|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 03/01/05 - 03/31/05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
6,859.69 |
35,550.00 |
(31,690.31) |
17,039.80 |
38,550.00 |
(21,510.20) |
38,550.00 |
|
Subtotal Income |
6,859.69 |
38,5550.00 |
(31,690.31) |
17,039.80 |
38,550.00 |
(21,510.20) |
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 |
400.00 |
800.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
510.00 |
500.00 |
(10.45) |
541.45 |
1,000.00 |
458.55 |
2,000.00 |
| 07250 |
Bank
Fees |
.00 |
10.00 |
10.00 |
20.00 |
10.00 |
(10.00) |
40.00 |
| 07260 |
Postage
& Mail |
5.21 |
.00 |
(5.21) |
492.61 |
.00 |
(492.61) |
00 |
| 07280 |
Insurance |
1997.00 |
.00 |
(1,997.00) |
1,997.00 |
2,400.00 |
403.00 |
2,400.00 |
| 07320 |
Office
Supplies |
.00 |
200.00 |
200.00 |
.00 |
600.00 |
600.00 |
2,400.00 |
| 07400 |
Printing-Reproduction |
15.20 |
.00 |
(15.20) |
152.79 |
.00 |
(152.79) |
.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
1,900.00 |
| 07430 |
Federal
Income Tax |
.00 |
150.00 |
150.00 |
.00 |
150.00 |
150.00 |
150.00 |
| 07990 |
Bad
Debt Expenses |
210.48 |
.00 |
(210.48) |
212.60 |
.00 |
(212.60) |
.00 |
|
General & Administrative
|
2,938.34 |
1,060.00 |
(1,878.34) |
4,016.45 |
4,960.00 |
943.55 |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
1,214.13 |
1,425.00 |
210.87 |
5,700.00 |
|
08990 |
Telephone |
34.93 |
38.00 |
3.07 |
104.71 |
114.00 |
9.29 |
465.00 |
|
Common Utilities |
439.64 |
513.00 |
73.36 |
1,318.84 |
1,539.00 |
220.16 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,400.00 |
|
09010 |
Tree Maintenance |
150.00 |
.00 |
(150.00) |
150.00 |
.00 |
(150.00) |
500.00 |
|
Maintenance
Total |
150.00 |
.00 |
(150.00) |
150.00 |
.00 |
(150.00) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
8,866.00 |
|
09611 |
Fertilizer |
.00 |
400.00 |
400.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
200.00 |
200.00 |
.00 |
200.00 |
200.00 |
500.00 |
|
09613 |
Survey |
293.15 |
300.00 |
6.85 |
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 |
293.15 |
900.00 |
606.85 |
468.15 |
2,400.00 |
1,931.85 |
12,966.00 |
|
|
|
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 |
3,821.13 |
2,473.00 |
(1,348.13) |
5,953.44 |
8,899.00 |
2,945.58 |
35,212.00 |
|
Current Year Net
Income / Loss |
3,038.56 |
36,077.00 |
(33,038.44) |
11,086.36 |
29,651.00 |
(18,564.64) |
3,038.00 |
|