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09 March 2023 SilverRock Resort - Monthly Financial StatementSILVERROCK® RESORT Monthly Financial Statements July 1, 2022 - March 2023 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 March 2023 Month to Date Year to Date Annual Budget Percentages G/L # Series account Description March Unfavorable (-) Annual 2023 Final Budget Variance Favorable (+1 Final Budget Variance Budget Unemcumb. % Bdgt Income I 400000 Golf Green Fee Revenue 723,763.34 567,630.00 156,133.34 27.5% 3,041,678.13 2,834,831.00 206,847.13 3,745,355.00 703,676.87 81% 401000 Miscellaneous Golf Revenue 31,475.00 37,525.00 (6,050.00) -16.1% 210,087.50 230,325.00 (20,237.50) 307,480.00 97,392.50 68% 410000 Revenue -Golf Shop 38,145.92 29,150.00 8,995.92 30.9% 186,186.37 153,350.00 32,836.37 212,618.00 26,431.63 88% 420000 Food & Beverage Revenue 105,700.41 113,950.00 (8,249.59) -7.2% 476,775.12 429,650.00 47,125.12 585,382.00 108,606.88 81% Total Income 899,084.67 748,255.00 150,829.67 20.2% 3,914,727.35 3,648,156.00 266,571.35 4,850,835.00 936,107.88 81% Cost of Goods Sold 510000 COS -Golf Shop 1 21,788.83 18,006.00 3,782.83 -21.0% 109,829.76 87,476.00 (22,353.76) 119,002.00 9,172.24 92% 520000 COS -Food & Beverage 37,753.67 36,856.00 897.67 -2.4% 174,920.55 148,271.00 (26,649.55) 199,408.00 24,487.45 88% Total COS 59,542.50 54,992.0U 4,980.50 -85% 294,7511.31 235,747.UU (49,003.31) 319,410.00 9,172.24 89% Gross Profit 839,542.17 693,393.00 146,149.17 21.1% 3,629,977.04 3,412,409.00 217,568.04 4,532,425.00 926,935.64 80% Expenses 610000 Golf Pro Shop 29,237.82 19,719.00 9,518.82 -48.3% 163,412.02 157,221.00 6,191.02 216,775.00 53,362.98 75% 630000 Course Maintenance 197,379.94 148,898.00 48,481.94 -32.6% 1,578,260.72 1,610,377.00 (32,116.28) 2,070,664.00 492,403.28 76% 633000 Maintenance Water & Energy 25,297.52 18,950.00 6,347.52 -33.5% 233,560.13 187,085.00 46,475.13 260,294.00 26,733.87 90% 640000 Outside Services 74,576.96 60,348.00 14,228.96 -23.6% 406,194.59 403,361.00 2,833.59 529,580.00 123,385.41 77% 650000 Clubhouse 12,180.78 11,131.00 1,049.78 -9.4% 122,216.58 95,199.00 27,017.58 127,492.00 5,275.42 96% 660000 Marketing 17,932.49 18,051.00 (118.51) 0.7% 140,031.90 148,210.00 (8,178.10) 192,267.00 52,235.10 73% 670000 General & Administrative 47,730.97 39,282.00 8,448.97 -21.5% 312,919.63 340,075.00 (27,155.37) 451,899.00 138,979.37 69% 680000 Leases 32,455.75 32,750.00 (294.25) 0.9% 292,084.33 291,550.00 534.33 389,800.00 97,715.67 75% 690000 Miscellaneous Other Expense I 37,507.43 27,643.00 9,864.43 -35.7% 226,974.38 215,112.00 11,862.38 293,999.00 67,024.62 620000 Food & Beverage Expenses 73,844.26 53,496.00 20,348.26 -38.0% 381,862.86 325,682.00 56,180.86 453,954.00 72,091.14 77% Total Expenses 548,143.92 430,268.00 117,875.92 -27.4% 3,857,517.14 3,773,872.00 (83,645.14) 4,986,724.00 1,057,115.72 77% Net Income 291,398.25 263,125.00 28,273.25 13.8% (227,540.10) (361,463.00) 133,922.90 (454,299.00) (130,180.08) 50% 400000 Rounds of Golf P�e. Paid Rounds Played 6,208 5,300 908 17.1% 31,718 30,500 1,218 41,996 10,278 76% Ave $ Per Paid Round Green Fee 116.59 107.10 9.49 8.9% 95.90 92.95 2.95 89.18 (6.71) 108% Ave $ Per Paid Round Merchandise 6.14 5.50 0.64 11.7% 5.87 5.03 0.84 5.06 (0.81) 116% Ave $ Per Paid Miscellaneous 5.07 4.13 0.94 22.7% 6.62 3.67 2.95 7.32 0.70 90% 1 SilverRock Resort Statement of Fees - Revenue March 2023 Month to Date Year to Date Annual Budget Income March 2023 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 723,763.34 2,830.00 4,745.00 22,900.00 567,630.00 1,500.00 3,000.00 15,500.00 400.00 1,000.00 1,500.00 15,625.00 156,133.34 1,330.00 1,745.00 7,400.00 (400.00) (500.00) (15,625.00) 31,475.00 37,525.00 (6,050.00) 755,238.34 605,155.00 150,083.34 Total Income 1755,238.34 3,041,678.13 13,280.00 20,085.00 89,020.00 684.00 1,342.50 4,200.00 2,834,831.00 206,847.13 16,900.00 (3,620.00) 17,700.00 2,385.00 67,750.00 21,270.00 2,050.00 (1,366.00) 1,500.00 (157.50) 6,000.00 (1,800.00) 81,476.00 118,425.00 (36,949.00) 210,087.50 230,325.00 (20,237.50) 3,251,765.63 3,065,156.00 169,898.13 3,745,355.00 703,676.87 18.8% 18,180.00 4,900.00 27.0% 24,100.00 4,015.00 16.7% 87,850.00 (1,170.00) -1.3% 2,050.00 1,366.00 66.6% 2,500.00 1,157.50 46.3% 7,500.00 3,300.00 44.0% 0.0% 165,300.00 83,824.00 50.7% 307,480.00 97,392.50 31.7% 4,052,835.00 801,069.37 605,155.00 150,083.34 3,251,765.63 3,065,156.00 I 186, 609.63 19.8% 4,052,835.00I 801,069.37I 19.8% I 2 SilverRock Resort Golf Shop Income Statement March 2023 Month to Date Year to Date Annual Budget Income March 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous 870.74 - 870.74 5,963.93 - 5,963.93 0 0 0% 4100110 Sales Hard Goods 10,768.49 7,287.00 3,481.49 68,828.63 38,336.00 30,492.63 53,155.00 (15,673.63) -29.5% 4100112 Sales -Soft Goods 31,634.00 21,863.00 9,771.00 137,260.17 115,014.00 22,246.17 159,464.00 22,203.83 13.9% 5100639 GS•Discounts•Mdse (5,127.31) - (5,127.31) (25,866.36) • (25,866.36) • 25,866.36 0.0% Total Revenue Golf Shop 38,145.92 29,150.00 8,995.92 186,186.37 153,350.00 32,836.37 212,619.00 32,396.56 15.2% COS 5100150 COS-GS-Hard Goods 5,943.97 4,227.00 1,716.97 36,713.79 22,240.00 14,473.79 30,829.00 (5,884.79) -19.1% 5100151 COS-GS-Soft Goods 15,259.86 12,680.00 2,579.86 68,612.46 66,688.00 1,924.46 92,489.00 23,876.54 25.8% 5100152 COS-GS-Purchase Disc (29.28) 845.00 (874.28) (1,487.92) (2,785.00) 1,297.08 (6,166.00) (4,678.08) 75.9% 5100220 COS-GS-Freight Merch 614.28 254.00 360.28 5,991.43 1,333.00 4,658.43 1,850.00 (4,141.43) -223.9% Cost of Sales - Golf Shop 21,788.83 18,006.00 3,782.83 109,829.76 87,476.00 22,353.76 119,002.00 9,172.24 7.7% Gross Profit 16,357.09 11,144.00 5,213.09 76,356.61 65,874.00 10,482.61 93,617.00 23,224.32 24.8% COS % 57.1% 61.8% 4.7% 59.0% 57.0% -1.9% 53.1% 28.3% 53.3% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 746.76 826.00 (79.24) 4,497.37 7,434.00 (2,936.63) 9,912.00 5,414.63 54.6% 6101325 Insurance -Workers Comp 1,431.78 1,135.00 296.78 8,749.96 8,780.00 (30.04) 11,980.00 3,230.04 27.0% 6101720 Salaries 8,430.82 5,957.00 2,473.82 53,677.68 53,613.00 64.68 65,000.00 11,322.32 17.4% 6101800 Taxes -Employer Payroll 2,765.35 1,479.00 1,286.35 13,168.17 11,459.00 1,709.17 13,896.00 727.83 5.2% 6101880 Wages•Hourly 15,322.34 9,212.00 6,110.34 75,903.09 63,905.00 11,998.09 97,112.00 21,208.91 21.8% 6101882 Wages•Overtime 5.40 - 5.40 358.31 358.31 (358.31) 0.0% Total -PS-SALARIES & BENEFITS 28,702.45 18,609.00 10,093.45 156,354.58 145,191.00 11,163.58 197,900.00 41,545.42 21.0% 61-PS OTHER EXPENSES 6103742 Supplies -Expendable - - - - - - - - 0.0% 6103762 Supplies -Office 426.14 250.00 176.14 1,598.41 2,250.00 (651.59) 3,000.00 1,401.59 46.7% 6109220 Freight & Delivery - - - 128.58 75.00 53.58 75.00 (53.58) -71.4% 6109490 Miscellaneous - 500.00 (500.00) 1,950.13 4,500.00 (2,549.87) 6,000.00 4,049.87 67.5% 6109150 Dues and Subscriptions - - - 755.00 - 755.00 2,300.00 1,545.00 67.2% 6109500 ProShop-Over/Short 1.20 - 1.20 26.26 - 26.26 - (26.26) 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) 1,437.23 1,800.00 (362.77) 2,400.00 962.77 40.1% 6117840 Telephones 108.03 110.00 (1.97) 1,161.83 990.00 171.83 1,320.00 158.17 12.0% Total - Other Expenses 535.37 1,110.00 (574.63) 7,057.44 12,030.00 (4,972.56) 18,875.00 11,817.56 62.6% Total Expenses -Golf Shop 29,237.82 19,719.00 9,518.82 163,412.02 157,221.00 6,191.02 216,775.00 53,362.98 24.6% Net Income (12,880.73) (8,575.00) (4,305.73) (87,055.41) (91,347.00) 4 291.59 (123,158.00) (30,138.66) 24.5% Course SilverRock Resort Maintenance Expense Statement March 2023 Month to Date Year to Date Annual Budget March 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 10,205.35 10,164.00 41.35 48,499.46 82,390.00 (33,890.54) 112,882.00 64,382.54 57.0% 6311325 Insurance -Workers Comp 4,430.79 3,734.00 696.79 27,579.77 26,669.00 910.77 37,437.00 9,857.23 26.3% 6311720 Salaries 21,960.07 16,667.00 5,293.07 142,824.14 149,979.00 (7,154.86) 200,000.00 57,175.86 28.6% 6311800 Taxes -Employer Payroll 5,845.62 8,172.00 (2,326.38) 38,786.62 58,383.00 (19,596.38) 81,715.00 42,928.38 52.5% 6311880 Wages -Hourly 69,880.10 64,649.00 5,231.10 502,394.50 430,328.00 72,066.50 619,606.00 117,211.50 18.9% 6311882 Wages -Overtime 3,017.10 2,500.00 517.10 25,058.67 18,500.00 6,558.67 18,500.00 (6,558.67) -35.50/0 Total -CM -SALARIES & BENEFITS 115,339.03 105,886.00 9,453.03 785,143.16 766,249.00 18,894.16 1,070,140.00 284,996.84 26.6% 63-CM-SUPPLIES & MATERIALS 6313734 Chemicals 2,883.59 1,806.00 1,077.59 27,491.17 38,252.00 (10,760.83) 50,060.00 22,568.83 45.1 6313744 Fertilizer 11,031.21 3,370.00 7,661.21 89,030.35 83,690.00 5,340.35 110,340.00 21,309.65 19.3% 6313745 Herbicides - - - - - - - - 0.0% 6313746 Flowers/Plants - 100.00 (100.00) 6,065.45 2,950.00 3,115.45 3,050.00 (3,015.45) -98.9% 6313748 Fuel -Gasoline 2,866.93 4,250.00 (1,383.07) 59,125.41 41,050.00 18,075.41 53,800.00 (5,325.41) -9.9% 6313750 Golf Course Accessories - - - 12,010.53 12,460.00 (449.47) 13,140.00 1,129.47 8.6% 6313756 POA Control - - - - 9,900.00 (9,900.00) 9,900.00 9,900.00 100.0% 6313758 Miscellaneous Supp 1,553.87 100.00 1,453.87 7,782.67 4,050.00 3,732.67 4,350.00 (3,432.67) -78.9% 6313762 Supplies -Office 1,194.37 - 1,194.37 6,232.18 - 6,232.18 - (6,232.18) 0.0% 6313774 Sand 5,218.78 100.00 5,118.78 24,499.50 13,160.00 11,339.50 13,460.00 (11,039.50) -82.0% 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 - 100.00 (100.00) 3,417.18 4,700.00 (1,282.82) 5,000.00 1,582.82 31.7% 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 24,748.75 9,826.00 14,922.75 444,152.01 553,012.00 108,859.99) 613,600.00 169,447.99 27.6% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Mainl 17,479.00 - 17,479.00 45,798.00 19,250.00 26,548.00 30,800.00 (14,998.00) -48.7% 6315685 CM-R&M-Bldngs & Othr Structures 2,918.98 250.00 2,668.98 4,604.73 4,800.00 (195.27) 5,550.00 945.27 17.0% 6315690 CM -R&M -Equipment 2,529.16 2,000.00 529.16 53,499.78 31,500.00 21,999.78 38,500.00 (14,999.78) -39.0% 6315692 CM -R&M -Irrigation System 2,363.52 1,000.00 1,363.52 24,518.16 16,050.00 8,468.16 19,050.00 (5,468.16) -28.7% 6315696 CM -R&M -Pumps 62.40 1,000.00 (937.60) 4,785.71 9,000.00 (4,214.29) 10,500.00 5,714.29 54.4% 6315815 CM -R&M -Trees -Pruning Etc - 4,000.00 (4,000.00) 16,890.00 10,050.00 6,840.00 14,050.00 (2,840.00) .20,2/ Total -CM -REPAIRS & MAINTENANCE 25,353.06 8,250.00 17,103.06 150,096.38 90,650.00 59,446.38 118,450.00 (31,646.381 -26.7% 6317836 Utilities -Natural Gas/LPG 97.72 15.00 82.72 245.69 135.00 110.69 180.00 (65.69) 0.0% 6317840 Telephones 1,226.79 850.00 376.79 10,938.11 7,650.00 3,288.11 10,200.00 (738.111 -7.2% Total -CM -UTILITIES 1,324.51 865.00 459.51 11,183.80 7,785.00 3,398.80 10,380.00 (803.801 .7,7/ 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 3,600.00 3,600.00 - 4,800.00 1,200.00 25.0% 6319100 Contract Svcs-SoillTissue Test 220.00 - 220.00 220.00 1,000.00 (780.00) 2,000.00 1,780.00 89.0% 6319102 Contract Svcs -Trash Removal - 524.00 (524.00) 820.70 4,716.00 (3,895.30) 6,288.00 5,467.30 86.9% 6319150 Dues & Subscriptions 210.00 - 210.00 2,490.00 200.00 2,290.00 680.00 (1,810.00) -266.2% 6319170 Employee Education 2,400.00 (2,400.00) 325.00 3,750.00 (3,425.00) 3,900.00 3,575.00 91.7% 6319197 Equipment Rental 1,901.81 200.00 1,701.81 1,901.81 2,900.00 (998.19) 3,400.00 1,498.19 44.1% 6319206 Licenses & Permits 562.50 1,000.00 (437.50) 1,597.91 1,400.00 197.91 4,300.00 2,702.09 62.8% 6319490 Miscellaneous - 100.00 (100.00) 482.36 900.00 (417.64) 1,200.00 717.64 59.8% 6319718 Safety Equipment & Training 3,300.00 200.00 3,100.00 3,300.00 3,550.00 (250.00) 3,850.00 550.00 14.3% 6319822 Uniforms - 920.00 (920.00) 969.02 8,280.00 (7,310.98) 11,040.00 10,070.98 91.2% Total -CM -OTHER EXPENSES 6,594.31 5,744.00 850.31 15,706.80 30,296.00 (14,589.20) 41,458.00 25,751.20 62.11% 4 Course SilverRock Resort Maintenance Expense Statement March 2023 Month to Date Year to Date Annual Budget March 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-LANDSCAPE MAINTENANCE 632-CM-LM-SALARIES & BENEFITS 6321320 Insurance -Group 2,478.32 2,478.00 0.32 13,817.53 17,759.00 (3,941.47) 25,193.00 11,375.47 45.2% 6321325 Insurance -Workers Comp 640.83 600.00 40.83 5,948.68 5,385.00 563.68 7,147.00 1,198.32 16.8% 6321800 Taxes -Employer Payroll 1,406.63 1,300.00 106.63 10,504.42 11,777.00 (1,272.58) 15,595.00 5,090.58 32.6% 6321880 Wages -Hourly 13,800.00 13,334.00 466.00 129,126.00 117,386.00 11,740.00 156,528.00 27,402.00 17.5% 6321882 Wages -Overtime 1,822.50 - 1,822.50 7,258.02 3,418.00 3,840.02 3,418.00 (3,840.021 -112.3% Total-CM-LM-SALARIES & BENEFITS 20,148.28 17,712.00 2,436.28 166,654.65 155,725.00 10,929.65 207,881.00 41,226.35 19.9 632-CM-LM-SUPPLIES & MATERIALS 6323778 Small Tools - 75.00 (75.00) 1,451.92 800.00 651.92 1,025.00 (426.92) -41.7% 6323788 Uniforms - 290.00 (290.00) - 2,610.00 (2,610.00) 3,480.00 3,480.00 100.0% Total-CM-LM-SUPPLIES & MATERIALS - 365.00 (365.00) 1,451.92 3,410.00 (1,958.08) 4,505.00 3,053.08 67.8 632-CM-LM-REPAIRS & MAINTENANCE 6325687 CM-LM-R&M-Drip Irrigation 3,872.00 250.00 3,622.00 3,872.00 3,250.00 622.00 4,250.00 378.00 8.9% Total-CM-LM-REPAIRS & MAINTENANCE 3,872.00 250.00 3,622.00 3,872.00 3,250.00 622.00 4,250.00 378.00 8.9% Total -COURSE MAINTENANCE 197,379.94 148,898.00 48,481.94 1,578,260.72 1.610.377.00 (32,116.281 2,070,664.00 4 492,403.28 23.8% Silverrock Resort Course Maintenance Water 8 Energy March 2023 Month to Date Year to Date Annual Budget March 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 20,414.42 4,883.10 11,800.00 7,150.00 - 8,614.42 (2,266.90) 161,774.83 71,785.30 104,410.00 82,675.00 57,364.83 (10,889.70) 144,810.00 (16,964.83) 115,484.00 43,698.70 -11.7% 37.8% 10.3 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total -CM -WATER & ENERGY 25,297.52 18,950.00 6,347.52 233,560.13 187,085.00 46 475.13 260,294.00 26,733.87 5 SilverRock Resort Outside Services Expense Statement March 2023 Month to Date Year to Date Annual Budget March 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 641-CBR-SALARIES & BENEFITS 6411320 Insurance -Group 389.91 826.00 (436.09) 4,512.18 7,434.00 (2,921.82) 9,912.00 5,399.82 54.5% 6411325 Insurance -Workers Comp 2,537.79 2,360.00 177.79 12,874.30 14,427.00 (1,552.70) 19,271.00 6,396.70 33.2% 6411800 Taxes -Employer Payroll 5,003.51 3,934.00 1,069.51 21,334.83 24,051.00 (2,716.17) 32,119.00 10,784.17 33.6% 6411880 Wages -Hourly 36,703.78 31,605.00 5,098.78 176,145.22 193,225.00 (17,079.78) 257,980.00 81,834.78 31.7% 6411882 Wages -Overtime 2,934.26 - 2,934.26 12,852.36 - 12,852.36 - (12,852.36) 0.0% Total-CBR-SALARIES & BENEFITS 47,569.25 38,725.00 8,844.25 227,718.89 239,137.00 (11,418.11) 319,282.00 91,563.11 28,7% 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts - 50.00 (50.00) 1,008.75 1,700.00 (691.25) 1,850.00 ' 0.0% 6413742 Supplies -Expendable 833.03 150.00 683.03 3,821.04 5,600.00 (1,778.96) 6,750.00 2,928.96 43.4% 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) - 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 904.40 250.00 654.40 3,806.83 1,610.00 2,196.83 2,182.00 (1,624.83) -74,5% 6413796 Supplies -Bottled Water - 2,500.00 (2,500.00) 18,332.32 22,500.00 (4,167.68) 30,000.00 11,667.68 38,9% Total-CBR-SUPPLIES & MATERIALS 1,737.43 3,070.00 (1,332.57) 39,692.69 41,995.00 (2,302.31) 51,727.00 11,193.06 21.6% 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 3,763.15 300.00 3,463.15 15,422.91 2,700.00 12,722.91 3,600.00 (11,822.91) -328.4% 6415695 CBR-R&M-Cart Maintenance & Repair 1,216.00 1,503.00 (287.00) 17,107.13 13,527.00 3,580.13 18,036.00 928.87 5.2% Total-CBR-REPAIRS & MAINTENANCE 4,979.15 1,803.00 3,176.15 32,530.04 16,227.00 16,303.04 21,636.00 (10,894.041 -50.4% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 2,041.35 800.00 1,241.35 12,889.62 7,200.00 5,689.62 9,600.00 (3,289.62) -34.3% 6419220 Freight/Delivery - - - - 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous - 600.00 (600.00) 4,073.85 5,400.00 (1,326.15) 7,200.00 3,126.15 43.4% 6419820 Uniforms 266.91 500.00 (233.09) 6,197.92 3,500.00 2,697.92 5,200.00 (997.92) -19.2% Total-CBR-OTHER EXPENSES 2,308.26 1,900.00 408.26 23,161.39 16,550.00 6,611.39 22,450.00 (711.39) -3.2% TOTAL-CARTS,BAGROOM& RANGE 56,594.09 45,498.00 408.26 323,103.01 313,909.00 9,194.01 415,095.00 91,150.74 22,0% 643-CS-SALARIES & BENEFITS 6431320 Insurance -Group - - - - - - - - 0.0% 6431325 Insurance -Workers Comp 1,026.64 932.00 94.64 4,716.64 5,506.00 (789.36) 7,042.00 2,325.36 33.0% 6431800 Taxes -Employer Payroll 2,202.18 1,216.00 986.18 8,319.02 7,185.00 1,134.02 9,192.00 872.98 9.5% 6431880 Wages -Hourly 14,754.05 12,477.00 2,277.05 67,216.67 73,736.00 (6,519.33) 94,275.00 27,058.33 28.7% 6431882 Wages -Overtime - - - - - - - - 0.0% Total -CS -SALARIES & BENEFITS 17,982.87 14,625.00 3,357.87 80,252.33 86,427.00 (6,174.67) 110 509.00 30 256.67 27,4% 643-CS-OTHER EXPENSES 6433742 Supplies Expendable - 100.00 (100.00) 13.04 800.00 (786.96) 1,050.00 1,036.96 98.8% 6439490 Miscellaneous - - - 250.03 200.00 50.03 200.00 (50.03) -25.0% 6439718 Safety Equipment & Training - 50.00 (50.00) - 450.00 (450.00) 600.00 600.00 100.0% 6439820 Uniforms - 75.00 (75.00) 2,576.18 1,575.00 1,001.18 2,125.00 (451.18) -21.2% Total -CS -OTHER EXPENSES - 225.00 (225.00) 2,839.25 3,025.00 (185.75) 3,975.00 1,135.75 28.6"/0 Total -COURSE SERVICES 17,982.87 14,850.00 3,132.87 83,091.58 89,452.00 (6,360.42) 114,484.00 31,392.42 27.4% TOTAL OUTSIDE SERVICES 74,576.96 60,348.00 14,228.96 406,194.59 403,361.00 2,833.59 529,579.00 121 407.41 22.9% 6 SilverRock Resort Marketing Expense Statement March 2023 Month to Date Year to Date Annual Budget March 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320 Insurance -Group 413.00 413.00 - 1,518.80 1,652.00 (133.20) 2,891.00 1,372.20 47.5% 6601325 Insurance -Workers Comp 93.00 93.00 - 1,586.47 837.00 749.47 1,121.00 (465.47) -41.5% 6601720 Salaries 1,875.00 1,250.00 625.00 12,500.00 11,250.00 1,250.00 15,000.00 2,500.00 16.7% 6601800 Tax -Employer Payroll 183.00 121.00 62.00 1,220.00 1,089.00 131.00 1,463.00 243.00 16.6% Total -MKT -SALARIES & BENEFITS 2,564.00 1,877.00 687.00 16,825.27 14,828.00 1,997.27 20,475.00 3,649.73 17.8% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office - 100.00 (100.00) 297.99 900.00 (602.01) 1,200.00 902.01 75.2% 6603768 Supplies -Printing & Stationery 89.58 125.00 (35.42) 4,084.34 4,050.00 34.34 4,425.00 340.66 7.7% Total -MKT -SUPPLIES & MARKETING 89.58 225.00 (135.42) 4,382.33 4,950.00 (567.67) 5,625.00 1,242.67 22.1% 66-MKT-UTILITIES 6607840 Utilities -Telephone 200.52 100.00 100.52 3,142.99 900.00 2,242.99 1,200.00 (1,942.99) -161.9% Total -MKT -UTILITIES 200.52 100.00 100.52 3,142.99 900.00 2,242.99 1,200.00 (1,942.99) -161.9% 66-MKT-OTHER EXPENSES 6609010 Advertising 11,741.32 14,599.00 (2,857.68) 98,916.54 117,397.00 (18,480.46) 151,133.00 52,216.46 34.6% 6609040 Business Meals - 25.00 (25.00) - 225.00 (225.00) 300.00 300.00 100.0% 6609080 Collateral Material 3,337.07 500.00 2,837.07 16,309.40 3,000.00 13,309.40 5,500.00 (10,809.40) -196.5% 6609102 Contract Services -Web Page - 150.00 (150.00) - 1,350.00 (1,350.00) 1,800.00 1,800.00 100.0% 6609490 Miscellaneous - 50.00 (50.00) 47.84 250.00 (202.16) 350.00 302.16 86.3% 6609620 Postage - 50.00 (50.00) - 450.00 (450.00) 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 2,025.00 (2,009.21) 2,250.00 2,234.21 99.3% 6609634 Promotion-MediaNendor - 50.00 (50.00) - 550.00 (550.00) 1,000.00 1,000.00 100.0% 6609150 Dues & Subscriptions - 300.00 (300.00) 183.99 735.00 (551.01) 735.00 551.01 75.0% 6609820 Uniforms - 50.00 (50.00) 138.39 550.00 (411.61) 600.00 461.61 76.9% Total -MKT -OTHER EXPENSES 15,078.39 15,849.00 (770.61) 115,681.31 127,532.00 (11,850.69) 164,968.00 49,286.69 29.9% TOTAL MARKETING 17,932.49 18,051.00 (118.51) 140,031.90 148,210.00 (8,178.10) 192,268.00 52,236.10 27.2% 7 SilverRock Resort General and Administrative Expense Statement March 2023 Month to Date Year to Date Annual Budget March 2023 Final Budget Variance Final Budget Variance Annual Budge Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 3,026.74 3,143.00 (116.26) 27,251.42 28,287.00 (1,035.58) 37,716.00 10,464.58 27.7% 6701325 Insurance -Workers Comp 1,363.28 1,819.00 (455.72) 12,957.06 15,759.00 (2,801.94) 21,077.00 8,119.94 38.50/0 6701720 Salaries 27,049.40 20,000.00 7,049.40 172,049.20 180,000.00 (7,950.80) 240,000.00 67,950.80 28.3% 6701800 Taxes -Employer Payroll 2,778.17 2,374.00 404.17 17,598.50 20,477.00 (2,878.50) 27,510.00 9,911.50 36.0% 6701880 Wages -Hourly 7,977.03 4,351.00 3,626.03 38,075.72 30,047.00 8,028.72 42,156.00 4,080.28 9.7% 6701882 Wages -Overtime 30.45 - - 117.62 - 117.62 117.62 - Total-G&A-SALARIES & BENEFITS 42,225.07 31,687.00 10,507.62 268,049.52 274,570.00 (6,520.48) 368,576.62 100,527.10 27.3% 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 16.30 500.00 (483.70) 2,282.45 4,500.00 (2,217.55) 6,300.00 4,017.55 63.8% 6703762 Supplies -Office 195.64 105.00 90.64 1,560.93 945.00 615.93 1,260.00 (300.93) -23.9% 6703768 Supplies -Printing & Stationery - 400.00 (400.00) 860.90 2,100.00 (1,239.10) 3,300.00 2,439.10 73,9% Total-G&A-SUPPLIES & MATERIALS 211.94 1,005.00 (793.06) 4,704.28 7,545.00 (2,840.72) 10,860.00 6,155.72 56.7% 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 150.00 50.00 100.00 497.42 850.00 (352.58) 1,550.00 1,052.58 67.9% 6709180 Employee Recruiting/Relocation 140.00 200.00 (60.00) 1,706.53 1,200.00 506.53 1,200.00 (506.53) -42.2% 6709197 Equipment Rental 666.17 550.00 116.17 6,548.43 4,950.00 1,598.43 6,600.00 51.57 0.8% 6709202 Fees -Bank 47.07 90.00 (42.93) 341.50 810.00 (468.50) 1,080.00 738.50 68.4% 6709208 Fees -Payroll Processing 1,784.85 1,000.00 784.85 10,420.18 9,000.00 1,420.18 12,000.00 1,579.82 13.2% 6709220 Freight/Delivery - 50.00 (50.00) - 450.00 (450.00) 600.00 600.00 100.0% 6709490 Miscellaneous - 100.00 (100.00) 419.42 5,700.00 (5,280.58) 6,000.00 5,580.58 93.0% 6709620 Postage/Mail Services - 75.00 (75.00) 996.87 675.00 321.87 900.00 (96.87) -10.8% 6709625 Professional Fees 1,646.50 3,500.00 (1,853.50) 12,166.41 23,500.00 (11,333.59) 28,000.00 15,833.59 56.5% 6709636 PromotionlEntertainment - 100.00 (100.00) 512.60 900.00 (387.40) 1,200.00 687.40 57,3% 6709722 Seminars & Training - 200.00 (200.00) 1,504.27 2,800.00 (1,295.73) 3,400.00 1,895.73 55.8% 6709810 Travel - - - - 200.00 (200.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms 359.37 75.00 284.37 552.20 825.00 (272.80) 1,050.00 497.80 47.4% Total-G&A-OTHER EXPENSES 5,293.96 6,490.00 (1,196.04) 40,165.83 56,360.00 (16,194.17) 70,680.00 30,514.17 43_2% Total-GENER4L & ADMINISTRATIVE 47,730.97 39,282.00 8,448.97 312,919.63 340,075.00 (27,155.37) 452 016.62 139,096.99 30.8% 8 Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement March 2023 Month to Date Year to Date Annual Budget March 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) 95,918.16 108,000.00 (12,081.84) 144,000.00 48,081.84 33.4% 6800193 Equipment Leases -Maintenance 18,310.28 15,900.00 2,410.28 163,114.03 143,100.00 20,014.03 190,800.00 27,685.97 14.5% 6800196 Equipment Leases-GPS 2,640.00 2,900.00 (260.00) 23,760.00 26,100.00 (2,340.00) 34,800.00 11,040.00 31.7% 6800197 Equipment Leases -Others 1,040.38 1,950.00 (909.62) 9,292.14 14,350.00 (5,057.86) 20,200.00 10,907.86 0.0% Total -LEASES 32,455.75 32,750.00 (294.25) 292,084.33 291,550.00 534.33 389,800.00 97,715.67 25.1% 69-MISC OTHER EXPENSES 6900096 Contract Srvcs•Management Fee 10,374.00 10,374.00 - 93,366.00 93,366.00 - 124,488.00 31,122.00 25.0% 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 63,719.66 53,253.00 10,466.66 71,004.00 7,284.34 10.3% 6900210 FF&E Reserve 14,475.27 11,352.00 3,123.27 60,818.78 56,693.00 4,125.78 74,907.00 14,088.22 18.8% Total-M/SC OTHER EXPENSES 37,507.43 27,643.00 9,864.43 226,974.38 215,112.00 11,862.38 282,199.00 55,224.62 19.6% 9 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 24 4 24 19 8 65 46 55 0 0 0 10