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Pinewood Golf Course
<br />Account Revenue and Expenditure Summary
<br />PINEWOOD GOLF COURSE
<br /> 2011 2010 2010 2009 2008 2007
<br /> Requested Budget as of 07/31 Actual Actual Actual
<br />REi/ENUES
<br />Recreation Programs 17,000 22,000 16,296 20,693 20,537 15,191
<br />Concessions 19,000 19,000 10,414 18,736 19,588 18,663
<br />Other Mdse Sales/Misc. 5,100 5,000 3,349 5,600 5,179 4,057
<br />Green Fees 120,000 115,000 73,821 115,712 107,963 101,336
<br />Membership Fees 14,000 14,000 13,410 14,250 11,953 15,693
<br />Golf Cart Rental 18,500 18,500 11,773 19,518 18,455 17,679
<br />Advertising Fee - 500 - 400 - 0
<br />Tournaments Revenue 7,000 7,000 1,586 7,015 8,863 5,076
<br />TOTAL 200,600 201,000 130,649 201,924 192,538 177,695
<br />EXPENDITURES
<br />Personal Service 153,500 150,400 84,775 155,878 158,123 152,810
<br />Other Operating Expenditures 73,050 65,550 25,980 57,723 84,757 99,894
<br />Other Mdse for Resale 14,500 14,000 8,414 13,226 13,358 14,377
<br />TOTAL 241,050 229,950 119,169 226,827 256,238 267,081
<br />OPERATING INCOME (LOSS) (40 450) (28 950) 11,480 (24,903) (63,700) (89,386)
<br />Capital Outlay - - - - 17,516 -
<br />NET INCOME (LOSS) (40,450) (28,950) 11,480 (24,903) (81,216) (89,386)
<br />Other Income/(Expense)
<br />Cash Over - - 25 - 26 21
<br />Principal (15,850) (8,500) (5,664) (36,049) (36,049) (34,633)
<br />Transfers In
<br />(General Fund) 56,300 37,450 - 60,952 117,239 123,998
<br />Change in Fund Balance - - 5,841 - - -
<br />Notes:
<br />Contract for deed payments on the course are funded out of park dedication & nsp reserve fund and therefore not included
<br />08/13/2010
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