Riverside Park Golf Course -
Pro Forma Schedule
FY2022 Adopted Budget
Pro Forma Schedule of Working Capital Position
Fiscal Year 2020-21 beginning Amended Budget is adjusted for actual audited amounts, encumbrances, and Council approved budget amendments.
- Any discrepancy between Total Revenue and Total Expenses will be funded with Working Capital (excess amount over the minimum Working Capital requirement).
Pro Forma Working Capital Schedules
- The actual ending working capital balance for FY2020 is $430,752, which represents a 6-month reserve for FY2020 actual expenses.
- The projected ending working capital balance for FY2021 is $692,749, which represents an 8-month reserve for FY2021 projected expenses.
- The original ending working capital balance for FY2022 is $933,617, which represents a 10-month reserve for FY2022 budgeted expenses.
Revenues vs Expenses
Recurring vs One-Time
Revenues by Classification
- Golf Sales are increasing due to an increase in memberships and usage by non-members.
- Beer, Food, Merchandise, and Non-alcoholic sales are increasing due to an increase in players at the golf course.
- Capital Replacement Surcharges are increasing due to an increase in rounds played.
Expenses by Classification
Expenses by Cost Center
See Riverside Golf Course page for more details on expenses.