Directors Report

OUTDOOR RESORT - PALM SPRINGS Forecast

30-Nov-20 Actual vs. Budget

Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Total

Total

Variance

Revenue

Actuals Actual

Actual 400,056

Actual 402,595 13,996

Actual 409,656 35,411

Budget Budget Budget Budget Budget Budget Budget Actual/Budget

Budget

Administration Resort Services

396,086 11,258

402,235

410,296 48,173 13,403 10,900

418,079 77,816 32,945 21,198

416,840 91,632 33,821 26,967

412,519 77,257 23,026 17,080

404,964 33,705

399,673 16,432

398,520 10,301

4,871,519

4,875,409

(3,890) (27,917) (31,436) (19,983)

5,038

3,935

424,954 103,834 78,852 11,891

452,871 135,270 98,835 11,734

Lifestyles

- - -

- - -

- - -

- - -

639

- -

- -

- - -

Bar

2,707 1,891

Golf

1,500

2,228

2,804

2,276

915

277

157

Total Revenues

407,345

407,273

403,991

416,591

450,303

484,272

552,266

572,064

532,158

439,584

416,382

408,821

5,491,049

5,574,119

(83,071)

Expenses Administration Resort Services

64,435

71,112 22,190 38,466 13,098 14,761 118,580 38,586

73,637 17,677 20,840

891,438 211,550 251,051 83,555 102,743

(26,157) (9,740) (35,023) (9,974) (12,285)

76,952 21,735

64,309 13,200 14,821

63,407 13,245 12,559

66,423 15,482 14,152

101,164 19,907 30,158 13,935 14,759 112,580 36,850

70,892 18,989 43,424 17,099 14,759 116,580 36,516

72,090 19,994 43,776 13,510 14,759 116,580 36,516

73,614 16,985

67,246 13,928

865,281 201,810 216,028 73,581 90,458

8,478

Lifestyles

(2,716)

322

113

113

Bar

6

7,294

6

6

3,511 7,855

5,116

- -

- -

Golf

(1,796)

10,894 116,580 49,291

-

-

14,467 114,341 30,669

Grounds & Greens

153,865 38,625

113,929 36,841

119,180 41,385

152,462 40,563

121,080 36,517

116,580 36,852

1,449,160

23,177

1,472,337

Security Mailroom Facilities

472,768 54,888 262,118 729,481 76,316 880,709

(13,557) (5,203) (14,153)

459,211 49,685 247,965 732,849 71,191 947,464

1,659

4,897

4,978

1,698

2,013

2,517

7,257

4,997

4,977

4,897

4,897

4,898

11,356 45,939

26,103 59,923

22,947 60,403

13,548 65,234

20,620 72,026

27,695 60,131

22,180 59,089

27,088 59,487

26,304 60,334

24,494 61,922

11,673 65,373

13,957 62,988

Maintenance & Repair Vehicles Maintenance

3,368

4,201

7,052

6,121

(5,125) 66,755 (37,918)

4,602

5,790

7,965

4,069

6,380

6,386

5,906

5,925

6,794

Utilities

89,558 413,610

81,482 496,250

71,781 462,443

103,989 438,856

72,827 426,177

74,472 466,382

82,400 435,644

74,884 502,189

87,589 503,849

73,026 487,470

69,323 405,500

66,133 389,489

Total Expenses

5,427,859

5,465,777

Net Income/(Loss)

(6,266)

(31,584)

(22,186)

(49,792)

14,658

(17,917)

48,417

84,594

35,908

(22,859)

10,882

19,332

63,189

108,342

(45,153)

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