Expense Statement December 2022 Month to Date Year to Date Annual Budget December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 5,273.97 10,164.00 (4,890.03) 27,965.59 51,898.00 (23,932.41) 112,882.00 84,916.41 75.2% 6311325 Insurance -Workers Comp 3,110.25 3,690.00 (579.75) 15,782.95 15,614.00 168.95 37,437.00 21,654.05 57.8% 6311720 Salaries 14,537.38 16,664.00 (2,126.62) 94,492.97 99,984.00 (5,491.03) 200,000.00 105,507.03 52.8% 6311800 Taxes -Employer Payroll 6,420.55 7,996.00 (1,575.45) 26,445.73 34,350.00 (7,904.27) 81,715.00 55,269.27 67.6% 6311880 Wages -Hourly 67,334.66 65,344.00 1,990.66 296,778.76 236,329.00 60,449.76 619,606.00 322,827.24 52.1% 6311882 Wages -Overtime 2,202.40 - 2,202.40 18,917.44 16,000.00 2,917.44 18,500.00 (417.44) .2,3/ Total -CM -SALARIES & BENEFITS 98,879.21 103,858.00 (4,978.79) 480,383.44 454,175.00 26,208.44 1,070,140.00 589,756.56 55.1% 63-CM-SUPPLIES & MATERIALS 6313734 Chemicals 3,193.32 - 3,193.32 17,464.33 33,223.00 (15,758.67) 50,060.00 32,595.67 65.1% 6313744 Fertilizer 23,886.85 8,950.00 14,936.85 65,502.17 72,300.00 (6,797.83) 110,340.00 44,837.83 40.6% 6313745 Herbicides - - - - - - - - 0.0% 6313746 Flowers/Plants - 750.00 (750.00) 1,880.22 2,000.00 (119.78) 3,050.00 1,169.78 38.4% 6313748 Fuel -Gasoline 5,552.40 5,150.00 402.40 41,089.61 27,600.00 13,489.61 53,800.00 12,710.39 23.6% 6313750 Golf Course Accessories - - - 8,572.17 12,300.00 (3,727.83) 13,140.00 4,567.83 34.8% 6313756 POA Control - 7,500.00 (7,500.00) - 9,900.00 (9,900.00) 9,900.00 9,900.00 100.0% 6313758 Miscellaneous Supp 1,100.22 500.00 600.22 5,154.52 3,750.00 1,404.52 4,350.00 (804.52) -18.5% 6313762 Supplies -Office 450.57 - 450.57 3,678.11 - 3,678.11 - (3,678.11) 0.0% 6313774 Sand 2,712.39 800.00 1,912.39 11,052.78 12,580.00 (1,527.22) 13,460.00 2,407.22 17.9% 6313776 Seed 3,066.76 - 3,066.76 185,807.55 325,000.00 (139,192.45) 325,000.00 139,192.45 42.8% 6313778 Small Tools & Non -Capital Equip 3,155.76 100.00 3,055.76 3,155.76 4,400.00 (1,244.24) 5,000.00 1,844.24 36.9% 6313780 Sod - - - 13,696.31 10,800.00 2,896.31 15,500.00 1,803.69 11.6% 6313782 Topdressing - - - 8,001.91 7,000.00 1,001.91 10,000.00 1,998.09 20.0% Total -CM -SUPPLIES & MATERIALS 43,118.27 23,750.00 19,368.27 365,055.44 520,853.00 155,797.56) 613,600.00 248,544.56 40.5% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Mainl 5,143.00 - 5,143.00 28,319.00 19,250.00 9,069.00 30,800.00 2,481.00 8.1% 6315685 CM-R&M-Bldngs & Othr Structures 101.00 500.00 (399.00) 1,483.75 4,050.00 (2,566.25) 5,550.00 4,066.25 73.3% 6315690 CM -R&M -Equipment 4,067.32 2,000.00 2,067.32 41,908.30 24,500.00 17,408.30 38,500.00 (3,408.30) -8.9% 6315692 CM -R&M -Irrigation System 643.00 550.00 93.00 10,291.89 12,850.00 (2,558.11) 19,050.00 8,758.11 46.0% 6315696 CM -R&M -Pumps - 1,000.00 (1,000.00) 3,723.31 6,000.00 (2,276.69) 10,500.00 6,776.69 64.5% 6315815 CM -R&M -Trees -Pruning Etc - - - 16,890.00 6,050.00 10,840.00 14,050.00 (2,840.00) .20,2/ Total -CM -REPAIRS & MAINTENANCE 9,954.32 4,050.00 5,904.32 102,616.25 72,700.00 29,916.25 118,450.00 15,833.75 13.4% 6317836 Utilities -Natural Gas/LPG - 15.00 (15.00) 147.97 90.00 57.97 180.00 32.03 0.0% 6317840 Telephones 1,066.29 850.00 216.29 6,194.56 5,100.00 1,094.56 10,200.00 4,005.44 39.3% Total -CM -UTILITIES 1,066.29 865.00 201.29 6,342.53 5,190.00 1,152.53 10,380.00 4,037.47 38.9% 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 2,400.00 2,400.00 - 4,800.00 2,400.00 50.0% 6319100 Contract Svcs-SoillTissue Test - - - - 1,000.00 (1,000.00) 2,000.00 2,000.00 100.0% 6319102 Contract Svcs -Trash Removal - 524.00 (524.00) 820.70 3,144.00 (2,323.30) 6,288.00 5,467.30 86.9% 6319150 Dues & Subscriptions 210.00 - 210.00 2,280.00 - 2,280.00 680.00 (1,600.00) -235.3% 6319170 Employee Education - 50.00 (50.00) 200.00 300.00 (100.00) 3,900.00 3,700.00 94.9% 6319197 Equipment Rental - 200.00 (200.00) - 2,300.00 (2,300.00) 3,400.00 3,400.00 100.0% 6319206 Licenses & Permits - 50.00 (50.00) 1,035.41 400.00 635.41 4,300.00 3,264.59 75.9% 6319490 Miscellaneous 284.90 100.00 184.90 482.36 600.00 (117.64) 1,200.00 717.64 59.8% 6319718 Safety Equipment & Training - 400.00 (400.00) - 2,750.00 (2,750.00) 3,850.00 3,850.00 100.0% 6319822 Uniforms 135.12 920.00 (784.88) 816.20 5,520.00 (4,703.80) 11,040.00 10,223.80 92.6% Total -CM -OTHER EXPENSES 1,030.02 2,644.00 (1,613.98) 8,034.67 18,414.00 (10,379.33) 41,458.00 33,423.33 80.62% Course SilverRock Resort Maintenance Expense Statement December 2022 Month to Date Year to Date Annual Budget December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-LANDSCAPE MAINTENANCE 632-CM-LM-SALARIES & BENEFITS 6321320 Insurance -Group 2,248.15 2,478.00 (229.85) 9,817.88 10,325.00 (507.12) 25,193.00 15,375.12 61.0% 6321325 Insurance -Workers Comp 580.20 600.00 (19.80) 4,238.02 3,645.00 593.02 7,147.00 2,908.98 40.7% 6321800 Taxes -Employer Payroll 930.49 1,300.00 (369.51) 6,797.93 8,007.00 (1,209.07) 15,595.00 8,797.07 56.4% 6321880 Wages -Hourly 12,760.00 13,334.00 (574.00) 85,896.00 78,714.00 7,182.00 156,528.00 70,632.00 45.1% 6321882 Wages -Overtime 960.00 - 960.00 3,710.52 3,418.00 292.52 3.418.00 (292.521 -8.6% Total-CM-LM-SALARIES & BENEFITS 17,478.84 17,712.00 (233.16) 110,460.35 104,109.00 6,351.35 207,881.00 97,420.65 46.9% 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 4,250.00 100.0% Total -COURSE MAINTENANCE 171.526.95 153,744.00 17,782.95 1,072,892.68 1,180,256.00 (107,363.32) 2,070,664.00 9 997,771.32 48.2% Silverrock Resort Course Maintenance Water & Energy December 2022 Month to Date Year to Date Annual Budget December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 17,462.44 6,424.80 8,400.00 5,305.00 9,062.44 1,119.80 111,816.44 58,442.01 65,810.00 62,205.00 46,006.44 (3,762.99) 144,810.00 32,993.56 115,484.00 57,041.99 22.8% 49.4% 34.6% 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total -CM -WATER & ENERGY 23.887 24 13.705.00 10,182.24 170.258.45 128.015.00 42.243.45 260.294.00 90,035.55 SilverRock Resort Outside Services Expense Statement December 2022 Month to Date Year to Date Annual Budget December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 641-CBR-SALARIES & BENEFITS 6411320 Insurance -Group 424.44 826.00 (401.56) 3,238.86 4,956.00 (1,717.14) 9,912.00 6,673.14 67.3% 6411325 Insurance -Workers Comp 1,927.30 2,397.00 (469.70) 6,943.61 7,451.00 (507.39) 19,271.00 12,327.39 64.0% 6411800 Taxes -Employer Payroll 2,128.94 3,996.00 (1,867.06) 8,780.12 12,422.00 (3,641.88) 32,119.00 23,338.88 72.7% 6411880 Wages -Hourly 21,993.23 32,100.00 (10,106.77) 90,643.05 99,805.00 (9,161.95) 257,980.00 167,336.95 64.9% 6411882 Wages -Overtime 1,393.67 - 1,393.67 5,890.19 - 5,890.19 - (5,890.191 0.0% Total-CBR-SALARIES & BENEFITS 27,867.58 39,319.00 (11,451.42) 115,495.83 124,634.00 (9,138.17) 319,282.00 203,786.17 63,8% 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts - 500.00 (500.00) 1,008.75 1,500.00 (491.25) 1,850.00 ' 0.0% 6413742 Supplies -Expendable 568.16 150.00 418.16 2,146.96 3,450.00 (1,303.04) 6,750.00 4,603.04 68.2°/ 6413748 Supplies -Fuel for Shuttle - - - - - - - - 0.0% 6413752 Supplies -Range Balls - - - 12,723.75 10,000.00 2,723.75 10,000.00 (2,723.75) -27.2% 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 400.00 195.00 205.00 1,920.00 860.00 1,060.00 2,182.00 262.00 12.0°/ 6413796 Supplies -Bottled Water - 2,500.00 (2,500.00) 18,332.32 15,000.00 3,332.32 30,000.00 11,667.68 38.9% Total-CBR-SUPPLIES & MATERIALS 968.16 3,395.00 (2,426.84) 36,131.78 31,035.00 5,096.78 51,727.00 14,753.97 28,5°/ 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 852.81 300.00 552.81 10,141.24 1,800.00 8,341.24 3,600.00 (6,541.24) -181.7% 6415695 CBR-R&M-Cart Maintenance & Repair 1,216.00 1,503.00 (287.00) 12,294.49 9,018.00 3,276.49 18,036.00 5,741.51 31.8% Total-CBR-REPAIRS & MAINTENANCE 2,068.81 1,803.00 265.81 22,435.73 10,818.00 11,617.73 21,636.00 (799.73) -31% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 1,924.41 800.00 1,124.41 8,410.46 4,800.00 3,610.46 9,600.00 1,189.54 12.4% 6419220 Freight/Delivery - 75.00 (75.00) - 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous 59.36 600.00 (540.64) 573.20 3,600.00 (3,026.80) 7,200.00 6,626.80 92.0°/ 6419820 Uniforms 1,099.45 500.00 599.45 5,931.01 3,000.00 2,931.01 5,200.00 (731.01) -14.1% Total-CBR-OTHER EXPENSES 3,083.22 1,975.00 1,108.22 14,914.67 11,850.00 3,064.67 22450.00 7535.33 33.6% TOTAL-CARTS,BAGROOM& RANGE 33,987.77 46,492.00 1,108.22 188,978.01 178,337.00 10,641.01 415,095.00 225,275.74 54.3°/ 643-CS-SALARIES & BENEFITS 6431320 Insurance -Group - - - - - - - - 0.0% 6431325 Insurance -Workers Comp 674.66 902.00 (227.34) 2,389.88 2,710.00 (320.12) 7,042.00 4,652.12 66.1% 6431800 Taxes -Employer Payroll 908.63 1,177.00 (268.37) 3,084.62 3,537.00 (452.38) 9,192.00 6,107.38 66.4% 6431880 Wages -Hourly 9,638.70 12,075.00 (2,436.30) 31,921.95 36,305.00 (4,383.05) 94,275.00 62,353.05 66.1% 6431882 Wages -Overtime - - - - - - - - 0.0% Total -CS -SALARIES & BENEFITS 11,221.99 14,154.00 (2,932.01) 37,396.45 42,552.00 (5,155.55) 110 509.00 73112.55 66.2% 643-CS-OTHER EXPENSES 6433742 Supplies Expendable - 100.00 (100.00) 13.04 500.00 (486.96) 1,050.00 1,036.96 98.8% 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 456.98 250.00 206.98 2,576.18 1,350.00 1,226.18 2,125.00 (451.18) -21.2% Total -CS -OTHER EXPENSES 456.98 450.00 6.98 2,589.22 2,300.00 289.22 3,975.00 1,385.78 34.9% Total -COURSE SERVICES 11,678.97 14,604.00 (2,925.03) 39,985.67 44,852.00 (4,866.33) 114,484.00 74,498.33 65.1% TOTAL OUTSIDE SERVICES 45 666.74 61,096.00 (15,429.26) 228,963.68 223,189.00 5,774.68 529,579.00 298,388.29 56.3% SilverRock Resort Marketing Expense Statement December 2022 Month to Date Year to Date Annual Budget December 2022 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320 Insurance -Group 367.80 413.00 (45.20) 367.80 413.00 (45.20) 2,891.00 2,523.20 87.3% 6601325 Insurance -Workers Comp 865.00 93.00 772.00 1,337.42 558.00 779.42 1,121.00 (216.42) -19.3% 6601720 Salaries 1,250.00 1,250.00 - 8,125.00 7,500.00 625.00 15,000.00 6,875.00 45.8% 6601800 Tax -Employer Payroll 122.00 121.00 1.00 793.00 726.00 67.00 1,463.00 670.00 45.8% Total -MKT -SALARIES & BENEFITS 2,604.80 1,877.00 727.80 10,623.22 9,197.00 1,426.22 20,475.00 9,851.78 48.1% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office - 100.00 (100.00) 184.87 600.00 (415.13) 1,200.00 1,015.13 84.6% 6603768 Supplies -Printing & Stationery 52.71 200.00 (147.29) 3,692.74 3,600.00 92.74 4,425.00 732.26 16.5% Total -MKT -SUPPLIES & MARKETING 52.71 300.00 (247.29) 3,877.61 4,200.00 (322.39) 5,625.00 1,747.39 31.1% 66-MKT-UTILITIES 6607840 Utilities -Telephone 206.01 100.00 106.01 2,542.21 600.00 1,942.21 1,200.00 (1,342.21) -111.9% Total -MKT -UTILITIES 206.01 100.00 106.01 2,542.21 600.00 1,942.21 1,200.00 (1,342.21) -111.9% 66-MKT-OTHER EXPENSES 6609010 Advertising 13,769.90 14,624.00 (854.10) 49,858.62 67,431.00 (17,572.38) 151,133.00 101,274.38 67.0% 6609040 Business Meals - 25.00 (25.00) - 150.00 (150.00) 300.00 300.00 100.0% 6609080 Collateral Material 3,316.99 - 3,316.99 8,288.66 1,500.00 6,788.66 5,500.00 (2,788.66) -50.7% 6609102 Contract Services -Web Page - 150.00 (150.00) - 900.00 (900.00) 1,800.00 1,800.00 100.0% 6609490 Miscellaneous - 50.00 (50.00) 47.84 100.00 (52.16) 350.00 302.16 86.3% 6609620 Postage - 50.00 (50.00) - 300.00 (300.00) 600.00 600.00 100.0% 6609630 Promotion - - - 69.36 - 69.36 700.00 630.64 90.1% 6609633 Promotion-Cummunity - 750.00 (750.00) 15.79 1,800.00 (1,784.21) 2,250.00 2,234.21 99.3% 6609634 Promotion-MediaNendor - 50.00 (50.00) - 150.00 (150.00) 1,000.00 1,000.00 100.0% 6609150 Dues & Subscriptions - - - 183.99 - 183.99 735.00 551.01 75.0% 6609820 Uniforms 50.00 (50.00) 138.39 400.00 (261.61) 600.00 461.61 76.9% Total -MKT -OTHER EXPENSES 17,086.89 15,749.00 1,337.89 58,602.65 72,731.00 (14,128.35) 164,968.00 106,365.35 64.5% TOTAL MARKETING 19,950.41 18,026.00 1,924.41 75,645.69 86,728.00 (11,082.31) 192,268.00 116,622.31 60.7% SilverRock Resort General and Administrative Expense Statement December 2022 Month to Date Year to Date Annual Budget December 2022 Final Budget Variance Final Budget Variance Annual Budge Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 2,873.54 3,143.00 (269.46) 16,603.00 18,858.00 (2,255.00) 37,716.00 21,113.00 56.0% 6701325 Insurance -Workers Comp 1,246.50 1,819.00 (572.50) 9,042.18 10,302.00 (1,259.82) 21,077.00 12,034.82 57.1% 6701720 Salaries 17,058.80 20,000.00 (2,941.20) 110,882.20 120,000.00 (9,117.80) 240,000.00 129,117.80 53.8% 6701800 Taxes -Employer Payroll 1,556.91 2,374.00 (817.09) 10,293.70 13,355.00 (3,061.30) 27,510.00 17,216.30 62.6% 6701880 Wages -Hourly 3,637.80 4,351.00 (713.20) 23,021.59 16,994.00 6,027.59 42,156.00 19,134.41 45.4% 6701882 Wages -Overtime 78.66 - - 87.17 - 87.17 87.17 - Total-G&A-SALARIES & BENEFITS 26,452.21 31,687.00 (5,313.45) 169,929.84 179,509.00 (9,579.16) 368,546.17 198,616.33 53.9% 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 118.08 500.00 (381.92) 2,194.20 3,000.00 (805.80) 6,300.00 4,105.80 65.2% 6703762 Supplies -Office 56.89 105.00 (48.11) 1,287.21 630.00 657.21 1,260.00 (27.21) -2.2% 6703768 Supplies -Printing & Stationery - 400.00 (400.00) 812.46 900.00 (87.54) 3,300.00 2,487.54 75.4% Total-G&A-SUPPLIES & MATERIALS 174.97 1,005.00 (830.03) 4,293.87 4,530.00 (236.13) 10,860.00 6,566.13 60.5% 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 - 50.00 (50.00) 156.50 500.00 (343.50) 1,550.00 1,393.50 89.9% 6709180 Employee RecruitinglRelocation 820.13 200.00 620.13 1,345.37 650.00 695.37 1,200.00 (145.37) -12.1% 6709197 Equipment Rental 774.47 550.00 224.47 4,467.09 3,300.00 1,167.09 6,600.00 2,132.91 32.3% 6709202 Fees -Bank 43.56 90.00 (46.44) 268.12 540.00 (271.88) 1,080.00 811.88 75.2% 6709208 Fees -Payroll Processing 852.85 1,000.00 (147.15) 6,360.02 6,000.00 360.02 12,000.00 5,639.98 47.0% 6709220 FreightlDelivery - 50.00 (50.00) - 300.00 (300.00) 600.00 600.00 100.0% 6709490 Miscellaneous 38.95 4,000.00 (3,961.05) 419.42 5,400.00 (4,980.58) 6,000.00 5,580.58 93.0% 6709620 Postage/Mail Services 200.00 75.00 125.00 738.21 450.00 288.21 900.00 161.79 18.0% 6709625 Professional Fees - 3,500.00 (3,500.00) 7,559.91 13,000.00 (5,440.09) 28,000.00 20,440.09 73.0% 6709636 Promotion/Entertainment 32.60 100.00 (67.40) 512.60 600.00 (87.40) 1,200.00 687.40 57.3% 6709722 Seminars & Training 250.00 200.00 50.00 1,329.80 1,200.00 129.80 3,400.00 2,070.20 60.9% 6709810 Travel - - - - 100.00 (100.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms - 75.00 (75.00) 192.83 600.00 (407.17) 1,050.00 857.17 81.6% Total-G&A-OTHER EXPENSES 3,512.56 10,390.00 (6,877.44) 26,349.87 35,640.00 (9,290.13) 70,680.00 44,330.13 62,7% Total-GENER4L & ADMINISTRATIVE 30,139.74 43,182.00 (13,042.26) 200,573.58 220,979.00 (20,405.42) 451 986.17 251,412.59 55_6% Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement December 2022 Month to Date Year to Date Annual Budget December 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) 64,869.36 72,000.00 (7,130.64) 144,000.00 79,130.64 55.0% 6800193 Equipment Leases -Maintenance 27,079.98 15,900.00 11,179.98 108,183.19 95,400.00 12,783.19 190,800.00 82,616.81 43.3% 6800196 Equipment Leases-GPS 2,640.00 2,900.00 (260.00) 15,840.00 17,400.00 (1,560.00) 34,800.00 18,960.00 54.5% 6800197 Equipment Leases -Others 1,807.74 1,950.00 (142.26) 6,171.00 8,500.00 (2,329.00) 20,200.00 14,029.00 0.0% Total -LEASES 42,339.28 32,750.00 9,589.28 195,063.55 193,300.00 1,763.55 389,800.00 194,736.45 50.0% 69-MISC OTHER EXPENSES 6900096 Contract Srvcs•Management Fee 10,374.00 10,374.00 - 62,244.00 62,244.00 - 124,488.00 62,244.00 50.0% 6900800 Personal Property Taxes - - - 9,069.94 11,800.00 (2,730.06) 11,800.00 2,730.06 23.1% 6900323 Insurance -Commercial 12,658.16 5,917.00 6,741.16 25,745.18 35,502.00 (9,756.82) 71,004.00 45,258.82 63.7% 6900210 FF&E Reserve 8,478.90 8,287.00 191.90 24,067.72 25,310.00 (1,242.28) 74,907.00 50,839.28 67.9% Total-M/SC OTHER EXPENSES 31,511.06 24,578.00 6,933.06 121,126.84 134,856.00 (13,729.16) 282,199.00 161,072.16 57.1% SilverRock Resort -Arnold Palmer Classic Course Comp Golf Report-2022-2023 Comp Category Media Sales Promotion Golf Industry VIP Celebrity PGA Comp 15 Charity/Gift Certificate Rain/Wind Checks 5 Club Staff 2 LQ HS Golf 42 2022 2022 2022 2022 2022 2022 July August September October November December Comp Category Media Sales Promotion Golf Industry VIP Celebrity PGA Comp Charity/Gift Certificate Rain/Wind Checks Club Staff LQ HS Golf closed closed closed closed closed closed 8 7 closed closed 2 4 closed 36 40 closed closed 3 8 17 14 4 5 27 64 46 51 0 28 50 2023 2023 2023 2023 2023 2023 January February March April May June 0 0 0 0 0 0