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11 May 2023 SilverRock Resort - Monthly Financial StatementSILVERROCK® R E SORT Monthly Financial Statements July 1, 2022 - May 2023 SilverRock Resort Summary Operating Income Statement May 2023 Month to Date Year to Date Annual Budget Percentages GIL # Series Account Description May 2023 Unfavorable (-) Annual Final Budget Variance Favorable (+) Final Budget Variance Budget Unemcumb. % Bdgt Income 400000 Golf Green Fee Revenue 407,790.50 313,685.00 94,105.50 30.0% 3,942,540.63 3,606,800.00 335,740.63 3,745,355.00 (197,185.63) 105% 401000 Miscellaneous Golf Revenue 14,983.00 26,020.00 (11,037.00) -42.4% 243,945.00 286,800.00 (42,855.00) 307,480.00 63,535.00 79% 410000 Revenue -Golf Shop 29,547.71 21,071.00 8,476.71 40.2% 245,872.57 201,300.00 44,572.57 212,618.00 (33,254.57) 116% 420000 Food & Beverage Revenue 83,057.14 68,575.00 14,482.14 21.1% 652,673.96 584,500.00 68,173.96 585,382.00 (67,291.96) 111% Total Income 535,378.35 429,351.00 106,027.35I 24.7% 5,085,032.39 4,679,400.00 405,632.39 4,850,835.00 (234,197.16) 105% Cost of Goods Sold 510000 COS -Golf Shop 55,537.20 11,792.00 43,745.20 -371.0% 181,300.04 112,800.00 (68,500.04) 119,002.00 (62,298.04) 152% 520000 COS -Food & Beverage 1,013.76 22,222.00 (21,208.24) 95.4% 229,340.04 196,900.00 (32,440.04) 199,408.00 (29,932.04) 115% Total COS 56,550.96 34,U14.UU ZZ,539.96I .66.3% 410,940.08 3U9,7UU.UU (1UU,94U.U8) 3Th,41U.UU (b2,296.U41 129% Gross Profit 478,827.39 395,337.00 83,490.391 21.1% 4,674,392.31 4,369,700.00 304,692.31 4,532,425.00 (171,899.12) 103% Expenses 610000 Golf Pro Shop 20,356.65 22,130.00 (1,773.35) 8.0% 204,734.20 198,200.00 6,534.20 216,775.00 12,040.80 94% 630000 Course Maintenance 175,646.56 141,963.00 33,683.56 -23.7% 1,899,026.06 1,910,608.00 (11,581.94) 2,070,664.00 171,637.94 92% 633000 Maintenance Water & Energy 29,832.72 26,750.00 3,082.72 -11.5% 287,607.93 236,700.00 50,907.93 260,294.00 (27,313.93) 110% 640000 Outside Services 58,101.14 39,192.00 18,909.14 -48.2% 514,044.27 500,100.00 13,944.27 529,580.00 15,535.73 97% 650000 Clubhouse 15,259.23 10,631.00 4,628.23 -43.5% 155,405.35 116,500.00 38,905.35 127,492.00 (27,913.35) 122% 660000 Marketing 6,985.70 14,509.00 (7,523.30) 51.9% 155,516.18 181,800.00 (26,283.82) 192,267.00 36,750.82 81% 670000 General & Administrative 39,560.87 37,583.00 1,977.87 -5.3% 396,903.03 415,100.00 (18,196.97) 451,899.00 54,995.97 88% 680000 Leases 32,455.75 32,750.00 (294.25) 0.9% 366,565.34 357,100.00 9,465.34 389,800.00 23,234.66 94% 690000 Miscellaneous Other Expense 31,856.18 22,565.00 9,291.18 -41.2% 302,517.32 263,100.00 39,417.32 293,999.00 (8,518.32) 620000 Food & Beverage Expenses 57,194.07 46,798.00 10,396.07 -22.2% 501,827.79 426,330.00 75,497.79 453,954.00 (47 873.79) 103% Total Expenses 467,248.87 394,871.00 72,377.87 -18.3% 4,784,147.47 4,605,538.00 (178,609.47) 4,986,724.00 250,450.32 96% NetIncome 11,578.52 466.00 11,112.52I 27.5% (109,755.16) (235,838.00) 126,082.84 (454,299.00) (422,349.44) 24% 400000 Rounds of Golf Played Paid Rounds Played 4,668 4,300 368 8.6% 41,665 39,696 1,969 41,996 331 99% Ave $ Per Paid Round Green Fee 87.36 72.95 14.41 19.8% 94.62 90.86 3.76 89.18 (5.44) 106% Ave $ Per Paid Round Merchandise 6.33 4.90 1.43 29.2% 5.90 5.07 0.83 5.06 (0.84) 117% Ave $ Per Paid Miscellaneous 3.21 2.42 0.79 32.8% 5.85 3.45 2.40 7.32 1.47 80% SilverRock Resort Statement of Fees - Revenue May 2023 I Month to Date Year to Date Annual Budget May 2023 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 407,790.50 313,685.00 94,105.50 3,942,540.63 3,606,800.00 335,740.63 3,745,355.00 (197,185.63) -5.3% 4010000 Rider Fee 2,593.00 495.00 2,098.00 17,983.00 17,900.00 83.00 18,180.00 197.00 1.1% 4040000 Club Rental 4,275.00 2,475.00 1,800.00 27,555.00 22,900.00 4,655.00 24,100.00 (3,455.00) -14.3% 4050000 Driving Range 7,515.00 7,425.00 90.00 108,370.00 84,200.00 24,170.00 87,850.00 (20,520.00) -23.4% 4060000 Handicap Fees - - - 1,026.00 2,100.00 (1,074.00) 2,050.00 1,024.00 50.0% 4090000 Ball Retriever/Subcontract - - - 2,235.00 2,500.00 (265.00) 2,500.00 265.00 10.6% 4091000 Golf Professional Rental Fee 600.00 - 600.00 5,300.00 7,500.00 (2,200.00) 7,500.00 2,200.00 29.3% 4092000 Golf Lessons - - - - - - - - 0.0% 4093000 Resident Card Issue - 15,625.00 (15,625.00) 81,476.00 149,700.00 (68,224.00) 165,300.00 83,824.00 50.7% Total Miscellaneous Revenue 14,983.00 26,020.00 (11,037.00) 243,945.00 286,800.00 (42,855.00) 307,480.00 63,535.00 20.7% 422,773.50 339,705.00 83,068.50 4,186,485.63 3,893,600.00 267,516.63 4,052,835.00 (133,650.63) -3.3% Total Revenue Fees Total Income 422,773.50 339,705.00I 83,068.50 4,186,485.63I 3,893,600.00I 292,885.63I 4,052,835.00 (133,650.63)1 -3.3% SilverRock Resort Golf Shop Income Statement May 2023 Month to Date Year to Date Annual Budget Income May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous 1,519.00 - 1,519.00 8,900.94 - 8,900.94 0 0 0% 4100110 Sales Hard Goods 11,280.28 5,268.00 6,012.28 88,963.04 50,300.00 38,663.04 53,155.00 (35,808.04) •67.4% 4100112 Sales -Soft Goods 19,536.01 15,803.00 3,733.01 180,221.94 151,000.00 29,221.94 159,464.00 (20,757.94) •13.0% 5100639 GS-Discounts-Mdse 2,787.58 - 2,787.58 (32,213.35) - (32,213.35) - 32,213.35 0.0% Total Revenue Golf Shop 29,547.71 21,071.00 8,476.71 245,872.57 201,300.00 44,572.57 212,619.00 (24,352.63) -11.5% COS 5100150 COS-GS-Hard Goods 45,808.50 3,055.00 42,753.50 87,305.17 29,200.00 58,105.17 30,829.00 (56,476.17) -183.2% 5100151 COS•GS-Soft Goods 9,239.86 9,165.00 74.86 88,924.33 87,600.00 1,324.33 92,489.00 3,564.67 3.9% 5100152 COS-GS-Purchase Disc (47.82) (611.00) 563.18 (1,606.00) (5,800.00) 4,194.00 (6,166.00) (4,560.00) 74.0% 5100220 COS-GS-Freight Merch 536.66 183.00 353.66 6,676.54 1,800.00 4,876.54 1,850.00 (4,826.54) -260.9% Cost of Sales - Golf Shop 55,537.20 11,792.00 43,745.20 181,300.04 112,800.00 68,500.04 119,002.00 (62,298.04) •52.4% Gross Profit (25,989.49) 9,279.00 (35,268.49) 64,572.53 88,500.00 (23,927.47) 93,617.00 37,945.41 40.5% COS % 188.0% 56.0% -132.0% 73.7% 56.0% •17.7% 53.1% 255.8% 481.9% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 239.40 826.00 (586.60) 5,071.05 9,100.00 (4,028.95) 9,912.00 4,840.95 48.8% 6101325 Insurance -Workers Comp 1,013.76 1,063.00 (49.24) 10,837.72 10,900.00 (62.28) 11,980.00 1,142.28 9.5% 6101720 Salaries 5,769.24 5,957.00 (187.76) 65,216.16 65,500.00 (283.84) 65,000.00 (216.16) -0.3% 6101800 Taxes -Employer Payroll 1,278.20 1,387.00 (108.80) 15,779.49 14,200.00 1,579.49 13,896.00 (1,883.49) •13.6% 6101880 Wages -Hourly 10,506.98 8,272.00 2,234.98 97,650.96 80,600.00 17,050.96 97,112.00 (538.96) -0.6% 6101882 Wages -Overtime - - - 365.80 - 365.80 - (365.80) 0.0% Total -PS-SALARIES & BENEFITS 18,807.58 17,505.00 1,302.58 194,921.18 180,300.00 14,621.18 197,900.00 2,978.82 1.5% 61-PS OTHER EXPENSES 6103742 Supplies -Expendable • - • - - - - • 0.0% 6103762 Supplies -Office - 250.00 (250.00) 1,761.52 2,800.00 (1,038.48) 3,000.00 1,238.48 41.3% 6109220 Freight & Delivery •- 128.58 100.00 28.58 75.00 (53.58) -71.4% 6109490 Miscellaneous - 500.00 (500.00) 2,630.07 5,500.00 (2,869.93) 6,000.00 3,369.93 56.2% 6109150 Dues and Subscriptions 562.00 2,300.00 (1,738.00) 1,582.00 2,300.00 (718.00) 2,300.00 718.00 31.2% 6109500 ProShop-Over/Short (4.55) - (4.55) 11.22 - 11.22 - (11.22) 0.0% 6109722 Seminars/Training - 1,250.00 (1,250.00) - 3,700.00 (3,700.00) 3,690.00 3,690.00 100.0% 6109810 Travel - Merchandise - 15.00 (15.00) - 100.00 (100.00) 90.00 90.00 100.0% 6109820 Uniforms 873.39 200.00 673.39 2,310.62 2,200.00 110.62 2,400.00 89.38 3.7% 6117840 Telephones 118.23 110.00 8.23 1,389.01 1,200.00 189.01 1,320.00 (69.01) •5.2% Total - Other Expenses 1,549.07 4,625.00 3,075.93 9,813.02 17,900.00 (8,086.98) 18,875.00 9,061.98 48.0% Total Expenses -Golf Shop 20,356.65 22,130.00 (1,773.35) 204,734.20 198,200.00 6,534.20 216,775.00 12,040.80 5.6% Net Income (46,346.14) (12,851.00) (33,495.14) (140,161.67) (109,700.00) (30,461.67) (123,158.00) 25 904.61 -21.0% Course SilverRock Resort Maintenance Expense Statement May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 7,019.89 10,164.00 (3,144.11) 61,879.56 102,700.00 (40,820.44) 112,882.00 51,002.44 45.2% 6311325 Insurance -Workers Comp 3,405.44 3,504.00 (98.56) 34,644.21 33,800.00 844.21 37,437.00 2,792.79 7.5% 6311720 Salaries 14,691.38 16,667.00 (1,975.62) 172,206.90 183,300.00 (11,093.10) 1 200,000.00 27,793.10 13.9% 6311800 Taxes -Employer Payroll 3,250.72 7,591.00 (4,340.28) 45,552.11 73,900.00 (28,347.89) 81,715.00 36,162.89 44.3% 6311880 Wages -Hourly 61,449.73 60,601.00 848.73 636,825.60 555,608.00 81,217.60 462,328.00 (174,497.60) -37.7% 6311882 Wages -Overtime 1,336.88 - 1,336.88 29,032.19 18,500.00 10,532.19 18,500.00 (10,532.19) -56.9% Total -CM -SALARIES & BENEFITS 91,154.04 98,527.00 (7,372.96) 980,140.57 967,808.00 12,332.57 912,862.00 (67,278.571 -7.4% 63-CM-SUPPLIES & MATERIALS 6313734 Chemicals 18,983.69 2,200.00 16,783.69 46,474.86 43,600.00 2,874.86 50,060.00 3,585.14 7.2% 6313744 Fertilizer 6,391.24 3,350.00 3,041.24 98,705.84 96,800.00 1,905.84 110,340.00 11,634.16 10.5% 6313745 Herbicides - - - - - - - - 0.0% 6313746 FlowerslPlants 6,046.14 - 6,046.14 12,111.59 3,100.00 9,011.59 3,050.00 (9,061.59) -297.1% 6313748 Fuel -Gasoline 7,038.23 4,250.00 2,788.23 71,659.10 49,600.00 22,059.10 53,800.00 (17,859.10) -33.2% 6313750 Golf Course Accessories 290.87 - 290.87 12,301.40 13,100.00 (798.60) 13,140.00 838.60 6.4% 6313756 POA Control - - - - 9,900.00 (9,900.00) 9,900.00 9,900.00 100.0% 6313758 Miscellaneous Supp 791.70 100.00 691.70 10,198.46 4,300.00 5,898.46 4,350.00 (5,848.46) -134.4% 6313762 Supplies -Office - - - 6,232.18 - 6,232.18 - (6,232.18) 0.0% 6313774 Sand 1,476.52 100.00 1,376.52 28,025.26 13,400.00 14,625.26 13,460.00 (14,565.26) -108.2% 6313776 Seed - - - 186,799.35 325,000.00 (138,200.65) 325,000.00 138,200.65 42.5% 6313778 Small Tools & Non -Capital Equip 136.23 100.00 36.23 3,553.41 4,900.00 (1,346.59) 5,000.00 1,446.59 28.9% 6313780 Sod - 1,250.00 (1,250.00) 13,696.31 12,100.00 1,596.31 15,500.00 1,803.69 11.6% 6313782 Topdressing 449.20 1,500.00 (1,050.80) 8,451.11 8,500.00 (48.89) 10.000.00 1,548.89 15.5% Total -CM -SUPPLIES & MATERIALS 41,603.82 12,850.00 28,753.82 498,208.87 584,300.00 (86,091.13) 613,600.00 115,391.13 18.8% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Maint 4,100.00 3,850.00 250.00 53,998.00 27,000.00 26,998.00 30,800.00 (23,198.00) -75.3% 6315685 CM-R&M-Bldngs & Othr Structures 234.98 250.00 (15.02) 4,957.20 5,300.00 (342.80) 5,550.00 592.80 10.7% 6315690 CM -R&M -Equipment 6,121.32 2,500.00 3,621.32 61,959.13 36,000.00 25,959.13 38,500.00 (23,459.13) -60.9% 6315692 CM -R&M -Irrigation System 3,749.20 1,000.00 2,749.20 29,231.47 18,100.00 11,131.47 19,050.00 (10,181.47) -53.4% 6315696 CM -R&M -Pumps 1,937.66 500.00 1,437.66 6,723.37 10,500.00 (3,776.63) 10,500.00 3,776.63 36.0% 6315815 CM -R&M -Trees -Pruning Etc - - - 16,890.00 14,100.00 2,790.00 14,050.00 (2,840.00) -20.2% Total -CM -REPAIRS & MAINTENANCE 16,143.16 8,100.00 8,043.16 173,759.17 111,000.00 62,759.17 118.450.00 (55,309.171 -46.7% 6317836 Utilities -Natural Gas/LPG 27.81 15.00 12.81 303.29 200.00 103.29 180.00 (123.29) 0.0% 6317840 Telephones 1,215.53 850.00 365.53 13,373.13 9,400.00 3,973.13 10,200.00 (3,173.131 -31.1% Total -CM -UTILITIES 1,243.34 865.00 378.34 13,676.42 9,600.00 4,076.42 10.380.00 (3,296.421 -31.8% 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 4,400.00 4,400.00 - 4,800.00 400.00 8.3% 6319100 Contract Svcs-Soil/Tissue Test 3,372.66 1,000.00 2,372.66 3,592.66 2,000.00 1,592.66 2,000.00 (1,592.66) -79.6% 6319102 Contract Svcs -Trash Removal - 524.00 (524.00) 1,759.53 5,800.00 (4,040.47) 6,288.00 4,528.47 72.0% 6319150 Dues & Subscriptions 299.50 - 299.50 2,789.50 600.00 2,189.50 680.00 (2,109.50) -310.2% 6319170 Employee Education - 50.00 (50.00) 325.00 3,900.00 (3,575.00) 3,900.00 3,575.00 91.7% 6319197 Equipment Rental - 200.00 (200.00) 1,901.81 3,300.00 (1,398.19) 3,400.00 1,498.19 44.1% 6319206 Licenses & Permits 2,403.00 - 2,403.00 4,000.91 4,300.00 (299.09) 4,300.00 299.09 7.0% 6319490 Miscellaneous 173.76 100.00 73.76 656.12 1,100.00 (443.88) 1,200.00 543.88 45.3% 6319718 Safety Equipment & Training 172.52 100.00 72.52 3,663.92 3,800.00 (136.08) 3,850.00 186.08 4.8% 6319822 Uniforms - 920.00 (920.00) 969.02 10,100.00 (9,130.98) 11,040.00 10,070.98 91.2% Total -CM -OTHER EXPENSES 6,821.44 3,294.00 3,527.44 24,058.47 39,300.00 (15,241.53) 41,458.00 17,399.53 41.97% SilverRock Resort Course Maintenance Expense Statement May 2023 Month to Date Year to Date Annual Budget _ May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-LANDSCAPE MAINTENANCE 632-CM-LM-SALARIES & BENEFITS 6321320 Insurance -Group 3,098.68 2,478.00 620.68 19,332.11 22,700.00 (3,367.89) 25,193.00 5,860.89 23.3% 6321325 Insurance -Workers Comp 528.96 600.00 (71.04) 7,058.64 6,600.00 458.64 7,147.00 88.36 1.2% 6321800 Taxes -Employer Payroll 915.62 1,300.00 (384.38) 12,366.37 14,300.00 (1,933.63) 15,595.00 3,228.63 20.7% 6321880 Wages -Hourly 13,110.00 13,334.00 (224.00) 155,436.00 143,600.00 11,836.00 156,528.00 1,092.00 0.7% 6321882 Wages -Overtime 1,027.50 - 1,027.50 9,665.52 3,400.00 6,265.52 3.418.00 (6,247.521 -182.8% Total-CM-LM-SALARIES & BENEFITS 18,680.76 17,712.00 968.76 203,858.64 190,600.00 13,258.64 207,881.00 4,022.36 1.9% 632-CM-LM-SUPPLIES & MATERIALS 6323778 Small Tools - 75.00 (75.00) 1,451.92 1,000.00 451.92 1,025.00 (426.92) -41.7% 6323788 Uniforms - 290.00 (290.00) - 3,200.00 (3,200.00) 3.480.00 3,480.00 100.0% Total-CM-LM-SUPPLIES & MATERIALS - 365.00 (365.00) 1,451.92 4,200.00 (2,748.08) 4,505.00 3,053.08 67.8% 632-CM-LM-REPAIRS & MAINTENANCE 6325687 CM-LM-R&M-Drip Irrigation - 250.00 (250.00) 3,872.00 3,800.00 72.00 4,250.00 378.00 8,9/ Total-CM-LM-REPAIRS & MAINTENANCE - 250.00 (250.00) 3,872.00 3,800.00 72.00 4.250.00 378.00 8.9% Total -COURSE MAINTENANCE 175.646.56 141.963.00 33,683.56 1.899.026.06 1.910.608.00 (11,581.94) 1.913.386.00 14,359.94 0.8% Silverrock Resort Course Maintenance Water & Energy May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 21,569.69 8,263.03 13,500.00 13,250.00 8,069.69 (4,986.97) 201,563.97 86,043.96 130,700.00 106,000.00 70,863.97 (19,956.04) 144,810.00 (56,753.97) 115,484.00 29,440.04 -39.2% 25.5% -10.5% 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total -CM -WATER & ENERGY 29,832.72 26,750.00 3,082.72 287,607.93 236,700.00 50 907.93 260 294.00 (27 313.931 SilverRock Resort Outside Services Expense Statement May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 641-CBR-SALARIES & BENEFITS 6411320 Insurance -Group 500.77 826.00 (325.23) 5,465.80 9,100.00 (3,634.20) 9,912.00 4,446.20 44.9% 6411325 Insurance -Workers Comp 1,447.52 1,487.00 (39.48) 16,681.82 18,300.00 (1,618.18) 19,271.00 2,589.18 13.4% 6411800 Taxes -Employer Payroll 2,152.55 2,478.00 (325.45) 26,066.72 30,500.00 (4,433.28) 32,119.00 6,052.28 18.8% 6411880 Wages -Hourly 21,145.99 19,900.00 1,245.99 221,877.80 244,700.00 (22,822.20) 257,980.00 36,102.20 14.0% 6411882 Wages -Overtime 978.77 - 978.77 15,163.78 - 15,163.78 - (15,163.781 0.0% Total-CBR-SALARIES & BENEFITS 26,225.60 24,691.00 1,534.60 285,255.92 302,600.00 17( 344.08) 319,282.00 34,026.08 10.7% 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts - 50.00 (50.00) 1,008.75 1,800.00 (791.25) 1,850.00 ' 0.0% 6413742 Supplies -Expendable 1,244.46 500.00 744.46 5,554.45 6,300.00 (745.55) 6,750.00 1,195.55 17.7% 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) - 500.00 (500.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary - 70.00 (70.00) - 400.00 (400.00) 420.00 420.00 100.0% 6413786 Supplies -Towels 400.00 250.00 150.00 4,686.83 2,100.00 2,586.83 2,182.00 (2,504.83) -114.8% 6413796 Supplies -Bottled Water 12,245.04 2,500.00 9,745.04 30,577.36 27,500.00 3,077.36 30,000.00 (577.36) -1.9% Total-CBR-SUPPLIES & MATERIALS 13,889.50 3,420.00 10,469.50 54,551.14 48,600.00 5,951.14 51,727.00 (3,665.391 -7.1% 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 1,265.17 300.00 965.17 16,982.24 3,300.00 13,682.24 3,600.00 (13,382.24) -371.7% 6415695 CBR-R&M-Cart Maintenance & Repair 1,257.25 1,503.00 (245.75) 19,580.38 16,500.00 3,080.38 18,036.00 (1,544.381 -8.6% Total-CBR-REPAIRS & MAINTENANCE 2,522.42 1,803.00 719.42 36,562.62 19,800.00 16,762.62 21,636.00 (14,926.621 -69.0% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 3,007.76 800.00 2,207.76 18,959.76 8,800.00 10,159.76 9,600.00 (9,359.76) -97.5% 6419220 Freight/Delivery - - - - 500.00 (500.00) 450.00 450.00 100.0% 6419490 Miscellaneous 192.85 600.00 (407.15) 4,266.70 6,600.00 (2,333.30) 7,200.00 2,933.30 40.7% 6419820 Uniforms 960.00 1,500.00 (540.00) 7,554.67 5,000.00 2,554.67 5 200.00 (2 354.671 -45.3% Total-CBR-OTHER EXPENSES 4,160.61 2,900.00 1,260.61 30,781.13 20,900.00 9,881.13 22,450.00 (8,331.131 -37.1% TOTAL-CARTS,BAGROOM & RANGE 46,798.13 32,814.00 1,260.61 407,150.81 391,900.00 15,250.81 415,095.00 7,102.94 1.7% 643-CS-SALARIES & BENEFITS 6431320 Insurance -Group - - - - - - - - 0.0% 6431325 Insurance -Workers Comp 552.72 394.00 158.72 6,015.33 6,600.00 (584.67) 7,042.00 1,026.67 14.6% 6431800 Taxes -Employer Payroll 1,137.69 514.00 623.69 10,993.38 8,700.00 2,293.38 9,192.00 (1,801.38) -19.6% 6431880 Wages -Hourly 9,212.60 5,270.00 3,942.60 86,617.44 89,000.00 (2,382.56) 94,275.00 7,657.56 8.1% 6431882 Wages -Overtime - - - - - - - - 0.0% Total -CS -SALARIES & BENEFITS 10,903.01 6,178.00 4,725.01 103,626.15 104,300.00 (673.85) 110,509.00 6,882.85 6.2% 643-CS-OTHER EXPENSES 6433742 Supplies Expendable - 75.00 (75.00) 41.10 1,000.00 (958.90) 1,050.00 1,008.90 96.1% 6439490 Miscellaneous - - - 250.03 200.00 50.03 200.00 (50.03) -25.0% 6439718 Safety Equipment & Training - 50.00 (50.00) - 600.00 (600.00) 600.00 600.00 100.0% 6439820 Uniforms 400.00 75.00 325.00 2,976.18 2,100.00 876.18 2,125.00 (851.18) -40.1% Total -CS -OTHER EXPENSES 400.00 200.00 200.00 3,267.31 3,900.00 (632.69) 3,975.00 707.69 17.8% Total -COURSE SERVICES 11,303.01 6,378.00 4,925.01 106,893.46 108,200.00 (1,306.54) 114,484.00 7,590.54 6.6% TOTAL OUTSIDE SERVICES 58,101.14 39,192.00 18,909.14 514,044.27 500,100.00 13,944.27 529,579.00 13,985.79 2.6% SilverRock Resort Clubhouse Expense Statement May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 400.00 400.00 - 4,400.00 4,400.00 - 4,800.00 400.00 8.3% Total -CH -SUPPLIES & MATERIALS 400.00 400.00 - 4,400.00 4,400.00 - 4,800.00 400.00 8.3% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 1,476.25 1,180.00 296.25 12,112.39 11,000.00 1,112.39 12,180.00 67.61 0.6c/0 6507840 Utilities -Telephone 1,676.23 1,150.00 526.23 16,207.68 12,700.00 3,507.68 13,800.00 (2,407.68) -17.4% 6507842 Utilities -Water 473.02 321.00 152.02 6,138.67 3,500.00 2,638.67 3,852.00 (2,286.67) -59.4% 6507844 Utilities -Cable 721.59 380.00 341.59 4,321.71 4,200.00 121.71 4,560.00 238.29 5.2c/0 Total -CH -UTILITIES 4,347.09 3,031.00 1,316.09 38,780.45 31,400.00 7,380.45 34,392.00 (4,388.45) -12.8% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 3,117.01 400.00 2,717.01 33,670.06 4,400.00 29,270.06 4,800.00 (28,870.06) -601.5% 6509099 Contract Services -Security 6,774.54 5,000.00 1,774.54 69,597.28 55,000.00 14,597.28 60,000.00 (9,597.28) -16.0% 6509215 Flowers & Decorations - - - - 1,500.00 (1,500.00) 1,900.00 1,900.00 100.0% 6509718 Safety Equipment & Training - 100.00 (100.00) - 1,100.00 (1,100.00) 1,200.00 1,200.00 100.0% Total -CH -OTHER EXPENSES 9,891.55 5,500.00 4,391.55 103,267.34 62,000.00 41,267.34 67,900.00 (35,367.34) -52.1% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 620.59 300.00 320.59 5,574.50 3,300.00 2,274.50 3,600.00 (1,974.50) -54.8% 6515686 CH -R&M -Restaurant Repairs - 700.00 (700.00) 2,307.24 7,700.00 (5,392.76) 8,400.00 6,092.76 72.5% 6515690 CH -R&M -Equipment Repair - 700.00 (700.00) 1,075.82 7,700.00 (6,624.18) 8,400.00 7,324.18 87.2% Total -CH -REPAIRS & MAINTENANCE 620.59 1,700.00 (1,079.41) 8,957.56 18,700.00 (9,742.44) 20,400.00 11,442.44 56.1% Total CLUBHOUSE 15,259.23 10,631.00 4,628.23 155,405.35 116,500.00 38,905.35 127,492.00 22,884.88 18.0% SilverRock Resort Marketing Expense Statement May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320 Insurance -Group 413.00 413.00 - 2,344.80 2,500.00 (155.20) 2,891.00 546.20 18.9% 6601325 Insurance -Workers Comp 90.00 93.00 (3.00) 1,769.47 1,000.00 769.47 1,121.00 (648.47) -57.8% 6601720 Salaries 1,250.00 1,250.00 - 15,000.00 13,800.00 1,200.00 15,000.00 - 0.0% 6601800 Tax -Employer Payroll 122.00 122.00 - 1,464.00 1,300.00 164.00 1,463.00 (1.00) -0.1% Total -MKT -SALARIES & BENEFITS 1,875.00 1,878.00 (3.00) 20,578.27 18,600.00 1,978.27 20,475.00 (103.27) -0.5% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office - 100.00 (100.00) 329.05 1,100.00 (770.95) 1,200.00 870.95 72.6% 6603768 Supplies -Printing & Stationery 727.29 125.00 602.29 4,811.63 4,300.00 511.63 4,425.00 (386.63) -8.7% Total -MKT -SUPPLIES & MARKETING 727.29 225.00 502.29 5,140.68 5,400.00 (259.32) 5,625.00 484.32 8.6% 66-MKT-UTILITIES 6607840 Utilities -Telephone 385.91 100.00 285.91 3,729.42 1,100.00 2,629.42 1,200.00 (2,529.42) -210.8% Total -MKT -UTILITIES 385.91 100.00 285.91 3,729.42 1,100.00 2,629.42 1,200.00 (2,529.42) -210.8% 1 66-MKT-OTHER EXPENSES 6609010 Advertising 3,997.50 10,906.00 (6,908.50) 108,608.04 144,000.00 (35,391.96) 151,133.00 42,524.96 28.1% 6609040 Business Meals - 25.00 (25.00) - 300.00 (300.00) 300.00 300.00 100.0% 6609080 Collateral Material - 1,000.00 (1,000.00) 16,309.40 4,500.00 11,809.40 5,500.00 (10,809.40) -196.5% 6609102 Contract Services -Web Page - 150.00 (150.00) 695.00 1,700.00 (1,005.00) 1,800.00 1,105.00 61.4% 6609490 Miscellaneous - 50.00 (50.00) 47.84 400.00 (352.16) 350.00 302.16 86.3% 6609620 Postage - 50.00 (50.00) - 600.00 (600.00) 600.00 600.00 100.0% 6609630 Promotion - - - 69.36 1,000.00 (930.64) 700.00 630.64 90.1% 6609633 Promotion-Cummunity - 75.00 (75.00) 15.79 2,200.00 (2,184.21) 2,250.00 2,234.21 99.3% 6609634 Promotion-Media/Vendor - 50.00 (50.00) - 700.00 (700.00) 1,000.00 1,000.00 100.0% 6609150 Dues & Subscriptions - - - 183.99 700.00 (516.01) 735.00 551.01 75.0% 6609820 Uniforms I - - - 138.39 600.00 (461.61) 600.00 461.61 76.9% Total -MKT -OTHER EXPENSES 3,997.50 12,306.00 (8,308.50) 126,067.81 156,700.00 (30,632.19) 164,968.00 38,900.19 23.6% TOTAL MARKETING 6,985.70 14,509.00 (7,523.30) 155,516.18 181,800.00 (26,283.82) 192,268.00 36,751.82 19.1% SilverRock Resort General and Administrative Expense Statement May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budge Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 3,265.81 3,143.00 122.81 33,727.44 34,600.00 (872.56) 37,716.00 3,988.56 10.6% 6701325 Insurance -Workers Comp 1,715.77 1,819.00 (103.23) 16,491.83 19,300.00 (2,808.17) 21,077.00 4,585.17 21.8% 6701720 Salaries 18,520.00 20,000.00 (1,480.00) 209,089.20 220,000.00 (10,910.80) 240,000.00 30,910.80 12.9% 6701800 Taxes -Employer Payroll 2,106.33 2,374.00 (267.67) 21,729.77 25,200.00 (3,470.23) 27,510.00 5,780.23 21.0% 6701880 Wages -Hourly 8,107.86 4,352.00 3,755.86 52,495.56 38,800.00 13,695.56 42,156.00 (10,339.56) -24.5% 6701882 Wages -Overtime 19.53 - - 165.16 - 165.16 165.16 - Total-G&A-SALARIES & BENEFITS 33,735.30 31,688.00 2,027.77 333,698.96 337,900.00 (4,201.04) 368,624.16 34,925.20 9.5% 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 286.74 500.00 (213.26) 2,880.51 5,500.00 (2,619.49) 6,300.00 3,419.49 54.3% 6703762 Supplies -Office 88.50 105.00 (16.50) 1,873.23 1,200.00 673.23 1,260.00 (613.23) -48.7% 6703768 Supplies -Printing & Stationery 429.55 400.00 29.55 1,738.28 2,900.00 (1,161.72) 3,300.00 1,561.72 47.3% Total-G&A-SUPPLIES & MATERIALS 804.79 1,005.00 (200.21) 6,492.02 9,600.00 (3,107.98) 10,860.00 4,367.98 40.2% 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment - 100.00 (100.00) - 1,800.00 (1,800.00) 1,900.00 1,900.00 100.0% Total-G&A-REPAIRS & MAINTENANCE - 100.00 (100.00) - 1,800.00 (1,800.00) 1,900.00 1,900.00 100.0% 67-G&A-OTHER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 - 5,500.00 5,500.00 - 6,000.00 500.00 8.3% 6709090 Contract Services - - - - - - - 0.0% 6709150 Dues & Subscriptions - 50.00 (50.00) 497.42 1,000.00 (502.58) 1,550.00 1,052.58 67.9% 6709180 Employee Recruiting/Relocation - - - 2,131.13 1,200.00 931.13 1,200.00 (931.13) -77.6% 6709197 Equipment Rental 1,153.48 550.00 603.48 8,427.90 6,100.00 2,327.90 6,600.00 (1,827.90) -27.7% 6709202 Fees -Bank 56.53 90.00 (33.47) 452.63 1,000.00 (547.37) 1,080.00 627.37 58.1% 6709208 Fees -Payroll Processing 1,391.94 1,000.00 391.94 14,702.07 11,000.00 3,702.07 12,000.00 (2,702.07) -22.5% 6709220 Freight/Delivery - 50.00 (50.00) - 600.00 (600.00) 600.00 600.00 100.0% 6709490 Miscellaneous 89.65 100.00 (10.35) 542.31 5,900.00 (5,357.69) 6,000.00 5,457.69 91.0% 6709620 Postage/Mail Services 160.68 75.00 85.68 1,392.41 800.00 592.41 900.00 (492.41) -54.7% 6709625 Professional Fees 1,106.50 1,500.00 (393.50) 19,578.41 26,500.00 (6,921.59) 28,000.00 8,421.59 30.1% 6709636 PromotionlEntertainment - 100.00 (100.00) 762.60 1,100.00 (337.40) 1,200.00 437.40 36.5% 6709722 Seminars & Training 562.00 200.00 362.00 2,066.27 3,200.00 (1,133.73) 3,400.00 1,333.73 39.2% 6709810 Travel - 500.00 (500.00) - 900.00 (900.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms - 75.00 (75.00) 658.90 1,000.00 (341.10) 1,050.00 391.10 37.2% Total-G&A-OTHER EXPENSES 5,020.78 4,790.00 230.78 56,712.05 65,800.00 (9,087.95) 70,680.00 13,967.95 19.8% Total -GENERAL & ADMINISTRATIVE 39 560.87 37,583.00 1,977.87 396,903.03 415,100.00 (18,196.97) 452,064.16 55161.13 12.2% Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement May 2023 Month to Date Year to Date Annual Budget May 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 68-LEASES 6800192 Equipment Leases -Carts 10,465.09 12,000.00 (1,534.91) 116,848.34 132,000.00 (15,151.66) 144,000.00 27,151.66 18.9% 6800193 Equipment Leases -Maintenance 18,310.28 15,900.00 2,410.28 209,275.17 174,900.00 34,375.17 190,800.00 (18,475.17) -9.7% 6800196 Equipment Leases-GPS 2,640.00 2,900.00 (260.00) 29,040.00 31,900.00 (2,860.00) 34,800.00 5,760.00 16.6% 6800197 Equipment Leases -Others 1,040.38 1,950.00 (909.62) 11,401.83 18,300.00 (6,898.17) 20,200.00 8,798.17 0.0% Total -LEASES 32,455.75 32,750.00 (294.25) 366,565.34 357,100.00 9,465.34 389,800.00 23,234.66 6.0% 69-MISC OTHER EXPENSES 6900096 Contract Srvcs-Management Fee 10,374.00 10,374.00 - 114,114.00 114,100.00 14.00 124,488.00 10,374.00 8.3% 6900800 Personal Property Taxes - - - 9,069.94 11,800.00 (2,730.06) 11,800.00 2,730.06 23.1% 6900323 Insurance -Commercial 13,326.37 5,917.00 7,409.37 100,476.83 65,100.00 35,376.83 71,004.00 (29,472.83) -41.5% 6900210 FF&E Reserve 8,155.81 6,274.00 1,881.81 78,856.55 72,100.00 6,756.55 74,907.00 (3,949.55) -5.3% Total-MISC OTHER EXPENSES 31,856.18 22,565.00 9,291.18 302,517.32 263,100.00 39,417.32 282,199.00 (20,318.32) -7.2% 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 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 Media Sales Promotion Golf Industry VIP Celebrity PGA Comp 15 Charity/Gift Certificate 8 Rain/Wind Checks 13 Club Staff 29 LQ HS Golf 7 15 16 4 4 15 24 4 14 24 19 58 91 8 32 32 65 46 55 109 157 0