Golf Course	Golf Course	Golf Course
	FY2005	FY2006	FY2006
	Department	Proposed	Proposed
	Estimate	Budget	Budget
Gross Revenue
Direct Operating Expenses	$        885,952	$        1,133,229	########
	$        658,621	$          766,207	########
Net Revenue available for debt service	$        227,331	$          367,022	########
Next Year's Debt Service
Principal	$          90,000	$          160,400	########
Interest	$        111,380	$          166,600	########
Total Debt Service	$        201,380	$          327,000	########
Net Revenue as a % of Debt Service	112.89%	112.24%	136.02%
Bond Requirements (%)	100%	100%	110%
Bond Requirements ($)	$        201,380	$          327,000	########
Excess/(Shortfall) in Projected Debt
Service Coverage	$          25,952	$            40,022	########