|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period
|
Description |
Current
Period |
Year to
Date |
Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,363.08 |
.00 |
2,363.08 |
21,593.08 |
38,550.00 |
(16,956.92) |
38,550.00 |
|
Subtotal Income |
2,363.08 |
.00 |
2,363.08 |
21,593.08 |
38,550.00 |
(16,956.92) |
38,550.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
200.00 |
.00 |
(200.00) |
.00 |
| 07020 |
Accounting Fees |
200.00 |
200.00 |
.00 |
800.00 |
1,200.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.00 |
2,493.95 |
1,000.00 |
(1,493.95) |
2,000.00 |
| 07250 |
Bank
Charges |
10.00 |
.00 |
(10.00) |
50.00 |
10.00 |
(40.00) |
40.00 |
| 07260 |
Postage
& Mail |
.00 |
.00 |
.00 |
492.61 |
.00 |
(492.61) |
.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,997.00 |
2,400.00 |
403.00 |
2,400.00 |
| 07320 |
Office
Supplies |
165.57 |
200.00 |
34.43 |
251.77 |
1,000.00 |
748.23 |
2,400.00 |
| 07400 |
Printing-Reproduction |
.00 |
.00 |
.00 |
152.79 |
.00 |
(152.79) |
.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
3,785.24 |
950.00 |
(2,835.24) |
1,900.00 |
| 07430 |
Federal
Income Taxes |
.00 |
.00 |
.00 |
.00 |
150.00 |
150.00 |
150.00 |
| 07431 |
Community Events |
42.00 |
.00 |
(42.00) |
92.00 |
.00 |
(92.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
64.96 |
.00 |
(64.96) |
277.56 |
.00 |
(277.56) |
.00 |
|
General & Administrative
|
482.53 |
400.00 |
(82.53) |
10,592.92 |
6,710.00 |
(3,883.92 |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
2,023.55 |
2,375.00 |
351.45 |
5,700.00 |
|
08990 |
Telephone |
10.76 |
38.00 |
27.24 |
150.00 |
190.00 |
39.60 |
456.00 |
|
Common Utilities |
415.47 |
513.00 |
97.53 |
2,173.95 |
2,565.00 |
391.05 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
1,489.30 |
2,400.00 |
910.70 |
1,489.30 |
2,400.00 |
910.70 |
2,400.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
1,700.00 |
.00 |
(1,700.00) |
500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
950.00 |
.00 |
(950.00) |
.00 |
|
Maintenance Total |
1,489.30 |
2,400.00 |
910.70 |
4,139.30 |
2,400.00 |
(1,739.30) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
1,193.50 |
1,364.00 |
170.50 |
1,193.50 |
2,387.00 |
1,193.50 |
8,866.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
293.15 |
300.00 |
6.85 |
300.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
175.00 |
1,500.00 |
1,325.00 |
2,500.00 |
|
Contract Services |
1,193.50 |
1,364.00 |
170.00 |
1,661.65 |
4,887.00 |
3,225.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
|
Reserves
Contributions |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
|
Total Expenses |
3,580.80 |
4,677.00 |
1,096.200 |
18,567.82 |
16,562.00 |
(2,005.82) |
35,512.00 |
|
Current Year Net
Income / Loss |
(1,217.72) |
(4,677.00 |
3,459.28 |
3,025.26 |
21,988.00 |
(18,962.74) |
3,038.00 |
|