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05 November 2024 SilverRock Resort - Monthly Financial StatementSILVERROCK 0 R E S O R T Monthly Financial Statements July 01, 2024 - November 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 8t Administrative Expense Statement 8 Operating Leases 8t Miscellaneous Expense Statement 9 Complimentary Report 10 SilverRock Resort Summary Operating Income Statement November 2024 Month to Date Year to Date Annual Budget November Percentage G L # Series Account Description Income 2024 Final Budget Variance Difference Final Budget Variance Annual Budget Unemcumb. % Bdgt 400000 Golf Green Fee Revenue 395,687.00 577,800.00 (182,113.00) -31.5% 666,292.91 953,154.00 (286,861.09) 4,406,783.00 3,740,490.09 15% 401000 Miscellaneous Golf Revenue 16,755.00 18,000.00 (1,245.00) -6.9% 32,088.11 31,000.00 1,088.11 179,960.00 147,871.89 18% 410000 Revenue -Golf Shop 16,443.36 29,700.00 (13,256.64) -44.6% 36,248.97 50,023.00 (13,774.03) 247,518.00 211,269.03 15% 420000 Food & Beverage Revenue 74,749.53 94,770.00 (20,020.47) -21.1% 142,062.08 167,200.00 (25,137.92) 774,989.00 632,926.92 18% Total Income 503,634.89 720,270.00 (216,635.11) -30.08% 876,692.07 1,201,377.00 (324,684.93) 5,609,250.00 4,732,557.93 16% Cost of Goods Sold 510000 COS -Golf Shop 10,501.65 $ 16,622.00 (6,120.35) 36.8% 23,231.27 27,991.00 4,759.73 138,526.00 115,294.73 17% 520000 COS -Food & Beverage 43,613.92 $ 27,440.00 16,173.92 -58.9% 72,735.44 48,647.00 (24,088.44) 221,939.00 149,203.56 33% Total COS 54,115.57 44,062.00 10,053.57 -22.8% 95,966.71 76,638.00 (19,328.71) 360,465.00 264,498.29 27% 449,519.32 676,208.00 (226,688.68) 780,725.36 1,124,739.00 (344,013.64) 5,248,785.00 4,468,059.64 Gross Profit -33.5% 15% Ex enses 610000 Golf Pro Shop 15,521.10 27,174.00 (11,652.90) 42.9% 90,549.04 84,102.00 6,447.04 281,235.00 190,685.96 32% 630000 Course Maintenance 181,493.81 152,966.00 28,527.81 -18.6% 1,033,818.69 979,352.00 54,466.69 2,076,015.00 1,042,196.31 50% 633000 Maintenance Water & Energy 24,568.77 33,620.00 (9,051.23) 26.9% 148,963.63 142,440.00 6,523.63 333,584.00 184,620.37 45% 640000 Outside Services 36,296.92 75,233.00 (38,936.08) 51.8% 180,067.57 189,961.00 (9,893.43) 598,965.00 418,897.43 30% 650000 Clubhouse 11,793.48 13,698.00 (1,904.52) 13.9% 65,172.16 70,990.00 (5,817.84) 168,276.00 103,103.84 39% 660000 Marketing 4,857.20 22,457.00 (17,599.80) 78.4% 50,321.67 55,750.00 (5,428.33) 170,826.00 120,504.33 29% 670000 General & Administrative 33,754.45 43,769.00 (10,014.55) 22.9% 197,487.03 214,645.00 (17,157.97) 520,777.00 323,289.97 38% 680000 Leases 25,368.85 34,722.00 (9,353.15) 26.9% 127,060.55 153,010.00 (25,949.45) 421,264.00 294,203.45 30% 690000 Miscellaneous Other Expense 24,874.19 27,593.00 (2,718.81) 9.9% 101,165.23 114,246.00 (13,080.77) 295,568.00 194,402.77 34% 620000 Food & Beverage Expenses 41,373.70 51,981.00 (10,607.30) 20.4% 164,811.83 183,732.00 (18,920.17) 609,573.00 444,761.17 34% Total Expenses 399,902.47 483,213.00 (83,310.53) 17.2% 2,159,417.40 2,188,228.00 (28,810.60) 5,476,083.00 2,871,904.43 39% Net Income 49,616.85 192,995.00 (143,378.15) -46.4% (1,378,692.04) (1,063,489.00) (315,203.04) (227,298.00) 1,596,155.21 400000 Rounds of Golf Played Paid Rounds Played 3,788 5,400 (1,612) -29.9% 8,066 11,850 (3,784) 44,545 36,4 99 18% Ave $ Per Paid Round Green Fee 104.46 107.00 (2.54) -2.4% 82.61 80.43 2.17 98.93 16.32 83% Ave $ Per Paid Round MerchandiSE 4.34 5.50 (1.16) -21.1% 4.49 4.22 0.27 5.56 1.06 81% Ave $ Per Paid Miscellaneous 4.42 3.33 1.09 32.7% 3.98 2.62 1.36 4.04 0.06 98% SilverRock Resort Statement of Fees - Revenue November 2024 Month to Date Year to Date Annual Budget November Income 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 395,687.00 577,800.00 (182,113.00) 666,292.91 953,154.00 (286,861.09) 4,406,783.00 3,740,490.09 84.9% 4010000 Rider Fee 2,030.00 2,500.00 (470.00) 3,945.00 6,100.00 (2,155.00) 22,190.00 18,245.00 82.2% 4040000 Club Rental 2,785.00 3,900.00 (1,115.00) 6,487.11 6,450.00 37.11 42,175.00 35,687.89 84.6% 4050000 Driving Range 11,640.00 10,000.00 1,640.00 19,689.00 14,500.00 5,189.00 102,000.00 82,311.00 80.7% 4060000 Handicap Fees - 600.00 (600.00) 722.00 1,950.00 (1,228.00) 4,595.00 3,873.00 84.3% 4090000 Ball Retriever/Subcontract - 1,000.00 (1,000.00) 945.00 1,000.00 (55.00) 6,500.00 5,555.00 85.5% 4091000 Golf Professional Rental Fee 300.00 - 300.00 300.00 1,000.00 (700.00) 2,500.00 2,200.00 88.0% Total Miscellaneous Revenue 16,755.00 412,442.00 18,000.00 595,800.00 (1,245.00) (183,358.00) 32,088.11 698,381.02 31,000.00 984,154.00 1,088.11 (285,772.98) 179,960.00 4,586,743.00 147,871.89 3,888,361.98 82.2% 84.8% Total Revenue Fees Total Income 412,442.00 1 595,800.00 1 (183,358.00) 698,381.02 984,154.00 (285,772.98) 4,586,743.00 3,888,361.98 84.8% SilverRock Resort Golf Shop Income Statement November 2024 Month to Date Year to Date Annual Budget November Income 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Bud et 4100000 Sales Miscellaneous _ _ _ (2,512.52) (2,512.52) 0 0 0% 4100110 Sales Hard Goods 7,428.78 7,425.00 3.78 19,688.99 12,505.00 7,183.99 61,406.00 41,717.01 67.9 4100112 Sales -Soft Goods 9,014.58 22,275.00 (13,260.42) 19,072.50 37,518.00 (18,445.50) 185,638 166,565.63 89.7% 5100639 GS-Discounts-Mdse - - - - 0.0% Total Revenue Golf Shop 16,443.36 29,700.00 (13,256.64) 36,248.97 50,023.00 (13,774.03) 247,044.13 208,282.64 84.3 Cos 5100150 COS-GS-Hard Goods 4,055.05 4,306.00 (250.95) 10,308.35 7,251.00 3,057.35 35,890.00 25,581.65 71.3 5100151 COS-GS-Soft Goods 6,273.90 12,919.00 (6,645.10) 12,302.61 21,758.00 (9,455.39) 107,670.00 95,367.39 88.6% 5100152 COS-GS-Purchase Disc (665.27) (861.00) 195.73 (726.66) (1,451.00) 724.34 (7,178.00) (6,451.34) 0.0 5100220 COS-GS-Freight Merch 837.97 258.00 579.97 1,346.97 433.00 913.97 2,153.00 806.03 37.4% Cost of Sales - Golf Shop 10,501.65 16,622.00 (6,120.35) 23,231.27 27,991.00 (4,759.73) 138,535.00 115,303.73 83.2 Gross Profit 5,941.71 13,078.00 (7,136.29) 13,017.70 22,032.00 (9,014.30) 108,509.13 92,978.91 85.7 Cos % 63.9 % 56.0 % -7.9 % 64.1 % 56.0 % -8.1 % 53.1 % 55.4 % 104.3 Expense 61-PS-SALARIES & BENEFITS 380.01 1,539.00 (1,158.99) 2,492.96 7,695.00 (5,202.04) 18,468.00 15,975.04 86.5% 6101320 Insurance Group 6101325 Insurance -Workers Comp 795.05 1,642.00 (846.95) 3,547.00 4,727.00 (1,180.00) 16,380.00 12,833.00 78.3% 6101720 Salaries 6,384.00 6,575.00 (191.00) 35,112.00 32,875.00 2,237.00 78,900.00 43,788.00 55.5% 6101800 Taxes -Employer Payroll 1,029.46 2,026.00 (996.54) 6,323.43 5,835.00 488.43 20,212.00 13,888.57 68.7% 6101880 Wages -Hourly 6,570.46 14,207.00 (7,636.54) 38,366.90 26,970.00 11,396.90 128,400.00 90,033.10 70.1% 6101882 Wages -Overtime 3.38 3.38 9.98 9.98 (9.98) 0.0% Total -PS-SALARIES & BENEFITS 15,162.36 25,989.00 (10,826.64) 85,852.27 78,102.00 7,750.27 262,360.00 176,507.73 67.3 61-PS OTHER EXPENSES 6103762 Supplies -Office 231.69 250.00 (18.31) 862.00 1,250.00 (388.00) 3000.00 2,138.00 71.3% 6109150 Dues and Subscriptions _ _ 2300.00 2,300.00 100.0 6109220 Freight & Delivery 25.00 (25.00) 50.00 (50.00) 75.00 75.00 100.0 6109490 Miscellaneous 500.00 (500.00) 661.75 2,500.00 (1,838.25) 6,000.00 5,338.25 89.0% 6109500 ProShop Over/Under (13.99) - (13.99) 3.44 3.44 - (3.44) 0.0% 6109722 Seminars/Training 150.00 950.00 (800.00) 3,690.00 3,540.00 95.9% 6109810 Travel- Merchandise _ 90.00 90.00 100.0% 6109820 Uniforms 71.19 300.00 (228.81) 2,551.54 700.00 1,851.54 2,400.00 (151.54) -6.3% 6117840 Telephones 69.85 110.00 (40.15) 468.04 550.00 (81.96) 1,320.00 851.96 64.5 Total - Other Expenses 358.74 1,185.00 (826.26) 4,696.77 6,000.00 (1,303.23) 18,875.00 14,178.23 75.1 Total Expenses -Golf Shop 15,521.10 27,174.00 (11,652.90) 90,549.04 84,102.00 6,447.04 281,235.00 190,685.96 67.8% Net Income (9,579.39) (14,096.00) 4.516.61 (77,531.34) (62,070.00) 115.461.34) (172,725.88) (97,707.06) 56.6 SilverRock Resort Course Maintenance Expense Statement November 2024 Month to Date Year to Date Annual Budget November 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 9,952.18 8,619.00 1,333.18 48,340.72 41,043.00 7,297.72 100,863.00 52,522.28 52.1 6311325 Insurance -Workers Comp 3,376.85 3,449.00 (72.15) 12,812.89 16,383.00 (3,570.11) 41,298.00 28,485.11 69.0% 6311720 Salaries 16,152.00 17,210.00 (1,058.00) 83,836.00 86,050.00 (2,214.00) 206,520.00 122,684.00 59.4% 6311800 Taxes -Employer Payroll 5,061.91 7,130.00 (2,068.09) 32,005.42 34,261.00 (2,255.58) 85,580.00 53,574.58 62.6% 6311880 Wages -Hourly 50,001.36 53,871.00 (3,869.64) 258,003.06 243,640.00 14,363.06 640,702.00 382,698.94 59.7% 6311882 Wages-0vertime 1,014.38 2,052.00 (1,037.62) 19,133.60 21,700.00 (2,566.40) 30,518.00 11,384.40 37.3% Total -CM -SALARIES & BENEFITS 85,558.68 92,331.00 (6,772.32) 454,131.69 443,077.00 11,054.69 1,105,481.00 47,000.00 651,349.31 23,459.23 58.9 49.9% 63-CM-SUPPLIES & MATERIALS 6,746.27 2,000.00 4,746.27 23,540.77 33,000.00 (9,459.23) 6313745 Chemicals 6313744 Fertilizer 25,443.33 10,000.00 15,443.33 69,164.50 59,000.00 10,164.50 114,000.00 44,835.50 39.3% 6313746 Flowers/Plants - - - 1,895.93 6,000.00 (4,104.07) 13,000.00 11,104.07 85.4% 6313748 Fuel -Gasoline 4,507.73 6,800.00 (2,292.27) 27,092.36 34,000.00 (6,907.64) 81,600.00 54,507.64 66.8% 6313750 Golf Course Accessories 1,791.20 - 1,791.20 13,074.95 14,000.00 (925.05) 16,000.00 2,925.05 18.3 6313756 POA Control - - - 8,542.53 - 8,542.53 10,000.00 1,457.47 14.6% 6313758 Miscellaneous Supp 378.06 500.00 (121.94) 3,027.25 3,250.00 (222.75) 5,950.00 2,922.75 49.1 6313776 Sand 871.09 2,500.00 (1,628.91) 16,561.05 8,500.00 8,061.05 8,500.00 (8,061.05) -94.8% 6313778 Seed 20,828.00 - 20,828.00 147,630.50 150,000.00 (2,369.50) 150,000.00 2,369.50 1.6% 6313780 Small Tools & Non -Capital Equip 168.36 600.00 (431.64) 1,953.23 3,000.00 (1,046.77) 7,025.00 5,071.77 72.2 6313782 Sod - - - 10,251.23 11,000.00 (748.77) 15,500.00 5,248.77 33.9% 6313784 Topdressing 3,334.47 6,000.00 (2,665.53) 19,000.00 15,665.53 82.5% Total -CM -SUPPLIES & MATERIALS 60,734.04 22,400.00 38,334.04 326,068.77 327,750.00 (1,681.23) 487,575.00 52,152.00 161,506.23 30,422.00 33.1 58.3 63-CM-REPAIRS & MAINTENANCE 4,346.00 4,346.00 - 21,730.00 21,730.00 - 6315095 CM -R&M -Contract Lake Maint 6315685 CM-R&M-Bldngs & Othr Structures - 500.00 (500.00) 1,178.50 2,500.00 (1,321.50) 6,000.00 4,821.50 80.4% 6315690 CM -R&M -Equipment 4,107.19 5,000.00 (892.81) 29,514.44 25,500.00 4,014.44 46,500.00 16,985.56 36.5% 6315692 CM -R&M -Irrigation System 1,874.62 1,500.00 374.62 19,882.09 17,000.00 2,882.09 33,250.00 13,367.91 40.2% 6315696 CM -R&M -Pumps 1,000.00 1,000.00 - 2,522.50 5,000.00 (2,477.50) 10,500.00 7,977.50 76.0% 6315815 CM -R&M -Trees -Pruning Etc 23,319.00 6,550.00 16,769.00 16,550.00 (6,769.00) -40.9% 11,327.81 12,346.00 (11018.19) Total -CM-Repair & Maintenance 98,146.53 78,280.00 19,866.53 164,952.00 360.00 66,805.47 207.16 40.5% 0.0% 6317836 Utilities -Natural Gas/LPG 27.22 30.00 (2.78) 152.84 150.00 2.84 6317840 Telephones 555.68 475.00 80.68 2,513.00 2,375.00 138.00 5,700.00 3,187.00 55.9% 582.90 505.00 77.90 Total -CM -UTILITIES 2,665.84 2,525.00 140.84 6,060.00 3,394.16 56.0 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 2,000.00 2,000.00 - 4,800.00 2,800.00 58.3% 6319100 Contract Svcs-Soil/Tissue Test 260.00 - 260.00 362.00 1,500.00 (1,138.00) 4,500.00 4,138.00 92.0 6319102 Contract Svcs -Trash Removal 416.75 524.00 (107.25) 1,417.58 2,620.00 (1,202.42) 6,288.00 4,870.42 77.5 6319150 Dues & Subscriptions - - - 3,356.85 - 3,356.85 1,100.00 (2,256.85) -205.2% 6319170 Employee Education - 50.00 (50.00) 3,400.00 250.00 3,150.00 3,900.00 500.00 12.8% 6319197 Equipment Rental 261.32 600.00 (338.68) 2,565.15 2,100.00 465.15 3,400.00 834.85 24.6% 6319206 Licenses & Permits - - - 2,366.46 350.00 2,016.46 4,300.00 1,933.54 45.0 6319490 Miscellaneous 176.27 100.00 76.27 939.78 500.00 439.78 1,200.00 260.22 21.7% 6319718 Safety Equipment & Training - 500.00 (500.00) 771.10 2,350.00 (1,578.90) 3,850.00 3,078.90 80.0 6319822 Uniforms 1,107.78 1,210.00 (102.22) 5,878.69 6,050.00 (171:310) 14,520.00 8,641.31 59.5% Total -CM -OTHER EXPENSES 2,622.12 3,384.00 (761.88) 23,057.61 17,720.00 5,337.61 47,858.00 24,800.39 51.82% SilverRock Resort Course Maintenance Expense Statement November 2024 Month to Date Year to Date Annual Budget November anance ma - AnnualoudgetUnemcumb. % Budget 631-CM-CONTRACT SERVICES 6321880 Contract Labor Total Contract Service Tot l-COURSE MAINTENANCE 20,668.26 20,668.26 22,000.00 (1,331.74) 22,000.00 (1,331.74) 129,748.25 110,000.00 129,748.25 110,000.00 19,748.25 19,748.25 264,000.00 264,000.00 2,075,926.00 134,251.75 134,251.75 1,042,107.31 50.9% 50.9% 50.2% 181,493.81 152,966.00 28,527.81 1,033,818.69 979,352.00 54,466.69 Silverrock Resort Course Maintenance Water & Energy November 2024 Month to Date Year to Date Annual Budget November variance Ana AnnualBudget Unemcumb. % Budget 633-CM-WATER & ENERGY 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total -CM -WATER & ENERGY 14,113.83 10,454.94 24,568.77 19,140.00 (5,026.17) 14,480.00 (4,025.06) 33,620.00 19.051.23) 90,852.48 93,140.00 58,111.15 49,300.00 148,963.63 142,440.00 (2,287.52) 8,811.15 6,523.63 236,340.00 97,244.00 333,584.00 145,487.52 39,132.85 184,620.37 61.6% 40.2/ 55.3 SilverRock Resort Outside Services Expense Statement November 2024 Month to Date Year to Date Annual Budget November 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense SALARIES & BENEFITS 6411320 Insurance -Group 396.58 1,539.00 (1,142.42) 3,556.48 5,643.00 (2,086.52) $ 16,416.00 12,859.52 78.3% 6411325 Insurance -Workers Comp 700.36 2,130.00 (1,429.64) 4,849.45 6,128.00 (1,278.55) $ 22,483.00 17,633.55 78.4% 6411800 Taxes -Employer Payroll 810.34 3,357.00 (2,546.66) 5,668.63 9,657.00 (3,988.37) $ 35,424.00 29,755.37 84.0% 6411880 Wages -Hourly 9,698.70 26,960.00 (17,261.30) 63,808.14 77,574.00 (13,765.86) $ 284,534.00 220,725.86 77.6% 6411882 Wages -Overtime 700.49 700.49 1,473.19 1,473.19 $ (1,473.19) 0.0% Total-CBR-SALARIES & BENEFITS 12,306.47 33,986.00 (21,679.53) 79,355.89 99,002.00 (19,646.11) 358,857.00 1,850.00 279,501.11 77.9% 0.0% 641-CBR-SUPPLIES & MATERIALS - 500.00 (500.00) - 1,000.00 (1,000.00) 6413732 Supplies -Carts 6413742 Supplies -Expendable 663.86 1,800.00 (1,136.14) 1,254.78 3,300.00 (2,045.22) 6,750.00 5,495.22 81.4% 6413748 Supplies -Fuel for Shuttle - - - - - - - - 0.0% 6413752 Supplies -Range Balls 14,681.25 15,000.00 (318.75) 14,681.25 15,000.00 (318.75) 15,000.00 318.75 2.1 6413762 Supplies -Office - 50.00 (50.00) - 175.00 (175.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary - - - - - - 420.00 420.00 100.0% 6413786 Supplies -Towels 480.00 185.00 295.00 1,920.00 665.00 1,255.00 2,182.00 262.00 12.0% 6413796 Supplies -Bottled Water 2,500.00 (2,500.00) 14,960.00 12,500.00 2,460.00 30,000.00 15,040.00 50.1 Total-CBR-SUPPLIES & MATERIALS 15,825.11 20,035.00 (4,209.89) 32,816.03 32,640.00 176.03 56,727.00 3,600.00 22,060.97 2,281.17 38.9% 63.4% 641-CBR-REPAIRS & MAINTENANCE - 300.00 (300.00) 1,318.83 1,500.00 (181.17) 6415690 CBR-R&M-Equipment 6415695 CBR-R&M-Cart Maintenance & Rep 2,012.00 3,603.00 (1,591.00) 21,629.50 18,015.00 3,614.50 18,036.00 (3,593.50) Total-CBR-REPAIRS & MAINTENANCE 2,012.00 3,903.00 (1,891.00) 22,948.33 19,515.00 3,433.33 21,636.00 9,600.00 (1,312.33) 6,293.70 -6.1% 65.6% 641-CBR-OTHER EXPENSES 473.39 800.00 (326.61) 3,306.30 4,000.00 (693.70) 6419094 Contract Services-Laundry/Linen 6419220 Freight/Delivery - 75.00 (75.00) - 375.00 (375.00) 450.00 450.00 100.0% 6419490 Miscellaneous 817.81 600.00 217.81 1,231.41 3,000.00 (1,768.59) 7,200.00 5,968.59 82.9% 6419820 Uniforms 373.03 500.00 (126.97) 3,439.27 2,500.00 939.27 5,200.00 1,760.73 33.9% Total-CBR-OTHER EXPENSES 1,664.23 1,975.00 (310.77) 7,976.98 9,875.00 (1,898.02) $ 22,450.00 459,670.00 9,088.00 14,473.02 314,722.77 5,899.90 64.5% 68.5% 64.9% TOTAL-CARTS,BAGROOM & RANGE 31,807.81 59,899.00 (310.77) 143,097.23 161,032.00 (17,934.77) 643-CS-SALARIES & BENEFITS 576.98 1,011.00 (434.02) 3,188.10 1,818.00 1,370.10 6431325 Insurance -Workers Comp 6431800 Taxes -Employer Payroll 281.34 1,248.00 (966.66) 5,666.69 2,244.00 3,422.69 $ 11,214.00 5,547.31 49.5% 6431880 Wages -Hourly 3,418.08 12,800.00 (9,381.92) 20,418.25 23,017.00 (2,598.75) $ 115,017.00 94,598.75 82.2% 6431882 Wages -Overtime $ 0.0% Total -CS -SALARIES & BENEFITS 4,276.40 15,059.00 (10,782.60) 29,273.04 27,079.00 2,194.04 135,319.00 1,050.00 106,045.96 (4,005.09) 78.4% 643-CS-OTHER EXPENSES - 100.00 (100.00) 5,055.09 400.00 4,655.09 6433742 Supplies Expendable 6439490 Miscellaneous 41.23 50.00 (8.77) 41.23 100.00 (58.77) 200.00 158.77 79.4% 6439718 Safety Equipment & Training - 50.00 (50.00) - 250.00 (250.00) 600.00 600.00 100.0% 6439820 Uniforms 171.48 75.00 96.48 2,600.98 1,100.00 1,500.98 2,125.00 (475.98) Total -CS -OTHER EXPENSES 212.71 275.00 (62.29) 7,697.30 1,850.00 5,847.30 3,975.00 (3,722.30) -93.6% Total -COURSE SERVICES 4,489.11 15,334.00 (10,844.89) 36,970.34 28,929.00 8,041.34 139,294.00 102,323.66 73.5% TOTAL OUTSIDE SERVICES 36,296.92 75,233.00 (38.936.08) 180,067.57 189,961.00 (9.893.43) 598,964.00 420,768.73 70.2% SilverRock Resort Clubhouse Expense Statement November 2024 Month to Date Year to Date Annual Budget November Annual 2024 Final Budget Variance Budget Variance Variance Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 520.00 520.00 2,280.00 2,600.00 (320.00) 2,400.00 120.00 5.0% Total -CH -SUPPLIES & MATERIALS 520.00 520.00 2,280.00 2,600.00 (320.00) 2,400.00 120.00 5.0% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 658.91 1,000.00 (341.09) 4,014.92 5,000.00 (985.08) 12,000.00 7,985.08 66.5% 6507840 Utilities -Telephone 1,410.21 1,750.00 (339.79) 6,951.59 8,750.00 (1,798.41) 21,000.00 14,048.41 66.9% 6507842 Utilities -Water 728.95 608.00 120.95 3,374.38 3,040.00 334.38 7,296.00 3,921.62 53.8% 6507844 Utilities -Cable 432.32 420.00 12.32 2,136.35 2,100.00 36.35 5,040.00 2,903.65 57.6% Total--CH-UTILITIES 3,230.39 3,778.00 (547.61) 16,477.24 18,890.00 (2,412.76) 45,336.00 28,858.76 63.7% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 480.00 500.00 (20.00) 2,000.00 4,500.00 (2,500.00) 8,000.00 6,000.00 75.0% 6509099 Contract Services -Security 7,222.80 7,100.00 122.80 35,832.28 35,500.00 332.28 85,200.00 49,367.72 57.9% 6509215 Flowers & Decorations 500.00 (500.00) 1,900.00 1,900.00 100.0% 6509490 Miscellaneous 0.0% 6509718 Safety Equipment & Training 100.00 (100.00) 500.00 (500.00) 1,200.00 1,200.00 100.0% Total -CH -OTHER EXPENSES 7,702.80 7,700.00 2.80 37,832.28 41,000.00 (3,167.72) 96,300.00 58,467.72 60.7% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 340.29 300.00 40.29 3,444.61 1,500.00 1,944.61 3,600.00 155.39 4.3% 6515686 CH -R&M -Restaurant Repairs - 700.00 (700.00) 1,831.97 3,500.00 (1,668.03) 8,400.00 6,568.03 78.2% 6515690 CH -R&M -Equipment Repair 700.00 (700.00) 3,306.06 3,500.00 (193.94) 8,400.00 5,093.94 60.6% Total--CH-REPAIRS & MAINTENANCE 340.29 11,793.48 1,700.00 13,698.00 (1,359.71) __(1,204.5211 8,582.64 65,172.16 8,500.00 70,990.00 82.64 (5117.84) 20,400.00 164,436.00 11,817.36 23,634.72 57.9% 14.4% Total CLUBHOUSE SilverRock Resort Marketing Expense Statement November 2024 Month to Date Year to Date Annual Budget November 2024 Final I Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320Insurance-Group - - 415.23 415.23 $ 3,591.00 3,175.77 88.4% 6601325 Insurance -Workers Comp 129.05 99.00 30.05 539.37 495.00 44.37 $ 1,185.00 645.63 54.5% 6601720 Salaries 1,250.00 1,250.00 - 9,000.00 6,250.00 2,750.00 $ 15,000.00 6,000.00 40.0 6601800 Tax -Employer Payroll 122.00 122.00 - 976.00 610.00 366.00 $ 1,462.00 486.00 33.2% Total -MKT -SALARIES & BENEFITS 1,501.05 - 1,471.00 100.00 30.05 (100.00) 10,930.60 542.18 7,355.00 500.00 3,575.60 42.18 21,238.00 1,200.00 10,307.40 657.82 48.5 54.8% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 6603768 Supplies -Printing & Stationery 200.00 (200.00) 2,681.90 3,400.00 (718.10) 4,425.00 1,743.10 39.4 Total -MKT -SUPPLIES & MARKETING 300.00 (300.00) 3,224.08 3,900.00 (675.92) 5,625.00 2,400.92 42.7% 66-MKT-UTILITIES 6607840Utilities-Telephone 90.12 100.00 (9.88) 778.09 500.00 278.09 1,200.00 421.91 35.2% Total -MKT -UTILITIES 90.12 100.00 (9.88) 778.09 500.00 278.09 1,200.00 421.91 35.2% 66-MKT-OTHER EXPENSES 6609010Advertising 1,639.99 15,961.00 (14,321.01) 29,723.93 34,820.00 (5,096.07) 113,787.00 84,063.07 73.9% 6609040 Business Meals 25.00 (25.00) - 125.00 (125.00) 300.00 300.00 100.0% 6609080 Collateral Material 1,421.57 3,500.00 (2,078.43) 5,245.88 6,500.00 (1,254.12) 21,000.00 15,754.12 75.0 6609102 Contract Services -Web Page 150.00 (150.00) - 750.00 (750.00) 1,800.00 1,800.00 100.0% 6609150 Dues & Subscriptions - 198.00 - 198.00 735.00 537.00 73.1 6609620 Postage 50.00 (50.00) 16.62 50.00 (33.38) 600.00 583.38 97.2% 6609490 Miscellaneous 50.00 (50.00) - 250.00 (250.00) 400.00 400.00 100.0 6609630 Promotion - - 1,000.00 1,000.00 100.0% 6609633 Promotion-Cummunity 750.00 (750.00) 1,050.00 (1,050.00) 2,250.00 2,250.00 100.0 6609634 Promotion-Media/Vendor - 50.00 (50.00) - 100.00 (100.00) 700.00 700.00 100.0% 6609820 Uniforms 204.47 50.00 154.47 204.47 350.00 (145.53) 600.00 395.53 65.9 Total -MKT -OTHER EXPENSES 3,266.03 20,586.00 (17,319.97) 35,388.90 43,995.00 (8,606.10) 1439172.00 107,783.10 75.3 TOTAL MARKETING 4,857.20 22,457.00 (17,599.80) 50,321.67 55,750.00 (5,428.33) 171,235.00 120,913.33 70.6% SilverRock Resort General and Administrative Expense Statement November 2024 Month to Date Year to Date Annual Budget November 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 5,132.94 5,148.00 (15.06) 25,337.56 25,740.00 (402.44) $ 61,776.00 36,438.44 59.0% 6701325 Insurance -Workers Comp 747.00 2,052.00 (1,305.00) 5,680.28 10,260.00 (4,579.72) $ 24,621.00 18,940.72 76.9% 6701720 Salaries 17,726.06 20,170.00 (2,443.94) 95,368.33 100,850.00 (5,481.67) $ 242,040.00 146,671.67 60.6% 6701800 Taxes -Employer Payroll 1,693.60 2,532.00 (838.40) 13,457.13 12,660.00 797.13 $ 30,381.00 16,923.87 55.7 6701880 Wages -Hourly 4,757.04 5,797.00 (1,039.96) 31,015.96 28,985.00 2,030.96 $ 69,564.00 38,548.04 55.4% 6701882 Wages -Overtime $ Total-G&A-SALAR/ES & BENEFITS 30,056.64 35,699.00 (5,642.36) 170,859.26 178,495.00 (7,635.74) 428,382.00 257,522.74 60.1 67-G&A-SUPPLIES & MATERIALS 80.37 500.00 (419.63) 756.35 2,500.00 (1,743.65) 6,300.00 5,543.65 88.0% 6703740 Supplies -Computer 6703762 Supplies -Office 46.16 105.00 (58.84) 140.26 525.00 (384.74) 1,260.00 1,119.74 88.9% 6703768 Supplies -Printing & Stationery 122.21 100.00 22.21 576.37 500.00 76.37 3,300.00 2,723.63 82_5% Total-G&A-SUPPLIES & MATERIALS 248.74 - 705.00 900.00 (456.26) (900.00) 1,472.98 40.77 3,525.00 3,700.00 (2,052.02) (3,659.23) 10,860.00 7,300.00 9,387.02 7,259.23 86.4% 99.4% 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment 900.00 (900.00) Total-G&A-REPAIRS & MAINTENANCE 40.77 3,700.00 (3,659.23) 7,300.00 7,259.23 99.4% 67-G&A-OTHER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 - 2,500.00 2,500.00 - 6,000.00 3,500.00 58.3% 6709150 Dues & Subscriptions 235.00 50.00 185.00 1,518.47 450.00 1,068.47 1,550.00 31.53 2.0 6709180 Employee Recruiting/Relocation - 150.00 (150.00) 35.00 450.00 (415.00) 1,200.00 1,165.00 97.1 6709197 Equipment Rental 544.61 1,100.00 (555.39) 4,746.34 5,500.00 (753.66) 13,200.00 8,453.66 64.0 6709202 Fees -Bank 37.11 90.00 (52.89) 309.73 450.00 (140.27) 1,080.00 770.27 71.3% 6709208 Fees -Payroll Processing 439.04 1,500.00 (1,060.96) 3,067.84 7,500.00 (4,432.16) 18,000.00 14,932.16 83.0% 6709220 Freight/Delivery - 50.00 (50.00) 26.45 250.00 (223.55) 600.00 573.55 95.6% 6709490 Miscellaneous - 1,000.00 (1,000.00) 1,411.70 1,400.00 11.70 6,000.00 4,588.30 76.5% 6709620 Postage/Mail Services 164.59 75.00 89.59 664.74 375.00 289.74 900.00 235.26 26.1 6709625 Expense Professional Fees 1,169.00 1,500.00 (331.00) 8,891.63 7,500.00 1,391.63 18,000.00 9,108.37 50.6% 6709636 Promotion/Entertainment - 100.00 (100.00) 1,000.00 500.00 500.00 1,200.00 200.00 16.7% 6709722 Seminars & Training - 200.00 (200.00) 250.00 1,000.00 (750.00) 3,400.00 3,150.00 92.6% 6709810 Travel - - - - 100.00 (100.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms 359.72 150.00 209.72 692.12 950.00 (257.88) 2,000.00 1,307.88 65.4% Total-G&A-OTHER EXPENSES 3,449.07 1 33.754.45 6,465.00 43,769.00 (3,015.93) (10,014.55) 25,114.02 197,487.03 28,925.00 214,645.00 (3,810.98) (17,157.97)1 74,230.00 520,772.00 49,115.98 323,284.97 66.2 62.1 Total -GENERAL & ADMINISTRATIVE Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement November 2024 Month to Date Year to Date Annual Budget November 2024 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 68-LEASES 6800193 Equipment Leases -Maintenance 19,412.38 22,500.00 (3,087.62) 97,022.58 95,100.00 1,922.58 252,600.00 155,577.42 61.6% 6800195 Trailer Lease - 5,200.00 (5,200.00) - 26,000.00 (26,000.00) - 6800196 Equipment Leases-GPS 5,130.83 5,072.00 58.83 25,886.65 25,360.00 526.65 60,864.00 34,977.35 57.5% 6800197 Equipment Leases -Others 825.64 1,950.00 (1,124.36) 4,151.32 6,550.00 (2,398.68) 20,200.00 16,048.68 79.4% Total -LEASES 25,368.85 34,722.00 (9,353.15) 127,060.55 153,010.00 (25,949.45) 333,664.00 206,603.45 61.9% 69-M/SC OTHER EXPENSES 11,437.00 11,437.00 57,185.00 57,183.00 2.00 137,232.00 80,047.00 58.3% 6900096 Contract Srvcs-Management Fee 6900210 FF&E Reserve 7,913.74 11,556.00 (3,642.26) 13,337.82 19,063.00 (5,725.18) 88,136.00 74,798.18 84.9% 6900323 Insurance -Commercial 5,523.45 4,600.00 923.45 25,187.27 23,000.00 2,187.27 55,200.00 30,012.73 54.4% 6900800 Personal Property Taxes 5,455.14 15,000.00 (9,544.86) 15,000.00 9,544.86 63.6% Total-M/SC OTHER EXPENSES 24,874.19 27,593.00 (2,718.81) 101,165.23 114,246.00 (13,080.77) 295,568.00 194,402.77 65.8% SilverRock Resort -Arnold Palmer Classic Course Comp Golf Report-2024-2025 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 8 8 11 8 12 8 3 15 11 67 39 79 24 4 8 79 50 117 0 59 0 0 0 0 0 C L IN