|
Cedarholm Golf Course
<br />Financial Summary (2010-2014)
<br />Other Financing Sources (Uses)
<br />Sale of Property $
<br />- $
<br />- $
<br />2,709 $
<br />- $
<br />1,003
<br />Investment Income
<br />14,536
<br />8,825
<br />3,165
<br />Prelim
<br />2,650
<br />Change in fair value of investmts.
<br />2010
<br />-
<br />2011
<br />(11,769)
<br />2012
<br />Total Other Financing Sources $
<br />2013
<br />8,825 $
<br />2014
<br />Sales & Cost of Sales
<br />3,653
<br />Actual
<br />(21,715)
<br />Actual
<br />(55,090)
<br />Actual
<br />(44,068)
<br />Actual
<br />898,551
<br />Actual
<br />Concession Sales
<br />$
<br />17,154
<br />$
<br />15,355
<br />$
<br />17,436
<br />$
<br />16,120
<br />$
<br />28,505
<br />Equipment Sales
<br />768,525 $
<br />3,410
<br />638,852
<br />2,859
<br />2,540
<br />2,565
<br />4,498
<br />Clothing Sales
<br />-
<br />-
<br />-
<br />15
<br />-
<br />Total Sales
<br />$
<br />20,564
<br />$
<br />18,214
<br />$
<br />19,976
<br />$
<br />18,700
<br />$
<br />33,003
<br />Cost of Sales
<br />11,248
<br />8,898
<br />12,016
<br />9,895
<br />13,595
<br />Gross Profit
<br />$
<br />9,316
<br />$
<br />9,316
<br />$
<br />7,960
<br />$
<br />8,805
<br />$
<br />19,408
<br />Operating Revenues
<br />Green Fees
<br />270,382
<br />239,489
<br />265,749
<br />224,127
<br />230,944
<br />Evening League Fees
<br />1,704
<br />1,760
<br />2,033
<br />9,652
<br />9,967
<br />Day League Fees
<br />9,004
<br />8,874
<br />8,095
<br />8,911
<br />7,287
<br />Junior Golf League
<br />1,840
<br />1,976
<br />1,932
<br />1,688
<br />1,716
<br />Equipment Rental
<br />6,754
<br />6,258
<br />10,991
<br />14,477
<br />18,106
<br />Building Rental
<br />3,610
<br />2,737
<br />2,791
<br />3,101
<br />2,723
<br />Pop Commissions
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Miscellaneous
<br />-
<br />25
<br />4
<br />336
<br />8
<br />Total Operating Revenue
<br />$
<br />293,294
<br />$
<br />261,119
<br />$
<br />291,595
<br />$
<br />262,291
<br />$
<br />270,750
<br />Expenditures
<br />Personnel Services
<br />$
<br />221,870
<br />$
<br />221,639
<br />$
<br />242,092
<br />$
<br />231,577
<br />$
<br />215,953
<br />Supplies & Materials
<br />31,815
<br />26,537
<br />30,206
<br />30,849
<br />29,212
<br />Other Services & Charges
<br />36,695
<br />37,549
<br />41,467
<br />33,789
<br />40,715
<br />Administrative Charge
<br />20,000
<br />20,000
<br />20,000
<br />20,000
<br />20,000
<br />Depreciation
<br />28,481
<br />26,755
<br />26,755
<br />29,602
<br />32,000
<br />Total Operating Expenditures
<br />$
<br />338,861
<br />$
<br />332,480
<br />$
<br />360,519
<br />$
<br />345,818
<br />$
<br />337,879
<br />Other Financing Sources (Uses)
<br />Sale of Property $
<br />- $
<br />- $
<br />2,709 $
<br />- $
<br />1,003
<br />Investment Income
<br />14,536
<br />8,825
<br />3,165
<br />885
<br />2,650
<br />Change in fair value of investmts.
<br />-
<br />-
<br />-
<br />(11,769)
<br />-
<br />Total Other Financing Sources $
<br />14,536 $
<br />8,825 $
<br />5,874 $
<br />(10,884) $
<br />3,653
<br />Net Change in Assets
<br />(21,715)
<br />(53,221)
<br />(55,090)
<br />(85,605)
<br />(44,068)
<br />Beginning Net Assets
<br />898,551
<br />876,836
<br />823,615
<br />768,525
<br />682,920
<br />Prior Period Adjustment
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Ending Net Assets $
<br />876,836 $
<br />823,615 $
<br />768,525 $
<br />682,920 $
<br />638,852
<br />2
<br />
|