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<br />6/23/2006 PACKET
<br /> Golf Course
<br /> Variance Variance
<br /> 2005 2006 Budget vs. Budget vs.
<br /> Actual Budget Projected Projected $ Budget
<br />Beginning Cash Balance, January 1 $ 84,370 $ 84,370
<br />Revenues
<br />Charges for Services 1,842,664 2,161,180 2,117,956 (43,224) 98%
<br />Investment Income - - - 0%
<br /> Total 1,842,664 2,161,180 2,117,956 (43,224) 98%
<br />Expenses
<br />Golf operations 1,489,704 1,797,711 1,761,757 (35,954) 98%
<br />Capital Outlay 24,923 60,500 60,500 - 100%
<br />Debt Service Payments 261,713 261,713 100%
<br /> Total 1,790,344 2,119,924 2,083,970 (35,954) 98%
<br />Other Financing Source (Uses)
<br />Interfund Loan - Fleet Management Fund (31,248) (31,250) (31,250) -
<br />Transfers Out to Water Utility Fund - (25,000) 25,000
<br />Net change in balance sheet accounts 19,528 - -
<br />Increase (Decrease) to Cash Balance (14,994) 2,737 17,731
<br />Ending Cash Balance, December 31 $ 84,370 $ 69,376 $ 87,107 $ 17,731
<br />PACKET 14
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