UNIVERSITY	PARK	COUNTRY	CLUB	&	RD														
NINE	MONTHS	ENDING	JUNE	30,	2022															
														(in	thousands)													
SUMMARY	STATEMENT	OF	OPERATIONS		FY2022	FY2022	FY2022	FY2022	
Description																YTD	Actual		YTD	Budget		YTD	Variance	Budget	
REVENUE:	
MEMBERSHIP	DUES												$	3,314		$	2,956		$		358		$	3,910	
GOLF	OPERATIONS													3,372			2,446				926			2,889	
TENNIS	&	FITNESS CE	NTRE											82			53				29			66	
RESTAURANT	INCOME												1,791			1,595				196			1,911	
OTHER	INCOME															7 		4 		3 		5 	
												TOTAL	REVENUE	 $		8,567 		 $		7,055 		 $			1,513 		 $		8,782 	
EXPENSES:	
GOLF	OPERATIONS												$	1,204		$	1,033		$		170		$	1,303	
TENNIS	&	FITNESS CE	NTRE											299			259				40			337	
RESTAURANT																2,539			1,956				582			2,600	
GOLF	COURSE	MAINTENANCE										2,300			2,073				227			2,742	
GENERAL	&	ADMIN													1,409 		1,330 		80 		1,608 	
									TOTAL	DIRECT	EXPENSES	 $		7,750 		 $		6,651 		 $			1,099 		 $		8,591 	
								OPERATING	INCOME/(LOSS)	 $		817 		 $		404 		 $			414 		 $		191 	
CAPITAL 	ALLOCATION:																							
INITIATION	FEES	&	OTHER										$	386		$	186				200		$	213	
OUTSIDE	GOLF	-CAPITAL	ALLOCATION					247 		165 		82 		200 	
								TOTAL	CAPITAL	ALLOCATION	 $		633 		 $		351 		 $			282 		 $		413 	

UNIVERSITY	
PARK	
COUNTRY	
CLUB	
&	
RD								
TWELVE	MONTHS E	NDING	SEPTEMBER	30,	2022						
														(in	thousands)						
SUMMARY	STATEMENT	OF	OPERATIONS		FY2022	FY2022	FY2022				
Description																Forecast	Budget		FC	VS	Budg				
REVENUE:																									
MEMBERSHIP	DUES												$	4,457		$	3,910		$		547				
GOLF	OPERATIONS													3,897			2,889				1,008				
TENNIS	&	FITNESS CE	NTRE											96			66				29				
RESTAURANT	INCOME												2,136			1,911				225				
OTHER	INCOME															8 		5 				       3 				
												TOTAL	REVENUE	 $		10,593 		 $		8,782 		 $			1,811 				
EXPENSES:																								
GOLF	OPERATIONS												$	1,473		$	1,303		$		170				
TENNIS	&	FITNESS CE	NTRE											385			337				47				
RESTAURANT																3,073			2,600				473				
GOLF	COURSE	MAINTENANCE										3,019			2,742				277				
GENERAL	&	ADMIN													1,793 		1,608 				     184 				
									TOTAL	DIRECT	EXPENSES	 $		9,743 		 $		8,591 		 $			1,152 				
								OPERATING	INCOME/(LOSS)	 $		850 		 $		191 		 $			660 				
CAPITAL 	ALLOCATION:																						
INITIATION	FEES	&	OTHER										$	413		$	213				200				
OUTSIDE	GOLF	-CAPITAL	ALLOCATION					277 		200 				      77 				
				TOTAL	CAPITAL	ALLOCATION	 $		690 		 $		413 		 $			277