220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271
Service agreements Copier & printing expenses Repair & Maintenance Utilities - water usage, gas, electricity Telephone - Alarm line Dues & subscriptions Class expenses Credit card processing fees Insurance (fitness center portion) Promotion & membership material Misc expenses Total of Community & Fitness Center Expense
2 022 Boa r d A pprov ed Bu dget 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234
Swim team expenses Fish stocking expense Entertainment for membership - general Entertainment - 4th of July Various recreation activity expenses Portable bathroom expense Seminars / training Licenses & Permits Total general amenity & recreation expense
1,000 1,500 20,600 14,000 9,000 231,500
Golf amenity expenses Salaries - Pro shop & related Salaries - Golf maintenance Payroll taxes Employee benefit expenses Uniform expense Golf Pro expenses allowed Temporary help / outside contractors Proshop operating supplies & expenses Golf cart electricity Lease expense - golf carts Lease expense - golf equipment Equipment rental (short term) Course equipment R&M Course equipment fuel & lubricants Portable bathroom expense Licenses & permits Course accessories Course chemicals Course fertilizer Course landscape mulch Course drain & irrigation maintenance Course seed & sod Course top soil and sand Course tools Course safety equipment Course irrigation operation - electricity Topdressing Course flowers & plant material Other course maintenance expenses Superintendent expenses allowed Total golf amenity
94,500 263,900 40,600 37,100 2,400 900 2,500 3,900 2,900 44,900 73,100 2,100 13,500 17,000 800 100 3,500 53,000 23,000 200 4,000 2,800 2,000 200 600 8,000 8,700 1,700 2,500 1,300 711,700
Restaurant amenity expenses Cost of Goods Sold Salaries - Front of House Salaries - Back of House Salaries - Halfway House Salaries - Pool Snack Shop Payroll taxes Employee benefit expenses Uniform expense Restaurant materials & supplies Restaurant equipment maintenance & repair Food spoilage Direct Utility Cost - Propane Usage Licenses & permits Other restaurant expenses Continuing education & career development Cash over / (short) Total restaurant amenity
179,900 146,400 150,000 22,200 11,900 37,900 26,100 1,800 35,000 9,000 5,300 9,000 1,700 3,200 2,200 641,600
Community & Fitness Center Expense Salaries - attend. Salaries- janitorial Payroll taxes Employee benefits expense Uniform expense Fitness amenity office supplies Fitness amenity operating supplies Service agreements Copier & printing expenses Repair & Maintenance Utilities - water usage, gas, electricity Telephone - Alarm line Dues & subscriptions Class expenses Credit card processing fees Insurance (fitness center portion) Promotion & membership material Misc expenses Total of Community & Fitness Center ExpenseW TOTAL OF EXPENSES
E AT H E RVA
15,000 12,900 3,200 300 2,100 1,000 1,200 600 4,600 400 14,100 800 2,400 N 58,600 E 3,505,200
TOTAL OF EXPENSES
1,000 1,200 600 4,600 400 14,100 800 2,400 58,600 3,505,200
Operating Net Income / (Loss)
259,700
Depreciation / Amortization expense
325,400
Net Income / (Loss)
(65,700)
Other Income / (Expense) Transfer fee/Capital Improvement income Interest income - reserve and restricted funds Gain / (loss) on sales of assets Income tax (expense) provision Scholarship & Junior Golf contributions/(disbursements) net Total of Other income / (expense)
190,000 15,400 800 206,200
ACCRUAL BASIS TOTAL NET INCOME / (LOSS):
140,500
CONVERSION TO CASH BASIS (For the period 1/1 through 12/31) Accrual Net Income / (loss) Add: Depreciation expense Add (Less) total of non-operating income / (expense) Accrued revenue vs. cash receipts: Less: Accrued current year dues Add: current year dues bad debt accrual Add: collection of current year dues Less: current year dues that were actually prepaid in previous year Less: All other accrued revenue Add: Other revenue bad debt accrual Add: Collections of all other accrued revenue (includes previous years du Add: Collection of next year's dues billed in advance Less: Contribution to reserve fund from dues collected Equals net gain (or loss) of cash for the period
140,500 325,400 (206,200)
(2,469,075) 295,000 2,273,975 (342,000) (747,900) 66,300 550,000 342,000 (208,000) 20,000
Operating Cash Flow: Projected Monthly Operating Cash Balances - 2014 January 31 February 28 March 31 April 30 May 31 June 30 July 31 August 31 September 30 October 31 November 30 December 31
JANUARY
2022
7
