|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 7-01-05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
12,342.23 |
.00 |
12,342.23 |
36,437.43 |
38,550.00 |
(2,112.57 |
38,550.00 |
| 06351 |
Filing
Fees |
392.00 |
.00 |
392.00 |
527.00 |
.00 |
527.00 |
.00 |
| 06430 |
Assets.
Paid in advance |
.00 |
.00 |
.00 |
150.00 |
.00 |
150.00 |
.00 |
|
Subtotal Income |
12,734.23 |
.00 |
12,734.23 |
37,114.43 |
38,550.00 |
(1,435.57 |
38,550.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
200.00 |
.00 |
(200.00) |
.00 |
| 07020 |
Accounting Fees |
400.00 |
200.00 |
(200.00) |
1,200.00 |
1,600.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.00 |
2,534.95 |
1,500.00 |
(1,034.95) |
2,000.00 |
| 070250 |
Bank
Charges |
10.00 |
10.00 |
.00 |
70.00 |
20.00 |
(50.00) |
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 |
14.55 |
200.00 |
185.45 |
417.98 |
1,400.00 |
982.02 |
2,400.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
.00 |
(167.40) |
.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 Tax |
10.00 |
.00 |
(10.00) |
10.00 |
150.00 |
140.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
92.00 |
.00 |
(92.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
293.53 |
.00 |
(293.53) |
1,548.04 |
.00 |
(1,548.04) |
.00 |
|
General & Administrative
|
728.08 |
410.00 |
(318.08) |
12,668.01 |
8,020.00 |
(4,648.01) |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
2,832.97 |
3,325.00 |
492.03 |
5,700.00 |
|
08990 |
Telephone |
.00 |
38.00 |
38.00 |
150.42 |
266.00 |
115.60 |
456.00 |
|
Common Utilities |
404.71 |
513.00 |
108.29 |
2,983.37 |
3,591.00 |
607.63 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
1,489.30 |
2,400.00 |
910.70 |
2,400.00 |
|
09010 |
Tree Maintenance |
1,875.00 |
.00 |
(1,875.00) |
3,575.00 |
500.00 |
(3,075.00) |
500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
4,684.45 |
.00 |
(4,684.45 |
0.00 |
|
Maintenance |
1,875.00 |
.00 |
(1,875.00) |
9,748.75 |
2,900.00 |
(6,848.75) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
945.00 |
1,023.00 |
78.00 |
3,323.50 |
4774.00 |
1,450.50 |
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 |
1.75.00 |
1,500.00 |
1,325.00 |
2,500.00 |
|
Contract Services |
1,145.00 |
1,023.00 |
(122.00) |
3,991.65 |
7,274.00 |
3,282.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
4,152.79 |
1,946.00 |
(2,206.79) |
29,391.78 |
(21,785.00) |
(7,606.78) |
35,512.00 |
|
Current Year Net
Income / Loss |
8,581.44 |
(1,946.00) |
10,527.44 |
7,722.65 |
16,765.00 |
(9,042.35) |
3,038.00 |
|