OUTDOOR RESORT - PALM SPRINGS 2026-2027 Budget Summary July 1, 2026 - June 30, 2027 Approved by the Board May 18, 2026
ITEM
ANNUAL
MONTHLY/UNIT
REVENUE
Assessments
8,355,094
574.00
Total Administration Revenue (Including Assesments)
8,626,344
592.63
Total Rental/Reimburesement Revenue
469,100
32.23
Total Lifestyles Revenue
363,850
25.00
Total Golf Revenue
14,750
1.01
TOTAL REVENUE
9,474,044
650.87
EXPENSE
Total Administration Expense
1,151,701
79.12
Total Resort Services Expense
232,470
15.97
Total Lifestyles Expense
341,714
23.48
Total Golf Expense
98,095
6.74
Total Grounds & Greens Expense
1,912,184
131.37
Total Security Expense
581,265
39.93
Total Mailroom Expense
73,747
5.07
Total Facilities Expense
375,778
25.82
Total Maintenance & Repair Expense
945,121
64.93
Total Vehicle Expense
99,846
6.86
Total Utilities Expense
1,126,808
77.41
Total Insurance Expense
808,589
55.55
TOTAL OPERATING EXPENSE
7,747,318
532.24
Budget Contingency
154,946
10.64
Total Reserve Contribution
1,324,000
90.96
Total Capital Contribution
247,780
17.02
TOTAL GROSS EXPENSE
(9,474,044)
650.87
NON-ASSESSMENT INCOME
1,118,950
(76.87)
ASSESSMENT INCOME
8,355,094
574.00
NET INCOME/LOSS
0
0.00
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