Loading...
10 April 2024 SilverRock Resort - Monthly Financial StatementLVCRP\OCK & R E S O R T Monthly Financial Statements July 01, 2023 - April 30, 2024 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 Et Administrative Expense Statement 8 Operating Leases &t Miscellaneous Expense Statement 9 Complimentary Report 10 SilverRock Resort Summary Operating Income Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Percentage GIL # Series Account Description Income Final Budget Variance Difference Final Budget Variance Annual Budget Unemcumb. % Bdgt 400000 Golf Green Fee Revenue 495,876.47 488,124.00 7,752.47 1.6% 3,813,447.47 3,617,953.00 195,494.47 4,110,847.00 297,399.53 93% 401000 Miscellaneous Golf Revenue 22,968.50 15,040.00 7,928.50 52.7% 171,117.61 140,640.00 30,477.61 156,180.00 (14,937.61) 110% 410000 Revenue -Golf Shop 26,410.03 28,683.00 (2,272.97) -7.9% 195,730.19 213,283.00 (17,552.81) 245,623.00 49,892.81 80% 420000 Food & Beverage Revenue 87,995.68 97,652.00 (9,656.32) -9.9 /, 630,889.38 612,276.00 18,613.38 710,099.00 79,209.62 89 /, Total Income 633,250.68 629,499.00 3,751.68 0.60% 4,811,184.65 4,584,152.00 227,032.65 5,222,749.00 411,564.35 92% Cost of Goods Sold 510000 COS -Golf Shop 16,951.93 16,054.00 897.93 -5.6% 110,259.51 119,378.00 9,118.49 137,475.00 27,215.49 80% 520000 COS -Food & Beverage 28,411.74 28,173.00 238.74 -0.8 /, 257,066.09 187,597.00 (69,469.09) 218,834.00 (38,232.09) 117% Total COS 45,363.67 44,227.00 1,136.67 -2.6% 367,325.60 306,975.00 (60,350.60) 356,309.00 (11,016.60) 103°% Gross Profit 587,887.01 585,272.00 2,615.01 0.4% 4,443,859.05 4,277,177.00 166,682.05 4,866,440.00 422,580.95 91% Expenses 610000 Golf Pro Shop 27,890.19 25,098.00 2,792.19 -11.1°% 218,801.92 212,243.00 6,558.92 259,447.00 40,645.08 84% 630000 Course Maintenance 150,163.53 156,714.00 (6,550.47) 4.2% 1,798,523.72 1,715,751.00 82,772.72 2,005,608.00 207,084.28 90% 633000 Maintenance Water & Energy 35,111.61 24,220.00 10,891.61 -45.0°% 277,029.91 232,135.00 44,894.91 282,424.00 5,394.09 98% 640000 Outside Services 61,551.92 58,218.00 3,333.92 -5.7% 476,122.84 472,999.00 3,123.84 542,757.00 66,634.16 88% 650000 Clubhouse 12,396.58 15,301.00 (2,904.42) 19.0% 151,321.26 154,510.00 (3,188.74) 185,512.00 34,190.74 82% 660000 Marketing 11,947.89 15,082.00 (3,134.11) 20.8% 122,412.37 150,410.00 (27,997.63) 170,814.00 48,401.63 72% 670000 General & Administrative 45,362.90 36,982.00 8,380.90 -22.7°% 412,518.26 397,190.00 15,328.26 472,307.00 59,788.74 87% 680000 Leases 24,191.42 36,850.00 (12,658.58) 34.4% 299,807.22 351,644.00 (51,836.78) 425,344.00 125,536.78 70% 690000 Miscellaneous Other Expense 27,508.27 29,571.00 (2,062.73) 7.0% 268,419.35 282,249.00 (13,829.65) 343,521.00 75,101.65 78% 620000 Food & Beverage Expenses 65,044.77 48,465.00 16,579.77 -34.2% 508,707.13 422,493.00 86,214.13 491,697.00 (17,010.13) 78% Total Expenses 461,169.08 446,501.00 14,668.08 -3.3% 4,533,663.98 4,391,624.00 (142,039.98) 5,179,431.00 662,777.15 88% Net Income 126,717.93 138,771.00 (12,053.07) .2.2% (89,804.93) (114,447.00) 24,642.07 (312,991.00) (240,196.20) 400000 Rounds of Golf Played Paid Rounds Played 4,962 5,215 (253) -4.9% 36,324 37,525 (1,201) 41,996 5,672 86% Ave $ Per Paid Round Green Fee 99.93 93.60 6.33 6.8% 104.98 96.41 8.57 97.89 (7.10) 107°% Ave $ Per Paid Round Merchandise 5.32 5.50 (0.18) -3.2% 5.39 5.68 (0.30) 5.85 0.46 92% Ave $ Per Paid Miscellaneous 4.63 2.88 1.74 1 60.5% 4.71 3.75 0.96 3.72 (0.99) 127°% SilverRock Resort Statement of Fees - Revenue April 2024 Month to Date Year to Date Annual Budget April 2024 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 495,876.47 488,124.00 7,752.47 3,813,447.47 3,617,953.00 195,494.47 4,110,847.00 297,399.53 7.2% 4010000 Rider Fee 3,775.00 540.00 3,235.00 19,720.00 16,740.00 2,980.00 17,480.00 (2,240.00) -12.8% 4040000 Club Rental 6,250.00 3,000.00 3,250.00 41,058.11 26,100.00 14,958.11 29,800.00 (11,258.11) -37.8% 4050000 Driving Range 9,637.00 9,000.00 637.00 99,062.00 86,250.00 12,812.00 97,350.00 (1,712.00) -1.8% 4060000 Handicap Fees 399.00 - 399.00 2,605.00 1,550.00 1,055.00 1,550.00 (1,055.00) -68.1% 4090000 Ball Retriever/Subcontract 907.50 1,000.00 (92.50) 1,672.50 2,500.00 (827.50) 2,500.00 827.50 33.1% 4091000 Golf Professional Rental Fee 2,000.00 1,500.00 500.00 7,000.00 7,500.00 (500.00) 7,500.00 500.00 6.7% Total Miscellaneous Revenue 22,968.50 518,844.97 15,040.00 503,164.00 7,928.50 15,680.97 171,117.61 3,984,565.08 140,640.00 3,758,593.00 30,477.61 225,972.08 156,180.00 4,267,027.00 (14,937.61) 282,461.92 -9.6% 6.6% Total Revenue Fees Total Income 518,844.97 503,164.00 15,680.97 3,984,565.08 3,758,593.00 225,972.08 4,267,027.00 282,461.92 1 6.6% SilverRock Resort Golf Shop Income Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Bud et 4100000 Sales Miscellaneous _ _ _ 4,037.40 4,037.40 0 0 0% 4100110 Sales Hard Goods 10,024.71 7,171.00 2,853.71 72,723.96 53,321.00 19,402.96 61,406.00 (11,317.96) -18.4% 4100112 Sales -Soft Goods 16,385.32 21,512.00 (5,126.68) 125,970.38 159,962.00 (33,991.62) 184,217.00 58,246.62 31.6% 5100639 GS-Discounts-Mdse - - (7,001.55) (7,001.55) - 7,001.55 0.0 Total Revenue Golf Shop 26,410.03 28,683.00 (2,272.97) 195,730.19 213,283.00 (10,551.26) 245,623.00 46,928.66 19.1 Cos 5100150 COS-GS-Hard Goods 5,920.81 4,159.00 1,761.81 40,071.17 30,928.00 9,143.17 35,615.00 (4,456.17) -12.5% 5100151 COS-GS-Soft Goods 10,796.05 12,477.00 (1,680.95) 68,568.72 92,780.00 (24,211.28) 106,846.00 38,277.28 35.8% 5100152 COS-GS-Purchase Disc (31.14) (832.00) 800.86 (2,029.29) (6,186.00) 4,156.71 (7,123.00) (5,093.71) 0.0% 5100220 COS-GS-Freight Merch 266.21 250.00 16.21 3,648.91 1,856.00 1,792.91 2,137.00 (1,511.91) -70.7 Cost of Sales - Golf Shop 16,951.93 16,054.00 897.93 110,259.51 119,378.00 (9,118.49) 137,475.00 27,215.49 19.8 Gross Profit 9,458.10 12,629.00 (3,170.90) 85,470.68 93,905.00 (1,432.77) 108,148.00 19,713.17 18.2% Cos % 64.2 % 56.0 % -8.2 % 56.3 % 56.0 % -0.4 % 53.1 % 58.0 % 109.3 Expense 61-PS-SALARIES & BENEFITS 536.74 774.00 (237.26) 4,487.56 7,740.00 (31252.44) 9,288.00 4,800.44 51.7 6101320 Insurance Group 6101325 Insurance -Workers Comp 1,600.00 1,602.00 (2.00) 12,681.96 13,205.00 (523.04) 15,959.00 3,277.04 20.5% 6101720 Salaries 7,306.14 6,436.00 870.14 64,998.54 64,360.00 638.54 77,250.00 12,251.46 15.9% 6101800 Taxes -Employer Payroll 1,654.39 1,920.00 (265.61) 17,606.38 15,828.00 1,778.38 19,129.00 1,522.62 8.0 6101880 Wages -Hourly 15,647.87 13,256.00 2,391.87 110,122.91 97,970.00 12,152.91 118,952.00 8,829.09 7.4% 6101882 Wages -Overtime 112.12 112.12 1,331.83 1,331.83 (1,331.83) 0.0% Total -PS-SALARIES & BENEFITS 26,857.26 23,988.00 2,869.26 211,229.18 199,103.00 12,126.18 240,578.00 29,348.82 12.2 61-PS OTHER EXPENSES 6103762 Supplies -Office 54.35 250.00 (195.65) 1,091.16 2,500.00 (1,408.84) 3,000.00 1,908.84 63.6% 6109150 Dues and Subscriptions 415.00 - 415.00 415.00 415.00 2,300.00 1,885.00 82.0 6109220 Freight & Delivery _ 75.00 (75.00) 75.00 75.00 100.0 6109490 Miscellaneous 350.65 500.00 (149.35) 1,943.28 5,000.00 (3,056.72) 6,000.00 4,056.72 67.6% 6109500 ProShop Over/Under (0,29) (0.29) (28.20) (28.20) - 28.20 0.0% 6109722 Seminars/Training 35.00 (35.00) 598.99 2,405.00 (1,806.01) 3,690.00 3,091.01 83.8% 6109810 Travel - Merchandise _ 15.00 (15.00) 60.00 (60.00) 90.00 90.00 100.0 6109820 Uniforms 92.43 200.00 (107.57) 2,103.56 2,000.00 103.56 2,400.00 296.44 12.4% 6117840 Telephones 120.79 110.00 10.79 1,448.95 1,100.00 348.95 1,320.00 (128.95) _9.8% Total - Other Expenses 1,032.93 1,110.00 (77.07) 7,572.74 13,140.00 (5,567.26) 18,875.00 11,302.26 59.9% Total Expenses -Golf Shop 27,890.19 25,098.00 2,792.19 218,801.92 212,243.00 6,558.92 259,453.00 40,651.08 15.7 NetIncome (18,432.09) (12,469.00) (5,963.09)1 (133,331.24) (118,338.00) (7,991.69) (151,305.00) (20,937.91) 13.8% SilverRock Resort Course Maintenance Expense Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 3,542.14 9,696.00 (6,153.86) 74,012.19 88,446.00 (14,433.81) 107,838.00 33,825.81 31.4% 6311325 Insurance -Workers Comp 3,750.00 3,779.00 (29.00) 34,132.06 35,704.00 (1,571.94) 42,860.00 8,727.94 20.4% 6311720 Salaries 16,152.00 16,716.00 (564.00) 164,607.96 167,136.00 (2,528.04) 200,000.00 35,392.04 17.7% 6311800 Taxes -Employer Payroll 4,331.22 7,604.00 (3,272.78) 58,055.18 72,055.00 (13,999.82) 86,375.00 28,319.82 32.8% 6311880 Wages -Hourly 57,107.25 58,680.00 (1,572.75) 501,303.95 540,857.00 (39,553.05) 652,304.00 151,000.05 23.1 6311882 Wages -Overtime 1,143.94 2,592.00 (1,448.06) 29,619.08 31,028.00 (1,408.92) 33,620.00 4,000.92 11.9 Total -CM -SALARIES & BENEFITS 86,026.55 99,067.00 (13,040.45) 861,730.42 935,226.00 (73,495.58) 1,122,997.00 46,500.00 261,266.58 5,854.33 23.3 12.6% 63-CM-SUPPLIES & MATERIALS 272.64 3,000.00 (2,727.36) 40,645.67 38,500.00 2,145.67 6313745 Chemicals 6313744 Fertilizer 5,353.78 15,000.00 (9,646.22) 111,319.94 100,400.00 10,919.94 111,800.00 480.06 0.4% 6313746 Flowers/Plants - - - 7,523.68 7,000.00 523.68 7,000.00 (523.68) -7.5% 6313748 Fuel -Gasoline 6,983.62 5,700.00 1,283.62 63,035.11 57,000.00 6,035.11 68,400.00 5,364.89 7.8% 6313750 Golf Course Accessories - - - 8,232.86 16,000.00 (7,767.14) 16,000.00 7,767.14 48.5 6313756 PDA Control 2,629.93 - 2,629.93 11,920.57 20,000.00 (8,079.43) 20,000.00 8,079.43 40.4% 6313758 Miscellaneous Supp 640.35 500.00 140.35 5,907.36 5,750.00 157.36 5,950.00 42.64 0.7% 6313776 Sand - - - 53,448.09 13,500.00 39,948.09 13,500.00 (39,948.09) 6313778 Seed 579.06 - 579.06 143,371.74 190,500.00 (47,128.26) 190,500.00 47,128.26 24.7% 6313780 Small Tools & Non -Capital Equip 520.77 575.00 (54.23) 6,656.69 5,875.00 781.69 7,025.00 368.31 5.2 6313782 Sod - - - 7,393.10 11,000.00 (3,606.90) 15,500.00 8,106.90 52.3% 6313784 Topdressing 1,919.62 6,000.00 (4,080.38) 19,000.00 17,080.38 89.9/ Total -CM -SUPPLIES & MATERIALS 16,980.15 24,775.00 (7,794.85) 461,374.43 471,525.00 (10,150.57) 521,175.00 61,716.00 59,800.57 20,070.00 11.5 32.5% 63-CM-REPAIRS & MAINTENANCE 4,346.00 5,143.00 (797.00) 41,646.00 51,430.00 (9,784.00) 6315095 CM -R&M -Contract Lake Maint 6315685 CM-R&M-Bldngs & Othr Structures 129.50 250.00 (120.50) 1,852.44 5,050.00 (3,197.56) 5,550.00 3,697.56 66.6 6315690 CM -R&M -Equipment 3,112.35 2,000.00 1,112.35 48,886.63 33,500.00 15,386.63 38,500.00 (10,386.63) -27.0% 6315692 CM -R&M -Irrigation System 4,670.27 1,250.00 3,420.27 32,899.06 20,550.00 12,349.06 23,300.00 (9,599.06) -41.2 6315696 CM -R&M -Pumps - 1,000.00 (1,000.00) 12,276.52 10,000.00 2,276.52 10,500.00 (1,776.52) -16.9% 6315815 CM -R&M -Trees -Pruning Etc 4,000.00 (4,000.00) 17,630.00 14,050.00 3,580.00 14,050.00 (3,580.00) .25.5% Total -CM-Repair&Maintenance 12,258.12 13,643.00 (1,384.88) 155,190.65 134,580.00 20,610.65 153,616.00 180.00 (1,574.65) (57.04) -1.0% 0.0% 6317836 Utilities -Natural Gas/LPG 74.17 15.00 59.17 237.04 150.00 87.04 6317840 Telephones 906.36 850.00 56.36 16,802.46 8,500.00 8,302.46 10,200.00 (6,602.46) -64.7% Total -CM -UTILITIES 980.53 865.00 115.53 17,039.50 8,650.00 8,389.50 10,380.00 (6,659.50) -64.2 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 4,000.00 4,000.00 - 4,800.00 800.00 16.7% 6319100 Contract Svcs-Soil/Tissue Test 360.00 - 360.00 360.00 3,000.00 (2,640.00) 4,500.00 4,140.00 92.0 6319102 Contract Svcs -Trash Removal - 524.00 (524.00) - 5,240.00 (5,240.00) 6,288.00 6,288.00 100.0 6319150 Dues & Subscriptions - 380.00 (380.00) 2,372.93 580.00 1,792.93 680.00 (1,692.93) -249.0 6319170 Employee Education - 50.00 (50.00) 350.00 3,800.00 (3,450.00) 3,900.00 3,550.00 91.0 6319197 Equipment Rental - 200.00 (200.00) - 3,100.00 (3,100.00) 3,400.00 3,400.00 100.0% 6319206 Licenses & Permits - 2,900.00 (2,900.00) 700.00 4,300.00 (3,600.00) 4,300.00 3,600.00 83.7 6319490 Miscellaneous - 100.00 (100.00) 1,527.02 1,000.00 527.02 1,200.00 (327.02) -27.3% 6319718 Safety Equipment & Training 533.34 100.00 433.34 673.34 3,650.00 (2,976.66) 3,850.00 3,176.66 82.5 6319822 Uniforms 2,047.96 1,210.00 837.96 8,842.63 12,100.00 (3,257.37) 14,520.00 5,677.37 39.1 Total -CM -OTHER EXPENSES 3,341.30 5,864.00 (2,522.70)1 18,825.92 40,770.00 (21,944.08) 47,438.00 28,612.08 60.31 SilverRock Resort Course Maintenance Expense Statement ADril 2024 Month to Date Year to Date Annual Budget April 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-CONTR4CT SERVICES 6321880 Contract Labor Total Contract Service Total -COURSE MAINTENANCE 30,576.88 12,500.00 18,076.88 284,362.80 125,000.00 159,362.80 150,000.00 150,000.00 2,005,606.00 (134,362.80) (134,362.80) 207,082.28 -89.6% -89.6% 10.3% 30,576.88 12,500.00 18,076.88 284,362.80 125,000.00 159,362.80 150,163.53 156,714.00 (6,550.47) 1,798,523.72 1,715,751.00 82,772.72 Silverrock Resort Course Maintenance Water & Energy April 2024 Month to Date Year to Date Annual Budget April 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total-CM-WATER &ENERGY 28,395.21 6,716.40 14,100.00 10,120.00 14,295.21 (3,403.60) 194,140.38 82,889.53 139,340.00 92,795.00 54,800.38 (9,905.47) 144,810.00 115,484.00 260,294.00 (49,330.38) 32,594.47 (16,735.91) -34.1% 28.2% -6.4% 35,111.61 24,220.00 10,891.61 277,029.91 232,135.00 44,894.91 SilverRock Resort Outside Services Expense Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Annual Final Budget Variance Final Budget Variance Budget Unemcumb. % Budget Expense SALARIES & BENEFITS 6411320 Insurance -Group (351.78) 774.00 (1,125.78) 4,452.31 7,740.00 (3,287.69) 9,288.00 4,835.69 52.1 6411325 Insurance -Workers Comp 2,600.00 2,620.00 (20.00) 19,111.01 18,924.00 187.01 21,662.00 2,550.99 11.8% 6411800 Taxes -Employer Payroll 2,332.02 4,010.00 (1,677.98) 23,866.12 28,963.00 (5,096.88) 33,156.00 9,289.88 28.0% 6411880 Wages -Hourly 28,645.55 32,205.00 (3,559.45) 199,991.42 232,627.00 (32,635.58) 266,317.00 66,325.58 24.9% 6411882 Wages -Overtime 2,456.55 2,456.55 19,662.06 19,662.06 (19,662.06) 0.0% Total-CBR-SALARIES & BENEFITS 35,682.34 - 39,609.00 50.00 (3,926.66) (50.00) 267,082.92 2,431.86 288,254.00 1,750.00 (21,171.08) 681.86 330,423.00 1,850.00 63,340.08 19.2% 0.0% 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts 6413742 Supplies -Expendable 147.73 150.00 (2.27) 5,445.92 5,750.00 (304.08) 6,750.00 1,304.08 19.3% 6413748 Supplies -Fuel for Shuttle - - - - - - - - 0.0% 6413752 Supplies -Range Balls - - - 14,681.25 10,000.00 4,681.25 10,000.00 (4,681.25) -46.8% 6413762 Supplies -Office - 50.00 (50.00) 86.05 425.00 (338.95) 525.00 438.95 83.6% 6413768 Supplies -Printing and Stationary - 70.00 (70.00) - 280.00 (280.00) 420.00 420.00 100.0% 6413786 Supplies -Towels 240.00 250.00 (10.00) 3,036.34 1,860.00 1,176.34 2,182.00 (854.34) -39.2% 6413796 Supplies -Bottled Water 2,500.00 (2,500.00) 22,388.04 25,000.00 (2,611.96) 30,000.00 7,611.96 25.4% Total-CBR-SUPPLIES & MATERIALS 387.73 8,168.71 3,070.00 300.00 (2,682.27) 7,868.71 48,069.46 31,235.06 45,065.00 3,000.00 3,004.46 28,235.06 51,727.00 3,600.00 4,239.40 (27,635.06) 8.2% 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 6415695 CBR-R&M-Cart Maintenance & Repa 1,471.00 1,503.00 (32.00) 15,815.14 15,030.00 785.14 18,036.00 2,220.86 12.3% Total-CBR-REPAIRS & MAINTENANCE 9,639.71 404.61 1,803.00 800.00 7,836.71 (395.39) 47,050.20 5,141.43 18,030.00 8,000.00 29,020.20 (2,858.57) 21,636.00 9,600.00 (25,414.20) 4,458.57 -117.5% 46.4% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 6419220 Freight/Delivery - - - - 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous 221.29 600.00 (378.71) 1,921.18 6,000.00 (4,078.82) 7,200.00 5,278.82 73.3% 6419820 Uniforms 60.46 60.46 3,332.53 3,500.00 (167.47) 5,200.00 1,867.47 35.9% Total-CBR-OTHER EXPENSES 686.36 46,396.14 800.00 1,400.00 45,882.00 813.00 (713.64) (713.64) (13.00) 10,395.14 372,597.72 7,066.46 17,950.00 369,299.00 6,908.00 (7,554.86) 3,298.72 158.46 22,450.00 426,236.00 7,766.00 12,054.86 54,220.14 699.54 53.7% 12.7% 9.0% TOTAL-CARTS,BAGROOM & RANGE 643-CS-SALARIES & BENEFITS 6431325 Insurance -Workers Comp 6431800 Taxes -Employer Payroll 1,559.09 975.00 584.09 10,415.32 8,283.00 2,132.32 9,308.00 (1,107.32) 6431880 Wages -Hourly 12,298.08 9,998.00 2,300.08 82,933.98 84,934.00 (2,000.02) 95,471.00 12,537.02 13.1 6431882 Wages -Overtime 0.0% Total -CS -SALARIES & BENEFITS 14,657.17 498.61 11,786.00 100.00 2,871.17 398.61 100,415.76 1,265.39 100,125.00 900.00 290.76 365.39 112,545.00 1,050.00 12,129.24 (215.39) 10.8% 643-CS-OTHER EXPENSES 6433742 Supplies Expendable 6439490 Miscellaneous - - - 32.60 200.00 (167.40) 200.00 167.40 83.7% 6439718 Safety Equipment & Training - 50.00 (50.00) 140.00 500.00 (360.00) 600.00 460.00 76.7% 6439820 Uniforms 400.00 (400.00) 1,671.37 1,975.00 (303.63) 2,125.00 453.63 21.3% Total -CS -OTHER EXPENSES 498.61 550.00 (51.39) 3,109.36 3,575.00 (465.64) 3,975.00 865.64 21.8% Total -COURSE SERVICES 15,155.78 12,336.00 2,819.78 103,525.12 103,700.00 (174.88) 116,520.00 12,994.88 11.2% TOTAL OUTSIDE SERVICES 61. 551.92 58,218.00 3,333.92 476,122.84 472,999.00 3.123.84 542,756.00 66,349.38 12.2% SilverRock Resort Clubhouse Expense Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Annual Final Budget Variance Budget Variance Variance Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 400.00 400.00 4,000.00 4,000.00 4,800.00 800.00 16.7% Total -CH -SUPPLIES & MATERIALS 400.00 400.00 4,000.00 4,000.00 4,800.00 800.00 16.7% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 1,012.27 1,000.00 12.27 9,105.35 10,000.00 (894.65) 12,000.00 2,894.65 24.1% 6507840 Utilities -Telephone 1,153.76 1,750.00 (596.24) 15,079.36 17,500.00 (2,420.64) 21,000.00 5,920.64 28.2% 6507842 Utilities -Water 586.12 321.00 265.12 5,795.69 3,210.00 2,585.69 3,852.00 (1,943.69) -50.5% 6507844 Utilities -Cable 420.07 380.00 40.07 4,400.20 3,800.00 600.20 4,560.00 159.80 3.5% Total -CH -UTILITIES 3,172.22 3,451.00 (278.78) 34,380.60 34,510.00 (129.40) 41,412.00 7,031.40 17.0% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 1,098.02 2,850.00 (1,751.98) 26,690.97 28,500.00 (1,809.03) 34,200.00 7,509.03 22.0% 6509099 Contract Services -Security 6,579.20 6,800.00 (220.80) 74,762.80 68,000.00 6,762.80 81,600.00 6,837.20 8.4% 6509215 Flowers & Decorations 1,500.00 (1,500.00) 1,900.00 1,900.00 100.0% 6509490 Miscellaneous - - - - 0.0% 6509718 Safety Equipment & Training 100.00 (100.00) 140.00 1,000.00 (860.00) 1,200.00 1,060.00 88.3% Total -CH -OTHER EXPENSES 7,677.22 9,750.00 (2,072.78) 101,593.77 99,000.00 2,593.77 118,900.00 17,306.23 14.6% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 440.75 300.00 140.75 5,483.61 3,000.00 2,483.61 3,600.00 (1,883.61) -52.3% 6515686 CH -R&M -Restaurant Repairs - 700.00 (700.00) 3,537.00 7,000.00 (3,463.00) 8,400.00 4,863.00 57.9% 6515690 CH -R&M -Equipment Repair 706.39 700.00 6.39 2,326.28 7,000.00 (4,673.72) 8,400.00 6,073.72 72.3% Total -CH -REPAIRS & MAINTENANCE 1,147.14 1 12,396.58 1,700.00 15,301.00 (552.86) (2,904.42)1 11,346.89 151,321.26 17,000.00 154,510.00 (5,653.11) (3,188.74)1 20,400.00 185,512.00 9,053.11 18,106.22 44.4% 9.8% Total CLUBHOUSE SilverRock Resort General and Administrative Expense Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Final Budget Variance Final Budget Variance Annual Budget Ulnemcumb. % Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 5,271.35 3,117.00 2,154.35 42,671.55 31,170.00 11,501.55 37,404.00 (5,267.55) -14.1 6701325 Insurance -Workers Comp 1,900.00 1,951.00 (51.00) 19,243.84 20,351.00 (1,107.16) 24,251.00 5,007.16 20.6% 6701720 Salaries 21,914.63 20,141.00 1,773.63 190,072.63 201,410.00 (11,337.37) 266,243.00 76,170.37 28.6% 6701800 Taxes -Employer Payroll 4,367.12 2,338.00 2,029.12 24,991.92 24,391.00 600.92 29,069.00 4,077.08 14.0% 6701880 Wages -Hourly 6,332.34 3,840.00 2,492.34 69,218.90 48,768.00 20,450.90 31,900.00 (37,318.90) -117.0% 6701882 Wages -Overtime 76.66 76.66 Total-G&A-SALARIES & BENEFITS 39,785.44 31,387.00 8,398.44 346,275.50 326,090.00 20,185.50 388,867.00 42,591.50 11.0% 67-G&A-SUPPLIES & MATERIALS 350.47 500.00 (149.53) 2,346.71 5,000.00 (2,653.29) 6,300.00 3,953.29 62.8% 6703740 Supplies -Computer 6703762 Supplies -Office 100.00 105.00 (5.00) 696.68 1,050.00 (353.32) 1,260.00 563.32 44.7% 6703768 Supplies -Printing & Stationery 254.64 400.00 (145.36) 1,947.87 2,500.00 (552.13) 3,300.00 1,352.13 41.0% Total-G&A-SUPPLIES & MATERIALS 705.11 1,005.00 299.89 4,991.26 8,550.00 (3,558.74) 10,860.00 5,868.74 54_0% 67-G&A-REPAIRS & MAINTENANCE - 100.00 (100.00) 165.78 1,700.00 (1,534.22) 1,900.00 1,734.22 91_3% 6705690 Repairs & Maintenance -Equipment Total-G&A-REPAIRS & MAINTENANCE 100.00 (100.00) 165.78 1,700.00 (1,534.22) 1,900.00 1,734.22 91_3% 67-G&A-0THER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 - 5,000.00 5,000.00 - 6,000.00 1,000.00 16.7% 6709150 Dues & Subscriptions - 50.00 (50.00) 482.05 900.00 (417.95) 1,550.00 1,067.95 68.9% 6709180 Employee Recruiting/Relocation 105.00 - 105.00 2,085.33 1,200.00 885.33 1,200.00 (885.33) -73.8% 6709197 Equipment Rental 898.72 550.00 348.72 8,394.64 5,500.00 2,894.64 6,600.00 (1,794.64) -27.2 6709202 Fees -Bank 82.67 90.00 (7.33) 585.45 900.00 (314.55) 1,080.00 494.55 45.8% 6709208 Fees -Payroll Processing 1,557.76 1,000.00 557.76 17,177.12 10,000.00 7,177.12 12,000.00 (5,177.12) -43.1 6709220 Freight/Delivery - 50.00 (50.00) - 500.00 (500.00) 600.00 600.00 100.0% 6709490 Miscellaneous - 100.00 (100.00) 8,138.89 5,800.00 2,338.89 6,000.00 (2,138.89) -35.6% 6709620 Postage/Mail Services 201.00 75.00 126.00 1,195.82 750.00 445.82 900.00 (295.82) -32.9% 6709625 Expense Professional Fees 1,419.00 1,500.00 (81.00) 14,512.89 25,000.00 (10,487.11) 28,000.00 13,487.11 48.2% 6709636 Promotion/Entertainment - 100.00 (100.00) 94.61 1,000.00 (905.39) 1,200.00 1,105.39 92.1 6709722 Seminars & Training - 200.00 (200.00) 1,553.78 3,000.00 (1,446.22) 3,400.00 1,846.22 54.3% 6709810 Travel - 200.00 (200.00) - 400.00 (400.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms 108.20 75.00 33.20 1,865.14 900.00 965.14 1,050.00 (815.14) .77.6/ Total-G&A-0THER EXPENSES 4,872.35 1 45,362.90 4,490.00 36,982.00 382.35 8,380.90 61,085.72 412,518.26 60,850.00 397,190.00 235.72 15,328.26 70,680.00 1 472,307.00 9,594.28 59,788.74 13.6% 12.7% Total -GENERAL & ADMINISTRATIVE SilverRock Resort Marketing Expense Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Annual Final 1 Budget Variance Final Budget Variance Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320Insurance-Group 415.23 387.00 28.23 1,935.77 1,935.00 0.77 2,709.00 773.23 28.5% 6601325Insurance-Workers Comp 100.00 102.00 (2.00) 802.00 1,020.00 (218.00) 1,220.00 418.00 34.3% 6601720 Salaries 1,250.00 1,250.00 13,750.00 12,500.00 1,250.00 15,000.00 1,250.00 8.3°% 6601800 Tax -Employer Payroll 122.00 122.00 - 1,442.00 1,220.00 222.00 1,463.00 21.00 1.4% Total -MKT -SALARIES & BENEFITS 1,887.23 303.11 1,861.00 100.00 26.23 203.11 17,929.77 544.83 16,675.00 1,000.00 1,254.77 (455.17) 20,392.00 1,200.00 2,462.23 655.17 12.1% 54.6% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 6603768 Supplies -Printing & Stationery 124.44 125.00 (0.56) 6,269.67 4,175.00 2,094.67 4,425.00 (1,844.67) -41.7% Total -MKT -SUPPLIES & MARKETING 427.55 225.00 202.55 6,814.50 5,175.00 1,639.50 5,625.00 (1,189.50) -21.1% 66-MKT-UTILITIES 6607840 Utilities -Telephone 206.96 100.00 106.96 1,892.95 1,000.00 892.95 1,200.00 (692.95) -57.7% Total -MKT -UTILITIES 206.96 100.00 106.96 1,892.95 1,000.00 892.95 1,200.00 (692.95) -57.7% 66-MKT-OTHER EXPENSES 6609010 Advertising 9,394.99 11,946.00 (2,551.01) 81,089.24 116,475.00 (35,385.76) 129,762.00 48,672.76 37.5% 6609040 Business Meals - 25.00 (25.00) 74.33 250.00 (175.67) 300.00 225.67 75.2% 6609080 Collateral Material 500.00 (500.00) 12,572.82 3,500.00 9,072.82 5,500.00 (7,072.82) -128.6°% 6609102 Contract Services -Web Page 150.00 (150.00) - 1,500.00 (1,500.00) 1,800.00 1,800.00 100.0% 6609150 Dues & Subscriptions - 735.00 (735.00) 350.00 350.00 100.0% 6609620 Postage 50.00 (50.00) 300.00 (300.00) 600.00 600.00 100.0% 6609490 Miscellaneous - 50.00 (50.00) - 500.00 (500.00) 700.00 700.00 100.0% 6609630 Promotion 31.16 31.16 142.73 1,000.00 (857.27) 2,250.00 2,107.27 93.7% 6609633 Promotion -Cu mmunity - 75.00 (75.00) 625.00 2,100.00 (1,475.00) 1,000.00 375.00 37.5% 6609634 Promotion-MediaNendor 50.00 (50.00) 1,040.40 600.00 440.40 735.00 (305.40) -41.6% 6609820 Uniforms 50.00 (50.00) 230.63 600.00 (369.37) 600.00 369.37 61.6% Total- MKT- OTHER EXPENSES 9,426.15 12,896.00 (3,469.85) 959775.15 1279560.00 (31,784.85) 1439597.00 47,821.85 33.3 % TOTAL MARKETING 11,947.89 15,082.00 (3,134.11) 122,412.37 150,410.00 (27,997.63) 170,814.00 48,401.63 28.3% Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement April 2024 Month to Date Year to Date Annual Budget April 2024 Annual Final Budget Variance Final Budget Variance Budget Unemcumb. % Budget Expense 68-LEASES 6800192 Equipment Leases -Carts - 14,000.00 (14,000.00) 73,255.63 126,344.00 (53,088.37) 154,344.00 81,088.37 52.5% 6800193 Equipment Leases -Maintenance 18,310.28 18,150.00 160.28 183,073.87 181,500.00 1,573.87 217,800.00 34,726.13 15.9% 6800196 Equipment Leases-GPS 4,664.00 2,750.00 1,914.00 32,472.00 27,500.00 4,972.00 33,000.00 528.00 1.6% 6800197 Equipment Leases -Others 1,217.14 1,950.00 (732.86) 11,005.72 16,300.00 (5,294.28) 20,200.00 9,194.28 45.5% Total -LEASES 24,191.42 36,850.00 (12,658.58) 299,807.22 351,644.00 (51,836.78) 425,344.00 125,536.78 29.5% 69-M/SC OTHER EXPENSES 10,892.00 10,892.00 - 108,920.00 108,920.00 - 130,704.00 21,784.00 16.7% 6900096 Contract Srvcs-Management Fee 6900210 FF&E Reserve 9,917.53 9,762.00 155.53 76,277.51 72,359.00 3,918.51 82,217.00 5,939.49 7.2% 6900323 Insurance -Commercial 6,698.74 8,917.00 (2,218.26) 67,953.16 89,170.00 (21,216.84) 107,000.00 39,046.84 36.5% 6900800 Personal Property Taxes - - - 15,268.68 11,800.00 3,468.68 11,800.00 (3,468.68) -29.4% Total-M/SC OTHER EXPENSES 27,508.27 29,571.00 (2,062.73) 268,419.35 282,249.00 (13,829.65) 331,721.00 63,301.65 19.1% 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 9 7 16 16 4 4 12 3 10 7 11 9 26 14 7 31 55 4 6 38 0 24 25 66 98 4 6 13 14 6 13 4 4 16 10 17 22 21 33 38 34 41 12 47 27 60 81 113 118 0 0 10