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July 2017 Brookview Golf CourseOver 2017 July YTD (Under)% Budget Actual Actual Budget Current Revenue Green Fees 852,460 172,760 540,754 (311,706)63.43% Driving Range Fees 151,955 37,750 128,440 (23,515)84.53% Par 3 Fees 165,000 38,080 109,562 (55,438)66.40% Lawn Bowling 45,000 18,658 38,879 (6,121)86.40% Pro Shop Sales 90,000 14,320 49,940 (40,060)55.49% Pro Shop Rentals 285,000 56,229 169,177 (115,823)59.36% Concession Sales 415,000 88,454 282,287 (132,713)68.02% Other Revenue 80,150 7,105 76,000 (4,150)94.82% Interest Earnings 5,000 0 0 (5,000)0.00%(1) Less: Credit Card Charges/Sales Tax (46,000)(7,634)(14,149)31,851 30.76% Total Revenue 2,043,565 425,722 1,380,890 (662,675)67.57% Expenses: Golf Operations 715,020 78,935 440,379 (274,641)61.59%(2) Course Maintenance 1,020,780 76,098 594,042 (426,738)58.19% Pro Shop 125,220 8,933 83,704 (41,516)66.85% Grill 307,840 61,767 230,002 (77,838)74.71% Driving Range 59,695 14,198 50,180 (9,515)84.06% Par 3 Course 24,995 5,829 15,204 (9,791)60.83% Lawn Bowling 21,245 2,055 8,223 (13,022)38.71% Total Expenses 2,274,795 247,815 1,421,734 (853,061)62.50% (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 July, 2017 (unaudited) opened March 31