GlennWoods H.O.A., Inc

Income / Expense Statement Period 02/02/05 - 02/28/05

Description

Current Period

Year to Date

Year Budget
Actual Budget Variance Actual Budget Variance  
06310 Assessment Income 7,209.33 .00 7,209.33 10,180.11 .00 10,180.11 38,550.00
Subtotal Income 7,209.33 .00 7,209.33 10,180.11 .001 10,180.11 38,550.00

Expenses

General Administrative
07010 Management Fees .00 .00 .00 200.00 .00 (200.00) .00
07160 Legal Fee 200.00 400.00 200.00 200.00 600.00 400.00 2,600.00
07250 Bank Fees .00 .00 .00 10.00 .00 (10.00) 40.00
07260 Postage & Mail 31.00 .00 (31.00) 31.00 500.00 469.00 2,000.00
07280 Insurance .00 2,400.00 2,400.00 .00 2,400.00 2,400.00 2,400.00
07320 Office Supplies .00 200.00 200.00 .00 400.00 400.00 2,400.00
07400 Printing-Reproduction 137.59 .00 (137.59) 137.59 .00 (137.59) .00
07990 Newsletter .00 .00 .00 .00 .00 .00 1,900.00
07990 Bad Debt Expenses .00 .00 .00 2.12 .00 (2.12) .00
General & Administrative 855.99 3,000.00 2,144.01 1,068.11 3,900.00 2,831.89 11,490.00
 
Common Utilities
08910 Electricity 404.71 475.00 70.29 809.42 950.00 140.58 5,700.00
08990 Telephone .00 38.00 38.00 69.78 76.00 6.22 456.00

Common Utilities

404.71 513.00 108.29 879.20 1,026.00 146.80 6,156.00
 

Maintenance

09001 Pond Maintenance .00 .00 .00 .00 .00 .00 2,400.00
09010 Tree Maintenance .00 .00 .00 .00 .00 .00 500.00

Maintenance  Total

.00 .00 .00 .00 .00 .00 2,900.00

Contract Services

09610 Lawn Maintenance .00 .00 .00 .00 .00 .00 8,866.00
09611 Fertilizer .00 .00 .00 .00 .00 .00 800.00

09612

Bed Maintenance

.00 .00 .00 .00 .00 .00 500.00
09800 Snow Removal .00 .00 .00 175.00 1,500.00 1,325.00 2,500.00
Contract Services .00 .00 .00 175.00 1,500.00 1,325.00 12,666.00
 
Reserve Contributions
09910 Reserves Unallocated .00 .00 .00 .00 .00 .00 2,000.00

Reserves Contributions

.00 .00 .00 .00 .00 .00 2,000.00
               
Total Expenses 1,260.00 3,513.00 2,252.30 2,122.31 6,426.00 4,303.69 35,212.00

Current Year Net Income / Loss

5,948.63 (3,513.00) 9,461.63 8,057.80 (6,426.00) 14,483.80 3,338.00