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January 2014 Brookview Golf Course Fund City of Golden Valley Monthly Budget Report-Brookview Golf Course Enterprise Fund(3) January,2014(unaudited) Over 2014 January YTD (Under) % Budget Actual Actual Budget Current Revenue Green Fees 880,780 0 0 (880,780) 0.00% Driving Range Fees 105,000 0 0 (105,000) 0.00% Par 3 Fees 173,200 0 0 (173,200) 0.00% Lawn Bowling 18,730 0 0 (18,730) 0.00% Pro Shop Sales 78,500 26 26 (78,474) 0.03�0 Pro Shop Rentals 227,800 0 0 (227,800) 0.00% Concession Sales 215,200 33 33 (215,167) 0.02� Other Revenue 70,155 0 0 (70,155) 0.00% Interest Earnings 6,000 0 0 (6,000) 0.00% (1) Less:Credit Card Charges/Sales Tax (35,000) 0 0 35,000 0.00% (4) Total Revenue 1,740,365 59 59 (1,740,306) O.00�o Expenses: Golf Operations 655,995 36,340 36,340 (619,655) 5.54% (2) Course Maintenance 778,840 23,167 23,167 (755,673) 2.97% Pro Shop 105,705 11,303 11,303 (94,402) 10.69% Grill 177,910 0 0 (177,910) 0.00% Driving Range 48,075 0 0 (48,075) 0.00% Par 3 Course 3,500 0 0 (3,500) 0.00% Lawn Bowling 141,965 0 0 (141,965) 0.00% Total Expenses 1,911,990 70,810 70,810 (1,841,180) 3.70% (1) Interest Earnings are allocated at year-end. (2) Depreciation is allocated at year-end. (3) Course has not opened for business. (4)No fees for January.