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09 March 2025 SilverRock Resort - Monthly Financial StatementS1 LVCRP\OCK 0 R E S O R T Monthly Financial Statements July 01, 2024 - March 31, 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 March 2025 Month to Date Year to Date Annual Budget March 2025 Percentage G/L # Series Account Description Income Final Budget Variance Difference Final Budget Variance Annual Budget Unemcumb. % Bdgt 400000 Golf Green Fee Revenue 727,183.00 759,755.00 (32,572.00) -4.3% 3,021,077.91 3,345,589.00 (324,511.09) 4,406,783.00 1,385,705.09 69% 401000 Miscellaneous Golf Revenue 28,735.00 30,600.00 (1,865.00) -6.1% 130,473.61 1411750.00 (11,276.39) 179,960.00 49,486.39 73% 410000 Revenue -Golf Shop 34,664.66 42,700.00 (8,035.34) -18.8% 145,023.32 186,723.00 (41,699.68) 247,518.00 102,494.68 59% 420000 Food & Beverage Revenue 122,488.40 120,780.00 1,708.40 1.4% 548,008.85 573,062.00 (25,053.15) 774,989.00 226,980.15 71% Total Income 913,071.06 953,835.00 (40,763.94) -4.27% 3,844,583.69 4,247,124.00 (402,540.31) 5,609,250.00 1,764,666.31 69/ Cost of Goods Sold 510000 COS -Golf Shop 18,197.87 $ 23,898.00 (5,700.13) 23.9% 84,048.79 104,498.00 20,449.21 138,526.00 54,477.21 61% 520000 COS -Food & Beverage 40,008.29 $ 34,379.00 5,629.29 -16.4% 207,685.19 164,376.00 (43,309.19) 221,939.00 14,253.81 94/ Total COS 58,206.16 58,277.00 (70.84) 0.1/ 291,733.98 268,874.00 (22,859.98) 360,465.00 68,731.02 81/ Gross Profit 854,864.90 895,558.00 (40,693.10) -4.5/ 3,552,849.71 3,978,250.00 (425,400.29) 5,248,785.00 1,695,935.29 68/ Expenses 610000 Golf Pro Shop 23,305.83 30,511.00 (7,205.17) 23.6% 188,243.73 205,501.00 (17,257.27) 281,235.00 92,991.27 67% 630000 Course Maintenance 147,081.27 153,107.00 (6,025.73) 3.9% 1,680,144.37 1,594,657.00 85,487.37 2,076,015.00 395,870.63 81% 633000 Maintenance Water & Energy 23,668.76 26,870.00 (3,201.24) 11.9% 245,104.53 247,095.00 (1,990.47) 333,584.00 88,479.47 73% 640000 Outside Services 69,044.96 68,884.00 160.96 -0.2% 423,578.83 456,181.00 (32,602.17) 598,965.00 175,386.17 71% 650000 Clubhouse 13,760.41 14,198.00 (437.59) 3.1% 117,634.31 126,782.00 (9,147.69) 168,276.00 50,641.69 70% 660000 Marketing 13,719.77 20,900.00 (7,180.23) 34.4% 103,733.10 136,830.00 (33,096.90) 170,826.00 67,092.90 61% 670000 General & Administrative 37,043.94 43,069.00 (6,025.06) 14.0% 359,500.92 391,871.00 (32,370.08) 520,777.00 161,276.08 69% 680000 Leases 28,409.41 34,722.00 (6,312.59) 18.2% 228,090.73 291,898.00 (63,807.27) 421.1264.00 193,173.27 54% 690000 Miscellaneous Other Expense 32,765.14 31,232.00 1,533.14 -4.9% 221,146.85 226,242.00 (5,095.15) 295,568.00 74,421.15 75% 620000 Food & Beverage Expenses 64,389.79 72,817.00 (8,427.21) 11.6% 452,780.29 462,290.00 (9,509.71) 609,573.00 156,792.71 75% Total Expenses 453,189.28 496,310.00 (43,120.72) 8.7/ 4,019,957.66 41,139,347.00 (119,389.34) 5,476,083.00 11,299,332.63 73/ Net Income 401,675.62 399,248.00 2,427.62 -0.1/ (467,107.95) (161,097.00) (306,010.95) (227,298.00) 396,602.66 400000 Rounds of Golf Played Paid Rounds Played 5,822 6,100 (278) -4.6% 28,236 32,750 (4,514) 44,545 16,309 63% Ave $ Per Paid Round Green Fee 124.90 124.55 0.35 0.3% 106.99 102.16 4.84 98.93 (8.07) 108% Ave $ Per Paid Round Merchandise 5.95 7.00 (1.05) -14.9% 5.14 5.70 (0.57) 5.56 0.42 92% Ave $ Per Paid Miscellaneous 4.94 5.02 (0.08) -1.6% 4.62 4.33 0.29 4.04 (0.58) 114% SilverRock Resort Statement of Fees - Revenue March 2025 Month to Date Year to Date Annual Budget March 2025 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 727,183.00 759,755.00 (32,572.00) 3,021,077.91 3,345,589.00 (324,511.09) 4,406,783.00 1,385,705.09 31.4% 4010000 Rider Fee 2,940.00 3,200.00 (260.00) 13,820.00 18,600.00 (4,780.00) 22,190.00 8,370.00 37.7% 4040000 Club Rental 10,120.00 7,500.00 2,620.00 34,737.11 31,450.00 3,287.11 42,175.00 7,437.89 17.6% 4050000 Driving Range 15,075.00 18,500.00 (3,425.00) 74,904.00 81,000.00 (6,096.00) 102,000.00 27,096.00 26.6% 4060000 Handicap Fees - 400.00 (400.00) 2,280.00 4,200.00 (1,920.00) 4,595.00 2,315.00 50.4% 4090000 Ball Retriever/Subcontract - 1,000.00 (1,000.00) 1,432.50 5,000.00 (3,567.50) 6,500.00 5,067.50 78.0% 4091000 Golf Professional Rental Fee 600.00 - 600.00 3,300.00 1,500.00 1,800.00 2,500.00 (800.00) -32.0% Total Miscellaneous Revenue 28J35.00 7559918.00 309600.00 7909355.00 (19865.00) (349437.00) 1309473.61 391519551.52 1419750.00 394879339.00 (119276.39) (3359787.48) 1799960.00 495869743.00 499486.39 194359191.48 27.5% 31.3% Total Revenue Fees Total Income 7559918.00 7909355.00 (349437.00) 391519551.52 394879339.00 1 (3359787.48) 495869743.00 194359191.48 31.3% SilverRock Resort Golf Shop Income Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Income 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 16,207.57 10,675.00 5,532.57 66,683.54 46,680.00 20,003.54 61,406.00 (5,277.54) -8.6% 4100112 Sales -Soft Goods 18,457.09 32,025.00 (13,567.91) 80,852.30 140,043.00 (59,190.70) 185,638 104,785.83 56.4% 5100639 GS-Discounts-Mdse - - - - - - - - 0.0% Total Revenue Golf Shop 34,664.66 42,700.00 (8,035.34) 145,023.32 186,723.00 (41,699.68) 247,044.13 99,508.29 40.3% COS 5100150 COS-GS-Hard Goods 8,133.62 6,191.00 1,942.62 35,209.69 27,072.00 8,137.69 35,890.00 680.31 1.9% 5100151 COS-GS-Soft Goods 9,962.59 18,574.00 (8,611.41) 47,445.49 81,222.00 (33,776.51) 107,670.00 60,224.51 55.9% 5100152 COS-GS-Purchase Disc - (1,238.00) 1,238.00 (1,624.24) (5,416.00) 3,791.76 (7,178.00) (5,553.76) 0.0% 5100220 COS-GS-Freight Merch 101.66 371.00 (269.34) 3,017.85 1,620.00 1,397.85 2,153.00 (864.85) -40.2% Cost of Sales - Golf Shop 18,197.87 23,898.00 (5,700.13) 84,048.79 104,498.00 (20,449.21) 138,535.00 54,486.21 39.3% Gross Profit 16,466.79 18,802.00 (2,335.21) 60,974.53 82,225.00 (21,250.47) 108,509.13 45,022.08 41.5% COS % 52.5% 56.0% 3.5% 58.0% 56.0% -2.0% 53.1 % 54.8% 103.2% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 424.50 1,539.00 (1,114.50) 4,177.51 13,851.00 (9,673.49) 18,468.00 14,290.49 77.4% 6101325 Insurance -Workers Comp 1,545.62 1,871.00 (325.38) 7,384.98 12,061.00 (4,676.02) 16,380.00 8,995.02 54.9% 6101720 Salaries 6,538.46 6,575.00 (36.54) 64,380.61 59,175.00 5,205.61 78,900.00 14,519.39 18.4% 6101800 Taxes -Employer Payroll 2,028.46 2,309.00 (280.54) 15,740.76 14,886.00 854.76 20,212.00 4,471.24 22.1 % 6101880 Wages -Hourly 12,579.32 17,107.00 (4,527.68) 90,624.93 93,498.00 (2,873.07) 128,400.00 37,775.07 29.4% 6101882 Wages -Overtime 96.10 - 96.10 290.00 - 290.00 - (290.00) 0.0% Total -PS-SALARIES & BENEFITS 23,212.46 29,401.00 (6,188.54) 182,598.79 193,471.00 (10,872.21) 262,360.00 79,761.21 30.4% 61-PS OTHER EXPENSES 6103762 Supplies -Office 17.61 250.00 (232.39) 1,174.14 2,250.00 (1,075.86) 3000.00 1,825.86 60.9% 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 4,500.00 (3,824.55) 6,000.00 5,324.55 88.7% 6109500 ProShop Over/Under 1.06 - 1.06 (23.08) (23.08) - 23.08 0.0% 6109722 Seminars/Training _ 35.00 (35.00) 400.00 2,370.00 (1,970.00) 3,690.00 3,290.00 89.2% 6109810 Travel - Merchandise - 15.00 (15.00) - 45.00 (45.00) 90.00 90.00 100.0% 6109820 Uniforms - 200.00 (200.00) 2,658.80 1,800.00 858.80 2,400.00 (258.80) -10.8% 6117840 Telephones 74.70 110.00 (35.30) 759.63 990.00 (230.37) 1,320.00 560.37 42.5% Total - Other Expenses 93.37 1,110.00 (1,016.63) 5,644.94 12,030.00 (6,385.06) 18,875.00 13,230.06 70.1% Total Expenses -Golf Shop 23,305.83 30,511.00 (7,205.17) 188,243.73 205,501.00 (17,257.27) 281,235.00 92,991.27 33.1% Net Income (6,839.04) (11,709.00) 4,869.96 (127,269.20) (123,276.00) (3,993.20) (172,725.88) (47,969.20) 27.8% SilverRock Resort Course Maintenance Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 63-CM-SALARIES & BENEFITS 6311320 Insurance -Group 9,617.44 8,619.00 998.44 86,443.23 75,519.00 10,924.23 100,863.00 14,419.77 14.3% 6311325 Insurance -Workers Comp 1,545.62 3,661.00 (2,115.38) 19,666.68 30,808.00 (11,141.32) 41,298.00 21,631.32 52.4% 6311720 Salaries 16,461.54 17,210.00 (748.46) 157,603.39 154,890.00 2,713.39 206,520.00 48,916.61 23.7% 6311800 Taxes -Employer Payroll 5,228.47 7,579.00 (2,350.53) 64,261.67 63,955.00 306.67 85,580.00 21,318.33 24.9% 6311880 Wages -Hourly 50,286.40 58,028.00 (7,741.60) 469,717.45 474,764.00 (5,046.55) 640,702.00 170,984.55 26.7% 6311882 Wages -Overtime 1,521.78 2,500.00 (978.22) 25,736.67 26,306.00 (569.33) 30,518.00 4,781.33 15.7% Total -CM -SALARIES & BENEFITS 849661.25 979597.00 (12,935.75) 8239429.09 826,242.00 (2,812.91) 111059481.00 282,051.91 25.5% 63-CM-SUPPLIES & MATERIALS 6313745 Chemicals - - - 32,312.65 36,000.00 (3,687.35) 47,000.00 14,687.35 31.2% 6313744 Fertilizer 9,087.17 4,000.00 5,087.17 110,376.90 87,000.00 23,376.90 114,000.00 3,623.10 3.2% 6313746 Flowers/Plants - - - 1,895.93 11,000.00 (9,104.07) 13,000.00 11,104.07 85.4% 6313748 Fuel -Gasoline 4,769.25 6,800.00 (2,030.75) 46,027.00 61,200.00 (15,173.00) 81,600.00 35,573.00 43.6% 6313750 Golf Course Accessories - 2,000.00 (2,000.00) 13,376.15 16,000.00 (2,623.85) 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 - 500.00 (500.00) 5,149.39 5,250.00 (100.61) 5,950.00 800.61 13.5% 6313774 Sand 5,254.02 - 5,254.02 39,748.94 8,500.00 31,248.94 8,500.00 (31,248.94) -367.6% 6313776 Seed - - - 154,065.58 150,000.00 4,065.58 150,000.00 (4,065.58) -2.7% 6313780 Small Tools & Non -Capital Equip - 575.00 (575.00) 2,813.25 5,300.00 (2,486.75) 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 563.64 - 563.64 5,603.30 6,000.00 (396.70) 19,000.00 13,396.70 70.5% Total -CM -SUPPLIES & MATERIALS 199674.08 4,346.00 13,875.00 4,346.00 5,799.08 - 4459994.38 39,114.00 4079250.00 39,114.00 38,744.38 - 487,575.00 52,152.00 41,580.62 13,038.00 8.5% 25.0% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Maint 6315685 CM-R&M-Bldngs & Othr Structures 2,111.28 500.00 1,611.28 3,359.78 4,500.00 (1,140.22) 6,000.00 2,640.22 44.0% 6315690 CM -R&M -Equipment 1,954.72 5,000.00 (3,045.28) 43,482.98 39,000.00 4,482.98 46,500.00 3,017.02 6.5% 6315692 CM -R&M -Irrigation System 3,722.35 2,250.00 1,472.35 37,133.23 24,750.00 12,383.23 33,250.00 (3,883.23) -11.7% 6315696 CM -R&M -Pumps - 1,000.00 (1,000.00) 2,522.50 9,000.00 (6,477.50) 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 129134.35 35.32 139096.00 30.00 (961.65) 5.32 1489931.49 256.18 1229914.00 270.00 26,017.49 (13.82) 164,952.00 360.00 16,020.51 103.82 9.7% 0.0% 6317836 Utilities -Natural Gas/LPG 6317840 Telephones 477.63 475.00 2.63 4,447.70 4,275.00 172.70 5,700.00 1,252.30 22.0% Total -CM -UTILITIES 512.95 505.00 7.95 49703.88 49545.00 158.88 6,060.00 1,356.12 22.4% 63-CM-OTHER EXPENSES 6319020 Auto Mileage/Allowance 400.00 400.00 - 3,600.00 3,600.00 - 4,800.00 1,200.00 25.0% 6319100 Contract Svcs-Soil/Tissue Test - - - 362.00 3,000.00 (2,638.00) 4,500.00 4,138.00 92.0% 6319102 Contract Svcs -Trash Removal 361.75 524.00 (162.25) 1,779.33 4,716.00 (2,936.67) 6,288.00 4,508.67 71.7% 6319150 Dues & Subscriptions 407.13 - 407.13 4,407.87 1,000.00 3,407.87 1,100.00 (3,307.87) -300.7% 6319170 Employee Education - 2,400.00 (2,400.00) 3,400.00 3,750.00 (350.00) 3,900.00 500.00 12.8% 6319197 Equipment Rental 243.99 200.00 43.99 3,557.29 2,900.00 657.29 3,400.00 (157.29) -4.6% 6319206 Licenses & Permits 300.00 1,000.00 (700.00) 2,666.46 1,400.00 1,266.46 4,300.00 1,633.54 38.0% 6319490 Miscellaneous - 100.00 (100.00) 1,631.06 900.00 731.06 1,200.00 (431.06) -35.9% 6319718 Safety Equipment & Training - 200.00 (200.00) 1,549.52 3,550.00 (2,000.48) 3,850.00 2,300.48 59.8% 6319822 Uniforms 1,625.73 1,210.00 415.73 11,647.39 10,890.00 757.39 14,520.00 2,872.61 19.8% Total -CM -OTHER EXPENSES 39338.60 69034.00 (29695.40) 349600.92 359706.00 (19105.08) 479858.00 139257.08 27.70% SilverRock Resort Course Maintenance Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-CONTRACT SERVICES 6321880 Contract Labor 26,760.04 22,000.00 4,760.04 222,484.61 198,000.00 24,484.61 264,000.00 41,515.39 15.7% Total Contract Service 26,760.04 229000.00 49760.04 2229484.61 1989000.00 249484.61 2649000.00 41,515.39 15.7% Total -COURSE MAINTENANCE 147,081.27 1533107.00 (6,025.73) 1,680,144.37 1,594,657.00 85,487.37 2,075,926.00 395,781.63 19.1 Silverrock Resort Course Maintenance Water & Energy March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 6337834 Utilities -Electricity -Pumping 18,810.19 21,240.00 (2,429.81) 165,309.65 178,100.00 (12,790.35) 236,340.00 71,030.35 30.1% 6337842 Utilities -Water 4,858.57 5,630.00 (771.43) 79,794.88 68,995.00 10,799.88 97,244.00 17,449.12 17.9% Total -CM -WATER & ENERGY 23,668.76 26,870.00 (3,201.24) 245,104.53 247,095.00 (1,990.47) 333,584.00 88,479.47 26.5% SilverRock Resort Outside Services Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense -SALARIES & BENEFITS 6411320 Insurance -Group 260.91 1,539.00 (1,278.09) 4,906.13 11,799.00 (6,892.87) $ 16,416.00 11,509.87 70.1% 6411325 Insurance -Workers Comp 2,198.85 2,712.00 (513.15) 10,946.97 16,394.00 (5,447.03) $ 22,483.00 11,536.03 51.3% 6411800 Taxes -Employer Payroll 3,297.35 4,273.00 (975.65) 20,733.88 25,833.00 (5,099.12) $ 35,424.00 14,690.12 41.5% 6411880 Wages -Hourly 28,059.25 34,320.00 (6,260.75) 179,201.07 207,494.00 (28,292.93) $ 284,534.00 105,332.93 37.0% 6411882 Wages -Overtime 3,087.46 - 3,087.46 9,573.81 - 9,573.81 $ - (9,573.81) 0.0% Total-CBR-SALARIES & BENEFITS 36,903.82 - 42,844.00 50.00 (59940.18) (50.00) 225,361.86 - 261,520.00 1,700.00 (369158.14) (1,700.00) 358,857.00 1,850.00 133,495.14 37.2% 0.0% 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts 6413742 Supplies -Expendable 374.14 150.00 224.14 7,347.04 5,600.00 1,747.04 6,750.00 (597.04) -8.8% 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) - 375.00 (375.00) 525.00 525.00 100.0% 6413768 Supplies -Printing and Stationary - 70.00 (70.00) - 210.00 (210.00) 420.00 420.00 100.0% 6413786 Supplies -Towels - 250.00 (250.00) 2,420.00 1,610.00 810.00 2,182.00 (238.00) -10.9% 6413796 Supplies -Bottled Water 7,488.00 2,500.00 4,988.00 22,448.00 22,500.00 (52.00) 30,000.00 7,552.00 25.2% Total-CBR-SUPPLIES & MATERIALS 7,862.14 838.15 39070.00 300.00 49792.14 538.15 469896.29 2,201.66 469995.00 2,700.00 (98.71) (498.34) 56,727.00 3,600.00 7,980.71 1,398.34 14.1 % 38.8% 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 6415695 CBR-R&M-Cart Maintenance & Repai 8,580.63 3,603.00 4,977.63 39,238.88 32,427.00 6,811.88 18,036.00 (21,202.88) -117.6% Total-CBR-REPAIRS & MAINTENANCE 99418.78 1,340.32 39903.00 800.00 51515.78 540.32 41,440.54 9,140.38 35,127.00 7,200.00 69313.54 1,940.38 21,636.00 9,600.00 (199804.54) 459.62 -91.5% 4.8% 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 6419220 Freight/Delivery - - - - 450.00 (450.00) 450.00 450.00 100.0% 6419490 Miscellaneous - 600.00 (600.00) 1,869.83 5,400.00 (3,530.17) 7,200.00 5,330.17 74.0% 6419820 Uniforms - 500.00 (500.00) 4,132.51 3,500.00 632.51 5,200.00 1,067.49 20.5% Total-CBR-OTHER EXPENSES 1,340.32 559525.06 1,138.00 19900.00 519717.00 1,138.00 (559.68) (559.68) - 159142.72 328,841.41 7,269.74 169550.00 360,192.00 6,243.00 (1,407.28) (319350.59) 1,026.74 $ 22,450.00 4599670.00 9,088.00 7,307.28 1289978.59 1,818.26 32.5% 28.1 % 20.0% TOTAL-CARTS,8AGROOM & RANGE 643-CS-SALARIES & BENEFITS 6431325 Insurance -Workers Comp 6431800 Taxes -Employer Payroll 1,600.13 1,404.00 196.13 11,970.25 7,704.00 4,266.25 $ 11,214.00 (756.25) -6.7% 6431880 Wages -Hourly 10,574.11 14,400.00 (3,825.89) 67,516.37 79,017.00 (11,500.63) $ 115,017.00 47,500.63 41.3% 6431882 Wages -Overtime - - - - - - $ - - 0.0% Total -CS -SALARIES & BENEFITS 13,312.24 - 169942.00 100.00 (39629.76) (100.00) 869756.36 5,131.19 929964.00 800.00 (6,207.64) 4,331.19 135,319.00 1,050.00 48,562.64 (4,081.19) 35.9% -388.7% 643-CS-OTHER EXPENSES 6433742 Supplies Expendable 6439490 Miscellaneous 207.66 - 207.66 248.89 200.00 48.89 200.00 (48.89) -24.4% 6439718 Safety Equipment & Training - 50.00 (50.00) - 450.00 (450.00) 600.00 600.00 100.0% 6439820 Uniforms - 75.00 (75.00) 2,600.98 1,575.00 1,025.98 2,125.00 (475.98) _22.4% Total -CS -OTHER EXPENSES 207.66 225.00 (17.34) 79981.06 31025.00 49956.06 39975.00 (49006.06) -100.8% Total -COURSE SERVICES 139519.90 179167.00 (39647.10) 94,737.42 95,989.00 (19251.58) 1399294.00 449556.58 32.0% TOTAL OUTSIDE SERVICES 69,044.96 68,884.00 160.96 423,578.83 456,181.00 (32,602.17) 598,964.00 177,541.23 29.6% SilverRock Resort Clubhouse Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Annual Final Budget Variance Budget Variance Variance Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 520.00 520.00 - 4,360.00 4,680.00 (320.00) 2,400.00 (1,960.00) -81.7% Total -CH -SUPPLIES & MATERIALS 520.00 520.00 - 4,360.00 4,680.00 (320.00) 2,400.00 (1,960.00) -81.7% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 997.94 1,000.00 (2.06) 7,220.03 9,000.00 (1,779.97) 12,000.00 4,779.97 39.8% 6507840 Utilities -Telephone 1,548.12 1,750.00 (201.88) 13,131.13 15,750.00 (2,618.87) 21,000.00 7,868.87 37.5% 6507842 Utilities -Water 669.15 608.00 61.15 6,164.90 5,472.00 692.90 7,296.00 1,131.10 15.5% 6507844 Utilities -Cable 435.62 420.00 15.62 3,868.26 3,780.00 88.26 5,040.00 1,171.74 23.2% Total -CH -UTILITIES 3,650.83 3,778.00 (127.17) 30,384.32 34,002.00 (3,617.68) 45,336.00 14,951.68 33.0% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 452.51 500.00 (47.49) 4,367.51 6,500.00 (2,132.49) 8,000.00 3,632.49 45.4% 6509099 Contract Services -Security 8,219.11 7,100.00 1,119.11 66,127.14 63,900.00 2,227.14 85,200.00 19,072.86 22.4% 6509215 Flowers & Decorations - 500.00 (500.00) - 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) - 900.00 (900.00) 1,200.00 1,200.00 100.0% Total -CH -OTHER EXPENSES 8,671.62 600.28 8,200.00 300.00 471.62 300.28 70,494.65 6,040.81 72,800.00 2,700.00 (2,305.35) 3,340.81 96,300.00 3,600.00 25,805.35 (2,440.81) 26.8% -67.8% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 6515686 CH -R&M -Restaurant Repairs 317.68 700.00 (382.32) 2,544.65 6,300.00 (3,755.35) 8,400.00 5,855.35 69.7% 6515690 CH -R&M -Equipment Repair - 700.00 (700.00) 3,809.88 6,300.00 (2,490.12) 8,400.00 4,590.12 54.6% Total -CH -REPAIRS & MAINTENANCE 917.96 13,760.41 1,700.00 14,198.00 (782.04) (437.59) 12,395.34 117,634.31 15,300.00 126,782.00 (2,904.66) (9,147.69) 20,400.00 164,436.00 8,004.66 16,009.32 39.2% 9.7% Total CLUBHOUSE SilverRock Resort Marketing Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 66-MKT-SALARIES & BENEFITS 6601320Insurance-Group 359.73 513.00 (153.27) 2,097.15 2,052.00 45.15 $ 3,591.00 1,493.85 41.6% 6601325 Insurance -Workers Comp 99.00 99.00 - 1,196.64 891.00 305.64 $ 1,185.00 (11.64) -1.0% 6601720 Salaries 1,250.00 1,250.00 - 14,625.00 11,250.00 3,375.00 $ 15,000.00 375.00 2.5% 6601800 Tax -Employer Payroll 122.00 122.00 - 1,525.00 1,098.00 427.00 $ 1,462.00 (63.00) -4.3% Total -MKT -SALARIES & BENEFITS 1,830.73 - 1,984.00 100.00 (153.27) (100.00) 19,443.79 542.18 15,291.00 900.00 4,152.79 (357.82) 21,238.00 1,200.00 1,794.21 657.82 8.4% 54.8% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 6603768 Supplies -Printing & Stationery 1,479.43 125.00 1,354.43 6,805.24 4,050.00 2,755.24 4,425.00 (2,380.24) -53.8% Total -MKT -SUPPLIES & MARKETING 1,479.43 225.00 1,254.43 7,347.42 4,950.00 2,397.42 5,625.00 (1,722.42) -30.6% 66-MKT-UTILITIES 6607840 Utilities -Telephone 142.89 100.00 42.89 1,200.24 900.00 300.24 1,200.00 (0.24) 0.0% Total -MKT -UTILITIES 142.89 100.00 42.89 1,200.24 900.00 300.24 1,200.00 (0.24) 0.0% 66-MKT-OTHER EXPENSES 6609010 Advertising 9,211.99 15,341.00 (6,129.01) 64,975.89 92,054.00 (27,078.11) 113,787.00 48,811.11 42.9% 6609040 Business Meals - 25.00 (25.00) - 225.00 (225.00) 300.00 300.00 100.0% 6609080 Collateral Material 720.73 2,500.00 (1,779.27) 9,652.34 16,500.00 (6,847.66) 21,000.00 11,347.66 54.0% 6609102 Contract Services -Web Page - 150.00 (150.00) - 1,350.00 (1,350.00) 1,800.00 1,800.00 100.0% 6609150 Dues & Subscriptions 334.00 300.00 34.00 683.16 735.00 (51.84) 735.00 51.84 7.1% 6609620 Postage - 50.00 (50.00) 16.62 250.00 (233.38) 600.00 583.38 97.2% 6609490 Miscellaneous - 50.00 (50.00) 38.17 450.00 (411.83) 400.00 361.83 90.5% 6609630 Promotion - - - 72.00 1,000.00 (928.00) 1,000.00 928.00 92.8% 6609633 Promotion-Cummunity - 75.00 (75.00) - 2,025.00 (2,025.00) 2,250.00 2,250.00 100.0% 6609634 Promotion-Media/Vendor - 50.00 (50.00) 99.00 550.00 (451.00) 700.00 601.00 85.9% 6609820 Uniforms - 50.00 (50.00) 204.47 550.00 (345.53) 600.00 395.53 65.9% Total -MKT -OTHER EXPENSES 10,266.72 189591.00 (89324.28) 759741.65 1159689.00 (399947.35) 1439172.00 679430.35 47.1 % TOTAL MARKETING 13,719.77 20,900.00 (7,180.23) 103,733.10 136,830.00 (33,096.90) 171,235.00 67,501.90 39.4% SilverRock Resort General and Administrative Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 Insurance -Group 5,152.62 5,148.00 4.62 42,630.44 46,332.00 (3,701.56) $ 61,776.00 19,145.56 31.0% 6701325 Insurance -Workers Comp 19531.62 2,052.00 (520.38) 9,109.22 18,468.00 (9,358.78) $ 24,621.00 15,511.78 63.0% 6701720 Salaries 18,673.08 20,170.00 (1,496.92) 178,450.17 181,530.00 (3,079.83) $ 242,040.00 63,589.83 26.3% 6701800 Taxes -Employer Payroll 1,689.89 2,532.00 (842.11) 23,098.51 22,788.00 310.51 $ 30,381.00 7,282.49 24.0% 6701880 Wages -Hourly 2,082.00 5,797.00 (3,715.00) 51,429.04 52,173.00 (743.96) $ 69,564.00 18,134.96 26.1% 6701882 Wages -Overtime - - - 19.08 - 19.08 $ - - Total-G&A-SALARIES & BENEFITS 29,129.21 32.98 35,699.00 500.00 (6,569.79) (467.02) 304,736.46 1,161.35 321,291.00 4,500.00 (16,554.54) (3,338.65) 428,382.00 6,300.00 123,645.54 5,138.65 28.9% 81.6% 67-G&A-SUPPLIES & MATERIALS 6703740 Supplies -Computer 6703762 Supplies -Office - 105.00 (105.00) 320.71 945.00 (624.29) 1,260.00 939.29 74.5% 6703768 Supplies -Printing & Stationery - 400.00 (400.00) 763.58 2,100.00 (1,336.42) 3,300.00 2,536.42 76.9% Total-G&A-SUPPLIES & MATERIALS 32.98 - 1,005.00 750.00 (972.02) (750.00) 2,245.64 40.77 7,545.00 6,500.00 (5,299.36) (6,459.23) 10,860.00 7,300.00 8,614.36 7,259.23 79.3% 99.4% 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment Total-G&A-REPAIRS & MAINTENANCE - 750.00 (750.00) 40.77 6,500.00 (6,459.23) 7,300.00 7,259.23 99.4% 67-G&A-OTHER EXPENSES 6709020 Auto/Mileage Allowance 500.00 500.00 - 4,500.00 4,500.00 - 69000.00 1,500.00 25.0% 6709150 Dues & Subscriptions - 50.00 (50.00) 1,988.47 850.00 1,138.47 1,550.00 (438.47) -28.3% 6709180 Employee Recruiting/Relocation - 200.00 (200.00) 244.69 1,200.00 (955.31) 1,200.00 955.31 79.6% 6709197 Equipment Rental 603.87 1,100.00 (496.13) 7,059.90 9,900.00 (2,840.10) 13,200.00 6,140.10 46.5% 6709202 Fees -Bank 52.68 90.00 (37.32) 662.50 810.00 (147.50) 1,080.00 417.50 38.7% 6709208 Fees -Payroll Processing 1,659.79 1,500.00 159.79 9,919.23 13,500.00 (3,580.77) 18,000.00 8,080.77 44.9% 6709220 Freight/Delivery - 50.00 (50.00) 26.45 450.00 (423.55) 600.00 573.55 95.6% 6709490 Miscellaneous 1,500.00 100.00 1,400.00 9,013.44 5,700.00 39313.44 6,000.00 (3,013.44) -50.2% 6709620 Postage/Mail Services - 75.00 (75.00) 923.67 675.00 248.67 900.00 (23.67) -2.6% 6709625 Expense Professional Fees 2,847.38 1,500.00 1,347.38 15,328.51 13,500.00 19828.51 18,000.00 2,671.49 14.8% 6709636 Promotion/Entertainment - 100.00 (100.00) 1,000.00 900.00 100.00 19200.00 200.00 16.7% 6709722 Seminars & Training 320.00 200.00 120.00 721.04 2,800.00 (2,078.96) 3,400.00 2,678.96 78.8% 6709810 Travel - - - - 200.00 (200.00) 1,100.00 1,100.00 100.0% 6709820 Uniforms 398.03 150.00 248.03 1,090.15 1,550.00 (459.85) 2,000.00 909.85 45.5% Total-G&A-OTHER EXPENSES 7,881.75 37,043.94 5,615.00 43,069.00 2,266.75 (6,025.06) 52,478.05 359,500.92 56,535.00 391,871.00 (4,056.95) (32,370.08) 74,230.00 520,772.00 21,751.95 161,271.08 29.3% 31.0% Total -GENERAL & ADMINISTRATIVE Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement March 2025 Month to Date Year to Date Annual Budget March 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 68-LEASES 6800193 Equipment Leases -Maintenance 23,218.13 22,500.00 718.13 177,256.27 185,100.00 (7,843.73) 252,600.00 75,343.73 29.8% 6800195 Trailer Lease - 5,200.00 (5,200.00) - 46,800.00 (46,800.00) - - - 6800196 Equipment Leases-GPS 4,718.00 5,072.00 (354.00) 45,997.14 45,648.00 349.14 60,864.00 14,866.86 24.4% 6800197 Equipment Leases -Others 473.28 1,950.00 (1,476.72) 4,837.32 14,350.00 (9,512.68) 20,200.00 15,362.68 76.1% Total -LEASES 28,409.41 34,722.00 (6,312.59) 228,090.73 291,898.00 (63,807.27) 333,664.00 105,573.27 31.6% 69-M/SC OTHER EXPENSES 11,437.00 11,437.00 - 102,933.00 102,931.00 2.00 137,232.00 34,299.00 25.0% 6900096 Contract Srvcs-Management Fee 6900210 FF&E Reserve 14,543.66 15,195.00 (651.34) 60,433.52 66,911.00 (6,477.48) 88,136.00 27,702.48 31.4% 6900323 Insurance -Commercial 6,784.48 4,600.00 2,184.48 52,325.19 41,400.00 10,925.19 55,200.00 2,874.81 5.2% 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 32,765.14 31,232.00 1,533.14 1 221,146.85 226,242.00 (5,095.15) 295,568.00 74,421.15 25.2% 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 16 8 9 12 39 47 35 34 12 32 74 81 121 0 0 11 4 8 48 6 77 10