October 19, 2020 Directors Report

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

Budget to Date

Current Month

Budget

Variance

Last year this month YTD

Variance

Revenue Administration Resort Services

400,056

399,753

303

366,743

1,198,378

1,195,403

2,975

3,935

9,762

(5,827)

4,775

20,231

27,926

(7,695)

Lifestyles

- - -

- - -

- - -

- - -

- - -

- - -

- - -

Bar

Golf

Total Revenues

403,991

409,515

(5,524)

371,518

1,218,609

1,223,329

(4,720)

Budget to Date

Current Month

Budget

Variance

Last year this month YTD

Variance

Expenses Administration Resort Services

64,309 13,200 14,821

67,614 13,362 17,435

(3,305)

56,718 17,814

205,696 43,414 12,427

219,447 48,074 17,660

(16,523) (4,660) (5,233)

(162)

Lifestyles

(2,615)

2,186

Bar

6

- -

6

- -

18

- -

18

Golf

-

-

(1,796)

(1,796)

Grounds & Greens

119,180 41,385

112,580 36,846

6,600 4,539

107,467 22,375

386,975 116,851

377,740 111,601 10,827 55,713 180,247 18,820 211,961

9,235 5,250

Security Mailroom Facilities

2,013

3,649

(1,636) (11,605)

1,499

5,369

(5,458) (10,190)

20,620 72,026

32,225 60,093

26,360 61,370

45,523 183,200 14,593 266,374

Maintenance & Repair Vehicles Maintenance

11,933

2,953

5,790

6,218

(428)

5,570

(4,227) 54,413

Utilities

72,827

75,712

(2,885)

80,433

Total Expenses

426,178

425,734

443

381,790

1,278,645

1,252,090

23,782

Net Income/Loss

(22,186)

(16,219)

(5,081)

(10,272)

(60,036)

(28,761)

19,062

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