OUTDOOR RESORT - PALM SPRINGS 2021-22 Budget Summ a ry July 1, 2021 - June 30, 2022 Approved by the Board on March 15, 2021
ITEM
Annual
Monthly/Unit
REVENUE
Assessment
6,098,932 6,340,882
419.00 435.62
Total Administration Revenue (Including Assessments)
Total Rental/Reimburesement Revenue
439,050 121,150 76,950 18,000
30.16
Total Lifestyles Revenue
8.32 5.29 1.24
Total Bar Revenue Total Golf Revenue
6,996,032
480.63
TOTAL REVENUE
EXPENSE
Total Administration Expense Total Resort Services Expense
694,401 198,200 218,090 83,573 92,010
47.71 13.62 14.98
Total Lifestyles Expense
Total Bar Expense Total Golf Expense
5.74 6.32
Total Grounds & Greens Expense
1,494,160
102.65
Total Security Expense Total Mailroom Expense Total Facilities Expense
406,617 59,186 239,956 611,376 72,117 961,979 443,551 167,256
27.93
4.07
16.49 42.00
Total Maintenance & Repair Expense
Total Vehicle Expense Total Utilities Expense Total Insurance Expense
4.95
66.09 30.47 11.49
Budget Contingency
Total Operating Expense
(5,742,472) 1,123,560
(394.51)
Total Reserve Contribution Total Capital Contribution
77.19
130,000
8.93
TOTAL GROSS EXPENSE NON-ASSESSMENT INCOME
(6,996,032)
(480.63)
897,100
61.63
ASSESSMENT INCOME NET INCOME/LOSS
6,098,932
419.00
0
0.00
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