Henry County Board of Commissioners
Cotton Fields Financials 2011
Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11  Totals 11 
 Income 
        401  Sales - Green Fees     16,088.36    32,983.46    38,730.56     62,626.19      80,558.45     67,273.07     63,048.09     61,163.66     422,471.84
        402  Sales - Cart Rental           598.96          422.93          376.51           325.53        1,979.49           331.78           674.30           563.73          5,273.23
        403  Sales - Pro Shop           493.04      1,943.31      3,318.94        3,601.71        3,656.41        4,197.17        3,363.68        3,387.59        23,961.85
        404  Sales - Grill Sales       1,624.44      4,077.65      6,057.42     10,185.50      12,817.24     12,079.62     11,301.64     15,557.74        73,701.25
        405  Sales - Driving Range Fees       1,503.06      2,732.74      2,965.01        3,954.79        3,653.01        3,309.07        2,902.70        3,131.61        24,151.99
        407  Pavillion Rental Income           400.00      1,475.00          750.00        1,825.00          (145.00)        2,310.00           479.75        2,050.00          9,144.75
        485  Over/Short                    -                     -                     -             (19.00)                 3.63                     -           (102.39)                0.65           (117.11)
 Total Income     20,707.86    43,635.09    52,198.44     82,499.72    102,523.23     89,500.71     81,667.77     85,854.98     422,471.84
 Cost of Goods Sold 
        500  COS - Pro Shop             38.24      1,807.46       (211.80)        3,531.66        4,863.45        3,785.42        1,150.80        4,398.83        19,364.06
        501  COS - Grill Purchase           994.99      2,094.46      2,449.10        4,543.79        3,485.94        5,999.67        3,345.70        3,660.47        26,574.12
        502  COS - Labor Grill                    -                     -                     -                       -                       -                       -                       -                       -                         -  
        505  COS - Grounds Keepers                    -                     -                     -                       -                       -                       -                       -                       -                         -  
 Total COS       1,033.23      3,901.92      2,237.30        8,075.45        8,349.39        9,785.09        4,496.50        8,059.30        45,938.18
 Gross Profit     19,674.63    39,733.17    49,961.14     74,424.27      94,173.84     79,715.62     77,171.27     77,795.68     512,649.62
 Expenses 
 Reconcilliation Discrepancies                    -                     -                     -                       -                   0.10                     -                       -                       -                    0.10
        600  Advertising                    -                     -                     -             275.00                     -                       -             350.00              625.00
        616  Bad Debt                    -                     -                     -                       -                       -                       -          2,538.00     (2,538.00)                       -  
        620  Bank Charges                    -                     -                5.37              22.69              48.34              65.53              51.22              73.02              266.17
        636  Contract Services                    -              75.00          245.00                     -                       -                75.00              75.00           125.00              595.00
        638  Credit Card Fee           398.84          862.48          622.26           752.83        1,247.58        1,496.24        1,227.86        1,553.54          8,161.63
        648  Dues & Subscriptions             90.61       (100.00)                   -                       -                       -                  0.00           321.00                     -                311.61
        656  Employee Morale                    -                     -                     -                       -                       -                       -                       -                       -                         -  
6560  Payroll Expense     15,380.58    16,532.02    28,135.50     24,965.32      26,472.90     26,873.50     28,702.58     25,813.70     192,876.10
        660  Fuel/Oil - Grounds Equipment                    -        1,590.81                   -          1,996.96        1,810.13        1,318.20        1,578.22        1,937.99        10,232.31
    668.1  Insurance - Prop and Casualty       1,527.66                   -            753.83           734.25            734.25           937.61        1,584.58                     -            6,272.18
        676  Licenses & Permits                    -                     -                     -                       -          1,614.46        1,131.62                     -                       -            2,746.08
 Insurance - Workers Comp           120.00            40.00                   -                       -                       -                       -                       -                       -                160.00
        678  Maint & Repairs - Building       4,356.16          240.00                   -          1,102.00            240.00                     -          1,144.60           125.00          7,207.76
        679  Maint & Repairs - Grounds/Equip                    -        7,137.59      6,598.60     13,368.57      18,146.51        4,442.71        6,158.59     18,129.51        73,982.08
        680  Maint & Repairs - Golf Carts                    -                     -        9,068.68           710.05        4,267.76        6,299.09        2,523.31        4,171.59        27,040.48
        682  Janitorial & Cleaning                    -                     -                     -                       -                       -                       -                       -                       -                         -  
        686  Meetings and Seminars                    -                     -                     -                       -                       -                       -                       -                       -                         -  
        690  Office Expense and Supplies                    -            164.38          185.00                     -              235.99           123.39           105.66              62.04              876.46
        694  Postage Expense                    -                     -                     -                       -                       -                       -                       -                       -                         -  
        707  Rent - Equipemnt                      -                       -                       -                       -                       -                         -  
        722  Security Expense             30.00            38.00            30.00              30.00              30.00              30.00              30.00              30.00              248.00
        730  Supplies           100.00          184.13                   -             509.05            202.74           183.88           338.92           190.86          1,709.58
    738.6  Taxes - Other                    -                     -                     -                       -        (4,134.12)                     -                       -                       -          (4,134.12)
    742.1  Telephone Reg Services           931.24          347.11          303.03           306.04            867.79           513.06           312.39           305.23          3,885.89
        754  Utilities       4,776.17      6,138.86      4,402.25        5,725.84        7,039.91        7,394.55        5,339.00        7,166.99        47,983.57
 Total Expenses     27,711.26    33,250.38    50,349.52     50,498.60      58,824.24     50,884.38     52,030.93     57,496.47     381,045.78
 Net Ordinary Income     (8,036.63)      6,482.79       (388.38)     23,925.67      35,349.60     28,831.24     25,140.34     20,299.21     131,603.84
 Other Income/Expenses 
  803.00  Henry County - Month end check                    -                     -                     -     (20,527.82)    (24,654.98)   (28,236.02)   (28,185.42)   (16,900.17)   (118,504.41)
  810.00  Sales Tax Commission           129.36            45.47            80.59                     -              103.22           110.93           105.59           103.44              678.60
 Total Other Income           129.36            45.47            80.59   (20,527.82)    (24,551.76)   (28,125.09)   (28,079.83)   (16,796.73)   (117,825.81)
Net Income    (7,907.27)      6,528.26       (307.79)        3,397.85      10,797.84           706.15     (2,939.49)        3,502.48        13,778.03