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01 July 2023 SilverRock Resort - Monthly Financial StatementSILVERROCK® R E SORT Monthly Financial Statements July 1, 2023 - July 31, 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 Ft Administrative Expense Statement 8 Operating Leases Et Miscellaneous Expense Statement 9 Complimentary Report 10 1 SilverRock Resort Summary Operating Income Statement July 2023 Month to Date Year to Date Annual Budget Percentages GIL # Series Account Description July 2023 Unfavorable (-) Annual Final Budget Variance Favorable (+) Final Budget Variance Budget Unemcumb. % Bdgt Income 400000 Golf Green Fee Revenue 102,670.00 89,448.00 13,222.00 14.8% 102,670.00 89,448.00 13,222.00 4,110,847.00 4,008,177.00 2% 401000 Miscellaneous Golf Revenue 5,095.00 3,900.00 1,195.00 30.6% 5,095.00 3,900.00 1,195.00 156,180.00 151,085.00 3% 410000 Revenue -Golf Shop 10,936.71 5,365.00 5,571.71 103.9% 10,936.71 5,365.00 5,571.71 245,623.00 234,686.29 4% 420000 Food & Beverage Revenue 24,436.58 22,663.00 1,773.58 7.8% 24,436.58 22,663.00 1,773.58 710,099.00 685,662.42 3% Total Income 143,138.29 121,376.00 21,762.29 17.9% 143,138.29 121,376.00 21,762.29 5,222,749.00 5,079,610.71 3% Cost of Goods Sold 510000 COS -Golf Shop 5,650.44 3,003.00 2,647.44 •88.2% 5,650.44 3,003.00 (2,647.44) 137,475.00 131,824.56 4% 520000 COS -Food & Beverage 7,819.71 8,331.00 (511.29) 6.1% 7,819.71 8,331.00 511.29 218,834.00 211,014.29 4% Total COS 13,470.15 11,334.00 2,136.15 .18.8% 13,470.15 11,334.00 (2,136.15) 356,309.00 342,838.85 4% Gross Profit 129,668.14 110,042.00 19,626.14 17.8% 129,668.14 110,042.00 19,626.14 4,866,440.00 4,736,771.86 3% Expenses 610000 Golf Pro Shop 15,444.78 16,074.00 (629.22) 3.9% 15,444.78 16,074.00 (629.22) 259,447.00 244,002.22 6% 630000 Course Maintenance 112,762.43 142,089.00 (29,326.57) 20.6% 112,762.43 142,089.00 (29,326.57) 2,005,608.00 1,892,845.57 6% 633000 Maintenance Water & Energy 31,748.91 24,250.00 7,498.91 -30.9% 31,748.91 24,250.00 7,498.91 282,424.00 250,675.09 11% 640000 Outside Services 44,255.61 26,117.00 18,138.61 -69.5% 44,255.61 26,117.00 18,138.61 542,757.00 498,501.39 8% 650000 Clubhouse 14,515.54 15,301.00 (785.46) 5.1% 14,515.54 15,301.00 (785.46) 185,512.00 170,996.46 8% 660000 Marketing 1,860.83 4,540.00 (2,679.17) 59.0% 1,860.83 4,540.00 (2,679.17) 170,814.00 168,953.17 1% 670000 General & Administrative 47,270.41 41,361.00 5,909.41 •14.3% 47,270.41 41,361.00 5,909.41 472,307.00 425,036.59 10% 680000 Leases 32,456.03 32,636.00 (179.97) 0.6% 32,456.03 32,636.00 (179.97) 425,344.00 392,887.97 8% 690000 Miscellaneous Other Expense 31,158.79 26,798.00 4,360.79 -16.3% 31,158.79 26,798.00 4,360.79 343,521.00 312,362.21 620000 Food & Beverage Expenses 30,014.00 30,014.00 - 0.0% 30,014.00 30,014.00 - 491,697.00 461,683.00 9% Total Expenses 361,487.33 359,180.00 2,307.33 -0.6% 361,487.33 359,180.00 (2,307.33) 5,179,431.00 4,356,260.67 7% Net Income (231,819.19) (249,138.00) 17,318.81 35.1% (231,819.19) (249,138.00) 17,318.81 (312,991.00) 380,511.19 74% 400000 Rounds of Golf Played Paid Rounds Played 1,940 1,850 90 4.9% 1,940 1,850 90 41,996 40,056 5% Ave $ Per Paid Round Green Fee 52.92 48.35 4.57 9.5% 52.92 48.35 4.57 97.89 44.96 54% Ave $ Per Paid Round Merchandise 5.64 2.90 2.74 94.4% 5.64 2.90 2.74 5.85 0.21 96% Ave $ Per Paid Miscellaneous 2.63 2.11 0.52 24.6% 2.63 2.11 0.52 3.72 1.09 71% 1 SilverRock Resort Statement of Fees - Revenue July 2023 Month to Date Year to Date Annual Budget Income July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 4010000 Rider Fee 4040000 Club Rental 4050000 Driving Range 4060000 Handicap Fees 4090000 Ball Retriever/Subcontract 4091000 Golf Professional Rental Fee 4092000 Golf Lessons Total Miscellaneous Revenue Total Revenue Fees 102,670.00 1,105.00 1,725.00 2,265.00 89,448.00 1,000.00 800.00 1,600.00 13,222.00 105.00 925.00 665.00 500.00 (500.00) 5,095.00 3,900.00 1,195.00 107,765.00 93,348.00 14,417.00 102,670.00 1,105.00 1,725.00 2,265.00 89,448.00 1,000.00 800.00 1,600.00 13,222.00 105.00 925.00 665.00 500.00 (500.00) 5,095.00 3,900.00 1,195.00 107,765.00 93,348.00 14,417.00 3,745,355.00 18,180.00 24,100.00 87,850.00 2,050.00 2,500.00 7,500.00 3,642,685.00 17,075.00 22,375.00 85,585.00 2,050.00 2,500.00 7,500.00 97.3% 93.9% 92.8% 97.4% 100.0% 100.0% 100.0% 0.0% 142,180.00 137,085.00 96.4% 3,887,535.00 3,779,770.00 Total Income • 107,765.00 93,348.00 14,417.00 107,765.00 93,348.00 1 14,417.00 97.2% 3,887,535.001 3,779,770.001 97.2% I 2 SilverRock Resort Golf Shop Income Statement July 2023 Month to Date Year to Date Annual Budget Income July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous 1,198.14 - 1,198.14 1,198.14 - 1,198.14 0 0 0% 4100110 Sales Hard Goods 5,755.82 4,024.00 1,731.82 5,755.82 4,024.00 1,731.82 53,155.00 47,399.18 89.2% 4100112 Sales -Soft Goods 8,307.25 1,341.00 6,966.25 8,307.25 1,341.00 6,966.25 159,464.00 151,156.75 94.8% 5100639 GS -Discounts -Mdse (4,324.50) • (1,705.00) (4,324.50) - (4,324.50) 159,464.00 163,788.50 0.0% Total Revenue Golf Shop 10,936.71 5,365.00 8,191.21 10,936.71 5,365.00 5,571.71 372,083.00 362,344.43 97.4% COS 5100150 COS -GS -Hard Goods 2,459.30 778.00 1,681.30 2,459.30 778.00 1,681.30 43,829.00 41,369.70 94.4% 5100151 COS -GS -Soft Goods 3,145.93 2,334.00 811.93 3,145.93 2,334.00 811.93 98,880.00 95,734.07 96.8% 5100152 COS -GS -Purchase Disc - (156.00) 156.00 - (156.00) 156.00 (7,124.00) (7,124.00) 0.0% 5100220 COS•GS•Freight Merch 45.21 47.00 (1.79) 45.21 47.00 (1.79) 1,850.00 1,804.79 97.6% Cost of Sales - Golf Shop 5,650.44 3,003.00 2,647.44 5,650.44 3,003.00 2,647.44 137,435.00 131,784.56 95.9% Gross Profit 5,286.27 2,362.00 5,543.77 5,286.27 2,362.00 2,924.27 234,648.00 230,559.87 98.3% COS % 51.7% 56.0% 4.3% 51.7% 56.0% 4.3% 53.1% 36.4% 68.5% Expense 61 -PS -SALARIES & BENEFITS 6101320 Insurance Group 294.90 774.00 (479.10) 294.90 774.00 (479.10) 9,298.00 9,003.10 96.8% 6101325 Insurance•Workers Comp 408.66 979.00 (570.34) 408.66 979.00 (570.34) 15,959.00 15,550.34 97.4% 6101720 Salaries 5,769.24 6,436.00 (666.76) 5,769.24 6,436.00 (666.76) 77,250.00 71,480.76 92.5% 6101800 Taxes -Employer Payroll 1,081.14 1,174.00 (92.86) 1,081.14 1,174.00 (92.86) 19,129.00 18,047.86 94.3% 6101880 Wages -Hourly 7,824.90 5,601.00 2,223.90 7,824.90 5,601.00 2,223.90 118,936.00 111,111.10 93.4% 6101882 Wages -Overtime - - - - - - 0,0% Total -PS-SALARIES & BENEFITS 15,378.84 14,964.00 414.84 15,378.84 14,964.00 414.84 240,572.00 225,193.16 93.6% 61 -PS OTHER EXPENSES 6103742 Supplies -Expendable - - - - - - - - 0.0% 6103762 Supplies -Office 65.94 250.00 (184.06) 65.94 250.00 (184.06) 3,000.00 2,934.06 97.8% 6109220 Freight & Delivery - - - - - - 75.00 75.00 100.0% 6109490 Miscellaneous - 500.00 (500.00) - 500.00 (500.00) 6,000.00 6,000.00 100.0% 6109150 Dues and Subscriptions - - - - - - 2,300.00 2,300.00 100.0% 6109500 ProShop-Over/Short - - - - - - - - 0.0% 6109722 Seminars/Training - 150.00 (150.00) - 150.00 (150.00) 3,690.00 3,690.00 100.0% 6109810 Travel - Merchandise - - - - - - 90.00 90.00 100.0% 6109820 Uniforms - 100.00 (100.00) - 100.00 (100.00) 2,400.00 2,400.00 100.0% 6117840 Telephones - 110.00 (110.00) - 110.00 (110.00) 1,320.00 1,320.00 100.0% Total - Other Expenses 65.94 1,110.00 (1,044.06) 65.94 1,110.00 (1,044.06) 18,875.00 18,809.06 99.7% Total Expenses -Golf Shop 15,444.78 16,074.00 (629.22) 15,444.78 16,074.00 (629.22) 259,447.00 244,002.22 94.0% Net Income (10,158.51) (13,712.00) 3,553.49 (10,158.51) (13,712.00) 3,553.49 (24,799.00) (13,442.35) 54.2% SilverRock Resort Course Maintenance Expense Statement July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 63 -CM -SALARIES & BENEFITS 6311320 Insurance -Group 6,728.19 6,600.00 128.19 6,728.19 6,600.00 128.19 112,882.00 106,153.81 94.0% 6311325 Insurance -Workers Comp 1,098.86 2,895.00 (1,796.14) 1,098.86 2,895.00 (1,796.14) 37,437.00 36,338.14 97.1 6311720 Salaries 14,691.38 16,713.00 (2,021.62) 14,691.38 16,713.00 (2,021.62) 200,000.00 185,308.62 92.7% 6311800 Taxes -Employer Payroll 3,864.92 5,761.00 (1,896.08) 3,864.92 5,761.00 (1,896.08) 81,715.00 77,850.08 95.3% 6311880 Wages -Hourly 36,403.69 42,378.00 (5,974.31) 36,403.69 42,378.00 (5,974.31) 619,606.00 583,202.31 94.1% 6311882 Wages -Overtime 2,298.01 - 2,298.01 2,298.01 2,298.01 18,500.00 16,201.99 87.6% Total -CM -SALARIES & BENEFITS 65,085.05 74,347.00 (9,261.95) 65,085.05 74,347.00 (9,261.95) 1,070,140.00 1.005.054.95 919 63 -CM -SUPPLIES & MATERIALS 6313734 Chemicals 706.88 - 706.88 706.88 - 706.88 50,060.00 49,353.12 98.6% 6313744 Fertilizer 6,216.89 6,000.00 216.89 6,216.89 6,000.00 216.89 110,340.00 104,123.11 94.4% 6313745 Herbicides - 14,000.00 (14,000.00) - 14,000.00 (14,000.00) - - 0.0% 6313746 Flowers/Plants - - - - - - 3,050.00 3,050.00 100.0% 6313748 Fuel -Gasoline 4,935.12 5,700.00 (764.88) 4,935.12 5,700.00 (764.88) 53,800.00 48,864.88 90.8% 6313750 Golf Course Accessories - - - - - - 13,140.00 13,140.00 100.0 6313756 POA Control - - - - - - 9,900.00 9,900.00 100.0% 6313758 Miscellaneous Supp 300.41 1,000.00 (699.59) 300.41 1,000.00 (699.59) 4,350.00 4,049.59 93.1% 6313762 Supplies -Office - - - - - - - 0.0% 6313774 Sand - - - - - - 13,460.00 13,460.00 100.0% 6313776 Seed - - - - - - 325,000.00 325,000.00 100.0% 6313778 Small Tools & Non -Capital Equip 1,593.64 600.00 993.64 1,593.64 600.00 993.64 5,000.00 3,406.36 68.1% 6313780 Sod 7,166.64 7,500.00 (333.36) 7,166.64 7,500.00 (333.36) 15,500.00 8,333.36 53.8% 6313782 Topdressing - 3,000.00 (3,000.00) - 3,000.00 (3,000.00) 10,000.00 10,000.00 100.0% Total -CM -SUPPLIES & MATERIALS 20,919.58 37,800.00 (16,880.42) 20,919.58 37,800.00 (16,880.42) 613.600.00 592.680.42 96.6% 63 -CM -REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Mainl 4,100.00 5,143.00 (1,043.00) 4,100.00 5,143.00 (1,043.00) 30,800.00 26,700.00 86.7% 6315685 CM-R&M-Bldngs & Othr Structures 234.98 1,250.00 (1,015.02) 234.98 1,250.00 (1,015.02) 5,550.00 5,315.02 95.8% 6315690 CM -R&M -Equipment 5,463.81 2,000.00 3,463.81 5,463.81 2,000.00 3,463.81 38,500.00 33,036.19 85.8% 6315692 CM -R&M -Irrigation System 2,356.82 4,400.00 (2,043.18) 2,356.82 4,400.00 (2,043.18) 19,050.00 16,693.18 87.6% 6315696 CM -R&M -Pumps - 1,000.00 (1,000.00) - 1,000.00 (1,000.00) 10,500.00 10,500.00 100.0% 6315815 CM -R&M -Trees -Pruning Etc - - - - - - 14,050.00 14,050.00 100.0% Total -CM -REPAIRS & MAINTENANCE 12,155.61 13,793.00 (1,637.39) 12,155.61 13,793.00 (1,637.39) 118.450.00 106.294.39 893 6317836 Utilities -Natural Gas/LPG - 15.00 (15.00) - 15.00 (15.00) 180.00 180.00 0.0% 6317840 Telephones 1,106.11 850.00 256.11 1,106.11 850.00 256.11 10.200.00 9.093.89 89.2% Total -CM -UTILITIES 1,106.11 865.00 241.11 1,106.11 865.00 241.11 10,380.00 9,273.89 89.3% 63 -CM -OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 400.00 400.00 - 4,800.00 4,400.00 91.7% 6319100 Contract Svcs-SoillTissue Test - - - - - - 2,000.00 2,000.00 100.0% 6319102 Contract Svcs -Trash Removal - 524.00 (524.00) - 524.00 (524.00) 6,288.00 6,288.00 100.0% 6319150 Dues & Subscriptions 130.00 - 130.00 130.00 - 130.00 680.00 550.00 80.9% 6319170 Employee Education - 50.00 (50.00) - 50.00 (50.00) 3,900.00 3,900.00 100.0% 6319197 Equipment Rental - 200.00 (200.00) - 200.00 (200.00) 3,400.00 3,400.00 100.0% 6319206 Licenses & Permits - 100.00 (100.00) - 100.00 (100.00) 4,300.00 4,300.00 100.0% 6319490 Miscellaneous 373.52 100.00 273.52 373.52 100.00 273.52 1,200.00 826.48 68.9% 6319718 Safety Equipment & Training - 200.00 (200.00) - 200.00 (200.00) 3,850.00 3,850.00 100.0% 6319822 Uniforms 92.56 1,210.00 (1,117.44) 92.56 1,210.00 (1,117.44) 11,040.00 10,947.44 99.2% Total -CM -OTHER EXPENSES 996.08 2,784.00 (1,787.92) 996.08 2,784.00 1,787.92) 41,458.00 40,461.92 97.60% 4 SilverRock Resort Course Maintenance Expense Statement July 2023 Silverrock Resort Course Maintenance Water 8 Energy July 2023 Month to Date Month to Date Year to Date Year to Date Annual Budget Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632 -CM -CONTRACT SERVICES 12,500.00 12,500.00 12,500.00 12,500.00 - - 12,500.00 12,500.00 12,500.00 12,500.00 - - 150,000.00 137,500.00 150,000.00 137,500.00 91.7% 911 94.4% 6321880 Contract Labor Total -CM -LM -SALARIES & BENEFITS Total-COURSE MAINTENANCE 112,762.43 142,089.00 (29,326.571 112,762.43 142,089.00 (29,326.57) 2,011,758.00 1,898,995.57 4 Silverrock Resort Course Maintenance Water 8 Energy July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget — Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633 -CM -WATER & ENERGY 21,765.65 9,983.26 14,100.00 10,150.00 - 7,665.65 (166.74) 21,765.65 9,983.26 14,100.00 10,150.00 7,665.65 (166.74) 144,810.00 123,044.35 115,484.00 105,500.74 85.0% 91.4% 87.8 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total -CM -WATER & ENERGY 31,748.91 24,250.00 7,498.91 31,748.91 24,250.00 7498.91 260,294.00 228,545.09 4 SilverRock Resort Outside Services Expense Statement July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 641 -CBR -SALARIES & BENEFITS 6411320 Insurance -Group 396.54 774.00 (377.46) 396.54 774.00 (377.46) 9,912.00 9,515.46 96.0% 6411325 Insurance -Workers Comp 749.21 1,006.00 (256.79) 749.21 1,006.00 (256.79) 19,271.00 18,521.79 96.1% 6411800 Taxes -Employer Payroll 1,312.79 1,540.00 (227.21) 1,312.79 1,540.00 (227.21) 32,119.00 30,806.21 95.9% 6411880 Wages -Hourly 15,306.21 12,372.00 2,934.21 15,306.21 12,372.00 2,934.21 257,980.00 242,673.79 94.1% 6411882 Wages -Overtime 107.27 - 107.27 107.27 - 107.27 - (107.27) 0.0% Total -CBR -SALARIES & BENEFITS 17,872.02 15,692.00 2,180.02 17,872.02 15,692.00 2,180.02 319,282.00 301,409.98 94.4% 641 -CBR -SUPPLIES & MATERIALS 6413732 Supplies -Carts - - - - - - 1,850.00 ' 0.0% 6413742 Supplies -Expendable 144.86 600.00 (455.14) 144.86 600.00 (455.14) 6,750.00 6,605.14 97.9% 6413748 Supplies -Fuel for Shuttle - - - - - - - - 0.0% 6413752 Supplies -Range Balls - - -- - - 10,000.00 10,000.00 100.0% 6413762 Supplies -Office - 25.00 (25.00) - 25.00 (25.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary -- - - - - 420.00 420.00 100.0% 6413786 Supplies -Towels 316.34 120.00 196.34 316.34 120.00 196.34 2,182.00 1,865.66 85.5% 6413796 Supplies -Bottled Water 6,912.00 2,500.00 4,412.00 6,912.00 2,500.00 4,412.00 30,000.00 23,088.00 77.0% Total -CBR -SUPPLIES & MATER/ALS 7,373.20 3,245.00 4,128.20 7,373.20 3,245.00 4,128.20 51 727.00 42 503.80 82.2% 641 -CBR -REPAIRS & MAINTENANCE 6415690 CBR -R&M -Equipment 10,493.48 300.00 10,193.48 10,493.48 300.00 10,193.48 3,600.00 (6,893.48) -191.5% 6415695 CBR -R&M -Cart Maintenance & Repair 1,744.75 1,503.00 241.75 1,744.75 1,503.00 241.75 18,036.00 16,291.25 90.3% Total -CBR -REPAIRS & MAINTENANCE 12,238.23 1,803.00 10,435.23 12,238.23 1,803.00 10,435.23 21,636.00 9,397.77 43,40/ 641 -CBR -OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 320.54 800.00 (479.46) 320.54 800.00 (479.46) 9,600.00 9,279.46 96.7% 6419220 Freight/Delivery - 75.00 (75.00) - 75.00 (75.00) 450.00 450.00 100.0% 6419490 Miscellaneous 108.66 600.00 (491.34) 108.66 600.00 (491.34) 7,200.00 7,091.34 98.5% 6419820 Uniforms - - - - - - 5,200.00 5,200.00 100.0% Total -CBR -OTHER EXPENSES 429.20 1,475.00 (1,045.80) 429.20 1,475.00 (1,045.80) 22,450.00 22,020.80 g8,1% TOTAL-CARTSBAGROOM& RANGE 37,912.65 22,215.00 (1,045.80) 37,912.65 22,215.00 15,697.65 415,095.00 375,332.35 90.4% 643 -CS -SALARIES & BENEFITS 6431320 Insurance -Group - - - - - -- - 0.0% 6431325 Insurance -Workers Comp 408.66 257.00 151.66 408.66 257.00 151.66 7,042.00 6,633.34 94.2% 6431800 Taxes -Employer Payroll 482.39 308.00 174.39 482.39 308.00 174.39 9,192.00 8,709.61 94.8% 6431880 Wages -Hourly 5,381.32 3,162.00 2,219.32 5,381.32 3,162.00 2,219.32 94,275.00 88,893.68 94.3% 6431882 Wages -Overtime - - - - - - - - 0.0% Total -CS -SALARIES & BENEFITS 6,272.37 3,727.00 2,545.37 6,272.37 3,727.00 2,545.37 110.509.00 104,236.63 94.3 643 -CS -OTHER EXPENSES 6433742 Supplies Expendable 37.99 50.00 (12.01) 37.99 50.00 (12.01) 1,050.00 1,012.01 96.4% 6439490 Miscellaneous 32.60 - 32.60 32.60 - 32.60 200.00 167.40 83.7% 6439718 Safety Equipment & Training - 50.00 (50.00) - 50.00 (50.00) 600.00 600.00 100.0% 6439820 Uniforms - 75.00 (75.00) - 75.00 (75.00) 2,125.00 2,125.00 100.0% Total -CS -OTHER EXPENSES 70.59 175.00 (104.41) 70.59 175.00 (104.41) 3,975.00 3,904.41 98.2% Total -COURSE SERVICES 6,342.96 3,902.00 2,440.96 6,342.96 3,902.00 2,440.96 114,484.00 108,141.04 94.5% TOTAL OUTSIDE SERVICES 44,255.61 26,117.00 18,138.61 44,255.61 26,117.00 18,138.61 529,579.00 479,568.98 90.6% 5 6 SilverRock Resort Clubhouse Expense Statement July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies-Expendable 400.00 400.00 - 400.00 400.00 - 4,800.00 4,400.00 91.7% Total--CH-SUPPLIES & MATERIALS 400.00 400.00 - 400.00 400.00 - 4,800.00 4,400.00 91.7% 65-CH-UTILITIES 6507836 Utilities-Natural Gas 1,215.92 1,000.00 215.92 1,215.92 1,000.00 215.92 12,180.00 10,964.08 90.0% 6507840 Utilities -Telephone 1,783.83 1,750.00 33.83 1,783.83 1,750.00 33.83 13,800.00 12,016.17 87.1% 6507842 Utilities-Water 536.20 321.00 215.20 536.20 321.00 215.20 3,852.00 3,315.80 86.1% 6507844 Utilities-Cable 402.29 380.00 22.29 402.29 380.00 22.29 4,560.00 4,157.71 91.2% Total-CH-UTILITIES 3,938.24 3,451.00 487.24 3,938.24 3,451.00 487.241 34,392.00 30,453.76 88.5% 65-CH-OTHER EXPENSES 6509091 Contract Services-Cleaning 2,881.29 2,850.00 31.29 2,881.29 2,850.00 31.29 4,800.00 1,918.71 40.0% 6509099 Contract Services -Security 6,475.04 6,800.00 (324.96) 6,475.04 6,800.00 (324.96) 60,000.00 53,524.96 89.2% 6509215 Flowers & Decorations - - - 1,900.00 1,900.00 100.0% 6509718 Safety Equipment & Training - 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0% Total--CH-OTHER EXPENSES 9,356.33 9,750.00 (393.67) 9,356.33 9,750.00 (393.67) ■ 67,900.00 58,543.67 86.2% 65-CH-REPAIRS & MAINTENANCE 6515685 CH-R&M-Building Structures 820.97 300.00 520.97 820.97 300.00 520.97 3,600.00 2,779.03 77.2% 6515686 CH-R&M-Restaurant Repairs - 700.00 (700.00) - 700.00 (700.00) 8,400.00 8,400.00 100.0% 6515690 CH-R&M-Equipment Repair - 700.00 (700.00) - 700.00 (700.00) 8,400.00 8,400.00 100.0% Total-CH-REPAIRS & MAINTENANCE 820.97 1,700.00 (879.03) 820.97 1,700.00 (879.03)1 20,400.00 19,579.03 96.0% Total CLUBHOUSE 14,515.54 15,301.00 (785.46) 14,515.54 15,301.00 (785.46) 127,492.00 39,158.06 30.7% 6 7 SilverRock Resort Marketing Expense Statement July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66 -MKT -SALARIES & BENEFITS 6601320 Insurance -Group- - - - - - 2,891.00 2,891.00 100.0% 6601325 Insurance -Workers Comp 102.00 102.00- 102.00 102.00 - 1,121.00 1,019.00 90.9% 6601720 Salaries 1,250.00 1,250.00- 1,250.00 1,250.00 - 15,000.00 13,750.00 91.7% 6601800 Tax -Employer Payroll 122.00 122.00- 122.00 122.00 - 1,463.00 1,341.00 91.7% Total -MKT -SALARIES & BENEFITS 1,474.00 1,474.00- 1,474.00 1,474.00 - 20,475.00 19 001.00 92.8% 66 -MKT -SUPPLIES & MATERIALS 6603762 Supplies -Office- 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0% 6603768 Supplies -Printing & Stationery - - - - 4,425.00 4,425.00 100.0% Total -MKT -SUPPLIES & MARKETING 100.00 (100.00) - 100.00 (100.00) 5,625.00 5,625.00 100.0% 66 -MKT -UTILITIES 6607840 Utilities-Telephone100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0% Total -MKT -UTILITIES - 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0% 66 -MKT -OTHER EXPENSES 6609010 Advertising 386.83 2,566.00 (2,179.17) 386.83 2,566.00 (2,179.17) 151,133.00 150,746.17 99.7% 6609040 Business Meals - 25.00 (25.00) - 25.00 (25.00) 300.00 300.00 100.0% 6609080 Collateral Material- - - - - - 5,500.00 5,500.00 100.0% 6609102 Contract Services -Web Page- 150.00 (150.00) - 150.00 (150.00) 1,800.00 1,800.00 100.0% 6609490 Miscellaneous- - - - - - 350.00 350.00 100.0% 6609620 Postage- 50.00 (50.00) - 50.00 (50.00) 600.00 600.00 100.0% 6609630 Promotion- - - - - - 700.00 700.00 100.0% 6609633 Promotion-Cummunity- 75.00 (75.00) - 75.00 (75.00) 2,250.00 2,250.00 100.0% 6609634 Promotion-MediaNendor- - - - - - 1,000.00 1,000.00 100.0% 6609150 Dues & Subscriptions- - - - - - 735.00 735.00 100.0% 6609820 Uniforms- - - - 600.00 600.00 100.0% Total -MKT -OTHER EXPENSES 386.83 2,866.00 (2,479.17) 386.83 2,866.00 (2,479.17) 164,968.00 164,581.17 99.8% TOTAL MARKETING 1,860.83 4,540.00 (2,679.17) 1,860.83 4,540.00 (2,679.17) 192,268.00 190,407.17 99.0% 7 SilverRock Resort General and Administrative Expense Statement July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budge Unemcumb. %Budget Expense 67 -G&A -SALARIES & BENEFITS 6701320 Insurance -Group 4,160.01 3,117.00 1,043.01 4,160.01 3,117.00 1,043.01 37,716.00 33,555.99 89.0% 6701325 Insurance -Workers Comp 1,772.44 2,294.00 (521.56) 1,772.44 2,294.00 (521.56) 21,077.00 19,304.56 91.6% 6701720 Salaries 20,711.60 20,141.00 570.60 20,711.60 20,141.00 570.60 240,000.00 219,288.40 91.4% 6701800 Taxes -Employer Payroll 2,658.10 2,750.00 (91.90) 2,658.10 2,750.00 (91.90) 27,510.00 24,851.90 90.3% 6701880 Wages -Hourly 13,561.15 8,064.00 5,497.15 13,561.15 8,064.00 5,497.15 42,156.00 28,594.85 67.8% 6701882 Wages -Overtime 4.14 - - 4.14 - 4.14 4.14 - Total -G&A -SALARIES & BENEFITS 42,867.44 36,366.00 6,497.30 42,867.44 36,366.00 6,501.44 368,463.14 325,595.70 88.4% 67 -G&A -SUPPLIES & MATERIALS 6703740 Supplies -Computer 139.11 500.00 (360.89) 139.11 500.00 (360.89) 6,300.00 6,160.89 97,8% 6703762 Supplies -Office 60.00 105.00 (45.00) 60.00 105.00 (45.00) 1,260.00 1,200.00 95.2% 6703768 Supplies -Printing & Stationery 160.67 100.00 60.67 160.67 100.00 60.67 3,300.00 3,139.33 95.1% Total -G&A -SUPPLIES & MATERIALS 359.78 705.00 (345.22) 359.78 705.00 (345.22) 10,860.00 10,500.22 96.7% 67 -G&A -REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment - - -- - - 1,900.00 1,900.00 100.0% Total -G&A -REPAIRS & MAINTENANCE- - - - - - 1,900.00 1,900.00 100.0% 67 -G&A -OTHER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 - 500.00 500.00 - 6,000.00 5,500.00 91.7% 6709090 Contract Services - - - - - - - 0.0% 6709150 Dues & Subscriptions 180.00 50.00 130.00 180.00 50.00 130.00 1,550.00 1,370.00 88.4% 6709180 Employee RecruitinglRelocation - - - -- - 1,200.00 1,200.00 100.0% 6709197 Equipment Rental 655.18 550.00 105.18 655.18 550.00 105.18 6,600.00 5,944.82 90.1% 6709202 Fees -Bank 45.26 90.00 (44.74) 45.26 90.00 (44.74) 1,080.00 1,034.74 95.8% 6709208 Fees -Payroll Processing - 1,000.00 (1,000.00) - 1,000.00 (1,000.00) 12,000.00 12,000.00 100.0% 6709220 Freight/Delivery - 50.00 (50.00) - 50.00 (50.00) 600.00 600.00 100.0% 6709490 Miscellaneous 500.00 100.00 400.00 500.00 100.00 400.00 6,000.00 5,500.00 91.7% 6709620 Postage/Mail Services - 75.00 (75.00) - 75.00 (75.00) 900.00 900.00 100.0% 6709625 Professional Fees 1,642.39 1,500.00 142.39 1,642.39 1,500.00 142.39 28,000.00 26,357.61 94.1% 6709636 PromotionlEntertainment - 100.00 (100.00) - 100.00 (100.00) 1,200.00 1,200.00 100.0% 6709722 Seminars & Training 250.00 200.00 50.00 250.00 200.00 50.00 3,400.00 3,150.00 92.6% 6709810 Travel - - - - - - 1,100.00 1,100.00 100.0% 6709820 Uniforms 270.36 75.00 195.36 270.36 75.00 195.36 1,050.00 779.64 74.3% Total -G&A -OTHER EXPENSES 4,043.19 4,290.00 (246.81) 4,043.19 4,290.00 (246.81) 70,680.00 66,636.81 94_3% Total-GENER4L & ADMINISTRATIVE 47,270.41 41,361.00 5,909.41 47,270.41 41,361.00 5,909.41 451.903.14 404.632.73 89.5% 8 9 Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement July 2023 Month to Date Year to Date Annual Budget July 2023 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 68 -LEASES 6800192 Equipment Leases -Carts 10,465.09 10,586.00 (120.91) 10,465.09 10,586.00 (120.91) 144,000.00 133,534.91 92.7% 6800193 Equipment Leases -Maintenance 18,312.28 18,150.00 162.28 18,312.28 18,150.00 162.28 190,800.00 172,487.72 90.4% 6800196 Equipment Leases -GPS 2,640.00 2,750.00 (110.00) 2,640.00 2,750.00 (110.00) 34,800.00 32,160.00 92.4% 6800197 Equipment Leases -Others 1,038.66 1,150.00 (111.34) 1,038.66 1,150.00 (111.34) 20,200.00 19,161.34 0.0% ITotal -LEASES 32,456.03 32,636.00 (179.97) 32,456.03 32,636.00 (179.97) 389,800.00 357,343.97 91.7% 69-MISC OTHER EXPENSES 6900096 Contract Srvcs-Management Fee 10,892.00 10,892.00 - 10,892.00 10,892.00 - 124,488.00 113,596.00 91.3% 6900800 Personal Property Taxes 5,455.14 5,200.00 255.14 5,455.14 5,200.00 255.14 11,800.00 6,344.86 53.8% 6900323 Insurance -Commercial 12,758.25 8,917.00 3,841.25 12,758.25 8,917.00 3,841.25 71,004.00 58,245.75 82.0% 6900210 FF&E Reserve 2,053.40 1,789.00 264.40 2,053.40 1,789.00 264.40 74,907.00 72,853.60 97.3% Total--M/SC OTHER EXPENSES 31,158.79 26,798.00 4,360.79 31,158.79 26,798.00 4,360.79 282,199.00 251.040.21 89.0% 9 SilverRock Resort -Arnold Palmer Classic Course Comp Golf Report -2023-2024 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 2023 2023 2023 2023 2023 2023 July August September October November December 9 3 26 38 0 0 0 0 0 2024 2024 2024 2024 2024 2024 January February March April May June 0 0 0 0 0 0 10