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FISCAL YEAR 2018-2019
SCHEDULE 18 - SUMMARY OF REVENUES AND EXPENDITURES

GOLF COURSE FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2015/16 FY 2016/17 FY 2017/18 FY 2017/18 FY 2018/19
ROUNDS 43,250 49,147 51,000 45,000 50,000

REVENUES
Green Fees $971,821 $951,730 $1,002,000 $868,000 $1,002,000
Pro Shop 400,426 403,867 392,000 483,000 413,500
Driving Range 86,163 79,132 85,000 70,000 75,000
Carts 401,580 409,075 391,000 357,990 391,000
Food & Beverage 728,709 714,299 690,000 673,971 681,500
General & Administrative 1,167 126 1,167 0 0
General Fund Loan 0 0 0 0 0
Other Revenue 39,018 129,514 13,904 38,454 38,454
Appropriation of Fund Balance 27,79 6 0 0 0 0
TOTAL REVENUE $2,656,679 $2,687,743 $2,575,071 $2,491,415 $2,601,454

EXPENDITURES
OPERATING
Pro Shop $132,812 $136,669 $165,461 $138,758 $166,710
Pro Shop: Cost of Goods Sold 154,542 191,202 143,000 177,031 143,000
Driving Range 10,446 8,150 16,200 13,200 18,200
Golf Carts 230,142 214,717 222,224 240,580 224,030
Course Maintenance 598,974 590,173 626,700 596,520 632,200
Food & Beverage 307,435 340,789 280,952 306,963 304,202
Food & Beverage: Cost of Goods Sold 208,740 226,256 215,660 227,764 206,064
Sales & Membership 51,649 36,415 56,764 50,000 56,764
General & Administrative 290,979 312,998 232,523 270,766 287,755
Clubhouse 115,306 118,783 120,544 105,644 97,434
Management Fees 146,353 144,714 113,434 142,000 144,714
Capital 67,297 129,405 217,641 58,221 154,000
SUB-TOTAL $2,314,676 $2,450,271 $2,411,103 $2,327,447 $2,435,073
OTHER & RESERVES
Debt Service $109,615 $116,430 $63,968 $63,968 $62,743
Transfer to Capital Projects 0 0 100,000 100,000 103,638
Payment to Interdepartmental Loans
W a t e r F u n d 8 4 , 6 2 8 4 8 , 0 0 3 0 0 0
General Fund 147,760 147,76 0 0 0 0
C o n t r i b u t i o n t o R e s e r v e s 0 0 0 0 0
SUB-TOTAL $342,003 $312,193 $163,968 $163,968 $166,381
TOTAL EXPENDITURES $2,656,679 $2,762,464 $2,575,071 $2,491,415 $2,601,454

BALANCE $0 ($74,721) $0 $0 $0

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