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July 2013 Brookview Golf Course City of Golden Valley Monthly Budget Report-Brookview Golf Course Enterprise Fund (3) July, 2013 (unaudited) Over 2013 July Y7D (Under) % Budget Actual Actual Budget Current Revenue Green Fees 880,780 152,486 438,162 (442,618) 49.75% Driving Range Fees 105,000 13,446 51,764 (53,236) 49.30% Par 3 Fees 180,000 28,099 81,578 (98,422) 45.32% Pro Shop Sales 78,500 15,655 46,112 (32,388) 58.74% Pro Shop Rentals 228,600 46,193 112,240 (116,360) 49�10% Concession Sales 214,700 41,401 114,576 (100,124) 53.37% Other Revenue 67,325 3,047 63,197 (4,128) 93.87% Interest Earnings 10,000 0 0 (10,000) O.OQ°/o (1) Less:Credit Card Charges/Sales Tax (40,000) (4,665) (6,894) 33,106 17.24% (4) Total Revenue 1,724,905 295,662 900,735 (824,170) 52.22% Expenses: Golf Operations 659,860 58,186 377,179 (282,681) 57.16% (2) Course Maintenance 718,285 77,165 363,787 (354,498) 50.65% Pro Shop 107,395 11,142 73,474 (33,921� 68.41% Grill 170,330 29,564 95,509 (74,821) 56.07% Driving Range 46,645 4,980 18,129 (28,516) 38.87% Par 3 Course 22,350 681 2,445 (19,905) 10.94% Total Expenses 1,724,865 181,718 930,5�3 (794,342) 53.95% (1) Interest Earnings are allocated at year-end. ' (2) Depreciation is allocated at year-end. (3) Course opened April 26. (4) Credit card fees are through June. '