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June 2016 Brookview Golf CourseOver 2016 June YTD (Under)% Budget Actual Actual Budget Current Revenue Green Fees 795,000 152,850 374,736 (420,264)47.14% Driving Range Fees 167,000 34,600 96,529 (70,471)57.80% Par 3 Fees 137,370 37,241 78,843 (58,527)57.39% Lawn Bowling 42,000 12,815 15,199 (26,801)36.19% Pro Shop Sales 80,000 14,704 42,061 (37,939)52.58% Pro Shop Rentals 260,000 50,619 111,727 (148,273)42.97% Concession Sales 360,000 79,562 165,473 (194,527)45.96% Other Revenue 78,000 9,241 67,059 (10,941)85.97% Interest Earnings 2,000 0 0 (2,000)0.00%(1) Less: Credit Card Charges/Sales Tax (36,000)(3,455)(5,267)30,733 14.63% Total Revenue 1,885,370 388,177 946,360 (939,010)50.19% Expenses: Golf Operations 637,125 90,915 350,905 (286,220)55.08%(2) Course Maintenance 792,800 84,713 369,761 (423,039)46.64% Pro Shop 114,620 14,522 90,849 (23,771)79.26% Grill 251,750 56,957 149,333 (102,417)59.32% Driving Range 50,665 10,895 34,043 (16,622)67.19% Par 3 Course 27,295 5,491 10,153 (17,142)37.20% Lawn Bowling 27,195 3,456 5,501 (21,694)20.23% Total Expenses 1,901,450 266,949 1,010,545 (890,905)53.15% (1) Interest Earnings are allocated at year-end. (2) Depreciation is allocated at year-end. City of Golden Valley Monthly Budget Report - Brookview Golf Course Enterprise Fund June, 2016 (unaudited) opened March 23