Loading...
JUNE 2016 Country Club Preliminary_as of 7-11-2016The Village of North Palm Beach Country Club Budget Summary Fiscal Year 2015 -2016 Preliminary 3rd Quarter Ending 6130Q6 FY 2016 % of FY 2016 Prior Year Actual Golf F & B Admin Total Revised Budget Budget Original Budget June 2015 9/30/2015 REVENUES Driving Range $ 271,519 S 271,519 S 304,953 89.04% $ 304,953 $ 274,040 $ 313,882 Membership 594,532 594,532 631,635 94.13% 631,635 568,513 569,851 Cart Rental 668,232 668,232 874,771 76.39% 874,771 685,017 821,855 Walking Fees 40,871 40,871 53,818 75.94% 53,818 46,690 52,718 Greens Fees 750,906 750,906 913,172 82.23% 913,172 806,524 879,743 Lessons 94,844 94,844 140,000 67.75% 140,000 119,720 159,237 Tournament Proceeds 3,625 3,625 3,000 120.83% 3,000 3,085 3,059 Merchandise Sales 126,239 126,239 185,000 68.24% 185,000 146,700 180,971 Golf Club Rental 32,857 - - 32,857 43,000 76.41% 43,000 41,803 47,782 Bag Room 13,630 - - 13,630 12,500 109.04% 12,500 14,440 14,680 Facility Rental - 31,864 - 31,864 12,305 258.95% 12,305 10,106 11,131 Liquor Sales 204,090 204,090 271,745 75.10% 271,745 198,706 248,806 Food & Beverage Sales 376,140 376,140 504,965 74.49% 504,965 382,947 466,248 Sales of Surplus 145,000 - 145,000 145,000 100.00% 145,000 0 - Interest Earnings 4,753 4,753 10,000 47.53% 10,000 8,099 10,393 Insurance Refunds - - - - 0 0.00% 0 5,400 5,400 Charge Card Fee Revenue - - 5,330 5,330 14,212 37.50% 14,212 0 14 Appropriated Fund Balance - 264,000 0.00% 0 0 - Other 8.002 (165) 3,045 10,882 8,600 126.54% 8,600 10,685 13,478 Total Revenues 2,750,257 611,930 13,127 3,375,314 4,392,676 76.84% 4,128,676 3,322,475 3,799,246 EXPENSES Personnel: Salary & Benefits 416,290 430,200 47,259 893,749 1,209,119 73.92% 1,209,119 800,830 1,090,503 Operating: Accounting & Auditing - - 5,687 5,687 7,000 81.24% 7,000 5,319 6,219 Charge Card Fees 47,413 10,468 - 57,882 66,095 87.57% 66,095 60,899 70,095 Contractual Services 888,510 18,232 72 906,815 1,269,563 71.43% 1,269,563 839,673 1,116,070 Entertainment - 4,362 - 4,362 8,000 54.53% 8,000 3,984 5,204 Rental- Equipment/Uniform, etc. 6,687 7,560 2,392 16,639 23,850 69.77% 23,850 20,977 23,398 Legal Fees 5,233 5,233 10,000 52.33% 10,000 6,203 10,770 Lessons 29,007 - - 29,007 52,000 55.78% 52,000 45,717 58,723 Marketing & Advertising 2,016 351 - 2,367 39,000 6.07% 39,000 12,234 13,334 Materials & Supplies 19,970 23,742 2,224 45,936 79,150 58.04% 79,150 55,613 70,493 Merchandise 85,218 240,445 - 325,663 366,450 88.87% 366,450 307,147 384,168 Professional Services - - 158,230 158,230 264,100 59.91% 100 120 120 Repairs & Maintenance 12,026 4,272 - 16,298 68,598 23.76% 68,598 36,129 92,588 Solid Waste Disposal - - - - 0 0.00% 0 0 - Utilities 108,349 35,230 1,669 145,247 181,306 80.11% 181,306 137,721 185,831 Other Operating Costs 12,304 4,921 3,003 20,228 51,055 39.62% 51,055 29,372 35,732 Capital: Capital Outlay 19,783 - - 19,783 20,000 98.92% 20,000 8,161 8,161 Debt & Other: Debt Service 199,079 199,079 398,151 50.00% 398,151 199,079 398,159 Golf Cart Lease (Capital Lease) 149,566 149,566 112,000 133.54% 112,000 101,747 135,662 Insurance- Prop & Gen Liab 38,916 38,916 51,889 75.00% 51,889 47,744 63,659 Contingency - - 115,350 0.00% 115,350 0 - Total Expenses 1,996,218 779,783 264,685 3,040,686 4,392,676 69.22% 4,128,676 2,718,667 3,768,889 Revenues over (under) expenses S 754,038 $ (167,853) S (251,557) $ 334,628 $ S S 603,808 S 30,357 Rounds 34,412 44,200 44,200 35,045 42,934 FY 2016 Revised Budget 4,392,676.00 FY 2016 Original Budget 4,128,676.00 Difference 264,000.00 FY 2015 Open PO Carryover