March 15, 2021 Regular Meeting Directors Report

OUTDOOR RESORT - PALM SPRINGS Forecast

28-Feb-21 Actual vs. Budget

Jul-20 Aug-20 Sep-20 Oct-20 Nov-21 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

Actual 408,876 32,507 10,000

Actual 413,391 46,879

Actual 411,794 60,600

Budget Budget Budget

Budget Actual/Budget

Budget

Administration Resort Services

396,086 11,258

402,235

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

404,964 33,705

399,673 16,432

398,520 10,301

4,860,365

4,875,409

(15,044) (105,552) (93,783) (74,241)

5,038

3,935

347,319 41,487 24,594 11,352

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

Lifestyles

- - -

- - -

- - -

- - -

639

5,000

2,822 4,807 2,822

- -

- -

- - -

Bar

2,707 1,891

-

-

Golf

1,346

1,825

2,276

915

277

(382)

Total Revenues

407,345

407,273

403,991

416,591

450,304

452,729

467,095

482,846

532,158

439,584

416,382

408,821

5,285,118

5,574,119

(289,001)

Expenses Administration Resort Services

76,952 21,735

64,309 13,200 14,821

63,407 13,245 12,559

66,423 15,482 14,152

90,276 19,856 16,087

70,224 22,719 18,349

61,790

73,614 16,985

67,246 13,928

843,425 192,228 152,111 36,976 76,644

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

48,013 19,322 98,940 46,579 26,099

6,733

8,478

322

19,004

113

113

Lifestyles

(2,716)

6

6

3,511 7,855

5,116

347

41

7,551

- -

- -

Bar

6

7,294

-

-

14,467 114,341 30,669

10,046 116,071 40,239

10,303 116,894 45,044

10,114 113,639 23,468

Golf

(1,796)

10,894 116,580 49,291

1,473,201

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

(24,041)

458,081 46,288 241,793 733,790 73,616 945,669

Security Mailroom Facilities

472,768 54,888 262,118 729,481 76,316 880,709 142,136

14,687

1,698

2,013

2,517

7,257

4,647

2,855

3,972

4,897

4,898

1,659

4,897

4,978

8,600

13,548 65,234

20,620 72,026

27,695 60,131

22,180 59,089

24,498 69,707

31,670 75,545

15,546 37,433

11,673 65,373

13,957 62,988

11,356 45,939

26,103 59,923

22,947 60,403

20,325 (4,309)

Maintenance & Repair Vehicles Maintenance

4,602

5,790

7,965

4,069

7,279

6,353

7,465

5,925

6,794

4,201

7,052

6,121

2,700

103,989

72,827

74,472

82,400

78,928

76,097

78,679

69,323

66,133

Utilities

89,558

81,482

71,781

(64,960) 142,136

Contingency

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Expenses

413,610

438,856

426,177

466,382

435,645

477,981

476,095

385,394

496,250

462,443

405,500

389,489

5,273,822

5,607,913

334,091

Net Income/(Loss)

(6,265)

(31,583)

(22,186)

(49,791)

14,659

(25,252)

(9,000)

97,452

35,908

(22,859)

10,882

19,332

11,296

(33,794)

45,090

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