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Attachment D <br />Golf Course Fund Summary <br />The following table depicts the 2020 financial activity for the Golf Course Fund for the fiscal <br />period ending September 30, 2020 (unaudited). <br />20202020%% <br />Revenues <br />BudgetActualActualExpect.Diff. <br />Charges for Services299,500$ 284,702$ 95.1%86.6%8.5% <br />Donations- - <br />Other: Equip/Bldg Rental112,000 41,334 36.9%102.7%-65.8% <br />Interest earnings- 699 <br />Total Revenue411,500$ 326,735$ 79.4%94.1%-14.7% <br />Expenditures <br />Golf & Community Bldg.445,875 289,409 64.9%69.4%-4.5% <br />Total Expenditures445,875$ 289,409$ 64.9%69.4%-4.5% <br /> <br />Comments: <br />Golf Course Fund revenues and expenditures were near expected levels overall. COVID impacted <br />the Golf Course activities in different ways. Building rental was down due to closures and limits <br />on size of gatherings. Green fees were higher than expected as people got out and explored new <br />activities during this pandemic. Revenues and expenditures can fluctuate greatly from year to year <br />depending on the length of the golfing season and weather conditions. <br /> <br />The Golf Course Fund is currently in fair financial condition with $52,000 in available cash <br />reserves for operations. <br /> <br />Page 12 of 13 <br /> <br />