July 2022 General Manager's Report on Ongoing Projects and Budget Analysis

General Managers Report July 2022 ONGOING/UPCOMING DV PROJECTS: Pool renovation (ONGOING). Dredging around the lift pump intake and area at south end of lake (ONGOING) Establish a by-laws committee to review and recommend updates. (ONGOING) Revitalize the various committees for community areas and increase involvement. (ONGOING) Establish a compliance committee to review rules and regulations and create an enforcement process and identify a structure for fines. (Final phase) Marina renovation (ON HOLD PENDING COMPLETION OF POOL) Conversion of burn pile area to storage lot (ON HOLD PENDING BUDGET) ARPA Funding/Sewer Upgrades (surveyors on site awaiting bid process). LONG RANGE PLANNING: Identify expanded RV/Trailer storage possibilities. Transition of the water utility to Meade County. (ON HOLD, PURSUING OTHER POTENTIAL OPTIONS) Road Trust Fund/Road Management Plan. Establish a Lake Trust Fund to facilitate cleanup, dredging, dam maintenance, spillway repairs, etc. Complete

General Managers Report July 2022 FY21 FY22 FY23 Admin Budgeted Actual Budgeted Projected Budgeted Income $1,421,900.00 $1,520,000 $1,493,400.00 $1,546,400.00 $1,543,679.88 Payroll expense $244,800.00 $251,633.32 $251,674.00 $255,500.00 $276,788.30 Operating expense Capitol expenditures $221,600.00 $238,834.00 $241,136.00 $186,000.00 $212,664.79 $0.00 $0.00 $0.00 $1,029,523.68 Profit/Loss $1,104,900.00 $1,054,226.79 Administration: FY22 Increased income. New home built Payroll over budget. Six weeks transition between GMs Operating expenses projected to be under budget $50,000 FY22 operating expense includes repairs to gates and vehicle after gate incidents New cameras installed to verify vehicle incidents. Projected FY23 income based on no dues increases. FY23 payroll increase pay raises and 1 additional FT office employee

General Managers Report July 2022 Security FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Payroll $277,177.00 $247,177.50 $260,355.83 $297,600.00 $325,900.00 Security: Projecting $53K over FY22 budget due to increase in personnel Requesting $326K for FY23 budget to maintain 8 personnel per 24 hour shift Increasing number of vehicle accidents at the gates East beach bathrooms opened Residential checks DVA Facility checks Open construction gates Booking of campground sites Collect money from people in the campground Open gate 3 for special events Visitors log

General Managers Report July 2022 Maintenance FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Payroll $188,540.00 $171,768.61 $199,202.50 $198,000.00 $246,000.00 operating expenses $105,386.00 $105,236.00 $105,936.00 $144,000.00 $135,550.00 Maintenance: Two months behind on work orders Projecting $45K over FY22 budget (fuel, lumber, building maintenance) Projecting FY23 payroll increase for adding one new employee and pay raises Duties: Mowing Yard repairs after sewer and water line repairs Repairs at all facilities Animal removal along the roads Plowing Trash pickup / police call along Doe Valley Parkway Equipment repair

General Managers Report July 2022 Water FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Income $573,050.00 $588,092.00 $646,600.00 $644,800.00 $636,000.00 Payroll $88,450.00 $89,652.00 $104,617.00 $109,500.00 $132,250.00 Operating expense $455,000.00 $452,692.00 $498,850.00 $432,000.00 $432,000.00 Captol expenditures $6,500.00 $13,093.00 $7,500.00 $14,812.00 $14,000.00 Profit/Loss $32,655.00 $52,488.00 $57,750.00 Water: Projecting $52,855K surplus for FY22 barring no more water main leaks Payroll over budget overtime to repair water main at Cedar Point Water #2 in final stages of repair Awaiting parts for six out of service Fire hydrants. None of the six hydrants are fire rated.

General Managers Report July 2022 Sewer FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted income $323,498.00 $327,916.00 $329,992.00 $330,000.00 $315,000.00 payroll $88,450.00 $89,652.00 $104,617.00 $109,500.00 $132,250.00 Operating expenses $225,750.00 $211,262.00 $234,250.00 $350,000.00 $346,980.00 Profit/Loss $27,002.00 -$120,500.00 -$164,230.00 Sewers: Projecting FY22 deficit of $119.5K hiring outside contractor to assist with utility work, lack of proper equipment, and Personnel. FY23 will income lower than for FY22 fewer lot sale hook up fees availability fees FY23 Payroll increase pay raises and adding one additional person.

General Managers Report July 2022 FY21 FY22 FY23 Marina Budgeted Actual Budgeted Projected Budgeted Income $98,960.00 $96,299.66 $96,960.00 $93,000.00 $94,150.00 Cost of goods sold $15,900.00 $11,374.00 $12,650.00 $15,000.00 $15,000.00 Payroll $42,545.00 $18,879.00 $18,536.00 $17,500.00 $27,495.00 Operating expense $29,510.00 $35,815.00 $32,935.00 $29,400.00 $38,100.00 Profit/Loss $30,231.66 $31,100.00 $13,555.00 Marina: Projecting $5K increased income over FY22 budget ($92K) Planning to add new merchandise to store and kayak rentals Projecting payroll increase for additional employee to cover volunteer work Update Marina: Docks are an eyesore and in need of major repair Each year we wait we are losing money

General Managers Report July 2022 Recreations FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Income $10,500.00 $7,571.00 $10,500.00 $9,622.00 $7,000.00 Payroll $26,779.25 $23,117.40 $22,818.25 $20,500.00 $42,640.00 operating expenses $51,669.00 $41,359.00 $55,770.00 $50,000.00 $50,000.00 Profit/Loss -$56,905.40 -$60,878.00 -$85,640.00 Recreations: Projecting 7 lifeguards (total $42.6K in FY 23) 2 for each beach 3 at DV pool Monitor swimming areas Monitor activities Clean up after the geese Added sense of security Maintain the bathrooms

General Managers Report July 2022 Day Camp FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted income $39,620.00 $57,634.00 $71,312.00 $90,000.00 $102,410.00 Payroll $33,382.00 $46,787.00 $44,354.00 $53,400.00 $65,751.00 Operating expenses $5,712.94 $16,092.00 $22,475.00 $32,000.00 $30,625.00 Profit/Loss -$5,245.00 $4,600.00 $6,034.00 Well run program that will have a modest profit that is being put back into programs for next year.

General Managers Report July 2022 Golf Course FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Income $530,750.00 $566,300.00 $418,650.00 $379,456.00 $479,500.00 cost of good sold $24,000.00 $19,939.00 $18,000.00 $13,000.00 $12,000.00 Payroll $238,300.00 $304,058.00 $321,275.00 $239,500.00 $297,600.00 Operating expenses $246,211.00 $330,102.00 $281,996.00 $263,000.00 $308,023.00 Profit/Loss -$87,799.00 -$136,044.00 -$138,123.00 Golf Course: Budgeted Deficit of $184,639; Projecting FY22 deficit of $136K New merchandise just arrived that was ordered in January Divers pay included in payroll -$57,000 No longer tracking lake income from Monument as income for the golf course New pumps and sprinkler heads to maintain the course Increase in rates for FY23 by no more than $5 per round.

General Managers Report July 2022 19th Hole FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Income $48,000.00 $104,422.51 $136,000.00 $267,000.00 $313,000.00 Cost of goods sold $36,000.00 $57,298.00 $75,500.00 $112,000.00 $122,000.00 payroll $47,654.00 $74,094.00 $82,010.75 $138,000.00 $133,000.00 Operating expenses $0.00 $21,237.56 $31,258.00 $58,000.00 $48,000.00 Profit/Loss -$48,207.05 -$41,000.00 $10,000.00 19th Hole: Met FY22 annual income expectation in June. FY22 budgeted loss of $52,768. projected loss of $41,000. Several building repairs and new ice machine to accommodate patrons FY23 budget projecting a $10K profit after expenses paid FY23 Food service payroll of no more than 40% of total food and bar sales. Payroll will be adjusted quarterly

General Managers Report July 2022 FY21 FY22 FY23 S&T Club Budgeted Actual Budgeted Projected Budgeted Income $304,000.00 $251,401.00 $252,500.00 $308,000.00 $388,950.00 Cost of good sold $120,300.00 $118,944.00 $109,000.00 $136,000.00 $144,000.00 payroll $250,445.00 $261,414.00 $275,405.38 $300,000.00 $218,321.00 Operating cost $140,996.00 $132,693.00 $129,762.00 $148,000.00 $103,792 Profit/Loss -$261,650.00 -$276,000.00 --$103,792 Swim and Tennis Club: Projecting $276K deficit in FY22 Reducing service staff and cooks after crowd starts to die down Shut down Sunday brunch. $130 in sales $800 to operate. Instead they will open Sunday afternoons for football Increase venues Comedy night, karaoke, trivia, and dances

General Managers Report July 2022 Swim and Tennis Club (Cont.) Years of neglect necessitates major building repair efforts to reduce energy costs $2500 electric bill in July New doors and seals around walk-in refrigerators and freezers. Phone bill -$5412 annually exploring other options New table tops instead of linen Save $10,000 a year Stream line services to reduce operating cost. New Roof FY23. Deck repaired FY24

General Managers Report July 2022 Campground FY21 FY22 FY23 Budgeted Actual Budgeted Projected Budgeted Income $16,250.00 $21,970.00 $16,250.00 $17,200.00 $18,000.00 Operating expenses $11,866.00 $11,413.00 $12,941.00 $16,400.00 $16,000.00 Profit/Loss $10,557.00 $800.00 $2,000.00 Campground is self sustaining thanks to a few volunteers.

General Managers Report July 2022 Chart Title ADMIN $35.89 Security $24.06 Maint $27.64 Water $-4.24 Sewer $ 9.74 Marina $-2.51 Recreations $ 4.92 Day Camp $-0.37 Golf Course $11.00 Camp Grnd $-0.06 S & T $22.31 40000 35000 30000 25000 20000 15000 10000 5000 0 -5000 Total $128.38 Series1 Series2 Series3

General Managers Report Proposal 2023 Chart Title 45000 Admin Security $26.34 Maint Water Sewer Marina $-1.10 Rec DC GC 19th Hole $-0.81 CG S & T $39.56 40000 $30.84 $-4.67 $13.27 35000 30000 25000 $ 6.92 $-0.49 $11.16 20000 15000 $-0.16 $ 8.39 10000 5000 Total $138.62 0 -5000 Series1 Series2 Series3

General Managers Report July 2022 Payroll increase +1 Maintenance +1 Water and Sewer +1 Main office $239,028,804 $19.20/month Vehicle s in poor condition Dump truck (poor) 2003 F250 (frame rusted through Kia over 300,000 miles (poor) $90,000 $7.50/month $40,000 $3.33/month $40,000 $3.33/month Fleet vehicle are less expensive than normal cost, but manufacturer will Not finance Fleet vehicles. Attempt to get loans on vehicles with local bank Roughly $200/month for every $10,000 borrowed. This will place our vehicles on Five-year replacement. Move us away from expensive repairs and provide trade in value. $3.40/month

General Managers Report July 2022 Card reader for Fuel tank this will provide more accurate records of where fuel is being used. It will also secure the fuel tank from possible theft. $5000 $0.41 Month Maintenance storage current building being used are in poor condition Maintenance barn it sued for storing equipment, salt and building supplies. Building is missing several side boards and leaning 50X100 to replace current building Utility storage for pump, pipes, and other equipment- Utilities is currently using a delapitated building behind the office that is about to fall down and the old water plant in poor condition. 40x40 storage unit $40,000 $65,000 $5.42/Month $3.33/Month CCTV outpost system inspects sewer systems for damage, roots, and blockages. Reduces time spent on location and repair of damaged pipeline. Immediate locate and Repair instead of waiting on contractors. $147,000 on contractors this year to do the same work. $75,000 $6.25/month

General Managers Report July 2022 Sewer/water Mini excavator $45,000 $3.75/month Golf Course Golf Course sprayer $30,000 $2.50/Month Sprinkler heads $3000 $0.25/month