|
|
FISCAL YEAR |
FISCAL YEAR |
|
|
|
2007/2008 |
2008/2009 |
|
|
REVENUES |
ANNUAL BUDGET |
ANNUAL BUDGET |
COMMENTS |
|
Guest Passes |
3,500 |
4,300 |
|
|
Golf Memberships |
256,678 |
300,178 |
Includes 5% Fee Increase |
|
Non Resident Golf User Fees |
9,000 |
5,370 |
|
|
Non Resident Golf Initiation Fees |
500 |
500 |
|
|
Fleet Golf Cart Rentals |
150,500 |
142,450 |
|
|
Private Golf Cart Fees |
84,164 |
88,689 |
|
|
Handicap Fees |
7,200 |
7,800 |
520 At $15 |
|
Golf Club Storage |
1,450 |
486 |
|
|
Private Range |
1,800 |
2,000 |
|
|
Green Fees |
159,715 |
155,600 |
|
|
Golf Merchandise Sales |
70,000 |
57,800 |
As Projected By Golf Department |
|
Misc Golf Income |
2,044 |
2,210 |
|
|
|
|
|
|
|
TOTAL REVENUES |
$ 746,551 |
$ 767,383 |
|
|
|
|
|
|
|
EXPENDITURES |
|
|
|
|
Salaries & Wages |
169,889 |
188,446 |
|
|
Golf Commissions |
19,000 |
16,000 |
|
|
Overtime Wages |
1,080 |
1,200 |
|
|
Compensated Absenses |
22,392 |
5,000 |
|
|
Payroll Taxes |
18,377 |
21,790 |
|
|
401K Benefit |
318 |
750 |
|
|
Health Insurance |
11,758 |
20,584 |
Health and Dental - Employer pays 75% |
|
Recruitment |
600 |
200 |
|
|
Travel & Training |
1,500 |
1,500 |
Reduced to last year's amount |
|
Telephone |
1,900 |
2,300 |
|
|
Postage |
0 |
250 |
|
|
Utilities |
29,363 |
39,483 |
|
|
Equipment Leasing |
1,908 |
25,200 |
$2,100 Per Month (For 33 Golf Cars) |
|
Workers Comp Insurance |
5,419 |
5,118 |
|
|
Golf Course Maintenance |
480,240 |
500,000 |
|
|
Repairs & Maintenance - Misc |
400 |
500 |
|
|
Repairs & Maintenance - Bldgs |
6,500 |
6,500 |
|
|
Repairs & Maintenance - Grounds |
5,600 |
5,600 |
|
|
Repairs & Maintenance - Equip |
4,000 |
4,000 |
|
|
Repairs & Maintenance - Vehicles |
12,000 |
500 |
New Cars Will Be Under Warranty |
|
Printing |
1,500 |
2,500 |
Scorecards |
|
Advertising |
4,000 |
4,000 |
|
|
Licensing & Assessments |
3,000 |
4,900 |
|
|
Bank/ Merchant Fees |
5,000 |
5,000 |
|
|
Operating Supplies |
8,400 |
8,400 |
|
|
Cleaning Supplies |
0 |
200 |
|
|
Small Tools & Hardware |
300 |
300 |
|
|
Dues & Subscriptions |
950 |
950 |
PGA:$550,USGA:$175,FSGA:$225 |
|
Merchandise Cost Of Sales |
53,360 |
40,050 |
|
|
|
|
|
|
|
TOTAL EXPENDITURES |
$ 868,754 |
$ 911,221 |
|
|
|
|
|
|
|
EXCESS/SHORTFALL |
$ (122,203) |
$ (143,838) |
|
|