University Park Recreation District
FY 2026 Adopted Enterprise Fund Budget

SUMMARY INCOME STATEMENT	2026	2026	Changes	
FISCAL YEARS ENDING SEPTEMBER 30	Proposed	Adopted		
COUNTRY CLUB OPERATIONS:				
REVENUE:				
MEMBERSHIP DUES	6,741,839	6,724,088	(17,751)	
GOLF OPERATIONS	3,858,978	3,759,858	(99,120)	
RACQUETS & FITNESS CENTRE	262,870	226,050	(36,820)	
DINING INCOME	3,119,770	3,135,420	15,650	
OTHER INCOME	5,480	5,480	-	
TOTAL REVENUE	13,988,937	13,850,896	(138,041)	
EXPENSES:				
PAYROLL & RELATED:				
GOLF OPERATIONS	845,011	856,026	11,015	
RACQUETS & FITNESS CENTRE	386,008	386,008	-	
DINING	2,458,247	2,435,666	(22,581)	
GOLF COURSE MAINTENANCE	2,178,302	2,068,992	(109,310)	
GENERAL & ADMINISTRATIVE	1,849,961	1,834,071	(15,889)	
TOT PAYROLL & RELATED	7,717,529	7,580,764	(136,765)	
DIRECT EXPENSES:				
GOLF OPERATIONS	1,037,302	1,018,068	(19,233)	
RACQUETS & FITNESS CENTRE	336,729	310,185	(26,544)	
DINING CGS	1,300,015	1,306,757	6,742	
DINING OPER EXP	782,785	782,785	-	
GOLF COURSE MAINTENANCE	1,530,167	1,566,167	36,000	
GENERAL & ADMIN	493,443	493,443	-	
PROPERTY INSURANCE	390,000	390,000	-	
TOTAL DIRECT EXPENSES	5,870,441	5,867,405	(3,036)	
OPERATING INCOME/(LOSS)	400,967	402,726	1,759	

CAPITAL ALLOCATION:	
INITIATION FEES	510,800	510,800	-	
CAPITAL ALLOCATION- GOLF OPS	252,057	248,670	(3,387)	
CAPITAL DUES	412,695	414,769	2,074	
TOTAL CAPITAL ALLOCATION	1,175,552	1,174,239	(1,313)