summary operating statement problem HBM491.xls - ACTUAL BUDGET $6,872,809.84 $1,792,197.77 $90,893.66 $126,166.80 $46,205.33 $119,208.08 $7,101,609.19

summary operating statement problem HBM491.xls - ACTUAL...

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ACTUAL BUDGET Revenues: Rooms $6,872,809.84 $7,101,609.19 Food $1,792,197.77 $2,026,807.23 Beverage $90,893.66 $96,693.04 Telephone $126,166.80 $135,312.81 Other Operated Departments $46,205.33 $45,641.21 Rentals and Other Income $119,208.08 $138,621.36 Total Revenues: $9,047,481.48 $9,544,684.84 Departmental Costs and Expenses: Rooms $1,520,907.59 $1,722,623.33 Food $1,602,086.49 $1,840,329.75 Beverage $44,762.75 $46,306.94 Telephone $82,958.28 $71,097.00 Other Operated Departments $31,881.68 $29,666.79 Rentals and Other Income - - Total Costs and Expenses: $3,282,596.79 $3,710,023.81 Total Operated Departmental Income: $5,764,884.69 $5,834,661.03 Undistributed Operating Expenses: Administrative and General $569,410.35 $580,929.13 Marketing $499,581.05 $420,144.34 Property Operation and Maintenance $406,115.14 $532,019.69 Utility Costs $393,874.35 $396,544.24 Total Undistributed Expenses $1,868,980.89 $1,929,637.40 Income before Fixed Charges $3,895,903.80 $3,905,023.63 Fixed Charges: Management Fees $341,630.02 $299,636.59 Property Taxes and Other Municipal Charges $316,850.06 $338,933.28 Insurance $51,808.30 $62,140.25 Total Property Taxes and Insurance: $710,288.38 $700,710.12 Net Operating Income $3,185,615.42 $3,204,313.51 Actual Budget Rooms Occupied 102,100 114,037 Rooms Available 143,445
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($228,799.35) -3.22% 75.96% 74.40% $47.91 $49.51 $67.31 $62.27 ($234,609.46) -11.58% 19.81% 21.23% $12.49 $14.13 $17.55 $17.77
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