Whistle Stop Loyalty Points - Cost Centers

The Board has made a considerable effort to maintain the monthly assessment. As a Business we look at at all costs and expenses and their impact on assessments and the community. When looking at restaurant costs and revenue we identified that increases in food and labor costs need to be considered. Although the Restaurant is open to the public and all residents in the Park, the Shareholders are financially responsible for the debt and maintenance of the Restaurant. Effective the end of December the process of accruing Loyalty Points will end. and all outstanding Points will be used by the end of February. The Point System is open to all residents and members of the public that sign up for the benefit. We currently have 14,000 Loyalty Accounts in the system. The over all cost savings are estimated at $6,000 annually. We have reduced overtime in the restaurant by 95% by modifying work schedules. You may have noticed that on many days there is only one special. Our Restaurant Manager recommended that by going to one special a day will reduce inventory waste and costs. Our alcohol vendors have increased their product cost. As a result we were forced to increase drink costs (excluding wine) by$.25. The Board is committed to not increasing cost of menu items. The Golf Course is raising it prices per player $5.00. The Board will continue to look at all cost centers and ways to increase revenue and reduce costs.