August 13 2020- Director's Report

OUTDOOR RESORT/PALM SPRINGS OWNERS ASSOCATION OPERATING FUND REVENUES & EXPENSES

REVENUES Bar Revenue: ============

This

Budget

Last Year

This Year

Budget

Last Year

Month

Month Variance

Month

to Date to Date Variance

to Date

Bar

- -

- -

- -

- -

63,395 63,395

68,375 68,375

(4,980) (4,980)

83,706 83,706

TOTAL REVENUES

EXPENSES Bar Expense =========== Bar-Entertainment Bar-Consumables Bar - Food Cost

(100)

- - - - - - -

100

- - - - - - -

10,320

2,000 2,000 7,154

(8,320) (1,482)

4,575 1,215 8,932

- - -

- - -

3,482

96

7,058

Bar-Liquor

29,337

19,145

(10,192)

24,445

Bar Supplies

6

(6)

2,210

2,180

(30)

6,329

Wages

(433) (527)

433 527

22,237 67,683

30,426 62,905

8,189

19,292 64,787

TOTAL EXPENSES

(4,778)

NET INCOME/LOSS

527

-

(527)

-

(4,288)

5,470

(202)

18,919

This

Budget

Last Year

This Year

Budget

Last Year

Golf Revenue =========== Golf

Month

Variance

Month

to Date to Date Variance

to Date

- -

- -

- -

- -

17,105 17,105

14,042 14,042

(3,063) (3,063)

10,491 10,491

TOTAL REVENUES

EXPENSES Golf Expense: ============= Golf Pass Book Refunds

- - - - - - - - - - - -

- - - - - - - - - - - -

- - - - - - - - - - - -

- - - - - - - - - - - -

-

-

-

-

Office Supplies

33

150

117

137

ForeTees Software Cash (Over)/Short

6,000

- -

(6,000)

-

(2)

2

28

Printing Uniforms

78

500 300

422

379

228

72

-

Starter Shack Supplies

2,728 3,068

3,600

872

4,413

Golf Merchandise

- -

(3,068)

-

Golf Ball's

331

(331)

169

Wages

47,640 15,958 76,064

60,739 11,725 77,014

13,099 (4,233)

20,138

Payroll Taxes & Emp Benefits

4,518

TOTAL EXPENSES

950

29,782

NET INCOME/LOSS

-

-

-

-

(58,959)

(62,972)

(4,013)

(19,291)

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