|
GlennWoods H.O.A., Inc
Income / Expense Statement
2005
|
Description |
Year 2005 |
| Actual |
Budget |
| 06310 |
Assessment Income |
50,663.17 |
38,550.00 |
| 06311 |
Reimb.
Mowing |
180.00 |
.00 |
| 06351 |
Filing
Fees |
2117.00 |
.00 |
| 06360 |
Misc.
Owner Income |
100.00 |
.00 |
| 06430 |
Assmts.
Pd in Advance |
300.00 |
.00 |
| 06910 |
Interest |
.22 |
.00 |
|
Subtotal Income |
53,360.39 |
38,550.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
200.00 |
.00 |
| 07020 |
Accounting Fees |
2,200.00 |
2,600.00 |
| 07160 |
Legal
Fee |
8,924.76 |
2,000.00 |
| 070250 |
Bank
Charges |
70.00 |
40.00 |
| 07260 |
Postage
& Mail |
492.61 |
.00 |
| 07280 |
Insurance |
1,929.00 |
2,400.00 |
| 07320 |
Office
Supplies |
954.99 |
2,400.00 |
| 07325 |
Website |
167.40 |
.00 |
| 07400 |
Printing-Reproduction |
152.79 |
.00 |
| 07420 |
Property Taxes |
5,719.93 |
1,900.00 |
| 07430 |
Federal
Income Tax |
150.00 |
150.00 |
| 07431 |
Community Events |
396.48 |
.00 |
| 07990 |
Bad
Debt Expenses |
4,366.79 |
.00 |
|
General & Administrative
|
25,584.75 |
11,490.00 |
|
Common Utilities |
|
08910 |
Electricity |
4,856.52 |
5,225.81 |
|
08990 |
Telephone |
150.40 |
456.00 |
|
Common Utilities |
5006.52 |
6,156.00 |
|
Maintenance |
|
09001 |
Pond Maintenance |
2,978.60 |
2,400.00 |
|
09010 |
Tree Maintenance |
4,075.00 |
500.00 |
|
09021 |
Fence |
4,684.45 |
.00 |
|
Maintenance |
11,738.05 |
2,900.00 |
|
Contract Services |
|
09610 |
Lawn Maintenance |
8,188.50 |
8,866.00 |
|
09611 |
Fertilizer |
636.00 |
800.00 |
|
09612 |
Bed Maintenance
|
525.00 |
500.00 |
|
09613 |
Survey |
293.15 |
300.00 |
|
09800 |
Snow Removal |
455.00 |
2,500.00 |
|
Contract Services |
10,297.65 |
12,966.00 |
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
2000.00 |
|
Total Expenses |
52,627.37 |
35,512.00 |
|
Current Year Net
Income / Loss |
733.02 |
3,038.00 |
|