As per our article, please view the document.

Below is a chart indicating the original line item projected costs, the revised numbers and the variances in dollar amounts and percentages.

ITEM PROJECTED PRICE REVISED VARIANCE PERCENTAGE REASON
Clubhouse & Parking
4,000 sq ft clubhouse $1,200,000 $2,200,000 – $2,750,000 $1,000,000 – $1,550,000 83%-129.2% Increase in 1,500 sq ft + sq ft price
Relocate Existing Pro Shop $200,000 $200,000 0 0
Clubhouse furniture,Fixtures & Equip. $144,000 $144,000 0 0
Pro-Shop Improvements $200,000 $200,000 0 0
Cart Barn Improvements $100,000 $100,000 0 0
Clubhouse Site work $864,000 $1,300,000 – $436,000 50.5% Original amount for landscape, irrigation, lighting, parking, etc.; Revised amt for park lot & lift station
SUB-TOTAL $2,708,000 $4,694,000 – $1,986,000 73.3% Variance $1,550,000 used in total calculation
Golf Course Improvements
Executive 9 & Practice
Facilities $1,550,000 $2,490,000 – $940,000 60.6% $2.3 M spent plus $190,000 in change orders for 9 holes
Replacement Cart Paths $250.000 $305,000 – $55,000 22.0%
Blue & Gold Improve $487,000 $487,000 0 0 Greens/tees & fairways in written budget, Oral presentation by Mr. Abatte on 1/8/19 included cart paths
SUB-TOTAL $2,287,000 $3,282,000 – $ -995,000 43.5%
Removal of Exotics $500,000 $500,000 0 0
TOTAL 5,495,000 $8,476,000 $2,981,000 54.2%

 

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