Page 28 - NorthRichlandHillsFY24AdoptedBudget
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FISCAL YEAR 2023-2024
SCHEDULE 21 - SUMMARY OF REVENUES AND EXPENDITURES
GOLF COURSE FUND
ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2020/21 FY 2021/22 FY 2022/23 FY 2022/23 FY 2023/24
ROUNDS 18,961 18,961 46,276 47,000 46,276
REVENUES
OPERATING REVENUE
Green Fees $1,542,553 $1,607,624 $1,828,800 $1,828,800 $1,882,843
Pro Shop 448,768 357,489 319,473 319,473 270,306
Driving Range 88,956 141,985 155,000 155,000 135,417
Carts 346,721 352,918 453,505 453,505 405,784
Food & Beverage 520,594 652,185 569,282 569,282 688,843
General & Administrative 0 0 0 0 0
Miscellaneous 40,363 12,865 19,000 19,000 0
TOTAL OPERATING REVENUE $2,987,956 $3,125,066 $3,345,060 $3,345,060 $3,383,193
RESERVES & INTERFUND LOANS
Interfund Loan $0 $0 $0 $0 $0
Appropriation of Fund Balance 0 0 0 4,192 0
TOTAL USE OF RESERVES & INTERFUND LOANS $0 $0 $0 $4,192 $0
TOTAL RESOURCES $2,987,956 $3,125,066 $3,345,060 $3,349,253 $3,383,193
EXPENDITURES
OPERATING
Pro Shop $133,130 $168,004 $235,892 $235,892 $187,167
Pro Shop: Cost of Goods Sold 152,758 174,197 203,628 203,628 138,722
Driving Range 25,476 9,316 28,300 28,300 21,123
Golf Carts 254,462 299,341 299,413 299,413 321,944
Course Maintenance 680,166 742,411 1,003,469 1,003,469 970,355
Food & Beverage 244,805 259,470 266,658 266,658 299,106
Food & Beverage: Cost of Goods Sold 150,476 215,771 188,759 188,759 217,858
Sales & Membership 48,747 68,037 95,412 95,412 104,096
General & Administrative 378,305 609,047 550,239 554,432 572,540
Clubhouse 123,149 886 0 0 0
Management Fees 164,363 191,940 133,042 133,042 135,328
Equipment Repair and Replacement 59,611 51,502 0 0 0
TOTAL OPERATING $2,415,449 $2,789,921 $3,004,812 $3,009,005 $2,968,239
OTHER & RESERVES
Debt Service $328,439 $321,153 $310,590 $310,590 $304,415
Transfer to Capital Projects 0 0 0 0 0
Planned Contribution to Reserves 0 0 29,658 29,658 110,539
TOTAL OTHER & RESERVES $328,439 $321,153 $340,248 $340,248 $414,954
TOTAL EXPENDITURES $2,743,888 $3,111,074 $3,345,060 $3,349,253 $3,383,193
BALANCE $244,068 $13,992 $0 $0 $0
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