|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 02/01/04 to 02/29/04
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 40000 |
General Operating |
(29.08) |
.00 |
(29.08) |
22,840.092 |
19,275.00 |
3,565.92 |
38,550.00 |
| 40001 |
Non-Sufficient Funds |
.00 |
2.08 |
(2.08) |
.00 |
4.16 |
(4.16) |
25.00 |
| 40005 |
Legal Fees
Reimbursement |
468.00 |
.00 |
468.00 |
500.00 |
.00 |
500.00 |
.00 |
| 40011 |
Late Fee |
(225.00) |
.00 |
(225.00) |
3,625.00 |
.00 |
3,625.00 |
2,325.00 |
| Subtotal
|
213.92 |
2.08 |
211.84 |
26,965.92 |
19,279.16 |
7,686.76 |
40,900.00 |
|
Expenses |
| General &
Administrative |
| 50001 |
Management Fee |
994.98 |
995.00 |
.02 |
1,989.96 |
1990.00 |
.04 |
11,940.00 |
| 50002 |
Legal
Fees |
508.00 |
83.33 |
(424.67) |
540.00 |
166.66 |
(373.34 |
1,000.00 |
| 50003 |
Accounting Fees |
235.00 |
.00 |
(235.00) |
235.00 |
206.00 |
(29.00) |
825.00 |
| 50004
|
Insurance Premiums |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,156.00 |
| 50006 |
Property
Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,052.00 |
|
50034 |
Copies/Envelopes/supplies |
81.39 |
210.66 |
129.27 |
222.94 |
421.32 |
198.38 |
2,528.00 |
| 50035
|
Routine
Typing |
.00 |
63.33 |
63.33 |
16.00 |
126.66 |
110.66 |
760.00 |
| 50036 |
Postage |
16.34 |
88.83 |
72.49 |
153.63 |
177.66 |
24.03 |
1,066.00 |
| 50037 |
Printing |
.00 |
48.50 |
48.50 |
.00 |
97.00 |
97.00 |
582.00 |
| 50038 |
Miscellaneous |
.00 |
8.33 |
8.33 |
80.50 |
16.66 |
(63.84) |
100.00 |
|
50039 |
Non Routine Labor |
.00 |
7.08 |
7.08 |
.00 |
14.16 |
14.16 |
85.00 |
|
50040 |
Bank Fees |
20.90 |
4.16 |
(16.74) |
39.07 |
8.32 |
(30.75) |
50.00 |
|
General & Administrative
|
1,856.61 |
1,509.22 |
(347.39) |
3,277.10 |
3,224.44 |
(52.66) |
23,144.00 |
| |
|
Common Utilities |
|
60001 |
Common Utilities |
404.71 |
416.50 |
11.79 |
809.42 |
833.00 |
23.58 |
4,998.00 |
|
Common Utilities |
404.71 |
416.50 |
11.79 |
809.42 |
833.00 |
23.58 |
4,998.00 |
| |
|
Lawn Care |
|
60101 |
Mowing |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
5,040.00 |
|
60103 |
Mulching |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
215.00 |
|
60105 |
Fertilization/Insect Control |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
1,140.00 |
|
60110 |
Weeding |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
420.00 |
|
Lawn Care Total |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
6,815.00 |
|
|
|
Tree & Shrub Care |
|
|
|
|
|
|
|
|
60205 |
Mature Tree Removal/Care |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
1,000.00 |
|
60207 |
Fertilization Insect/Control |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
330.00 |
|
Tree & Shrub Care Total |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
1,330.00 |
|
|
|
Amenities |
|
60403 |
Lake Care Treatment |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,295.00 |
|
Amenities |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,295.00 |
|
|
|
Common Area
Maintenance |
|
|
|
|
|
|
|
|
60403 |
Common Ground |
.00 |
60.00 |
60.00 |
.00 |
100.00 |
100.00 |
2,000.00 |
|
60415 |
Storage Facility |
64.00 |
.00 |
(64.00) |
64.00 |
.00 |
(64.00) |
.00 |
|
Common Area
Maintenance |
64.00 |
60.00 |
(4.00) |
64.00 |
100.00 |
36.00 |
2,000.00 |
|
|
|
Miscellaneous |
|
Miscellaneous |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
Total Expenses |
2,325.32 |
1,985.72 |
(339.60) |
4,150.52 |
4,150.52 |
6.92 |
40,582.00 |
|
Current Year Net
Income / Loss |
(2,111.40) |
(1,983.64) |
(127.76) |
22,815.40 |
15,121.72 |
7,693.68 |
318.00 |
|