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1 TOWN OF PAHRUMP RESOLUTION NO. 2021-02 2 A RESOLUTION TO AUGMENT THE 2020-2021 BUDGET OF THE TOWN OF PAHRUMP, COUNTY OF NYE, STATE OF NEVADA 3 4 WHEREAS, certain unanticipated sources of revenue and fund balance previously unbudgeted 5 have become available to the Town of Pahrump during the 2020-2021 budget year as follows: 6 Fund Name Amount 7 25521 Pahrump Lakeview Golf Course Fund 8 Golf Course Fees 20,000 9 Room Tax 60,000 10 TOTAL ALL FUNDS $80,000 NOW, THEREFORE, this board hereby resolves to augment the 2020-2021 Town of Pahrump 1 budget by appropriating the amount referenced above and by making such other budget amendments as 13 have been determined necessary and in accordance with NRS 354.598005. Said budget augmentation and 14 appropriation, as well as budget amendments are reflected on the schedules attached to this resolution 15 and by reference are made a part thereof. 16 17 18 19 20 21 22 23 Abstention: 24 25 0 PASSED, ADOPTED, AND APPROVED the 29th day of June, 2021. NAYES: Absent: Resolutions 202 1-02 Augrnnet the FY 2020-202 1 Budget of Town of Pahrump ---PAGE BREAK--- 1 NYE COUNTY OF AfEST: BOARD FCO T C 2 Debe Sahdra Merlino, Nye County Clerk 3 L1Q7 4 and Ex-Officio Clerk of the Board 5 6 7 8 9 10 11 12 13 14 15 16 18 19 20 21 22 23 24 25 Resolutions 202 1-02 Augmnet the FY 2020-202 1 Budget of Town of Pahrump ---PAGE BREAK--- OPERATING REVENUE: Golf Course Fees OPERATING EXPENSES: Salaries and Wages Employee Benefits Services and Supplies Capital Outlay Bad Debts Denreciation/Amortization Total Operating Expense Operating Income or (Loss) NONOPERATING REVENUES: Room Tax Interest 300,000 15,000 6.500 300,000 14,000 25.000 360,500 (60,500) 60,000 500 20,000 (12,000) (5.5D0 175,000 (14,000) 143,500 (123,500) 60,000 320,000 3,000 1.000 475.000 25,000 504,000 (184,000) 120,000 500 PROPRIETARY FUND REVI I N Golf Course Enterprise FINAL APPROVED S 0 S REVISED BUDGET FYE 06/30/2 1 EYE 6/30/21 Operating Transfers (Schedule Capital Contributions - - - in from Airport RT Fund - - Net Operating Transfers - - - NET INCOME - (63,500) (63,500) Miscellaneous Income Gain from the Sale of Fixed Assets Total Non-operatinp Revenues NON-OPERATING EXPENSES: Total Non-onerating Expenses Net Income (loss) Before Operating Transfers 60.500 60.000 (63,500) 120,500 (63,500) Town of Pahrump SCHEDULE F-i REVENUES, EXPENSES AND NET INCOME FUND - Golf Course Fund - 25521 Page 1 Schedule F-i 25521 - GC Net Income Schd 6/18/2021 - 3:22 PM FORM 4404LGF Last Revised 11/30/2018 ---PAGE BREAK--- FINAL REVISED PROPRIETARY FUND APPROVED EYE REVISIONS BUDGET EYE 06/30/21 6/30/21 A CASH FLOWS FROM OPERATING ACTIVITIES: Cash Received from customers 300,000 Cash paid for salaries & employee benefits (21,500) Cash paid for services and supplies (300,000) 20,000 17,500 (175,000) 320,000 (4,000) (475,000) a. Net cash orovided by (or used forl: operating activities (21.500) (137.500) (159.000) B. CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES: Room Tax 60.000 2.1 Misc Income Operating transfer in - Net 60.000 120.000 b. Net cash provided by (or used for): noncaoital financing activities 60.000 60.000 120.000 C. CASH FLOWS FROM CAPITAL RELATED FINANCING ACTIVITIES: Purchase of fixed assets 14,000 Proceeds from sale of fixed assets (14,000) c. Net cash provided by (or used for): capital and related financing activities 14,000 (14,000) - D. CASH FLOWS FROM INVESTING ACTIVITIES: Interest d. Net cash provided by (or used in): investing activities 500 500 - 500 500 NET INCREASE (DECREASE) in cash 53,000 (91,500) (38500) and cash eciuivalents (a+b+c+d) CASH AND CASH EQUIVALENTS AT JULY 1, 2OXX 639,498 - 639,498 Non - Restricted Cash Restricted Cash CASH AND CASH EQUIVALENTS AT JUNE 30. 2OXX 692.498 (91.500) 600.998 Town of Pahrump SCHEDULE F-2 STATEMENT OF CASH FLOWS FUND - Golf Course - 25521 Page 2 Schedule F-2 25521 - GC Fund Cashflows 6/18/2021 - 3:22 PM FORM 4404LGF Last Revised 11/30/2018