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OCTOBER Country Club Preliminary_as of 11-07-14
The Village of North Palm Beach Country Club Budget Summary Fiscal Year 2014 -2015 ** Preliminary ** Unaudited Month Ending October 31, 2014 FY 2015 % of Revised FY 2015 Prior Year Actual Golf F & B Admin Total Revised Budget Budget Original Budget October 2013 9/30/2014 REVENUES Driving Range $ 20,700 S 20,700 S 304,548 6.80% $ 304,548 $ 17,913 $ 283,320 Membership 333,503 333,503 578,045 57.69% 578,045 357,196 548275 Cart Rental 58,665 58,665 863,931 6.79% 863,931 63,095 854,057 Walking Fees 3,624 3,624 42,902 8.45% 42,902 3,109 41249 Greens Fees 43,032 43,032 926,601 4.64% 926,601 45,699 876,003 Lessons 8,853 8,853 140,000 6.32% 140,000 13,696 166,388 Tournament Proceeds 84 84 2,700 3.11% 2,700 105 2,587 Merchandise Sales 11,139 11,139 185,000 6.02% 185,000 13,167 182,063 Special Events /Camps - 0 0 0.00% 0 0 0 Food & Beverage -Lease Operation - 0 0 0.00% 0 0 0 Liquor Sales 16,564 16,564 250,000 6.63% 250,000 13,998 208,906 Food & Beverage Sales 30,244 30,244 529,000 5.72% 529,000 26,429 403,086 Sales of Surplus - - 0 0 0.00% 0 0 0 Interest Earnings - 0 8,410 0.00% 8,410 709 9,458 Other 16,695 1,440 613 18,748 84,904 22.08% 84,904 12,448 78,870 Total Revenues 496,294 48,249 613 545,156 3,916,041 13.92% 3,916,041 567,562 3,654,261 EXPENSES Personnel: Salary & Benefits 43,809 32,043 4,080 79,932 1,194,098 6.69% 1,194,098 84,485 1,095,054 Operating: Accounting & Auditing - - 0 0 7,000 0.00% 7,000 440 4,859 Charge Card Fees 6,379 793 0 7,172 61,964 11.57% 61,964 7,377 66,884 Contractual Services 90,933 2,041 0 92,974 1,137,863 8.17% 1,137,863 91,821 1,130,673 Entertainment - 224 0 224 8,000 2.80% 8,000 235 4,158 Rental- Equipment/Uniform, etc. - 580 303 883 18,000 4.91% 18,000 1,422 20,717 Legal Fees 0 0 10,000 0.00% 10,000 840 4,900 Lessons 4,209 - 0 4,209 52,000 8.10% 52,000 2,093 46,391 Marketing & Advertising 131 332 0 462 35,500 1.30% 35,500 2,986 22,595 Materials & Supplies 11,014 1,742 674 13,430 89,461 15.01% 89,461 12,912 60,622 Merchandise 6,879 18,694 0 25,573 383,590 6.67% 383,590 27,939 327,819 Repairs & Maintenance 7,038 28 0 7,066 55,679 12.69% 55,679 2,492 129,702 Solid Waste Disposal - - 0 0 0 0.00% 0 0 0 Utilities 11,597 3,745 298 15,640 194,342 8.05% 194,342 13,227 191,538 Other Operating Costs 1,322 264 213 1,799 40,870 4.40% 40,870 6,078 59,157 Capital: Capital Outlay - - 0 0 0 0.00% 0 0 41,720 Debt & Other: Debt Service 0 0 398,151 0.00% 398,151 0 398,159 Golf Cart Lease 11,305 11,305 140,000 8.08% 140,000 12,005 135,662 Insurance -Prop & Gen Liab 5,305 5,305 55,809 9.51% 55,809 3,989 48,170 Contingency 0 0 33,714 0.00% 33,714 0 0 Total Expenses 194,615 60,485 10,874 265,974 3,916,041 6.79% 3,916,041 270,341 3,788,779 Revenues over (under) expenses $ 301,679 $ (12,236) $ 279,181 $ $ S 297,221 S (134,518) $ (10,262) Rounds 3,119 44,850 44,850 3,126 43,805 FY 2015 Revised Budget $ 3,916,041 FY 2015 Original Budget 3,916,041 Budget Amendments $ -