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08 February 2025 SilverRock Resort - Monthly Financial StatementS1 LVCRP\OCK 0 R E S O R T Monthly Financial Statements July 011 2024 - February, 2025 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 Et Miscellaneous Expense Statement 9 Complimentary Report 10 SilverRock Resort Summary Operating Income Statement February 2025 Month to Date Year to Date Annual Budget February 2025 Percentage G/L # Series Account Description Income Final Budget Variance Difference Final Budget Variance Annual Budget Unemcumb. % Bdgt 400000 Golf Green Fee Revenue 670,770.00 652,860.00 17,910.00 2.7% 2,293,894.91 2,585,834.00 (291,939.09) 4,406,783.00 2,112,888.09 52% 401000 Miscellaneous Golf Revenue 27,304.00 29,500.00 (2,196.00) -7.4% 101,738.61 111,150.00 (9,411.39) 179,960.00 78,221.39 57% 410000 Revenue -Golf Shop 30,697.33 36,400.00 (5,702.67) -15.7% 110,358.66 144,023.00 (33,664.34) 247,518.00 137,159.34 45% 420000 Food & Beverage Revenue 113,233.76 101,660.00 11,573.76 11.4% 425,520.45 452,282.00 (26,761.55) 774,989.00 349,468.55 55% Total Income 842,005.09 820,420.00 21,585.09 2.63% 2,931,512.63 3,293,289.00 (361,776.37) 5,609,250.00 2,677,737.37 52/ Cost of Goods Sold 510000 COS -Golf Shop 17,068.77 $ 20,372.00 (3,303.23) 16.2% 66,099.56 80,600.00 14,500.44 138,526.00 72,426.44 48% 520000 COS -Food & Beverage 34,441.83 $ 29,039.00 5,402.83 -18.6/ 167,676.90 129,997.00 (37,679.90) 221,939.00 54,262.10 76/ Total COS 51,510.60 49,411.00 2,099.60 -4.2/ 233,776.46 210,597.00 (23,179.46) 360,465.00 126,688.54 65% Gross Profit 790,494.49 771,009.00 19,485.49 2.5/ 2,697,736.17 3,082,692.00 (384,955.83) 5,248,785.00 2,551,048.83 51% Expenses 610000 Golf Pro Shop 23,241.26 30,511.00 (7,269.74) 23.8% 164,937.90 174,990.00 (10,052.10) 281,235.00 116,297.10 59% 630000 Course Maintenance 164.1700.71 149,955.00 14,745.71 -9.8% 1,533,063.10 11,441,550.00 91,513.10 2,076,015.00 542,951.90 74% 633000 Maintenance Water & Energy 26,085.39 25,840.00 245.39 -0.9% 221,435.77 220,225.00 1,210.77 333,584.00 112,148.23 66% 640000 Outside Services 56,589.76 69,259.00 (12,669.24) 18.3% 354,533.87 387,297.00 (32,763.13) 598,965.00 244,431.13 59% 650000 Clubhouse 12,591.12 13,698.00 (1,106.88) 8.1% 103,873.90 112,584.00 (8,710.10) 168,276.00 64,402.10 62% 660000 Marketing 11,925.01 20,225.00 (8,299.99) 41.0% 90,013.33 115,930.00 (25,916.67) 170,826.00 80,812.67 53% 670000 General & Administrative 34,120.32 43,069.00 (8,948.68) 20.8% 322,456.99 348,802.00 (26,345.01) 520,777.00 198,320.01 62% 680000 Leases 15,818.93 34,722.00 (18,903.07) 54.4% 199,681.62 257,176.00 (57,494.38) 421.1264.00 221,582.38 47% 690000 Miscellaneous Other Expense 31,630.88 29,094.00 2,536.88 -8.7% 188,375.71 195,010.00 (6,634.29) 295,568.00 107,192.29 64% 620000 Food & Beverage Expenses 71,523.98 71,372.00 151.98 -0.2/ 388,390.50 389,473.00 (1,082.50) 609,573.00 221,182.50 64% Total Expenses 448,227.36 487,745.00 (39,517.64) 8.1/ 3,566,762.69 3,643,037.00 (76,274.31) 5,476,083.00 1,688,137.81 65% Net Income 342.1267.13 283,264.00 59,003.13 13.3% (869,026.52) (560,345.00) (308,681.52) (227,298.00) 862,911.02 400000 Rounds of Golf Played Paid Rounds Played 5,323 4,700 623 13.3% 22,414 26,650 (4,236) 44,545 22,131 50% Ave $ Per Paid Round Green Fee 126.01 138.91 (12.89) -9.3% 102.34 97.03 5.31 98.93 (3.41) 103% Ave $ Per Paid Round Merchandise 5.77 7.74 (1.98) -25.5% 4.92 5.40 (0.48) 5.56 0.63 89% Ave $ Per Paid Miscellaneous 5.13 6.28 (1.15) -18.3% 4.54 4.17 0.37 4.04 (0.50) 112% SilverRock Resort Statement of Fees - Revenue February 2025 Month to Date Year to Date Annual Budget February Income 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 670,770.00 652,860.00 17,910.00 2,293,894.91 2,585,834.00 (291,939.09) 4,406,783.00 2,112,888.09 47.9% 4010000 Rider Fee 2,490.00 3,100.00 (610.00) 10,880.00 15,400.00 (4,520.00) 22,190.00 11,310.00 51.0% 4040000 Club Rental 7,785.00 7,000.00 785.00 24,617.11 23,950.00 667.11 42,175.00 17,557.89 41.6% 4050000 Driving Range 15,925.00 18,000.00 (2,075.00) 59,829.00 62,500.00 (2,671.00) 102,000.00 42,171.00 41.3% 4060000 Handicap Fees 304.00 400.00 (96.00) 2,280.00 3,800.00 (1,520.00) 4,595.00 2,315.00 50.4% 4090000 Ball Retriever/Subcontract - 1,000.00 (1,000.00) 1,432.50 4,000.00 (2,567.50) 6,500.00 5,067.50 78.0% 4091000 Golf Professional Rental Fee 800.00 - 800.00 2,700.00 1,500.00 1,200.00 2,500.00 (200.00) -8.0% Total Miscellaneous Revenue 27,304.00 6989074.00 299500.00 6829360.00 (29196.00) 159714.00 1019738.61 293959633.52 1119150.00 296969984.00 (99411.39) (3019350.48) 1799960.00 495869743.00 789221.39 291919109.48 43.5% 47.8% Total Revenue Fees Total Income 6989074.00 6829360.00 159714.00 293959633.52 296969984.00 1 (3019350.48) 495869743.00 291919109.48 47.8% E SilverRock Resort Golf Shop Income Statement February 2025 Month to Date Year to Date Annual Budget February Income 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous _ _ - (2,512.52) - (2,512.52) 0 0 0% 4100110 Sales Hard Goods 12,425.89 9,100.00 3,325.89 50,475.97 36,005.00 14,470.97 61,406.00 10,930.03 17.8% 4100112 Sales -Soft Goods 18,271.44 27,300.00 (9,028.56) 62,395.21 108,018.00 (45,622.79) 185,638 123,242.92 66.4% 5100639 GS-Discounts-Mdse - - - - - - - - 0.0% Total Revenue Golf Shop 30,697.33 36,400.00 (5,702.67) 110,358.66 144,023.00 (33,664.34) 247,044.13 134,172.95 54.3% COS 5100150 COS-GS-Hard Goods 6,834.24 5,278.00 1,556.24 27,076.07 20,881.00 6,195.07 35,890.00 8,813.93 24.6% 5100151 COS-GS-Soft Goods 10,049.29 15,834.00 (5,784.71) 37,745.16 62,648.00 (24,902.84) 107,670.00 69,924.84 64.9% 5100152 COS-GS-Purchase Disc (273.04) (1,056.00) 782.96 (1,637.86) (4,178.00) 2,540.14 (7,178.00) (5,540.14) 0.0% 5100220 COS-GS-Freight Merch 458.28 316.00 142.28 2,916.19 1,249.00 1,667.19 2,153.00 (763.19) -35.4% Cost of Sales - Golf Shop 17,068.77 20,372.00 (3,303.23) 66,099.56 80,600.00 (14,500.44) 138,535.00 72,435.44 52.3% Gross Profit 13,628.56 16,028.00 (2,399.44) 44,259.10 63,423.00 (19,163.90) 108,509.13 61,737.51 56.9% COS % 55.6% 56.0% 0.4% 59.9% 56.0% -3.9% 53.1 % 54.0% 101.7% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 493.36 1,539.00 (1,045.64) 3,753.01 12,312.00 (8,558.99) 18,468.00 14,714.99 79.7% 6101325 Insurance -Workers Comp 1,104.91 1,871.00 (766.09) 5,839.36 10,190.00 (4,350.64) 16,380.00 10,540.64 64.4% 6101720 Salaries 6,538.46 6,575.00 (36.54) 57,842.15 52,600.00 5,242.15 78,900.00 21,057.85 26.7% 6101800 Taxes -Employer Payroll 2,263.14 2,309.00 (45.86) 13,712.30 12,577.00 1,135.30 20,212.00 6,499.70 32.2% 6101880 Wages -Hourly 12,382.33 17,107.00 (4,724.67) 78,045.61 76,391.00 1,654.61 128,400.00 50,354.39 39.2% 6101882 Wages -Overtime 47.96 - 47.96 193.90 - 193.90 - (193.90) 0.0% Total -PS-SALARIES & BENEFITS 22,830.16 29,401.00 (6,570.84) 159,386.33 164,070.00 (4,683.67) 262,360.00 102,973.67 39.2% 61-PS OTHER EXPENSES 6103762 Supplies -Office 294.53 250.00 44.53 1,156.53 2,000.00 (843.47) 3000.00 1,843.47 61.4% 6109150 Dues and Subscriptions _ _ _ _ _ - 2300.00 2,300.00 100.0% 6109220 Freight & Delivery _ _ _ - 75.00 (75.00) 75.00 75.00 100.0% 6109490 Miscellaneous - 500.00 (500.00) 675.45 4,000.00 (3,324.55) 6,000.00 5,324.55 88.7% 6109500 ProShop Over/Under 0.13 - 0.13 (24.14) (24.14) - 24.14 0.0% 6109722 Seminars/Training - 35.00 (35.00) 400.00 2,335.00 (1,935.00) 3,690.00 3,290.00 89.2% 6109810 Travel - Merchandise - 15.00 (15.00) - 30.00 (30.00) 90.00 90.00 100.0% 6109820 Uniforms 48.00 200.00 (152.00) 2,658.80 1,600.00 1,058.80 2,400.00 (258.80) -10.8% 6117840 Telephones 68.44 110.00 (41.56) 684.93 880.00 (195.07) 1,320.00 635.07 48.1% Total - Other Expenses 411.10 1,110.00 (698.90) 5,551.57 10,920.00 (5,368.43) 18,875.00 13,323.43 70.6% Total Expenses -Golf Shop 23,241.26 30,511.00 (7,269.74) 164,937.90 174,990.00 (10,052.10) 281,235.00 116,297.10 41.4% Net Income (9,612.70) (14,483.00) 4,870.30 (120,678.80) (111,567.00) (9,111.80) (172,725.88) (54,559.60) 31.6% 3 SilverRock Resort Course Maintenance Expense Statement February 2025 Month to Date Year to Date Annual Budget February 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 9,836.44 8,619.00 1,217.44 76,825.79 66,900.00 9,925.79 100,863.00 24,037.21 23.8% 6311325 Insurance -Workers Comp 2,531.76 3,648.00 (1,116.24) 18,121.06 27,147.00 (9,025.94) 41,298.00 23,176.94 56.1% 6311720 Salaries 16,461.54 17,210.00 (748.46) 141,141.85 137,680.00 3,461.85 206,520.00 65,378.15 31.7% 6311800 Taxes -Employer Payroll 7,507.70 7,540.00 (32.30) 59,033.20 56,376.00 2,657.20 85,580.00 26,546.80 31.0% 6311880 Wages -Hourly 52,379.14 58,022.00 (5,642.86) 419,431.05 416,736.00 2,695.05 640,702.00 221,270.95 34.5% 6311882 Wages -Overtime 1,618.15 2,106.00 (487.85) 24,214.89 23,806.00 408.89 30,518.00 6,303.11 20.7% Total -CM -SALARIES & BENEFITS 909334.73 979145.00 (61810.27) 7389767.84 728,645.00 10,122.84 19105,481.00 366,713.16 33.2% 63-CM-SUPPLIES & MATERIALS 6313745 Chemicals 5,000.00 3,000.00 2,000.00 32,312.65 36,000.00 (3,687.35) 47,000.00 14,687.35 31.2% 6313744 Fertilizer 9,572.83 4,000.00 5,572.83 101,289.73 83,000.00 18,289.73 114,000.00 12,710.27 11.1% 6313746 Flowers/Plants - - - 1,895.93 11,000.00 (9,104.07) 13,000.00 11,104.07 85.4% 6313748 Fuel -Gasoline 5,133.39 6,800.00 (1,666.61) 41,257.75 54,400.00 (13,142.25) 81,600.00 40,342.25 49.4% 6313750 Golf Course Accessories - - - 13,376.15 14,000.00 (623.85) 16,000.00 2,623.85 16.4% 6313756 POA Control - - - 19,357.64 10,000.00 9,357.64 10,000.00 (9,357.64) -93.6% 6313758 Miscellaneous Supp 1,145.75 500.00 645.75 5,149.39 4,750.00 399.39 5,950.00 800.61 13.5% 6313774 Sand 6,299.29 - 6,299.29 34,494.92 8,500.00 25,994.92 8,500.00 (25,994.92) -305.8% 6313776 Seed 3,477.08 - 3,477.08 154,065.58 150,000.00 4,065.58 150,000.00 (4,065.58) -2.7% 6313780 Small Tools & Non -Capital Equip 718.00 575.00 143.00 2,813.25 4,725.00 (1,911.75) 7,025.00 4,211.75 60.0% 6313782 Sod - - - 15,267.65 11,000.00 4,267.65 15,500.00 232.35 1.5% 6313784 Topdressing 1,705.19 - 1,705.19 5,039.66 6,000.00 (960.34) 19,000.00 13,960.34 73.5% Total -CM -SUPPLIES & MATERIALS 339051.53 4,346.00 14,875.00 4,346.00 18,176.53 - 4269320.30 34,768.00 3939375.00 34,768.00 32,945.30 - 487,575.00 52,152.00 61,254.70 17,384.00 12.6% 33.3% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Maint 6315685 CM-R&M-Bldngs & Othr Structures - 500.00 (500.00) 1,248.50 4,000.00 (2,751.50) 6,000.00 4,751.50 79.2% 6315690 CM -R&M -Equipment 2,153.72 3,500.00 (1,346.28) 41,528.26 34,000.00 7,528.26 46,500.00 4,971.74 10.7% 6315692 CM -R&M -Irrigation System 9,247.48 2,250.00 6,997.48 33,410.88 22,500.00 10,910.88 33,250.00 (160.88) -0.5% 6315696 CM -R&M -Pumps - 1,000.00 (1,000.00) 2,522.50 8,000.00 (5,477.50) 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% Total -CM-Repair & Maintenance 159747.20 35.33 119596.00 30.00 4,151.20 5.33 1369797.14 220.86 1099818.00 240.00 26,979.14 (19.14) 164,952.00 360.00 28,154.86 139.14 17.1 % 0.0% 6317836 Utilities -Natural Gas/LPG 6317840 Telephones 491.92 475.00 16.92 3,970.07 3,800.00 170.07 5,700.00 1,729.93 30.3% Total -CM -UTILITIES 527.25 505.00 22.25 49190.93 49040.00 150.93 6,060.00 1,869.07 30.8% 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 3,200.00 3,200.00 - 4,800.00 1,600.00 33.3% 6319100 Contract Svcs-Soil/Tissue Test - - - 362.00 3,000.00 (2,638.00) 4,500.00 4,138.00 92.0% 6319102 Contract Svcs -Trash Removal - 524.00 (524.00) 1,417.58 4,192.00 (2,774.42) 6,288.00 4,870.42 77.5% 6319150 Dues & Subscriptions 268.89 200.00 68.89 4,000.74 1,000.00 3,000.74 1,100.00 (2,900.74) -263.7% 6319170 Employee Education - 1,000.00 (1,000.00) 3,400.00 1,350.00 2,050.00 3,900.00 500.00 12.8% 6319197 Equipment Rental 247.61 200.00 47.61 3,313.30 2,700.00 613.30 3,400.00 86.70 2.5% 6319206 Licenses & Permits - - - 2,366.46 400.00 1,966.46 4,300.00 1,933.54 45.0% 6319490 Miscellaneous 595.30 100.00 495.30 1,631.06 800.00 831.06 1,200.00 (431.06) -35.9% 6319718 Safety Equipment & Training 144.21 200.00 (55.79) 1,549.52 3,350.00 (1,800.48) 3,850.00 2,300.48 59.8% 6319822 Uniforms 1,566.87 1,210.00 356.87 10,021.66 9,680.00 341.66 14,520.00 4,498.34 31.0% Total -CM -OTHER EXPENSES 39222.88 39834.00 (611.12) 319262.32 299672.00 19590.32 479858.00 169595.68 34.68% 0 SilverRock Resort Course Maintenance Expense Statement February 2025 Month to Date Year to Date Annual Budget February 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-CONTRACT SERVICES 6321880 Contract Labor 21,817.12 22,000.00 (182.88) 195,724.57 176,000.00 19,724.57 264,000.00 68,275.43 25.9% Total Contract Service 21,817.12 229000.00 (182.88) 1959724.57 1769000.00 199724.57 2649000.00 68,275.43 25.9% Total -COURSE MAINTENANCE 164,700.71 1493955.00 14,745.71 1,533,063.10 1,441,550.00 91,513.10 2,075,926.00 542,862.90 26.2% Silverrock Resort Course Maintenance Water & Energy February 2025 Month to Date Year to Date Annual Budget February 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 6337834 Utilities -Electricity -Pumping 21,227.30 21,240.00 (12.70) 146,499.46 156,860.00 (10,360.54) 236,340.00 89,840.54 38.0% 6337842 Utilities -Water 4,858.09 4,600.00 258.09 74,936.31 63,365.00 11,571.31 97,244.00 22,307.69 22.9% Total -CM -WATER & ENERGY 26,085.39 25,840.00 245.39 221,435.77 220,225.00 1,210.77 333,584.00 112,148.23 33.6% r,I SilverRock Resort Outside Services Expense Statement February 2025 Month to Date Year to Date Annual Budget February 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense -SALARIES & BENEFITS 6411320 Insurance -Group 406.09 1,539.00 (1,132.91) 4,645.22 10,260.00 (5,614.78) $ 16,416.00 11,770.78 71.7% 6411325 Insurance -Workers Comp 1,883.19 2,712.00 (828.81) 8,748.12 13,682.00 (4,933.88) $ 22,483.00 13,734.88 61.1 % 6411800 Taxes -Employer Payroll 4,255.79 4,273.00 (17.21) 17,436.53 21,560.00 (4,123.47) $ 35,424.00 17,987.47 50.8% 6411880 Wages -Hourly 28,333.06 34,320.00 (5,986.94) 151,141.82 173,174.00 (22,032.18) $ 284,534.00 133,392.18 46.9% 6411882 Wages -Overtime 2,012.80 - 2,012.80 6,486.35 - 6,486.35 $ - (6,486.35) 0.0% Total-CBR-SALARIES & BENEFITS 36,890.93 - 42,844.00 75.00 (59953.07) (75.00) 188,458.04 - 218,676.00 1,650.00 (309217.96) (1,650.00) 358,857.00 1,850.00 170,398.96 47.5% 0.0% 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts 6413742 Supplies -Expendable 865.18 1,000.00 (134.82) 6,972.90 5,450.00 1,522.90 6,750.00 (222.90) -3.3% 6413748 Supplies -Fuel for Shuttle _ _ _ _ _ _ _ _ 0.0% 6413752 Supplies -Range Balls - - - 14,681.25 15,000.00 (318.75) 15,000.00 318.75 2.1% 6413762 Supplies -Office - 50.00 (50.00) - 325.00 (325.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary - 70.00 (70.00) - 140.00 (140.00) 420.00 420.00 100.0% 6413786 Supplies -Towels 250.00 250.00 - 2,420.00 1,360.00 1,060.00 2,182.00 (238.00) -10.9% 6413796 Supplies -Bottled Water - 2,500.00 (2,500.00) 14,960.00 20,000.00 (5,040.00) 30,000.00 15,040.00 50.1 % Total-CBR-SUPPLIES & MATERIALS 1,115.18 - 39945.00 300.00 (29829.82) (300.00) 399034.15 1,363.51 439925.00 2,400.00 (4,890.85) (1,036.49) 56,727.00 3,600.00 15,842.85 2,236.49 27.9% 62.1% 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 6415695 CBR-R&M-Cart Maintenance & Repai 2,657.32 3,603.00 (945.68) 30,658.25 28,824.00 1,834.25 18,036.00 (12,622.25) -70.0% Total-CBR-REPAIRS & MAINTENANCE 29657.32 1,486.07 39903.00 800.00 (11245.68) 686.07 32,021.76 7,800.06 31,224.00 6,400.00 797.76 1,400.06 21,636.00 9,600.00 (109385.76) 1,799.94 -48.0% 18.7% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 6419220 Freight/Delivery - - - - 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous 216.33 600.00 (383.67) 1,869.83 4,800.00 (2,930.17) 7,200.00 5,330.17 74.0% 6419820 Uniforms 85.75 - 85.75 4,132.51 3,000.00 1,132.51 5,200.00 1,067.49 20.5% Total-CBR-OTHER EXPENSES 1,788.15 429451.58 1,429.19 19400.00 529092.00 1,138.00 388.15 388.15 291.19 139802.40 273,316.35 6,131.74 149650.00 308,475.00 5,105.00 (847.60) (359158.65) 1,026.74 $ 22,450.00 4599670.00 9,088.00 8,647.60 1849503.65 2,956.26 38.5% 40.1 % 32.5% TOTAL-CARTS,8AGROOM & RANGE 643-CS-SALARIES & BENEFITS 6431325 Insurance -Workers Comp 6431800 Taxes -Employer Payroll 1,646.08 1,404.00 242.08 10,370.12 6,300.00 4,070.12 $ 11,214.00 843.88 7.5% 6431880 Wages -Hourly 11,062.91 14,400.00 (3,337.09) 56,942.26 64,617.00 (7,674.74) $ 115,017.00 58,074.74 50.5% 6431882 Wages -Overtime - - - - - - $ - - 0.0% Total -CS -SALARIES & BENEFITS 14,138.18 - 169942.00 100.00 (29803.82) (100.00) 739444.12 5,131.19 769022.00 700.00 (2,577.88) 4,431.19 135,319.00 1,050.00 61,874.88 (4,081.19) 45.7% -388.7% 643-CS-OTHER EXPENSES 6433742 Supplies Expendable 6439490 Miscellaneous - - - 41.23 200.00 (158.77) 200.00 158.77 79.4% 6439718 Safety Equipment & Training - 50.00 (50.00) - 400.00 (400.00) 600.00 600.00 100.0% 6439820 Uniforms - 75.00 (75.00) 2,600.98 1,500.00 1,100.98 2,125.00 (475.98) _22.4% Total -CS -OTHER EXPENSES - 225.00 (225.00) 71773.40 21800.00 49973.40 39975.00 (39798.40) -95.6% Total -COURSE SERVICES 149138.18 179167.00 (39028.82) 81,217.52 78,822.00 29395.52 1399294.00 589076.48 41.7% TOTAL OUTSIDE SERVICES 56,589.76 69,259.00 (12,669.24) 354,533.87 387,297.00 (32,763.13) 598,964.00 246,378.53 41.1 % M SilverRock Resort Clubhouse Expense Statement February 2025 Month to Date Year to Date Annual Budget February Annual 2025 Final Budget Variance Budget Variance Variance Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 520.00 520.00 - 3,840.00 4,160.00 (320.00) 2,400.00 (1,440.00) -60.0% Total -CH -SUPPLIES & MATERIALS 520.00 520.00 - 3,840.00 4,160.00 (320.00) 2,400.00 (1,440.00) -60.0% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 1,129.09 1,000.00 129.09 6,222.09 8,000.00 (1,777.91) 12,000.00 5,777.91 48.1% 6507840 Utilities -Telephone 1,569.71 1,750.00 (180.29) 11,583.01 14,000.00 (2,416.99) 21,000.00 9,416.99 44.8% 6507842 Utilities -Water 715.95 608.00 107.95 5,495.75 4,864.00 631.75 7,296.00 1,800.25 24.7% 6507844 Utilities -Cable 431.65 420.00 11.65 3,432.64 3,360.00 72.64 5,040.00 1,607.36 31.9% Total -CH -UTILITIES 3,846.40 3,778.00 68.40 26,733.49 30,224.00 (3,490.51) 45,336.00 18,602.51 41.0% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 480.00 500.00 (20.00) 3,915.00 6,000.00 (2,085.00) 8,000.00 4,085.00 51.1 % 6509099 Contract Services -Security 6,749.44 7,100.00 (350.56) 57,908.03 56,800.00 1,108.03 85,200.00 27,291.97 32.0% 6509215 Flowers & Decorations - - - - 1,000.00 (1,000.00) 1,900.00 1,900.00 100.0% 6509490 Miscellaneous - - - - - - - - 0.0% 6509718 Safety Equipment & Training - 100.00 (100.00) - 800.00 (800.00) 1,200.00 1,200.00 100.0% Total -CH -OTHER EXPENSES 7,229.44 600.28 7,700.00 300.00 (470.56) 300.28 61,823.03 5,440.53 64,600.00 2,400.00 (2,776.97) 3,040.53 96,300.00 3,600.00 34,476.97 (1,840.53) 35.8% -51.1% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 6515686 CH -R&M -Restaurant Repairs 395.00 700.00 (305.00) 2,226.97 5,600.00 (3,373.03) 8,400.00 6,173.03 73.5% 6515690 CH -R&M -Equipment Repair - 700.00 (700.00) 3,809.88 5,600.00 (1,790.12) 8,400.00 4,590.12 54.6% Total -CH -REPAIRS & MAINTENANCE 995.28 12,591.12 1,700.00 13,698.00 (704.72) (1,106.88) 11,477.38 103,873.90 13,600.00 112,584.00 (2,122.62) (8,710.10) 20,400.00 164,436.00 8,922.62 17,845.24 43.7% 10.9% Total CLUBHOUSE 6 SilverRock Resort Marketing Expense Statement February 2025 Month to Date Year to Date Annual Budget February 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320Insurance-Group 440.73 513.00 (72.27) 1,737.42 1,539.00 198.42 $ 3,591.00 1,853.58 51.6% 6601325 Insurance -Workers Comp 99.00 99.00 - 1,097.64 792.00 305.64 $ 1,185.00 87.36 7.4% 6601720 Salaries 1,250.00 1,250.00 - 13,375.00 10,000.00 3,375.00 $ 15,000.00 1,625.00 10.8% 6601800 Tax -Employer Payroll 122.00 122.00 - 1,403.00 976.00 427.00 $ 1,462.00 59.00 4.0% Total -MKT -SALARIES & BENEFITS 1,911.73 - 1,984.00 100.00 (72.27) (100.00) 17,613.06 542.18 13,307.00 800.00 4,306.06 (257.82) 21,238.00 1,200.00 3,624.94 657.82 17.1% 54.8% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 6603768 Supplies -Printing & Stationery - 125.00 (125.00) 5,325.81 3,925.00 1,400.81 4,425.00 (900.81) -20.4% Total -MKT -SUPPLIES & MARKETING - 225.00 (225.00) 5,867.99 4,725.00 1,142.99 5,625.00 (242.99) -4.3% 66-MKT-UTILITIES 6607840 Utilities -Telephone 99.02 100.00 (0.98) 1,057.35 800.00 257.35 1,200.00 142.65 11.9% Total -MKT -UTILITIES 99.02 100.00 (0.98) 1,057.35 800.00 257.35 1,200.00 142.65 11.9% 66-MKT-OTHER EXPENSES 6609010 Advertising 6,218.99 14,066.00 (7,847.01) 55,763.90 76,713.00 (20,949.10) 113,787.00 58,023.10 51.0% 6609040 Business Meals - 25.00 (25.00) - 200.00 (200.00) 300.00 300.00 100.0% 6609080 Collateral Material 3,631.06 2,500.00 1,131.06 8,931.61 14,000.00 (5,068.39) 21,000.00 12,068.39 57.5% 6609102 Contract Services -Web Page - 150.00 (150.00) - 1,200.00 (1,200.00) 1,800.00 1,800.00 100.0% 6609150 Dues & Subscriptions - 400.00 (400.00) 349.16 435.00 (85.84) 735.00 385.84 52.5% 6609620 Postage - 50.00 (50.00) 16.62 200.00 (183.38) 600.00 583.38 97.2% 6609490 Miscellaneous - 50.00 (50.00) 38.17 400.00 (361.83) 400.00 361.83 90.5% 6609630 Promotion - 500.00 (500.00) 72.00 1,000.00 (928.00) 1,000.00 928.00 92.8% 6609633 Promotion-Cummunity - 75.00 (75.00) - 1,950.00 (1,950.00) 2,250.00 2,250.00 100.0% 6609634 Promotion-Media/Vendor 64.21 50.00 14.21 99.00 500.00 (401.00) 700.00 601.00 85.9% 6609820 Uniforms - 50.00 (50.00) 204.47 500.00 (295.53) 600.00 395.53 65.9% Total -MKT -OTHER EXPENSES 9,914.26 179916.00 (89001.74) 659474.93 979098.00 (319623.07) 1439172.00 779697.07 54.3% TOTAL MARKETING 11,925.01 20,225.00 (8,299.99) 90,013.33 115,930.00 (25,916.67) 171,235.00 81,221.67 47.4% 7 Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 6701325 Insurance -Workers Comp 6701720 Salaries 6701800 Taxes -Employer Payroll 6701880 Wages -Hourly 6701882 Wages -Overtime Total-G&A-SALARIES & BENEFITS 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 6703762 Supplies -Office 6703768 Supplies -Printing & Stationery Total-G&A-SUPPLIES & MATERIALS 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment Total-G&A-REPAIRS & MAINTENANCE 67-G&A-OTHER EXPENSES SilverRock Resort General and Administrative Expense Statement January 2025 Month to Date I Year to Date I Annual Budget February 2025 Final Budget Variance 1,874.39 5,148.00 (3,273.61) 845.48 2,052.00 (1,206.52) 18,673.08 20,170.00 (1,496.92) 2,026.78 2,532.00 (505.22) 5,204.76 5,797.00 (592.24) 28,624.49 35,699.00 (7,074.51) 266.08 500.00 (233.92) 102.40 105.00 (2.60) 144.82 400.00 (255.18) 513.30 1,005.00 (491.70) - 500.00 (500.00) - 500.00 (500.00) Final Budget Variance I Annual Budget 37,477.83 41,184.00 (3,706.17) $ 7,577.60 16,416.00 (8,838.40) $ 159,777.09 161,360.00 (1,582.91) $ 1 21,408.62 20,256.00 19152.62 $ 49,347.04 46,376.00 2,971.04 $ 19.08 - 19.08 $ 275,607.26 285,592.00 (9,984.74) 1,128.37 4,000.00 (2,871.63) 320.71 840.00 (519.29) 763.58 1,700.00 (936.42) 2,212.66 6,540.00 (4,327.34) 40.77 40.77 Unemcumb. %Budget 61,776.00 24,298.17 39.3% 24,621.00 17,043.40 69.2% 242,040.00 82,262.91 34.0% 30,381.00 8,972.38 29.5% 69,564.00 20,216.96 29.1 % 428,382.00 152,774.74 35.7% 6,300.00 5,171.63 82.1% 1,260.00 939.29 74.5% 3,300.00 2,536.42 76.9% 10,860.00 8,647.34 79.6% 5,750.00 (5,709.23) 7,300.00 7,259.23 99.4% 5,750.00 (5,709.23) 7,300.00 7,259.23 99.4% 6709020 Auto/Mileage Allowance 500.00 500.00 - 4,000.00 4,000.00 - 6,000.00 2,000.00 33.3% 6709150 Dues & Subscriptions 235.00 200.00 35.00 1,988.47 800.00 15188.47 1,550.00 (438.47) -28.3% 6709180 Employee Recruiting/Relocation - 200.00 (200.00) 244.69 1,000.00 (755.31) 1,200.00 955.31 79.6% 6709197 Equipment Rental 566.42 1,100.00 (533.58) 6,456.03 8,800.00 (2,343.97) 13,200.00 6,743.97 51.1% 6709202 Fees -Bank 65.28 90.00 (24.72) 609.82 720.00 (110.18) 1,080.00 470.18 43.5% 6709208 Fees -Payroll Processing 1,650.35 1,500.00 150.35 8,259.44 12,000.00 (3,740.56) 18,000.00 9,740.56 54.1% 6709220 Freight/Delivery - 50.00 (50.00) 26.45 400.00 (373.55) 600.00 573.55 95.6% 6709490 Miscellaneous 101.74 100.00 1.74 7,513.44 5,600.00 19913.44 6,000.00 (1,513.44) -25.2% 6709620 Postage/Mail Services 174.74 75.00 99.74 923.67 600.00 323.67 900.00 (23.67) -2.6% 6709625 Expense Professional Fees 1,689.00 1,500.00 189.00 12,481.13 12,000.00 481.13 189000.00 5,518.87 30.7% 6709636 Promotion/Entertainment - 100.00 (100.00) 1,000.00 800.00 200.00 1,200.00 200.00 16.7% 6709722 Seminars & Training - 200.00 (200.00) 401.04 2,600.00 (2,198.96) 3,400.00 2,998.96 88.2% 6709810 Travel - 100.00 (100.00) - 200.00 (200.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms - 150.00 (150.00) 692.12 1,400.00 (707.88) 2,000.00 1,307.88 65.4% Total-G&A-OTHER EXPENSES 4,982.53 5,865.00 (882.47) 44,596.30 50,920.00 (6,323.70) 74,230.00 29,633.70 39.9% Total -GENERAL & ADMINISTRATIVE 34,120.32 43,069.00 (8,948.68) 1 322,456.99 348,802.00 (26,345.01)' 520,772.00 198,315.01 38.1 % D1 Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement February 2025 Month to Date Year to Date Annual Budget February 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 68-LEASES 6800193 Equipment Leases -Maintenance 10,642.98 22,500.00 (11,857.02) 154,038.14 162,600.00 (8,561.86) 252,600.00 98,561.86 39.0% 6800195 Trailer Lease - 5,200.00 (5,200.00) - 41,600.00 (41,600.00) - - - 6800196 Equipment Leases-GPS 5,130.83 5,072.00 58.83 41,279.14 40,576.00 703.14 60,864.00 19,584.86 32.2% 6800197 Equipment Leases -Others 45.12 1,950.00 (1,904.88) 4,364.34 12,400.00 (8,035.66) 20,200.00 15,835.66 78.4% Total -LEASES 15,818.93 34,722.00 (18,903.07) 199,681.62 257,176.00 (57,494.38) 333,664.00 133,982.38 40.2% 69-M/SC OTHER EXPENSES 11,437.00 11,437.00 - 91,496.00 91,494.00 2.00 137,232.00 45,736.00 33.3% 6900096 Contract Srvcs-Management Fee 6900210 FF&E Reserve 13,415.40 13,057.00 358.40 45,889.86 51,716.00 (5,826.14) 88,136.00 42,246.14 47.9% 6900323 Insurance -Commercial 6,778.48 4,600.00 2,178.48 45,534.71 36,800.00 8,734.71 55,200.00 9,665.29 17.5% 6900800 Personal Property Taxes - - - 5,455.14 153000.00 (9,544.86) 15,000.00 9,544.86 63.6% Total-M/SC OTHER EXPENSES 31,630.88 29,094.00 2,536.88 1 188,375.71 195,010.00 (6,634.2911 295,568.00 107,192.29 36.3% 0 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 10 22 8 9 12 47 35 12 74 81 0 0 0 11 4 8 48 6 77 Cl 10