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<br /> fP5J@[%&fl
<br />9/21/2006
<br /> Golf Course
<br /> Variance Variance
<br /> 2005 2006 Budget vs. 2007 Budget vs.
<br /> Actual BUdget Projected Projected $ Budget Budget
<br />Beainnina Cash Balance. Januarv 1 $ 43,770 $ 84,370 $ 84,370 $ 57,694
<br />Revenues
<br />Charges for Services 1,842,665 1,990,058 1,933,740 (56,318) 2,010,508 101%
<br /> Total 1,842,665 1,990,058 1,933,740 (56,318) 2,010,508 101%
<br />Expenses
<br />Golf operations 1,478,102 1,662,447 1,639,125 (23,322) 1,648,326 99%
<br />Capital Outlay 36,525 105,500 55,000 (50,500) 55,000 52%
<br />Debt Service Payments 275,717 261,075 261,075 - 259,775 100%
<br /> Total 1,790,344 2,029,022 1,955,200 (73,822) 1,963,101 97%
<br />Other Financing Source (Uses)
<br />Interfund Loan - Fleet Management Fund (31,248) (5,216) (5,216) - -
<br />Net change in balance sheet accounts 19,527 - - - -
<br />Increase (Decrease) to Cash Balance 40,600 (44,180) (26,676) 17,504 47,407
<br />Ending Cash Balance. December 31 $ 84,370 $ 40,190 $ 57,694 $ 17,504 $ 105,101
<br />Note: 2007 golf operations includes an increase anticipated in management fees,
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