THE FOREST HIGHLANDS ASSOCIATION OPERATING BUDGET 2024
2024
BOARD APPROVED 11.20.23
As of 10/31
%
%
TOTAL
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG SEPT
OCT
NOV
DEC
TOTAL
23 PROJ
23 BUDGET
22 ACTUAL 21 ACTUAL 20 ACTUAL 19 ACTUAL
FOOD & BEVERAGE SERVICE
Expenses Management Salaries Kitchen Hourly wages Dining Hourly wages
01-6300-500 01-6315-500
995,232 82,936 82,936 82,936 82,936 82,936 82,936
82,936 82,936 82,936 82,936 82,936 82,936 995,232
933,478
905,496
860,176
728,725 709,746 638,529 674,982 577,373 489,485
6.6%
9.9%
963,000 18,000 15,000 15,000 26,000 136,000 175,000 183,000 162,000 130,000 60,000 22,000 21,000 963,000 986,277 -2.4% 828,750 16.2% 784,091
01-6310-500 1,022,000 18,000 18,000 26,000 62,000 138,000 172,000 180,000 160,000 130,000 85,000 23,000 10,000 1,022,000 978,043 4.5% 984,400 3.8%
861,899 1,087,804
823,171 364,506
Catering Hourly wages (NEW)
232,900 187,225 50,650
6,500
2,500
4,500 15,500 40,000 33,000
40,000 30,000 27,500 17,250 47,000 31,000 20,000 14,725
3,400 12,750 232,900
284,794 185,622 48,402
276,200 132,600 42,800
278,733 117,160 41,911
*previously included in Dining Hourly
-18.2%
-15.7% 41.2% 18.3%
Snackbar Hourly wages Dinner Valet service
01-6330-500 01-6305-500
0
0
0
1,500 26,000 47,000
0
0 187,225
119,171 118,857
36,455
0.9% 4.6%
550
550
550
1,500
5,750
8,500
10,000
9,000
8,200 5,000
525
525
50,650
29,975
14,762
8,600
Employee Benefits Payroll Taxes Worker's Comp Health Insurance Employee Meals
01-6360-500 01-6370-500 01-6375-500 01-6385-500 01-6380-500 01-6620-500 01-6395-500 01-6510-500 01-6520-500 01-6530-500 01-6540-500 01-6560-500 01-6550-500 01-6590-500
310,591 11,339 10,709 11,609 17,049 38,582 46,659
48,864 42,744 35,877 23,842 11,867 11,449 310,591
301,923 43,204 128,546 49,125 21,555 27,149 280,347 27,492 14,709 85,521 20,179 42,091 60,358 12,029 41,803 57,089 61,238
285,322 39,628 108,945 42,076 23,950 36,100 197,400 27,492 11,700 76,600 22,675 42,576 53,100 10,150 29,000 65,350 62,100
266,756 38,106 111,476 41,167 23,667 47,376 242,470 23,392 10,626 78,803 21,298 43,300 70,262 10,496 31,791 85,387 46,549
261,149 194,425 184,856
2.9% -0.2% 2.4% 0.9% 2.5%
8.9% 8.9%
43,138
1,575
1,487
1,612
2,368
5,359
6,480
6,787
5,937
4,983 3,311
1,648
1,590
43,138
25,309
5,778
30,180 87,148 22,742 19,096 58,539
131,593 13,475 10,738 10,738 10,738 10,738 10,738
10,738 10,738 10,738 10,738 10,738 10,738 131,593
112,234 104,974
20.8% 17.8% -7.7% -16.9%
49,584 22,100 30,000
722 200
722
890
3,450
8,325
8,325 1,500 4,000
8,325 3,000
5,600 1,000
7,500 3,125
1,300
1,300
49,584 22,100 30,000
31,549 22,458
23,232 21,911
Uniforms
0
1,500 1,200
1,500 11,000
1,500
500
0
400
Staff Training/Recruiting H2B Expenses (NEW in 2022)
6,450
8,000
4,500
1,500
250
100
1,500 1,500
1,000
0
168,149 110,224
10.5% -19.7%
225,000 18,750 18,750 18,750 18,750 18,750 18,750
18,750 18,750 18,750 18,750 18,750 18,750 225,000
*previously included in Recruiting
0
Liability Insurance
28,320 15,240 83,400 22,100 43,800 52,500 10,450 38,000
2,360 1,270 5,400 1,500 3,650 2,500
2,360 1,270 5,400 1,200 3,650 2,500
2,360 1,270 5,500 1,300 3,650 6,500 4,500
2,360 1,270 4,500 2,500 3,650 6,500
2,360 1,270
2,360 1,270
2,360 1,270 9,800 3,000 3,650 7,500
2,360 1,270 9,000 2,800 3,650 5,000
2,360 2,360 1,270 1,270 9,000 6,000
2,360 1,270 5,800
2,360 1,270 5,000
28,320 15,240 83,400 22,100 43,800 52,500 10,450 38,000 88,700 51,000
20,554 10,911 67,663 27,182 42,720 40,164
19,531 11,735 70,381 30,049 31,557 34,497 13,481 22,419 22,873
18,314 12,335 77,333 23,710 29,877 40,987 12,051 24,693 59,359 24,355
3.0% 3.6% -2.5% 9.5% 4.1%
3.0%
Telephone
30.3% 8.9% -2.5% 2.9% -1.1% 3.0% 31.0% 35.7% -17.9% -29.3% 52.4% -23.8%
Utilities
8,000 10,000
Office Supplies
3,800 3,650 6,500 1,000 2,250
4,000 3,650 6,500 2,000 5,700
1,000
500
250
250
Contracts
3,650 3,650 4,500 1,500
3,650 1,500
3,650 1,500
Repair & Maintenance Banquet Equipment
-13.0% -13.1% -9.1% 55.4% -16.7%
200 300
500
750 800
500
500
500
0
0
0
8,848
Travel, Entertainment & Promo 01-6600-500
9,100
600 600
4,100 2,500
5,700 2,750 3,500
2,500 3,650 8,000 3,000
2,500 1,050
800
20,196 63,924 54,061
Entertainment/Decorations
01-6625-500 01-6650-500 01-6655-500 01-6660-500 01-6675-500 01-6700-500 01-6710-500 01-6720-500 01-6730-500 01-6745-500 01-6750-500 01-6740-500 01-6680-500 01-6780-500
88,700 10,500
250
8,300
7,500 36,000
8,250 1,200
Rental Equipment Vehicle Expenses Licenses & Fees Dues & Subscriptions
51,000
1,000
0
0
2,000 35,000 50,000 (48,000)
5,500
800 250
0
9,940 1,968 7,731
2,025 9,155 9,605
300
200 525
200 300 555
100 935 420
225
100 685 290
200 960 290
125
100 700 525
100
125
2,025 9,155 9,605
2,176 8,160 8,152
2,865 6,007
2,782 6,392
2,534 4,843
2,539 4,309
-6.9%
2,700
1,350 1,700
1,000 2,705
0
0
0
12.2% 17.8%
380
1,325
525
690
200
12,600
13,489
10,045
10,106
10,210
Miscellaneous
0
0 0
0 0
0
0
0
0
0
0
0 0
0 0
0 0
0 0
0
1,144 -100.0%
0 #DIV/0!
(108)
184
258
1,590
China, Glass & Silver
24,500 73,250 20,200
6,000
5,000
4,000
4,500
2,500
2,500 8,500 2,500
24,500 73,250 20,200
27,908 67,940 20,601
27,500 97,800 27,500 11,350
27,713 109,621 26,847 11,621
26,802 78,685 24,570
8,150
19,936 55,707 21,483 11,515
-12.2% 7.8% -1.9% -3.4% -4.9% 28.5% -0.3%
-10.9% -25.1% -26.5% -28.2%
Paper Products
350 900
1,400
600 975
2,900 11,250 15,250
19,000
5,000 6,500 1,400 2,000
2,000
500 100
97,894 16,864
Kitchen/Dining Supplies Kitchen Small Wares
325
3,500 1,900
2,500 3,800
3,000 1,300
2,500
500
8,150
0 0
0 0 0 0
0 0 0
250
150
500
250
0 0
0 0
8,150
8,434
9,392
4,328
Cigar Expense Cleaning Supply
0
0
0
0
0
0
0
0
0
0
0 #DIV/0!
170
-
0
0
16,875
325
500
1,800
2,800
4,250
1,500
5,000
250
300
150 350
16,875
17,741
17,475
16,868
12,164
6,393
9,215
-3.4% 0.0% 1.4%
Use Tax
545
0
150
0
0
25
0
0
0
0
20
545
424
545
196
402
118
390
Linen Service
71,500
2,400
2,000
2,300
1,400
8,200 12,000
12,000 10,000 11,000 5,500
2,700
2,000
71,500
71,720
70,500
71,240
70,142
45,297
72,168
Total Operating Costs:
4,932,328 214,532 201,397 212,645 297,076 629,094 776,319 668,280 625,315 541,989 364,682 201,855 199,143 4,932,328 4,925,374
0.1% 4,578,552
4,423,723 3,857,491
3,170,023 2,472,210
7.7%
Net Income (Loss)
(2,821,730) (172,893) (174,923) (184,172) (221,939) (388,093) (355,000)
(187,796) (345,257) (272,159) (237,390) (164,626) (117,481) (2,821,730) (2,846,965)
-0.9% (2,640,418)
(2,472,947) (2,017,522) (2,196,402) (1,166,307)
6.9%
Page 2
Powered by FlippingBook