Page 144 - NRH FY20 Approved Budget

FISCAL YEAR 2019-2020
SCHEDULE 18 - SUMMARY OF REVENUES AND EXPENDITURES

GOLF COURSE FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2016/17 FY 2017/18 FY 2018/19 FY 2018/19 FY 2019/20
ROUNDS 49,147 42,953 51,000 47,300 16,841

REVENUES
Green Fees $951,730 $845,548 $1,002,000 $959,997 $295,900
Pro Shop 403,867 446,520 413,500 417,900 196,400
Driving Range 79,132 58,709 75,000 75,000 34,500
Carts 409,075 383,638 391,000 384,000 133,900
Food & Beverage 714,299 625,910 681,500 689,696 253,600
General & Administrative 126 7 7 0 0 0
Interfund Loan 0 0 0 0 697,479
Other Revenue 129,514 42,832 38,454 39,768 39,768
Appropriation of Fund Balance 0 0 0 0 0
TOTAL REVENUE $2,687,743 $2,403,235 $2,601,454 $2,566,361 $1,651,547

EXPENDITURES
OPERATING
Pro Shop $136,669 $91,489 $166,710 $145,350 $73,110
Pro Shop: Cost of Goods Sold 191,202 160,495 143,000 149,000 59,000
Driving Range 8,150 14,862 18,200 17,750 16,500
Golf Carts 214,717 243,858 224,030 237,984 156,604
Course Maintenance 590,172 595,870 632,200 577,921 552,181
Food & Beverage 340,789 311,547 304,202 290,792 163,090
Food & Beverage: Cost of Goods Sold 226,256 209,681 206,064 211,598 80,280
Sales & Membership 36,415 280 56,764 0 0
General & Administrative 312,998 355,242 287,755 360,017 278,775
Clubhouse 118,783 96,681 97,434 91,534 90,100
Management Fees 144,714 135,903 144,714 144,712 130,033
Capital 129,405 156,105 154,000 122,654 0
SUB-TOTAL $2,450,271 $2,372,013 $2,435,073 $2,349,312 $1,599,673
OTHER & RESERVES
Debt Service $116,430 $63,834 $62,743 $62,530 $51,874
Transfer to Capital Projects 0 0 103,638 0 0
Payment to Interdepartmental Loans
W a t e r F u n d 4 8 , 0 0 3 0 0 0 0
General Fund 147,76 0 0 0 0 0
Contribution to Reserves 0 0 0 154,519 0
SUB-TOTAL $312,193 $63,834 $166,381 $217,049 $51,874
TOTAL EXPENDITURES $2,762,464 $2,435,847 $2,601,454 $2,566,361 $1,651,547

BALANCE ($74,721) ($32,612) $0 $0 $0

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