RICHARDS BAY COUNTRY CLUB 2009 BUDGET Vs ACTUAL
	BUDGET	ACTUAL		2008
Members	520	498		466
Golfers	325	304		306
Golf Rounds	18,600	16,200		15650
INCOME	BUDGET	ACTUAL	VAR	%age
UNDER BUDGET
Green Fees	1,452,184	1,329,050	123,134	8%
Beverage	577,500	442,909	134,591	23%
Meat competition	29,700	25,931	3,769	13%
Championships/auction	13,200	-3,149	16,349	124%
Fundraising	5,500	407	5,093	93%
Sundry Income	35,650	30,593	5,057	14%
TOTAL UNDER BUDGET			287,993
INCOME	BUDGET	ACTUAL	VAR	%age
OVER BUDGET
Municipality	396,660	409,752	-13,092	-3%
Food
JOSBEN	69,000	93,103	-24,103	-35%
Halfway House Income	0	40,710	-40,710		New Business excludes labour costs
KZNGU -R200	32,716	51,492	-18,776	-57%
ZGU-R70*10%	11,070	19,333	-8,263	-75%
Handicap Affiliation-R115*1.1	19,142	32,182	-13,040	-68%	Poor Budgetting
KZNGU -Non members	0	6,127	-6,127
Fundraising	550	650	-100	-18%
Advertising T-Boxes	0	31,579	-31,579
Advertising Boards/Course	36,000	53,858	-17,858	-50%
Carts Income	0	79,645	-79,645		New Business excludes labour costs
Competitions	26,400	40,406	-14,006	-53%
Wednesday leaque	9,900	12,725	-2,825	-29%
Hole in one (R1/1.14 )	4,950	5,570	-620	-13%	Poor Budgetting
Natal interclub (R4/1.14)	18,700	27,190	-8,490	-45%
Club Championships (R1/1.14)	0	7,175	-7,175
Nkwazi	28,724	52,724	-24,000	-84%
TOTAL OVER BUDGET			-310,409
TOTAL INCOME	3,652,278	3,660,359	-8,081	0%
EXPENSES	BUDGET	ACTUAL	VAR	%age
SAVINGS
Course Maintenance	1,282,431	1,252,299	30,132	2%
Casual wages	39,900	32,343	7,557	19%
staff functions	6,600	5,699	901	14%
Staff training	16,500	557	15,943	97%
Staff welfare	18,700	4,875	13,825	74%
Bad debt	3,850	887	2,963	77%
Wednesday leaque	4,400	3,750	650	15%
Hole in one expenses	4,400	2,351	2,049	47%
Natal Interclub
Ladies	4,400	263	4,137	94%
Computer expense	16,500	11,852	4,648	28%
Courier & postage	2,850	684	2,166	76%
Depreciation	270,588	248,001	22,587	8%
Electricity & water	211,792	160,957	50,835	24%	Poor Budgetting
Entertainment	3,300	1,112	2,188	66%
Happy hour expense	2,200	481	1,719	78%
Interest paid	88,800	68,190	20,610	23%	Purchase of greenkeeping equipment
Legal fees	1,100	541	559	51%
Pest control	6,600	0	6,600	100%
Printing & stationery	41,800	21,793	20,007	48%	See Telephone and fax costs
Repairs & maintenance
-equipment	18,700	15,168	3,532	19%
-surroundings	15,840	640	15,200	96%
Uniforms	10,010	2,224	7,786	78%
TOTAL SAVINGS			236,594
OVER EXPENDITURE	BUDGET	ACTUAL	VAR	%age
General	0	10,650	-10,650
Salaries/wages/OT/bonus	447,094	543,274	-96,180	-22%	Poor budgeting and additional labour
Bonus	32,485	36,907	-4,422	-14%	costs for halfway and Pro shop
Accounting/Audit	60,500	99,398	-38,898	-64%	Poor Budgetting
Advertising/Promotions	6,600	14,228	-7,628	-116%
KZNGU -R200	32,770	40,770	-8,000	-24%
ZGU-R70*10%	11,070	14,884	-3,814	-34%
Handicap Affiliation-R115*1.1	19,142	28,665	-9,523	-50%
Cleaning	59,400	69,920	-10,520	-18%	Poor Budgetting
Comp. Expense & pro	0	5,000	-5,000
Competitions	25,300	41,460	-16,160	-64%
Meat competition	16,500	18,549	-2,049	-12%
Natal Interclub
Men	4,400	10,919	-6,519	-148%
Discount allowed	0	1,740	-1,740
Health & hygiene	7,700	8,908	-1,208	-16%
Leasing charges	26,467	29,829	-3,362	-13%
Levies	0	10,500	-10,500		GERRY
Loss of sale of assets	0	21,779	-21,779		GERRY
Meeting expenses	9,240	14,232	-4,992	-54%
Repairs & maintenance
-buildings	58,300	122,562	-64,262	-110%	GERRY
Subscriptions	3,300	6,614	-3,314	-100%
Sundry expenses	1,100	2,572	-1,472	-134%
Telephone & fax	37,950	64,374	-26,424	-70%	See Printing and stationery
Travelling/accom	4,950	5,676	-726	-15%
			-359,142
TOTAL EXPENSE	3,659,202	3,760,995	-101,793	-3%