|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 10/01/05 - 10/31/05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,579.58 |
.00 |
2,579.58 |
47,161.48 |
38,550.00 |
8,611.48 |
38,550.00 |
| 06351 |
Filing
Fees |
492.00 |
.00 |
492.00 |
1,540.00 |
.00 |
1,540.00 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
300.00 |
.00 |
300.00 |
.00 |
|
Subtotal Income |
3,071.58 |
.00 |
3,071.58 |
49,001.48 |
38,550.00 |
10,451.48 |
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 |
1,800.00 |
2,200.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
323.50 |
500.00 |
176.50 |
4,909.10 |
2,000.00 |
(2,909.10) |
2,000.00 |
| 070250 |
Bank
Charges |
.00 |
.00 |
.00 |
70.00 |
30.00 |
(40.00) |
40.00 |
| 07260 |
Postage
& Mail |
.00 |
.00 |
.00 |
492.61 |
.00 |
(492.61) |
.00 |
| 07320 |
Office
Supplies |
12.36 |
200.00 |
187.64 |
781.39 |
2,000.00 |
1,218.61 |
2,400.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
.00 |
(164.70) |
.00 |
| 07400 |
Printing-Reproduction |
.00 |
.00 |
.00 |
152.79 |
.00 |
(152.79) |
.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
5,719.93 |
1,900.00 |
(3,819.93) |
1,900.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
10.00 |
150.00 |
140.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
245.15 |
.00 |
(245.15) |
.00 |
| 07990 |
Bad
Debt Expenses |
528.73 |
.00 |
(528.73) |
2,301.77 |
.00 |
(2,301.77) |
.00 |
|
General & Administrative
|
1,064.59 |
900.00 |
(164.59) |
18,779.14 |
10,680.00 |
(8,099.14) |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
4,047.10 |
4,750.00 |
702.90 |
5,700.00 |
|
08990 |
Telephone |
.00 |
38.00 |
38.00 |
150.40 |
380.00 |
229.60 |
456.00 |
|
Common Utilities |
404.71 |
513.00 |
108.29 |
4,197.50 |
5,130.00 |
932.50 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
2,978.60 |
2,400.00 |
(578.60) |
2,400.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
4,075.00 |
500.00 |
(3,575.00) |
500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
4,684.45 |
.00 |
(4,684.45) |
.00 |
|
Maintenance |
.00 |
.00 |
.00 |
11,738.05 |
2,900.00 |
(8,838.05) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
995.00 |
1,364.00 |
369.00 |
7,558.50 |
8,525.00 |
966.50 |
8,866.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
636.00 |
800.00 |
164.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
100.00 |
500.00 |
400.00 |
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 |
995.00 |
1,364.00 |
369.00 |
8,962.65 |
11,625.00 |
2,662.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,464.30 |
2,777.00 |
312.70 |
43,677.34 |
30,335.00 |
(13,342.34) |
35,512.00 |
|
Current Year Net
Income / Loss |
607.28 |
(2,777.00) |
3,384.28 |
5,324.14 |
8,215.00 |
(2,890.86) |
3,038.00 |
|