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November 2016 Brookview Golf CourseOver 2016 November YTD (Under)% Budget Actual Actual Budget Current Revenue Green Fees 795,000 33,781 879,814 84,814 110.67% Driving Range Fees 167,000 0 169,628 2,628 101.57% Par 3 Fees 137,370 1,861 169,202 31,832 123.17% Lawn Bowling 42,000 932 65,473 23,473 155.89% Pro Shop Sales 80,000 2,904 87,579 7,579 109.47% Pro Shop Rentals 260,000 10,228 280,411 20,411 107.85% Concession Sales 360,000 9,511 436,848 76,848 121.35% Other Revenue 78,000 1,579 75,227 (2,773)96.44% Interest Earnings 2,000 0 0 (2,000)0.00%(1) Less: Credit Card Charges/Sales Tax (36,000)(5,757)(43,238)(7,238)120.11% Total Revenue 1,885,370 55,039 2,120,944 235,574 112.49% Expenses: Golf Operations 637,125 40,330 671,911 34,786 105.46%(2) Course Maintenance 792,800 40,772 743,928 (48,872)93.84% Pro Shop 114,620 3,912 133,436 18,816 116.42% Grill 251,750 11,106 337,052 85,302 133.88% Driving Range 50,665 1,219 68,924 18,259 136.04% Par 3 Course 27,295 163 26,472 (823)96.98% Lawn Bowling 27,195 0 17,475 (9,720)64.26% Total Expenses 1,901,450 97,502 1,999,198 97,748 105.14% (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 November, 2016 (unaudited) opened March 23; closed November 10