Loading...
JUNE 2017 Country Club_ PRELIMINARY as of 7-10-17The Village of North Palm Beach Country Club Budget Summary Fiscal Year 2016-2017 Preliminary Current YTD FY 2017 % of FY 2017 Prior Year Actual 6/30/2017 Budget Budget Original Budget 6/30/2016 9/30/2016 REVENUES Driving Range $ 261,028 $ 315,920 82.62% $ 315,920 $ 271,519 $ 322,208 Membership 586,875 599,365 97.92% 599,365 594,532 595,076 Cart Rental 674,628 837,956 80.51% 837,956 668,232 815,894 Walking Fees 43,964 46,984 93.57% 46,984 40,871 44,525 Greens Fees 800,292 867,785 92.22% 867,785 750,906 830,808 Lessons 81,480 130,000 62.68% 130,000 94,844 118,346 Tournament Proceeds 3,755 3,200 117.34% 3,200 3,625 3,840 Bag Room 13,870 13,000 106.69% 13,000 13,630 13,750 Golf Club Rental 40,189 40,000 100.47% 40,000 32,857 37,120 Merchandise Sales 112,410 180,000 62.45% 180,000 126,239 153,190 Food & Beverage -Lease Operation 22,300 0 0.00% 0 0 0 Liquor Sales - 271,745 0.00% 271,745 204,090 254,446 Food & Beverage Sales 436,700 0.00% 436,700 376,140 466,484 Sales of Surplus - 0 0.00% 0 145,000 145,000 Interest Earnings 5,704 10,000 57.04% 10,000 7,377 9,230 Facility Rental - 30,000 0.00% 30,000 31,864 38,972 Charge Card Fee Revenue 4,555 6,000 75.92% 6,000 5,330 5,466 Insurance Refunds - 0 0.00% 0 0 387 Appropriated Retained Earnings - 45,400 0.00% 45,400 0 0 Other 21,205 8,800 240.97% 8,800 10,861 20,061 Total Revenues 2,672,256 3,842,855 69.54% 3,842,855 3,377,917 3,874,803 EXPENSES Personnel: Salary & Benefits 509,250 1,218,306 41.80% 1,218,306 893,764 1,213,242 Operating: Accounting & Auditing 5,847 7,000 83.53% 7,000 5,687 5,687 Charge Card Fees 50,241 79,572 63.14% 79,572 57,882 67,862 Contractual Services 961,878 1,254,974 76.65% 1,254,974 907,598 1,220,274 Entertainment 1,820 7,000 26.00% 7,000 4,362 5,462 Rental-Equipment/Uniform, etc. 8,048 23,750 33.89% 23,750 16,639 22,002 Legal Fees 3,591 10,000 35.91% 10,000 5,233 5,898 Lessons 23,103 32,000 72.20% 32,000 29,007 33,596 Marketing & Advertising 5,964 26,000 22.94% 26,000 2,629 5,121 Materials & Supplies 29,201 71,500 40.84% 71,500 39,732 56,204 Merchandise 67,560 364,000 18.56% 364,000 325,678 412,749 Professional Services 200 100 200.00% 100 158,230 227,818 Repairs & Maintenance 6,246 48,620 12.85% 48,620 16,799 22,383 Utilities 137,234 200,162 68.56% 200,162 145,309 193,588 Other Operating Costs 20,582 47,250 43.56% 47,250 26,676 32,710 Capital: Capital Outlay 2,416 7,000 34.51% 7,000 19,783 19,394 Debt & Other: Debt Service 199,079 398,151 50.00% 398,151 199,079 398,159 Golf Cart Lease (Capital Lease) - 0 0.00% 0 149,566 149,566 Insurance -Prop & Gen Liab 35,602 47,470 75.00% 47,470 38,916 51,888 Contingency / Other 10,407 0 0.00% 0 0 0 Total Expenses 2,078,269 3,842,855 54.08% 3,842,855 3,042,568 4,143,601 Revenues over (under) expenses $ 593,986 $ - $ - $ 335,349 $ (268,797) Rounds 34,948 44,050 44,050 34,412 42,415