Page 229 - Grapevine FY23 Adopted Budget (1)
P. 229
FY 2022-23 APPROVED OPERATING BUDGET
STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN
GOLF FUND
2019-20 2020-21 2021-22 2021-22 2022-23
Actual Actual Budget Estimate Approved
BEGINNING UNRESTRICTED NET POSITION: (2,329,014) (2,172,008) (2,813,439) (2,813,439) (2,097,927)
OPERATING REVENUES:
Cart and Club Rentals 647,337 790,187 680,000 878,073 770,000
Tournament Fees 1,430 6,860 2,500 4,585 2,500
Driving Range 176,899 226,596 240,000 270,786 240,000
Golf Pro Shop Sales 193,723 284,766 250,000 404,759 350,000
Golf Course Green Fees 1,486,516 1,796,000 1,707,000 1,937,008 1,810,000
Annual Green Fee Memberships 247,000 354,250 325,000 313,000 400,000
Restaurant % of Sales 33,663 23,108 60,000 30,635 10,000
Lesson Income 14,920 25,580 15,000 16,296 20,000
Interest Income 1,406 - 3,000 1,636 3,000
Golf Sub-Lease 235,264 307,634 270,000 339,932 310,000
Miscellaneous Income 20,489 263,763 20,000 23,750 20,000
Total Operating Revenue 3,058,648 4,078,744 3,572,500 4,220,460 3,935,500
TRANSFERS IN/CONTRIBUTIONS: - - - - -
TOTAL REVENUES AND TRANSFERS 3,058,648 4,078,744 3,572,500 4,220,460 3,935,500
OPERATING EXPENDITURES:
Personnel 1,394,369 1,501,717 1,551,359 1,541,381 1,613,421
Supplies 353,419 395,094 422,894 566,027 538,500
Maintenance 103,616 139,842 130,600 162,886 154,500
Services 361,315 434,616 457,302 470,517 531,419
Insurance 463,485 424,434 445,975 417,319 528,260
Capital Outlay 106,476 683,101 440,000 228,366 180,000
Total Operating Expenditures 2,782,680 3,578,804 3,448,130 3,386,496 3,546,100
TRANSFERS OUT:
Transfer to General Fund - Admin Fee 111,463 134,992 124,370 118,452 125,000
Total Transfers Out 111,463 134,992 124,370 118,452 125,000
TOTAL EXPENDITURES AND TRANSFERS 2,894,143 3,713,796 3,572,500 3,504,948 3,671,100
SURPLUS / (DEFICIT) 164,505 364,948 - 715,512 264,400
ENDINGUNRESTRICTED NET POSITION: (2,172,008) (2,813,439) (2,813,439) (2,097,927) (1,833,527)
229
