Loading...
November 2013 Country Club Preliminary_as of 12-10-13 The Village of North Palm Beach Country Club Budget Summary Fiscal Year 2013-2014 Unaudited November 2013 FY 2014 %of Budget Prior Year Actual Golf F&B Admin Total Budget Target(16.67%) Nov.2012 9/30/2013 REVENUES Driving Range $ 37,662 $ 37,662 $ 281,000 13.40% $ 29,814 $ 281,518 Membership 399,800 399,800 579,335 69.01% 404,472 563,401 Cart Rental 127,932 127,932 913,440 14.01% 126,810 849,010 Walking Fees 7,023 7,023 37,702 18.63% 7,004 40,927 Greens Fees 109,483 109,483 822,590 13.31% 105,697 841,875 Lessons 28,226 28,226 120,000 23.52% 14,738 146,627 Tournament Proceeds 247 247 2,620 9.41% 365 2,447 Merchandise Sales 26,519 26,519 160,500 16.52% 17,612 165,861 Special Events/Camps - 0 0 0.00% 0 0 Food&Beverage-Lease Operation 0 0 0.00% 0 0 Liquor Sales 30,379 30,379 235,000 12.93% 29,474 206,272 Food&Beverage Sales 62,054 62,054 536,250 11.57% 60,179 397,098 Sales of Surplus - - 0 0 0.00% 0 133,800 Interest Earnings - 0 7,600 0.00% 1,074 8,554 Other 17,536 1,800 1,579 20,915 108,053 19.36% 22,126 82,411 Total Revenues 754,428 94,233 1,579 850,239 3,804,090 22.35% 819,366 3,719,802 EXPENSES Personnel: Salary&Benefits 94,704 59,887 9,693 164,285 1,114,124 14.75% 133,737 971,250 Operating: Accounting&Auditing - - 440 440 7,000 6.29% 1,500 8,151 Charge Card Fees 10,794 1,078 0 11,872 62,716 18.93% 10,548 59,696 Contractual Services 179,666 3,761 0 183,427 1,122,063 16.35% 182,780 1,091,879 Entertainment - 712 0 712 10,000 7.12% 455 7,353 Rental-Equipment/Uniform,etc. 382 2,270 1,083 3,734 21,500 17.37% 3,483 20,381 Legal Fees 998 998 10,000 9.98% 5,145 13,517 Lessons 6,428 - 0 6,428 28,000 22.96% 3,092 36,666 Marketing&Advertising 4,218 - 0 4,218 45,200 9.33% 2,549 22,359 Materials&Supplies 12,304 2,515 584 15,403 67,493 22.82% 12,722 48,449 Merchandise 14,588 29,797 0 44,385 349,300 12.71% 47,981 322,173 Repairs&Maintenance 7,574 465 0 8,039 79,694 10.09% 21,945 65,270 Solid Waste Disposal - - 0 0 18,206 0.00% 13,294 13,294 Utilities 12,323 5,100 800 18,224 200,783 9.08% 33,842 194,730 Other Operating Costs 1,306 3,925 1,367 6,598 44,600 14.79% 11,106 38,878 Capital: Capital Outlay - - 0 0 12,000 0.00% 0 14,546 Debt&Other: Debt Service 0 0 398,151 0.00% 0 398,159 Golf Cart Lease 24,510 24,510 150,600 16.28% 108,540 219,736 Insurance-Prop&Gen Liab 7,978 7,978 48,529 16.44% 7,280 43,680 Contingency 0 0 14,131 0.00% 0 0 Total Expenses 368,797 109,512 22,942 501,251 3,804,090 13.18% 599,999 3,590,166 Revenues over(under)expenses S 385,631 $ (15,279) $ (21,363) $ 348,988 $ - $ 219,367 $ 129,636 Rounds 6,378 43,000 6,499 43,893