Strategic Plan

GREYSTONE GOLF & COUNTRY CLUB 2018 BUDGET

2018 OPERATING BUDGET

Budget

Income: Guest Green Fees

$ 300,181

Cart Fees

537,557 311,161 197,242 86,249 40,736 21,167 65,774 52,719

Golf Outings

Net Pro Shop Sales Other Rentals/Fees Performance Center

Net Food & Beverage Sales Swim Fees/Sales (Net) Tennis Fees/Sales (Net)

1,483,064 Reduced Unspent Food Minimum by $50,000

Fitness

‐

Membership Dues

4,662,384 Dues increased by $15/Month/GEM

Revenue Generation Program

Other Income

681,046

Total Income:

$ 8,439,280

Operating Expense: Golf Shop Performance Center

$ 951,029 Removed $20,000 for Part-time Merchandiser

102,979

Food & Beverage Swimming Pool

1,621,013 Reduced expense $100,000; restructure Legacy

140,514 279,877

Tennis Fitness

190,774 Reduced expense $100,000; trainers to 100% commission, equipment lease to capital

Golf Course Maintenance

2,982,453 1,122,318

Clubhouse

General & Administrative

984,613

Membership

224,919 Reduced advertising expense $40,000

Total Expenses:

$ 8,600,490

Operating Income (Loss)

(161,210)

From Initiation Fees

200,000

Net Income(Loss)

$ 38,790

This budget includes no raises for staff. Recommend first $150,000 in surplus be allocated to staff in the form of a bonus.

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