Operating Statement For the Nine Months Ended July 31, 2024
Investment Summary As of July 31, 2024 Variance Fav (Unfav)
2024
Budget
Operating Revenue Dues Golf Services & Golf Shop Food & Beverage Other Activities Miscellaneous
4,330,791 1,074,846 2,555,592 57,736 49,755
4,342,300 1,031,000 2,535,815 56,525 48,000
(11,509) 43,846 19,777 1,211 1,755
Total Operating Revenue
8,068,720
8,013,640
55,080
Operating Expenses Administration & General House Food & Beverage Golf Services Greens Maintenance Other Activities Entertainment & Publications
1,299,732 615,350 3,237,563 925,873 1,413,162 469,443 188,455
1,290,325 644,750 3,164,747 931,125 1,383,750 518,550 169,600
(9,407) 29,400 (72,816) 5,252 (29,412) 49,107 (18,855)
Total Operating Expenses
8,149,578
8,102,847
(46,731)
(80,858)
(89,207)
8,349
Operating Surplus (Deficit)
Legacy Fund Capital Expenditure Fund Endowment Fund Balance @ July 31, 2024
441,672 1,732,944 375,006 2,549,622