March 15, 2021 Regular Meeting Directors Report

2021-22 Preliminary Budget OUTDOOR RESORT - PALM SPRINGS July 1, 2021 - June 30, 2022

2021-22 PROPOSED ANNUAL

2020-2021 ANNUAL

% OF CHANGE

2021-22 MONTHLY

MONTHLY PER UNIT

ITEM

INCOME ADMINISTRATION

5,909,778

6,098,932

3.2% 508,244

419.00

Assessments

Late Fees/Interest/NSF

14,836

14,500 (2.3%)

1,208

1.00 0.00 1.03 0.84 0.48 0.00 0.69 0.27 6.87 0.60 4.62 0.23 0.14 0.58 0.16 0.03 0.17 0.24 3.98 0.57 0.44

Special Individual Assessments

456

0 (100.0%)

0

Transfer Fees

13,000 7,500 5,000 2,500 16,000 3,800 105,597 45,600 32,516

15,000 15.4% 12,200 62.7% 7,000 40.0%

1,250 1,017

Escrow Demand Fee

Permit Fee

583

Key Replacement

0 (100.0%)

0

Sponsorship Vendor Fees

10,000 (37.5%)

833 333

4,000

5.3%

Laundry

100,000 (5.3%) 8,700 (80.9%) 67,250 106.8% 3,300 100.0%

8,333

Interest (Operations) Interest (Reserve) Interest (Capital)

725

5,604

0

275

Total Administration Income

6,156,583

6,340,882

3.0% 528,407

435.62

RENTAL/REIMBURSEMENTS

Proximity Cards Transponders Beauty Shop Rent Coffee Bar % of Sales

2,022 8,500 2,226

2,000 (1.1%)

167 708 196 208 292 42 692 533

8,500 2,350

0.0% 5.6%

318

500 57.2% 2,500 (41.9%) 3,500 (28.6%) 58,000 16.0% 8,300 (63.3%) 6,400 (46.7%)

Café % of Sales

4,300 4,905 50,000 22,600 12,000

Store Rent

Real Estate % of Sales Real Estate % of Rental

4,833

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