|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 9-01-05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,014.56 |
.00 |
2,014.56 |
44,581.90 |
38,550.00 |
6,031.90 |
38,550.00 |
| 06351 |
Filing
Fees |
148.00 |
.00 |
148.00 |
1,048.00 |
.00 |
1,048.00 |
.00 |
| 06430 |
Assets.
Paid in advance |
.00 |
.00 |
0.00 |
300.00 |
.00 |
300.00 |
.00 |
|
Subtotal Income |
2,162.56 |
.00 |
2,162.56 |
45,919.90 |
38,550.00 |
7,379.90 |
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 |
1,600.00 |
2,00.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
107.65 |
.00 |
(107.65) |
4,585.60 |
1,600.00 |
3,085.60 |
2,000.00 |
| 070250 |
Bank
Charges |
0.00 |
10.00 |
10.00 |
70.00 |
30.00 |
(40.00) |
40.00 |
| 07260 |
Postage
& Mail |
.00 |
.00 |
.00 |
492.61 |
.00 |
(492.61) |
.00 |
| 07280 |
Insurance |
(68.00) |
.00 |
68.00 |
1,929.00 |
2,400.00 |
471.00 |
2,400.00 |
| 07320 |
Office
Supplies |
198.32 |
200.00 |
1.68 |
769.03 |
1,800.00 |
1,0330.97 |
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 |
1,934.69 |
950.00 |
(984.69) |
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 |
225.00 |
.00 |
(225.00) |
1,773.04 |
.00 |
(1,773.04) |
.00 |
|
General & Administrative
|
2,372.66 |
1,360.00 |
(1,012.66) |
17,714.55 |
9,780.00 |
7,934.55 |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
3,642.39 |
4,275.00 |
632.61 |
5,700.00 |
|
08990 |
Telephone |
.00 |
38.00 |
38.00 |
150.40 |
342.00 |
191.60 |
456.00 |
|
Common Utilities |
404.71 |
513.00 |
108.29 |
3,792.79 |
4,617.00 |
824.21 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
1,489.30 |
.00 |
(1,489.30) |
2,978.60 |
2,400.00 |
(578.60) |
2,400.00 |
|
09010 |
Tree Maintenance |
500.00 |
.00 |
(500.00) |
4,075.00 |
500.00 |
(3,575.00) |
500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
4,684.45 |
.00 |
(4,684.45 |
0.00 |
|
Maintenance |
1,989.30 |
.00 |
(1,989.30) |
11,738.05 |
2,900.00 |
(8,838.05) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
1,300.00 |
1,364.00 |
64.00 |
6,563.50 |
7,161.00 |
597.50 |
8,866.00 |
|
09611 |
Fertilizer |
.00 |
400.00 |
400.00 |
636.00 |
800.00 |
164.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
200.00 |
200.00 |
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 |
1,300.00 |
1,964.00 |
664.00 |
7,967.65 |
10,261.00 |
2,293.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
6,066.67 |
3,837.00 |
(2,229.67) |
41,213.04 |
27,558.00 |
(13,655.04) |
35,512.00 |
|
Current Year Net
Income / Loss |
(3,904.11) |
(3,837.00) |
(67.11) |
4,716.86 |
10,992.00 |
(6,275.14) |
3,038.00 |
|