Catering Budget Report

The management of the restaurant is prepared the budget for the year of 2019/2020 for the
Catering and special events. We are prepared the budget based on the revenue and expenses in
the year of 2019. There are some changes which are made to achieve greater success in our
Catering and special events. Therefore, following included changes of the budget comparing
with the previous year;

The following changes are impact to the Kitchen staff of the catering and head chef. The catering
manager should responsible to achieve following results through the catering staff. Because
biggest contribution given by the food and beverage sale of the catering. Therefore, catering staff
and head chef should work hard and perform their best level to achieve this performance.

 It is predicted that catering and special events will have an approximate increase of 4.4%
in food sales for the financial year.
 Beverage sales and costs are expected to increase by 2.35% for the financial year.
 Sales are spread evenly through all the quarters in a year.
 Based on GDP it is expected food costs will rise by an average of 3% for the financial
year.
 There is also a new Alcohol beverage excise that comes into effect as of the 1st June
20YY of 5% of beverage sales.

The following changes are impact to the expenses of the catering. Therefore, financial manager
should have responsibility to allocate money for following area and the relevant officer should
maintain document regarding the changes of the payments.

 From 1st January 2020 rent on the function center will rise by 5%.
 Party hire equipment are also increasing their prices by an average of 3.25% as of the 1st
January.
 Wages are expected to increase by 1.25% as of July 1st 20YY
 Due to the new carbon tax gas and electricity prices will rise by 6.25% for the financial
year.