January 18, 2021 Directors Report.

OUTDOOR RESORT - PALM SPRINGS Operating Income Statement Dec-20

Variance Last year this month This Year to Date

Budget to Date

GL Number

Description

Current Month

Budget

Variance

3132-100 Espresso Bar Rent

-

63

(63)

50

-

126

(126)

3142-100 Café % of Sales

187

700

(513)

(633)

658

1,800

(1,142)

3133-100 Store Rent

500

612

(112)

500

1,000

1,836

(836)

3147-100 Real Estate % of Sales

1,643

4,167

(2,525)

3,585

12,591

25,000

(12,409)

3152-100 Real Estate % of Rental

-

1,883

(1,883)

-

4,342

11,298

(6,956)

3154-100 Other (Oracle Advertising)

375

1,500

(1,125)

2,235

3,890

2,925

965

3550-125 Resort Fees

28,637

37,800

(9,163)

37,750

72,992

95,865

(22,873)

3155-125 Advertising

-

-

-

300

-

-

-

3345-125 Copies & Faxes

48

-

48

29

113

-

113

3145-125

Directories

-

-

-

-

-

-

-

3330-300 Sundries

14

-

14

36

208

-

208

Total Rental/Reimburesement Income

32,507

48,173

(15,666)

45,477

102,145

145,728

(43,583)

EXPENSE

RESORT SERVICES

4103-125 Advertising & Marketing

-

100

100

-

8,072

8,474

402

4150-125 Credit Card Fees

1,395

2,156

761

2,293

2,949

3,795

846

4184-125 Front Desk Safety Supplies

-

100

100

-

-

400

400

4142-125 Photo Copier Services

-

878

878

878

318

878

560

4190-125 Uniforms

-

105

105

104

150

700

550

4198-125 Meals & Entertainment

93

33

(60)

-

149

198

49

4905-125 Wages & Saleries

15,258

14,148

(1,110)

20,723

67,856

73,043

5,187

4975-125 Payroll Taxes

1,592

1,109

(483)

1,061

5,769

6,649

880

4990-125 Workers Comp

243

55

(188)

78

1,139

330

(809)

4971-125 Overtime

180

19

(161)

3

142

99

(43)

4995-125 Health Insurance

1,096

1,204

108

542

5,454

7,221

1,767

4110-125

Cash Over/Short

-

-

-

-

-

-

-

Total Resort Services Expense

19,856

19,907

51

25,683

91,997

101,787

9,790

Resort Services Net Income/Loss

12,651

INCOME

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