VILLAGE OF SUGAR MOUNTAIN FY 2024-25 Golf and Tennis Fund BUDGET VS. ACTUAL SUMMARY February 28, 2025 Revenues BUDGET MONTH YEAR VARIANCE % TO TO DATE TO DATE BUDGET Sugar Mountain Resort Lease $15,000 $15,000 $0 100.00% SM Resort Irrigation Pump Reimburst $10,000 $10,000 $0 TDA Contributions $89,500 -$89,500 0.00% Golf Revenue $617,000 $403,807 -$213,193 65.45% Tennis Revenue $41,750 $21,744 $20,006 52.08% Park Revenue $150 $150 $0 100.00% Interest on Investments $6,000 $1,792 $17,503 $11,503 291.71% Miscellaneous Revenues $100 $212 $112 211.62% Sugar Mountain Resort Reimburseme $15,000 $7,762 $10,419 -$4,581 69.46% FEMA Reimbursements - Helene $108,420 -$108,420 0.00% Proceeds of Surplus Equipment $0 Appropriated Retained Earnings $58,215 -$58,215 Golf and Tennis Revenues Totals $961,135 $9,554 $478,834 -$482,301 49.82% VILLAGE OF SUGAR MOUNTAIN FY 2024-25 Golf and Tennis Fund BUDGET VS. ACTUAL SUMMARY February 28, 2025 Expenses BUDGET MONTH YEAR VARIANCE % TO TO DATE TO DATE BUDGET Parks Operating $1,500 $79 $1,256 -$244 83.74% Totals $1,500 $79 $1,256 -$244 83.74% Tennis Salaries & Benefits $58,675 $27,637 -$31,038 47.10% Operating $27,730 $189 $5,887 $21,843 21.23% Fixed Assets $0 Totals $86,405 $189 $33,524 -$52,881 38.80% Golf Pro Shop Salaries & Benefits $90,025 $49,575 -$40,450 55.07% Operating $52,185 $2,265 $30,763 $21,422 58.95% Fixed Assets $1,000 -$1,000 0.00% Pro Shop Improvements $33,000 -$33,000 0.00% Totals $176,210 $2,265 $80,338 -$95,872 45.59% Golf Course Maintenance Salaries & Benefits $236,715 $14,999 $151,995 -$84,720 64.21% Operating $152,361 $4,740 $70,953 -$81,408 46.57% Helene Expenditures $95,005 $73,345 Fixed Assets $69,850 $69,129 -$721 98.97% Cart Path Paving $50,000 -$50,000 0.00% Totals $603,931 $19,738 $365,422 -$216,849 60.51% Debt Service Golf Cart Lease $62,102 $5,175 $41,401 -$20,701 66.67% John Deere Grinder $10,987 $877 $7,894 -$3,093 71.85% Mowers/Utility Vehicle $20,000 $1,726 $13,812 -$6,188 69.06% Totals $93,089 $7,779 $63,107 -$29,982 67.79% Golf and Tennis Expenses Totals $961,135 $30,050 $543,647 -$395,828 56.56% Year to Date Revenue Totals $478,834 Year to Date Expense Totals $543,647 Revenues Over (Under) Expenses -$64,812