|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 12/01/05 - 12/30/05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,660.60 |
.00 |
1,660.60 |
50,663.17 |
38,550.00 |
12,113.17 |
38,550.00 |
| 06311 |
Reimb.
Mowing |
40.00 |
.00 |
40.00 |
180.00 |
.00 |
180.00 |
.00 |
| 06351 |
Filing
Fees |
75.00 |
.00 |
75.00 |
2117.00 |
.00 |
2117.00 |
.00 |
| 06360 |
Misc.
Owner Income |
100.00 |
.00 |
100.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts.
Pd in Advance |
.00 |
.00 |
..00 |
300.00 |
.00 |
300.00 |
.00 |
|
Subtotal Income |
1,875.60 |
.00 |
1,875.60 |
53,360.39 |
38,550.00 |
14,810.39 |
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 |
2,200.00 |
2,600.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
3,631.16 |
.00 |
(3,631.16) |
8,924.76 |
2,000.00 |
(6,924.76) |
2,000.00 |
| 070250 |
Bank
Charges |
.00 |
10.00 |
10.00 |
70.00 |
40.00 |
(30.00) |
40.00 |
| 07260 |
Postage
& Mail |
.00 |
.00 |
.00 |
492.61 |
.00 |
(492.61) |
.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,929.00 |
2,400.00 |
471.00 |
2,400.00 |
| 07320 |
Office
Supplies |
59.12 |
200.00 |
140.88 |
954.99 |
2,400.00 |
1,445.01 |
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 |
61.52 |
.00 |
(61.52) |
396.48 |
.00 |
(396.48) |
.00 |
| 07990 |
Bad
Debt Expenses |
1,163.59 |
.00 |
(1,163.59) |
4,366.79 |
.00 |
(4,366.79) |
.00 |
|
General & Administrative
|
5,115.39 |
410.00 |
(4,705.39) |
25,584.75 |
11,490.00 |
(14,094.75) |
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 |
456.00 |
305.60 |
456.00 |
|
Common Utilities |
404.71 |
513.00 |
108.29 |
5,006.92 |
6,156.00 |
1,149.08 |
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 |
.00 |
.00 |
.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
|
425.00 |
.00 |
(425.00) |
525.00 |
500.00 |
(25.00) |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
293.15 |
300.00 |
6.85 |
300.00 |
|
09800 |
Snow Removal |
280.00 |
1000.00 |
720.00 |
455.00 |
2,500.00 |
(2,045.00) |
2,500.00 |
|
Contract Services |
705.00 |
1,000.00 |
(295.00) |
10,297.65 |
12,966.00 |
2,668.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
2000.00 |
2000.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
6,225.10 |
1,923.00 |
(4,302.10) |
52,627.37 |
35,512.00 |
(17,115.37) |
35,512.00 |
|
Current Year Net
Income / Loss |
(4,349.50) |
(1,923.00) |
(2,426.50) |
733.02 |
3,038.00 |
(2,304.98) |
3,038.00 |
|