SCG MAY 2022
FI N A N CI A L R ES U LT S May-22 Actual
ASSOCIATION
May-22 Budget
Variance Fav/(Unfav)
Operating Assessment Revenue $ 1,078,809 $ 1,078,739 $ Fitness & Activities Grand Lifestyles Rent Membership Fees Recreation Revenue
55,926 7,727 29,411 51,201 144,264
33,319 8,240 34,768 62,438 138,765
Annual Pass Flex Pass Resident Daily Guest Public Merchandise Driving Range Golf Revenue
179,772 5,412 224,065 39,369 26,189 46,731 15,481 537,019
Fund Balance Allocation Other Revenue Interest Income TOTAL REVENUE
70
YTD Actual
YTD Budget
Variance Fav/(Unfav)
$ 5,378,732 $ 5,378,382 $
350
Forecast CY22
Budget CY22
Variance Fav/(Unfav)
$ 12,860,485 $ 12,860,135 $
350
585,187 51,285 159,812 311,143 1,107,426
282,247 45,783 148,595 313,785 790,409
302,940 5,501 11,218 (2,642) 317,017
831,538 97,001 488,510 574,931 1,991,979
528,598 91,500 477,292 577,573 1,674,962
302,940 5,501 11,218 (2,642) 317,017
168,642 3,985 253,210 39,983 68,191 19,895 553,905
22,607 (513) (5,357) (11,237) 5,499 11,130 1,427 (29,145) (614) 26,189 (21,460) (4,414) (16,887)
1,081,146 235,246 3,103,190 724,371 104,282 524,357 177,166 5,949,758
1,070,317 208,227 2,889,267 529,738 468,266 164,198 5,330,012
10,829 27,019 213,923 194,633 104,282 56,091 12,968 619,745
2,141,288 342,164 4,391,922 919,907 164,282 792,780 290,868 9,043,211
2,130,459 315,145 4,177,999 725,274 60,000 736,689 277,900 8,423,466
10,829 27,019 213,923 194,633 104,282 56,091 12,968 619,745
25,581 8,518 1,794,190
13,013 3,675 1,788,098
12,568 4,843 6,092
217,918 33,656 12,687,490
220,000 196,264 22,907 11,937,975
(220,000) 21,654 10,749 969,515
1,840,000 276,126 89,656 26,101,457
1,220,000 254,472 64,447 24,497,482
620,000 21,654 25,209 1,603,975
Cost of Sales GROSS PROFIT
64,819 1,729,371
74,537 1,713,561
9,718 15,810
706,793 11,980,698
530,541 11,407,433
(176,251) 573,264
1,040,945 25,060,512
864,694 23,632,788
(176,251) 1,427,724
Payroll Utilities Repairs & Maintenance Insurance Professional Fees Food / Beverage Landscaping Operating Expense TOTAL EXPENSES
873,795 186,702 61,628 70,300 29,758 110,512 190,070 413,291 1,936,056
906,368 143,771 58,862 71,610 13,758 190,794 320,967 1,706,129
32,574 (42,931) (2,766) 1,310 (16,000) (110,512) 724 (92,324) (229,927)
4,520,782 755,097 334,922 342,605 156,226 159,864 950,350 2,109,490 9,329,337
4,641,976 635,585 332,868 338,520 119,697 93,104 953,970 1,822,244 8,937,963
121,193 (119,512) (2,054) (4,085) (36,529) (66,760) 3,620 (287,247) (391,374)
10,907,237 1,924,674 850,040 843,875 366,104 579,864 2,285,908 5,681,854 23,439,556
11,028,430 1,813,234 847,986 839,790 329,575 159,719 2,289,528 5,195,148 22,503,410
121,193 (111,439) (2,054) (4,085) (36,529) (420,145) 3,620 (486,706) (936,145)
SURPLUS/(DEFICIT) Before Capital
$
Project Expense SURPLUS/(DEFICIT)
(206,685) $
7,432 $
119,305 $
-
(325,991) $ 15,744
R OUNDS
(214,117) (119,305)
7,432 $
(333,422)
15,976
(233)
$ 2,651,361 $ 2,469,471 $ 119,305
220,000
$ 2,532,056 $ 2,249,471 $ 121,256
YIELD
Balance
282,585 8,168
May-22 CARE FUND
YIELD
Balance
$ 1,620,957 $ 1,129,378 $
100,695
113,088
May-22 RESERVE FUND
181,890
STAFFING
1,840,000 $
1,020,000
491,579 (820,000)
(219,044) $
109,378 $
200,167
192,000
(328,421) 8,168
May-22
May-22
Variance
Actual
Budget
Fav/(Unfav) (6)
Money Market
$4,004,231
Money Market
$844,913
Full Time
166
172
Investments
17,200,000
Investments
3,900,000
Part Time
112
115
(3)
21,204,231
TOTAL
4,744,913
Total
278
287
(9)
TOTAL
6
0.60%
$
0.60%
$
Grand Lifestyles | July 2022 | suncitygrand.com
