|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 11/01/05 - 11/30/05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,841.09 |
.00 |
1,841.09 |
49,002.57 |
38,550.00 |
10,452.57 |
38,550.00 |
| 06351 |
Filing
Fees |
140.00 |
.00 |
140.00 |
140.00 |
.00 |
140.00 |
.00 |
| 06380 |
Owner
Admin- Fees |
502.00 |
.00 |
502.00 |
2,042.00 |
.00 |
2,042.00 |
.00 |
|
Subtotal Income |
2,483.09 |
.00 |
2,483.09 |
51,484.57 |
38,550.00 |
12,934.57 |
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 |
2,000.00 |
2,400.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
384.50 |
.00 |
(384.50) |
5,293.60 |
2,000.00 |
(3,293.60) |
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 |
114.48 |
209.00 |
85.52 |
895.87 |
2,200.00 |
1,304.13 |
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 |
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 |
89.81 |
.00 |
(89.81) |
334.96 |
.00 |
(344.96) |
.00 |
| 07990 |
Bad
Debt Expenses |
901.43 |
.00 |
(901.43) |
3,203.20 |
.00 |
(3,203.20) |
.00 |
|
General & Administrative
|
1,690.22 |
400.00 |
(1,290.22) |
20,469.36 |
11,080.00 |
(9,389.36) |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
4,451.81 |
5,225.81 |
773.19 |
5,700.00 |
|
08990 |
Telephone |
.00 |
38.00 |
38.00 |
150.40 |
418.00 |
267.60 |
456.00 |
|
Common Utilities |
404.71 |
513.00 |
108.29 |
4,602.21 |
5,643.00 |
1,040.79 |
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) |
0.00 |
|
Maintenance |
.00 |
.00 |
.00 |
11,738.05 |
2,900.00 |
(8,838.05) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
630.00 |
341.09 |
(289.00) |
8,188.50 |
8,866.00 |
677.50 |
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 |
630.00 |
341.00 |
(289.00) |
9,592.65 |
11,966.00 |
2,373.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
2000.00 |
2000.00 |
.00 |
2000.00 |
2000.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,724.93 |
3,254.00 |
529.07 |
46,402.27 |
33,589.00 |
(12,813.27) |
35,512.00 |
|
Current Year Net
Income / Loss |
(241.84) |
(3,254.00) |
3,012.16 |
5,082.30 |
4,961.00 |
121.30 |
3,038.00 |
|