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10 April 2025 SilverRock Resort - Monthly Financial StatementSI LVERROCK° RESORT Monthly Financial Statements July 01, 2024 - April 30, 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 a Administrative Expense Statement 8 Operating Leases a Miscellaneous Expense Statement 9 Complimentary Report 10 SilverRock Resort Summary Operating Income Statement April 2025 Month to Date Year to Date Annual Budget G/L # Series 400000 401000 410000 420000 510000 520000 610000 630000 633000 640000 650000 660000 670000 680000 690000 620000 Account Description Income Golf Green Fee Revenue Miscellaneous Golf Revenue Revenue -Golf Shop Food & Beverage Revenue Total Income Cost of Goods Sold COS -Golf Shop COS -Food & Beverage Total COS Gross Profit April 2025 Final Budget Variance Percentage Difference Final Budget Variance Annual Budget Unemcumb. Bdgt 448,029.52 18,273.80 22,069.66 87,387.98 505,244.00 21,645.00 27,472.00 98,901.00 (57,214.48) (3,371.20) (5,402.34) (11,513.02) 575,760.96 653,262.00 (77,501.04) 12,553.89 $ 15,375.00 30,582.32 $ 27,832.00 43,136.21 43,207.00 (2,821.11) 2,750.32 (70.79) 532,624.75 610,055.00 (77,430.25) Expenses Golf Pro Shop Course Maintenance Maintenance Water & Energy Outside Services Clubhouse Marketing General & Administrative Leases Miscellaneous Other Expense Food & Beverage Expenses Total Expenses Net Income 24,888.60 181,334.96 23,150.30 67,825.98 13,054.06 13,637.69 35,319.44 28,672.05 29,508.52 69,332.98 486,724.58 29,969.00 (5,080.40) 165,112.00 16,222.96 29,840.00 (6,689.70) 68,709.00 (883.02) 13,698.00 (643.94) 13,705.00 (67.31) 42,769.00 (7,449.56) 34,722.00 (6,049.95) 26,142.00 3,366.52 62,299.00 7,033.98 486,965.00 (240.42) 45,900.17 123,090.00 (77,189.83) 18.3% -9.9% 0.2% -12.7% 17.0% -9.8% 22.4% 1.3% 4.7% 0.5% 17.4% 17.4% -12.9% -11.3% 0.0% -24.5 3,469,107.43 148,747.41 167,092.98 635,396.83 4,420,344.65 96,602.68 238,267.51 334,870.19 4,085,474.46 3,850,833.00 163,395.00 214,195.00 671,963.00 (381,725.57) (14,647.59) (47,102.02) (36,566.17) 4,900,386.00 (480,041.35) 119,873.00 192,208.00 312,081.00 23,270.32 (46,059.51) (22,789.19) 4,588,305.00 (502,830.54) 4,406,783.00 179,960.00 247,518.00 774,989.00 5,609,250.00 138,526.00 221,939.00 360,465.00 5,248,785.00 937,675.57 31,212.59 80,425.02 139,592.17 1,188,905.35 41,923.32 (16,328.51) 25,594.81 1,163, 310.54 213,132.33 1,861,479.33 268,254.83 491,404.81 130,688.37 117,370.79 394,820.36 256,762.78 250,655.37 522,113.27 4,506,682.24 (421,207.78) 235,470.00 1,759,769.00 276,935.00 524,890.00 140,480.00 150,535.00 434,640.00 326,620.00 252,384.00 524,589.00 (22,337.67) 101,710.33 (8,680.17) (33,485.19) (9,791.63) (33,164.21) (39,819.64) (69,857.22) (1,728.63) (2,475.73) 4,626,312.00 (119,629.76) (38,007.00) (383,200.78) 281,235.00 2,076,015.00 333,584.00 598,965.00 168,276.00 170,826.00 520,777.00 421,264.00 295,568.00 609,573.00 5,476,083.00 (227,298.00) 68,102.67 214,535.67 65,329.17 107,560.19 37,587.63 53,455.21 125,956.64 164,501.22 44,912.63 87,459.73 881,941.03 281,369.51 79% 83% 68% 82% 79% 70% 107% 93% 78% 76% 90% 80% 82% 78% 69% 76% 61% 85% 85% 82% 400000 Rounds of Golf Played Paid Rounds Played Ave $ Per Paid Round Green Fee Ave $ Per Paid Round Merchandise Ave $ Per Paid Miscellaneous 4,490 99.78 4.92 4.07 4,995 101.15 5.50 4.33 (505) (1.37) (0.58) (0.26) 32,726 106.00 5.11 4.55 37,745 102.02 5.67 4.33 (5,019) 3.98 (0.57) 0.22 44,545 98.93 5.56 4.04 11,819 (7.08) 0.45 (0.51) 73% 107% 92% 113% 1 SilverRock Resort Statement of Fees - Revenue April 2025 Month to Date Year to Date Annual Budget April 2025 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4000000 Revenue -Fees 448,029.52 505,244.00 (57,214.48) 3,469,107.43 3,850,833.00 (381,725.57) 4,406,783.00 937,675.57 21.3% 4010000 Rider Fee 2,275.00 2,850.00 (575.00) 16,095.00 21,450.00 (5,355.00) 22,190.00 6,095.00 27.5% 4040000 Club Rental 4,761.80 6,000.00 (1,238.20) 39,498.91 37,450.00 2,048.91 42,175.00 2,676.09 6.3% 4050000 Driving Range 9,857.00 9,900.00 (43.00) 84,761.00 90,900.00 (6,139.00) 102,000.00 17,239.00 16.9% 4060000 Handicap Fees 380.00 395.00 (15.00) 2,660.00 4,595.00 (1,935.00) 4,595.00 1,935.00 42.1% 4090000 Ball Retriever/Subcontract - 1,500.00 (1,500.00) 1,432.50 6,500.00 (5,067.50) 6,500.00 5,067.50 78.0% 4091000 Golf Professional Rental Fee 1,000.00 1,000.00 - 4,300.00 2,500.00 1,800.00 2,500.00 (1,800.00) -72.0% Total Miscellaneous Revenue 18,273.80 21,645.00 (3,371.20) 148,747.41 163,395.00 (14,647.59) 179,960.00 31,212.59 17.3% 526,889.00 (60,585.68) 3,617,854.84 4,014,228.00 (396,373.16) 4,586,743.00 968,888.16 21.1% Total Revenue Fees 466,303.32 Total Income I 466,303.32 I 526,889.00 I (60,585.68)1 3,617,854.84 I 4,014,228.00 I (396,373.16)1 4,586,743.00 I 968,888.16 I 21.1 % I 2 SilverRock Resort Golf Shop Income Statement April 2025 Month to Date Year to Date Annual Budget April 2025 Income Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 4100000 Sales Miscellaneous - - - (2,512.52) - i (2,512.52) 0 0 0% 4100110 Sales Hard Goods 10,920.51 6,868.00 4,052.51 77,604.05 53,548.00 24,056.05 61,406.00 (16,198.05) -26.4% 4100112 Sales -Soft Goods 11,149.15 20,604.00 (9,454.85) 92,001.45 160,647.00 (68,645.55) 185,638 93,636.68 50.4% 5100639 GS-Discounts-Mdse - - - - - - - - 0.0% Total Revenue Golf Shop 22,069.66 27,472.00 (5,402.34) 167,092.98 214,195.00 (47,102.02) 247,044.13 77,438.63 31.3% COS 5100150 COS-GS-Hard Goods 5,965.03 3,983.00 1,982.03 41,174.72 31,055.00 10,119.72 35,890.00 (5,284.72) -14.7% 5100151 COS-GS-Soft Goods 6,395.90 11,950.00 (5,554.10) 53,841.39 93,172.00 (39,330.61) 107,670.00 53,828.61 50.0% 5100152 COS-GS-Purchase Disc (97.66) (797.00) 699.34 (1,721.90) (6,213.00) 4,491.10 (7,178.00) (5,456.10) 0.0% 5100220 COS-GS-Freight Merch 290.62 239.00 51.62 3,308.47 1,859.00 1,449.47 2,153.00 (1,155.47) -53.7% Cost of Sales - Golf Shop 12,553.89 15,375.00 (2,821.11) 96,602.68 119,873.00 (23,270.32) 138,535.00 41,932.32 30.3% Gross Profit 9,515.77 12,097.00 (2,581.23) 70,490.30 94,322.00 (23,831.70) 108,509.13 35,506.31 32.7% COS % 56.9% 56.0% -0.9% 57.8% 56.0% -1.8% 53.1% 54.1% 102.0% Expense 61-PS-SALARIES & BENEFITS 6101320 Insurance Group 427.15 1,539.00 (1,111.85) 4,604.66 15,390.00 (10,785.34) 18,468.00 13,863.34 75.1% 6101325 Insurance -Workers Comp 3,048.64 1,834.00 1,214.64 10,433.62 13,895.00 (3,461.38) 16,380.00 5,946.38 36.3% 6101720 Salaries 6,538.46 6,575.00 (36.54) 70,919.07 65,750.00 5,169.07 78,900.00 7,980.93 10.1% 6101800 Taxes -Employer Payroll 1,607.20 2,264.00 (656.80) 17,347.96 17,150.00 197.96 20,212.00 2,864.04 14.2% 6101880 Wages -Hourly 12,151.63 16,647.00 (4,495.37) 102,776.56 110,145.00 (7,368.44) 128,400.00 25,623.44 20.0% 6101882 Wages -Overtime 17.77 - 17.77 307.77 - 307.77 - (307.77) 0.0% Total -PS-SALARIES & BENEFITS 23,790.85 28,859.00 (5,068.15) 206,389.64 222,330.00 (15,940.36) 262,360.00 55,970.36 21.3% 61-PS OTHER EXPENSES 6103762 Supplies -Office 493.25 250.00 243.25 1,667.39 2,500.00 (832.61) 3000.00 1,332.61 44.4% 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 150.06 500.00 (349.94) 825.51 5,000.00 (4,174.49) 6,000.00 5,174.49 86.2% 6109500 ProShop Over/Under (0.07) - (0.07) (23.15) (23.15) - 23.15 0.0% 6109722 Seminars/Training - 35.00 (35.00) 400.00 2,405.00 (2,005.00) 3,690.00 3,290.00 89.2% 6109810 Travel - Merchandise - 15.00 (15.00) - 60.00 (60.00) 90.00 90.00 100.0% 6109820 Uniforms 379.81 200.00 179.81 3,038.61 2,000.00 1,038.61 2,400.00 (638.61) -26.6% 6117840 Telephones 74.70 110.00 (35.30) 834.33 1,100.00 (265.67) 1,320.00 485.67 36.8% Total- Other Expenses 1,097.75 1,110.00 (12.25) 6,742.69 13,140.00 (6,397.31) 18,875.00 12,132.31 64.3% Total Expenses -Golf Shop 24,888.60 29,969.00 (5,080.40) 213,132.33 235,470.00 (22,337.67) 281,235.00 68,102.67 24.2% Net Income (15,372.83) (17,872.00) 2,499.17 (142,642.03) (141,148.00) (1,494.03) (172,725.88) (32,596.37) 18.9% 3 SilverRock Resort Course Maintenance Expense Statement April 2025 Month to Date Year to Date Annual Budget April 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 63-CM-SALARIES Expense & BENEFITS 6311320 Insurance -Group 12,308.23 8,619.00 3,689.23 98,751.46 84,138.00 14,613.46 100,863.00 2,111.54 2.1% 6311325 Insurance -Workers Comp 6,528.07 3,648.00 2,880.07 26,194.75 34,456.00 (8,261.25) 41,298.00 15,103.25 36.6% 6311720 Salaries 16,461.54 17,210.00 (748.46) 174,064.93 172,100.00 1,964.93 206,520.00 32,455.07 15.7% 6311800 Taxes -Employer Payroll 5,774.78 7,541.00 (1,766.22) 70,036.45 71,496.00 (1,459.55) 85,580.00 15,543.55 18.2% 6311880 Wages -Hourly 55,797.91 58,028.00 (2,230.09) 525,515.36 532,792.00 (7,276.64) 640,702.00 115,186.64 18.0% 6311882 Wages -Overtime 1,641.02 2,106.00 (464.98) 27,377.69 28,412.00 (1,034.31) 30,518.00 3,140.31 10.3% Total -CM -SALARIES & BENEFITS 98,511.55 97,152.00 1,359.55 921,940.64 923,394.00 (1,453.36) 1,105,481.00 183,540.36 16.6% 63-CM-SUPPLIES & MATERIALS 6313745 Chemicals 12,115.74 6,000.00 6,115.74 44,428.39 42,000.00 2,428.39 47,000.00 2,571.61 5.5% 6313744 Fertilizer 17,073.58 15,000.00 2,073.58 127,450.48 102,000.00 25,450.48 114,000.00 (13,450.48) -11.8% 6313746 Flowers/Plants - - - 1,895.93 11,000.00 (9,104.07) 13,000.00 11,104.07 85.4% 6313748 Fuel -Gasoline 5,860.34 6,800.00 (939.66) 51,887.34 68,000.00 (16,112.66) 81,600.00 29,712.66 36.4% 6313750 Golf Course Accessories - - - 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 28.13 500.00 (471.87) 5,177.52 5,750.00 (572.48) 5,950.00 772.48 13.0% 6313774 Sand 1,696.49 - 1,696.49 41,445.43 8,500.00 32,945.43 8,500.00 (32,945.43) -387.6% 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 154.80 575.00 (420.20) 2,968.05 5,875.00 (2,906.95) 7,025.00 4,056.95 57.8% 6313782 Sod 1,800.90 - 1,800.90 17,068.55 11,000.00 6,068.55 15,500.00 (1,568.55) -10.1% 6313784 Topdressing - - - 5,603.30 6,000.00 (396.70) 19,000.00 13,396.70 70.5% Total -CM -SUPPLIES & MATERIALS 38,729.98 28,875.00 9,854.98 484,724.36 436,125.00 48,599.36 487,575.00 2,850.64 0.6% 63-CM-REPAIRS & MAINTENANCE 6315095 CM -R&M -Contract Lake Maint 4,943.89 4,346.00 597.89 44,057.89 43,460.00 597.89 52,152.00 8,094.11 15.5% 6315685 CM-R&M-Bldngs & Othr Structures - 500.00 (500.00) 3,359.78 5,000.00 (1,640.22) 6,000.00 2,640.22 44.0% 6315690 CM -R&M -Equipment 2,784.79 2,500.00 284.79 46,267.77 41,500.00 4,767.77 46,500.00 232.23 0.5% 6315692 CM -R&M -Irrigation System 4,220.38 2,750.00 1,470.38 41,353.61 27,500.00 13,853.61 33,250.00 (8,103.61) -24.4% 6315696 CM -R&M -Pumps 1,750.00 1,000.00 750.00 4,272.50 10,000.00 (5,727.50) 10,500.00 6,227.50 59.3% 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 13,699.06 11,096.00 2,603.06 162,630.55 134,010.00 28,620.55 164,952.00 2,321.45 1.4% 6317836 Utilities -Natural Gas/LPG 34.40 30.00 4.40 290.58 300.00 (9.42) 360.00 69.42 0.0% 6317840 Telephones 477.63 475.00 2.63 4,925.33 4,750.00 175.33 5,700.00 774.67 13.6% Total -CM -UTILITIES 512.03 505.00 7.03 5,215.91 5,050.00 165.91 6,060.00 844.09 13.9% 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 - - - 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) 1,779.33 5,240.00 (3,460.67) 6,288.00 4,508.67 71.7% 6319150 Dues & Subscriptions 160.00 - 160.00 4,567.87 1,000.00 3,567.87 1,100.00 (3,467.87) -315.3% 6319170 Employee Education - 50.00 (50.00) 3,400.00 3,800.00 (400.00) 3,900.00 500.00 12.8% 6319197 Equipment Rental 243.99 200.00 43.99 3,801.28 3,100.00 701.28 3,400.00 (401.28) -11.8% 6319206 Licenses & Permits 2,541.00 2,900.00 (359.00) 5,207.46 4,300.00 907.46 4,300.00 (907.46) -21.1 % 6319490 Miscellaneous 64.16 100.00 (35.84) 1,695.22 1,000.00 695.22 1,200.00 (495.22) -41.3% 6319718 Safety Equipment & Training 3,733.25 100.00 3,633.25 5,282.77 3,650.00 1,632.77 3,850.00 (1,432.77) -37.2% 6319822 Uniforms 1,115.94 1,210.00 (94.06) 12,763.33 12,100.00 663.33 14,520.00 1,756.67 12.1% Total -CM -OTHER EXPENSES 8,258.34 5,484.00 2,774.34 42,859.26 41,190.00 1,669.26 47,858.00 4,998.74 10.44% 4 SilverRock Resort Course Maintenance Expense Statement April 2025 Month to Date Year to Date Annual Budget April 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 632-CM-CONTRACT SERVICES 21,624.00 22,000.00 (376.00) 244,108.61 220,000.00 24,108.61 264,000.00 19,891.39 7.5% 6321880 Contract Labor Total Contract Service 21,624.00 22,000.00 (376.00) 244,108.61 220,000.00 24,108.61 264,000.00 19,891.39 7.5% Total -COURSE MAINTENANCE 181,334.96 165,112.00 16,222.96 1,861,479.33 1,759,769.00 101,710.33 2,075,926.00 214,446.67 10.3% Silverrock Resort Course Maintenance Water & Energy April 2025 Month to Date Year to Date Annual Budget April 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget 633-CM-WATER & ENERGY 16,604.44 21,240.00 (4,635.56) 6,545.86 8,600.00 (2,054.14) 181,914.09 199,340.00 (17,425.91) 86,340.74 77,595.00 8,745.74 236,340.00 54,425.91 23.0% 97,244.00 10,903.26 11.2% 6337834 Utilities -Electricity -Pumping 6337842 Utilities -Water Total -CM -WATER & ENERGY 23,150.30 29,840.00 (6,689.70) 268,254.83 276,935.00 (8,680.17) 333,584.00 65,329.17 19.6% 4 SilverRock Resort Outside Services Expense Statement April 2025 Expense -SALARIES & BENEFITS 6411320 6411325 6411800 6411880 6411882 Insurance -Group Insurance -Workers Comp Taxes -Employer Payroll Wages -Hourly Wages -Overtime Total-CBR-SALARIES & BENEFITS 641-CBR-SUPPLIES & MATERIALS 6413732 Supplies -Carts Supplies -Expendable Supplies -Fuel for Shuttle Supplies -Range Balls Supplies -Office Supplies -Printing and Stationary Supplies -Towels Supplies -Bottled Water Total-CBR-SUPPLIES & MATERIALS 6413742 6413748 6413752 6413762 6413768 6413786 6413796 641-CBR-REPAIRS & MAINTENANCE 6415690 CBR-R&M-Equipment 6415695 CBR-R&M-Cart Maintenance & Repai Total-CBR-REPAIRS & MAINTENANCE 641-CBR-OTHER EXPENSES 6419094 Contract Services-Laundry/Linen 6419220 Freight/Delivery 6419490 Miscellaneous 6419820 Uniforms Total-CBR-OTHER EXPENSES TOTAL-CARTS,BAGROOM & RANGE 643-CS-SALARIES & BENEFITS 6431325 Insurance -Workers Comp 6431800 Taxes -Employer Payroll 6431880 Wages -Hourly 6431882 Wages -Overtime Total -CS -SALARIES & BENEFITS 643-CS-OTHER EXPENSES 6433742 6439490 6439718 6439820 Supplies Expendable Miscellaneous Safety Equipment & Training Uniforms Total -CS -OTHER EXPENSES Total -COURSE SERVICES TOTAL OUTSIDE SERVICES i Month to Date Year to Date Annual Budget April 2025 Final 1,237.73 4,674.86 2,339.06 26,563.23 2,043.86 Budget 1,539.00 2,712.00 4,273.00 34,320.00 Variance Final Budget Variance (301.27) 6,143.86 13,338.00 (7,194.14) 1,962.86 15,621.83 19,106.00 (3,484.17) (1,933.94) 23,072.94 30,106.00 (7,033.06) (7,756.77) 205,764.30 241,814.00 (36,049.70) 2,043.86 11,617.67 11,617.67 36,858.74 42,844.00 (5,985.26) 262,220.60 304,364.00 (42,143.40) 708.95 708.95 8,985.22 4,077.03 13,062.25 1,340.32 76.11 1,416.43 50.00 150.00 (50.00) 558.95 50.00 (50.00) 70.00 (70.00) 250.00 (250.00) 2,500.00 (2,500.00) 3,070.00 (2,361.05) 300.00 3,603.00 8,685.22 474.03 3,903.00 9,159.25 800.00 600.00 1,400.00 52,046.37 51,217.00 3,579.13 1,594.09 10,606.39 1,138.00 1,404.00 14,400.00 540.32 (523.89) 16.43 16.43 2,441.13 190.09 (3,793.61) 15,779.61 16,942.00 (1,162.39) 100.00 50.00 400.00 550.00 (100.00) (50.00) (400.00) (550.00) 15,779.61 17,492.00 (1,712.39) 67,825.98 68,709.00 (883.02) 8,055.99 14,681.25 2,420.00 22,448.00 47,605.24 11,186.88 43, 315.91 54,502.79 10,480.70 1,945.94 4,132.51 16,559.15 1,750.00 (1,750.00) 5,750.00 2,305.99 15,000.00 (318.75) 425.00 (425.00) 280.00 (280.00) 1,860.00 560.00 25,000.00 (2,552.00) 50,065.00 (2,459.76) 3,000.00 36,030.00 8,186.88 7,285.91 39,030.00 15,472.79 8,000.00 450.00 6,000.00 3,500.00 2,480.70 (450.00) (4,054.06) 632.51 17,950.00 (1,390.85) 380,887.78 411,409.00 (30,521.22) 10, 848.87 13, 564.34 78,122.76 102,535.97 5,131.19 248.89 2,600.98 7,381.00 9,108.00 93,417.00 3,467.87 4,456.34 (15,294.24) 109,906.00 (7,370.03) 900.00 200.00 500.00 1,975.00 7,981.06 3,575.00 110,517.03 4,231.19 48.89 (500.00) 625.98 4,406.06 113,481.00 (2,963.97) 491,404.81 524,890.00 (33,485.19) Annual Budget 16,416.00 22,483.00 35,424.00 284,534.00 358,857.00 1,850.00 6,750.00 15,000.00 525.00 420.00 2,182.00 30,000.00 56,727.00 3,600.00 18,036.00 Unemcumb. % Budget 10,272.14 6,861.17 12,351.06 78,769.70 {11,617.67) 96,636.40 (1,305.99) 318.75 525.00 420.00 (238.00) 7,552.00 7,271.76 62.6% 30.5% 34.9% 27.7% 0.0% 26.9% 0.0% -19.3% 0.0% 2.1% 100.0% 100.0% -10.9% 25.2% 12.8% (7,586.88)-210.7% (25,279.91)-140.2% 21,636.00 132,866.79)-151.9% 9,600.00 450.00 7,200.00 5,200.00 22,450.00 459,670.00 9,088.00 11,214.00 115,017.00 135,319.00 1,050.00 200.00 600.00 2,125.00 3,975.00 139,294.00 (880.70) 450.00 5,254.06 1,067.49 5,890.85 76,932.22 (1,760.87) (2,350.34) 36,894.24 32,783.03 (4,081.19) (48.89) 600.00 (475.98) -9.2% 100.0% 73.0% 20.5% 26.2% 16.7% -19.4% -21.0% 32.1% 0.0% 24.2% -388.7% -24.4% 100.0% -22.4% (4,006.06)-100.8% 28,776.97 20.7% 598,964.00 109,715.25 18.3% 5 SilverRock Resort Clubhouse Expense Statement April 2025 Month to Date Year to Date Annual Budget April 2025 Annual Final Budget Variance Budget Variance Variance Budget Unemcumb. %Budget Expense 65-CH-SUPPLIES & MATERIALS 6503742 Supplies -Expendable 520.00 520.00 - 4,880.00 5,200.00 (320.00) 2,400.00 (2,480.00) -103.3% Total -CH -SUPPLIES & MATERIALS 520.00 520.00 - 4,880.00 5,200.00 (320.00) 2,400.00 (2,480.00) -103.3% 65-CH-UTILITIES 6507836 Utilities -Natural Gas 940.23 1,000.00 (59.77) 8,160.26 10,000.00 (1,839.74) 12,000.00 3,839.74 32.0% 6507840 Utilities -Telephone 1,536.81 1,750.00 (213.19) 14,667.94 17,500.00 (2,832.06) 21,000.00 6,332.06 30.2% 6507842 Utilities -Water 656.15 608.00 48.15 6,821.05 6,080.00 741.05 7,296.00 474.95 6.5% 6507844 Utilities -Cable 435.62 420.00 15.62 4,303.88 4,200.00 103.88 5,040.00 736.12 14.6% Total -CH -UTILITIES 3,568.81 3,778.00 (209.19) 33,953.13 37,780.00 (3,826.87) 45,336.00 11,382.87 25.1% 65-CH-OTHER EXPENSES 6509091 Contract Services -Cleaning 1,190.57 500.00 690.57 5,558.08 7,000.00 (1,441.92) 8,000.00 2,441.92 30.5% 6509099 Contract Services -Security 7,174.40 7,100.00 74.40 73,301.54 71,000.00 2,301.54 85,200.00 11,898.46 14.0% 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) - 1,000.00 (1,000.00) 1,200.00 1,200.00 100.0% Total -CH -OTHER EXPENSES 8,364.97 7,700.00 664.97 78,859.62 80,500.00 (1,640.38) 96,300.00 17,440.38 18.1% 65-CH-REPAIRS & MAINTENANCE 6515685 CH -R&M -Building Structures 600.28 300.00 300.28 6,641.09 3,000.00 3,641.09 3,600.00 (3,041.09) -84.5% 6515686 CH -R&M -Restaurant Repairs - 700.00 (700.00) 2,544.65 7,000.00 (4,455.35) 8,400.00 5,855.35 69.7% 6515690 CH -R&M -Equipment Repair - 700.00 (700.00) 3,809.88 7,000.00 (3,190.12) 8,400.00 4,590.12 54.6% Total -CH -REPAIRS & MAINTENANCE 600.28 1,700.00 (1,099.72) 12,995.62 17,000.00 (4,004.38) 20,400.00 7,404.38 36.3% Total CLUBHOUSE 13,054.06 13,698.00 (643.94) 130,688.37 140,480.00 (9,791.63) 164,436.00 14,808.76 9.0% 6 SilverRock Resort Marketing Expense Statement April 2025 Month to Date Year to Date Annual Budget I April 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget Expense 437.65 513.00 (75.35) 99.00 99.00 - 1,250.00 1,250.00 - 122.00 122.00 - 2,534.80 2,565.00 (30.20) 1,295.64 990.00 305.64 15,875.00 12,500.00 3,375.00 1,647.00 1,220.00 427.00 $ 3,591.00 1,056.20 29.4% $ 1,185.00 (110.64) -9.3% $ 15,000.00 (875.00) -5.8% $ 1,462.00 (185.00) -12.7% 66-MKT-SALARIES & BENEFITS 6601320 Insurance -Group 6601325 Insurance -Workers Comp 6601720 Salaries 6601800 Tax -Employer Payroll Total -MKT -SALARIES & BENEFITS 1,908.65 1,984.00 (75.35) 21,352.44 17,275.00 4,077.44 21,238.00 (114.44) -0.5% - 100.00 (100.00) 2,922.16 125.00 2,797.16 542.18 1,000.00 (457.82) 9,727.40 4,175.00 5,552.40 1,200.00 657.82 54.8% 4,425.00 J5,302.40) -119.8% 66-MKT-SUPPLIES & MATERIALS 6603762 Supplies -Office 6603768 Supplies -Printing & Stationery Total -MKT -SUPPLIES & MARKETING 2,922.16 225.00 2,697.16 10,269.58 5,175.00 5,094.58 5,625.00 (4,644.58) -82.6% 142.89 100.00 42.89 1,343.13 1,000.00 343.13 66-MKT-UTILITIES 1,200.00 (143.13) -11.9% 6607840 Utilities -Telephone Total -MKT -UTILITIES 142.89 100.00 42.89 1,343.13 1,000.00 343.13 1,200.00 (143.13) -11.9% 8,663.99 8,446.00 217.99 - 25.00 (25.00) - 2,500.00 (2,500.00) - 150.00 (150.00) - - - - 50.00 (50.00) - 50.00 (50.00) - - - - 75.00 (75.00) - 50.00 (50.00) - 50.00 (50.00) 73,639.88 100,500.00 (26,860.12) - 250.00 (250.00) 9,652.34 19,000.00 (9,347.66) - 1,500.00 (1,500.00) 683.16 735.00 (51.84) 16.62 300.00 (283.38) 38.17 500.00 (461.83) 72.00 1,000.00 (928.00) - 2,100.00 (2,100.00) 99.00 600.00 (501.00) 204.47 600.00 (395.53) 113,787.00 40,147.12 35.3% 300.00 300.00 100.0% 21,000.00 11,347.66 54.0% 1,800.00 1,800.00 100.0% 735.00 51.84 7.1% 600.00 583.38 97.2% 400.00 361.83 90.5% 1,000.00 928.00 92.8% 2,250.00 2,250.00 100.0% 700.00 601.00 85.9% 600.00 395.53 65.9% 66-MKT-OTHER EXPENSES 6609010 Advertising 6609040 Business Meals 6609080 Collateral Material 6609102 Contract Services -Web Page 6609150 Dues & Subscriptions 6609620 Postage 6609490 Miscellaneous 6609630 Promotion 6609633 Promotion-Cummunity 6609634 Promotion-Media/Vendor 6609820 Uniforms Total -MKT -OTHER EXPENSES 8,663.99 11,396.00 (2,732.01) 84,405.64 127,085.00 (42,679.36) 143,172.00 58,766.36 41.0% TOTAL MARKETING 13,637.69 13,705.00 (67.31) 117,370.79 150,535.00 (33,164.21) 171,235.00 53,864.21 31.5% 7 6703740 6703762 6703768 SilverRock Resort General and Administrative Expense Statement April 2025 Month to Date Year to Date Annual Budget April 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. %Budget Expense 67-G&A-SALARIES & BENEFITS 6701320 6701325 6701720 6701800 6701880 6701882 Insurance -Group Insurance -Workers Comp Salaries Taxes -Employer Payroll Wages -Hourly Wages -Overtime Total-G&A-SALARIES & BENEFITS 67-G&A-SUPPLIES & MATERIALS Supplies -Computer Supplies -Office Supplies -Printing & Stationery Total-G&A-SUPPLIES & MATERIALS 67-G&A-REPAIRS & MAINTENANCE 6705690 Repairs & Maintenance -Equipment Total-G&A-REPAIRS & MAINTENANCE 6709020 6709150 6709180 6709197 6709202 6709208 6709220 6709490 6709620 6709625 6709636 6709722 6709810 6709820 67-G&A-OTHER EXPENSES Auto/Mileage Allowance Dues & Subscriptions Employee Recruiting/Relocation Equipment Rental Fees -Bank Fees -Payroll Processing Freight/Delivery Miscellaneous Postage/Mail Services Expense Professional Fees Promotion/Entertainment Seminars & Training Travel Uniforms Total-G&A-OTHER EXPENSES Total -GENERAL & ADMINISTRATIVE 4,520.34 2,452.92 18,673.08 1,787.78 3,261.13 30,695.25 32.98 88.12 138.72 259.82 500.00 105.00 313.43 51.83 1,710.15 1,391.50 150.00 142.46 4,364.37 35,319.44 5,148.00 2,052.00 20,170.00 2,532.00 5,797.00 35,699.00 500.00 105.00 400.00 1,005.00 450.00 450.00 (627.66) 400.92 (1,496.92) (744.22) (2,535.87) (5,003.75) (467.02) (16.88) (261.28) (745.18) (450.00) (450.00) 47,150.78 11,562.14 197,123.25 24,886.29 54,690.17 19.08 51,480.00 20,520.00 201,700.00 25,320.00 57,970.00 335,431.71 356,990.00 1,194.33 408.83 902.30 2,505.46 40.77 40.77 5,000.00 1,050.00 2,500.00 8,550.00 6,950.00 6,950.00 (4,329.22) (8,957.86) (4,576.75) (433.71) (3,279.83) 19.08 (21,558.29) (3,805.67) (641.17) (1,597.70) (6,044.54) (6,909.23) (6,909.23) 500.00 5,000.00 5,000.00 50.00 (50.00) 1,988.47 900.00 1,088.47 105.00 349.69 1,200.00 (850.31) 1,100.00 (786.57) 7,373.33 11,000.00 (3,626.67) 90.00 (38.17) 714.33 900.00 (185.67) 1,500.00 210.15 11,629.38 15,000.00 (3,370.62) 50.00 (50.00) 26.45 500.00 (473.55) 100.00 (100.00) 9,013.44 5,800.00 3,213.44 75.00 (75.00) 923.67 750.00 173.67 1,500.00 (108.50) 16,720.01 15,000.00 1,720.01 100.00 (100.00) 1,000.00 1,000.00 200.00 (50.00) 871.04 3,000.00 (2,128.96) 200.00 (200.00) 400.00 (400.00) 150.00 (7.54) 1,232.61 1,700.00 (467.39) 5,615.00 (1,250.63) 56,842.42 62,150.00 (5,307.58) 42,769.00 (7,449.56) 394,820.36 434,640.00 (39,819.64) 61,776.00 24,621.00 242,040.00 30,381.00 69,564.00 428,382.00 6,300.00 1,260.00 3,300.00 10,860.00 7,300.00 7,300.00 6,000.00 1,550.00 1,200.00 13,200.00 1,080.00 18,000.00 600.00 6,000.00 900.00 18,000.00 1,200.00 3,400.00 1,100.00 2,000.00 74,230.00 520,772.00 14,625.22 23.7% 13,058.86 53.0% 44,916.75 18.6% 5,494.71 18.1% 14,873.83 21.4% 92,950.29 21.7% 5,105.67 81.0% 851.17 67.6% 2,397.70 72.7% 8,354.54 76.9% 7,259.23 7,259.23 1,000.00 (438.47) 850.31 5,826.67 365.67 6,370.62 573.55 (3,013.44) (23.67) 1,279.99 200.00 2,528.96 1,100.00 767.39 17,387.58 125,951.64 99.4% 99.4% 16.7% -28.3% 70.9% 44.1% 33.9% 35.4% 95.6% -50.2% -2.6% 7.1% 16.7% 74.4% 100.0% 38.4% 23.4% 24.2% 8 Silverrock Resort Operating Leases & Miscellaneous Other Expense Statement April 2025 Month to Date Year to Date Annual Budget April 2025 Final Budget Variance Final Budget Variance Annual Budget Unemcumb. % Budget 6800193 6800195 6800196 6800197 69-MISC Expense 23,186.29 - 5,130.83 354.93 22,500.00 5,200.00 5,072.00 1,950.00 686.29 (5,200.00) 58.83 (1,595.07) 200,442.56 - 51,127.97 5,192.25 207,600.00 52,000.00 50,720.00 16,300.00 (7,157.44) (52,000.00) 407.97 (11,107.75) 252,600.00 - 60,864.00 20,200.00 52,157.44 - 9,736.03 15,007.75 20.6% - 16.0% 74.3% 23.0% 16.7% 21.3% -11.3% 63.6% 15.2% 68-LEASES Equipment Leases -Maintenance Trailer Lease Equipment Leases-GPS Equipment Leases -Others Total -LEASES 28,672.05 34,722.00 (6,049.95) 256,762.78 326,620.00 (69,857.22) 333,664.00 76,901.22 OTHER EXPENSES 11,437.00 8,960.59 9,110.93 - 11,437.00 10,105.00 4,600.00 - - (1,144.41) 4,510.93 - 114,370.00 69,394.11 61,436.12 5,455.14 114,368.00 77,016.00 46,000.00 15,000.00 2.00 (7,621.89) 15,436.12 (9,544.86) 137,232.00 88,136.00 55,200.00 15,000.00 22,862.00 18,741.89 (6,236.12) 9,544.86 6900096 Contract Srvcs-Management Fee 6900210 FF&E Reserve 6900323 Insurance -Commercial 6900800 Personal Property Taxes Total-MISC OTHER EXPENSES 29,508.52 26,142.00 3,366.52 250,655.37 252,384.00 (1,728.63) 295,568.00 44,912.63 9 SilverRock Resort -Arnold Palmer Classic Course Comp Golf Report-2024-2025 Comp Category Media Sales Promotion Golf Industry VIP Celebrity 2024 2024 2024 2024 2024 2024 July August September October November December PGA Comp 8 8 11 Charity/Gift Certificate 12 Rain/Wind Checks 3 15 Club Staff 67 39 79 LQ HS Golf Comp Category 4 8 8 11 24 8 11 4 8 48 6 79 50 117 0 59 77 2025 2025 2025 2025 2025 2025 January February March April May June Media Sales Promotion Golf Industry VIP Celebrity PGA Comp 10 22 16 10 Charity/Gift Certificate 8 14 Rain/Wind Checks 9 12 39 38 Club Staff 47 35 34 80 LQ HS Golf 12 32 16 74 81 121 158 0 0 10