CoLab Resort Real Estate · Budget Report
2026 Budget Report
CDA National Reserve · Project Code CDA-2026 · Budget Period Jan 1 – Dec 31, 2026 · Coeur d'Alene, ID
Total Approved Budget
$1,220,930
Incl. 5% contingency
YTD Actual (Jan–Jul 30)
$630,863
Excl. contingency
Forecast Cost to Complete
$941,211
Full-year estimate
Forecast Variance
-$221,579
Under original budget
Approved. This reflects the reconciled year-to-date actuals through July 30, 2026, along with a full-year forecast based on current spend trends. The forecast estimates the project finishing approximately $221,579 under the original approved budget.
| Code | Category | Budget | YTD Actual | Remaining | % Used | Flags |
|---|---|---|---|---|---|---|
| 100 | Creative, Branding & PR | $174,000 | $162,028 | $11,972 | 93.1% | Over 90% used |
| 200 | Photography & Videography | $35,500 | $17,224 | $18,276 | 48.5% | |
| 300 | Marketing Assets & Collateral | $139,000 | $58,785 | $80,215 | 42.3% | |
| 400 | Media and Digital Marketing | $290,290 | $138,932 | $151,358 | 47.9% | |
| 500 | Direct Marketing & Promotions | $10,000 | $0 | $10,000 | 0% | |
| 600 | Events & Entertainment | $24,500 | $14,796 | $9,704 | 60.4% | |
| 700 | Sponsorships & Partnerships | $0 | $0 | $0 | 0% | |
| 800 | Sales Gallery & Model Residences | $158,500 | $45,017 | $113,483 | 28.4% | |
| 900 | Sales Operations | $60,000 | $18,554 | $41,446 | 30.9% | |
| 1000 | Sales Staffing & Oversight | $232,000 | $111,436 | $120,564 | 48.0% | |
| 1100 | Travel, Accommodation, Meals | $39,000 | $64,091 | -$25,091 | 164.3% | Over budget |
| GRAND TOTAL (before contingency) | $1,162,790 | $630,863 | $531,927 | 54.3% | ||
| Contingency (5%) | $58,140 | |||||
| TOTAL APPROVED BUDGET | $1,220,930 | |||||
Travel is running over budget primarily on CoLab team travel to support ongoing sales and marketing activity.
| Code | Category | Latest Estimate | Original Budget | Variance |
|---|---|---|---|---|
| 100 | Creative, Branding & PR | $196,028 | $174,000 | +$22,028 |
| 200 | Photography & Videography | $18,224 | $35,500 | -$17,276 |
| 300 | Marketing Assets & Collateral | $67,110 | $139,000 | -$71,890 |
| 400 | Media and Digital Marketing | $234,355 | $290,290 | -$55,935 |
| 500 | Direct Marketing & Promotions | $0 | $10,000 | -$10,000 |
| 600 | Events & Entertainment | $27,296 | $24,500 | +$2,796 |
| 700 | Sponsorships & Partnerships | $0 | $0 | $0 |
| 800 | Sales Gallery & Model Residences | $76,617 | $158,500 | -$81,883 |
| 900 | Sales Operations | $29,554 | $60,000 | -$30,446 |
| 1000 | Sales Staffing & Oversight | $196,936 | $232,000 | -$35,064 |
| 1100 | Travel, Accommodation, Meals | $95,091 | $39,000 | +$56,091 |
| TOTAL (excl. contingency) | $941,211 | $1,162,790 | -$221,579 |
Latest estimate uses actual-to-date (Jan–Jul) plus forecast for Aug–Dec, phased per the Monthly Tracker. If the year lands here, spend would come in ~$221,579 under the original budget — driven mainly by Sales Gallery, Media/Digital, and Marketing Assets running under pace, partly offset by Travel and Creative running over.
1
Media. Extend media at low spend through the off-season to maintain media consistency and SEO.
2
Public Relations. Extend through end of November at a reduced rate. Pause for December/January. Bring back February 2027.
3
Staffing. Extend Sales Director base fee through end of year.