OUTDOOR RESORT - PALM SPRINGS 2023-2024 Budget Summary July 1, 2023 - June 30, 2024 Approved by the Board: May 15, 2023
ITEM
ANNUAL
MONTHLY/UNIT
REVENUE
Assessments
7,161,568 7,490,603
492.00 514.61
Total Administration Revenue (Including Assesments)
Total Rental/Reimburesement Revenue
598,675 294,300
41.13 20.22
Total Lifestyles Revenue
Total Golf Revenue
21,900
1.50
TOTAL REVENUE
8,405,478
577.46
EXPENSE
Total Administration Expense Total Resort Services Expense
926,788 230,921 425,255
63.67 15.86 29.22
Total Lifestyles Expense
Total Golf Expense
86,286
5.93
Total Grounds & Greens Expense
1,704,681
117.11
Total Security Expense
513,463
35.28
Total Mailroom Expense
66,306
4.56
Total Facilities Expense
310,029 681,166
21.30 46.80
Total Maintenance & Repair Expense
Total Vehicle Expense Total Utilities Expense Total Insurance Expense
86,168
5.92
1,220,531
83.85 35.50 13.95
516,700 203,049
Budget Contingency
TOTAL OPERATING EXPENSE
6,971,343 1,222,485
478.93
Total Reserve Contribution Total Capital Contribution
83.98 14.54
211,650
TOTAL GROSS EXPENSE
(8,405,478)
577.46
NON-ASSESSMENT INCOME
1,243,910
(85.46)
ASSESSMENT INCOME
7,161,568
492.00
NET INCOME/LOSS
0
0.00
Made with FlippingBook interactive PDF creator