As we wrap up the 2024-2025 fiscal year, we narrowly missed our operational budget of $210,000 loss by $13,000. Though we are not satisfied with the loss, we have taken steps to have a zero-dollar balanced budget for the current year. Our improvement to the bottom line in just a year and a half is remarkable. In the last fiscal year, we improved our bottom line by almost $600,000 and ended the year with positive cash flow. The Food and Beverage department did better than their budget by $52,000 and improved by an incredible $415,000 year-over-year, driven by smart cost-saving measures that never compromised quality. Because of these cost savings we were able to increase our Maintenance budget that led to more improvements to our golf course. None of these financial achievements would have been possible without the dedication and hard work of every member of our team in every department- from our seasoned managers to our newest employees. Their commitment has made all the difference, and they all truly deserve our heartfelt appreciation. I would also like to acknowledge our Club Controller Riley Loftin. The dedication and hard work Rick and Riley have shown over the past 18 months has truly transformed our financial management, and we are deeply grateful for their commitment. Looking ahead to the next five months, I’m excited to take on new challenges and explore fresh opportunities with you all. My hope is to set clear goals and continue working side by side with our great Board, and General Manager, always striving for long-term success and an even stronger sense of community at RVCC. I am proud of what we’ve accomplished and how we have grown as a club. I am truly grateful for the privilege of serving in this rewarding and meaningful role. -Marla Parmele 7
Made with FlippingBook - Share PDF online