Directors Report

OUTDOOR RESORT - PALM SPRINGS Operating Summary Income Statement Nov-20

Budget to Date

Current Month

Budget

Variance

Last year this month YTD

Variance

Revenue Administration Resort Services

409,656 35,411

413,708 47,456 32,075 21,025

(4,052) (12,045) (31,436) (18,318)

382,138 44,443 21,485 12,414

2,010,628

2,014,518

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

69,638

97,555 32,075 22,690

Lifestyles

639

639

Bar

2,707 1,891

2,707 1,891

Golf

1,734

157

1,538

1,734

157

Total Revenues

450,303

515,998

(65,695)

462,018

2,085,502

2,168,572

(83,070)

Budget to Date

Current Month

Budget

Variance

Last year this month YTD

Variance

Expenses Administration Resort Services

66,423 15,482 14,152

70,760 17,747 31,497 12,101 21,058 112,580 39,421

4,337 2,265

84,070 24,041 28,009 11,788 18,509 109,654 27,563

335,506 72,141 39,139

361,683 81,880 73,141 19,639 32,811 630,600 201,640 20,347 109,552 299,051 31,752 356,491

26,177

9,739

Lifestyles

17,345

34,002 10,994 12,285

Bar

5,116

6,985 6,591

8,645

Golf

14,467 114,341 30,669

20,526 652,938 188,082 15,143 95,399 302,420 26,627 423,247

Grounds & Greens

(1,761)

(22,338)

Security Mailroom Facilities

8,752

13,557

7,257

4,897

(2,360)

4,835

5,204

22,180 59,089

23,543 58,629

1,363

23,172 40,837

14,153 (3,369)

Maintenance & Repair Vehicles Maintenance

(460)

4,069

6,615

2,546

8,288

5,125

Utilities

82,400 435,644

70,013 468,861

(12,387)

71,901 452,668

(66,756)

Total Expenses

33,217

2,179,813

2,218,587

38,774

Net Income/Loss

14,658

47,137

(32,479)

9,351

(94,311)

(50,015)

(44,296)

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