DHOA Annual Meeting Booklet - 2025

DESERT HORIZONS OWNERS ASSOCIATION DEPARTMENTAL REVENUES AND EXPENSES January 31, 2025 GOLF SHOP AND GOLF COURSE OPERATIONS

Jan-25

Jan-25

Actuals

Budget

YTD Actuals YTD Budget

REVENUES

Memberships and dues (CLF) Greens and driving range fees

317,325 48,384 54,559 16,481 436,748 38,300 194,069 28,641 22,679 17,190 21,349 19,175 4,248

325,521 27,000 30,050 12,250 394,821 22,100 197,833 28,817 24,068 15,400 26,790 22,700 5,550

1,209,557 1,236,988

249,829 189,954 56,969

229,800 129,270 46,050

Pro Shop sales

Cart, club rental and other income

Total Revenues

1,706,308 1,642,108

EXPENSES

Cost of sales-Proshop Salaries and wages

127,537 728,240 80,013 84,245 260,329 180,960 107,456 20,135 1,588 16,576 4,000

94,350 757,645 75,292 88,518 299,100 205,970 111,900 22,200

Payroll Taxes

Employees benefits

Golf Course Care and maintenance

Operating Expenses

Utilities

Golf Cart Lease Equipment rental Contracted Services Total Expenses

717

- -

- -

Interest Expense Capital Lease

3,934 1,000

1,000

4,000

351,303

344,258

1,611,079 1,658,975

NET GOLF OPERATIONS/GOLF COURSE (DEFICIENCY) OVER REVENUES

85,445

50,563

95,230

(16,867)

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