|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 2-01-06 - 2-28-06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
13,635.91 |
.00 |
13,635.91 |
16,209.59 |
.00 |
16,209.59 |
$47,667.40 |
| 06351 |
Filing
Fees |
75.00 |
.00 |
75.00 |
75.00 |
.00 |
75.00 |
.00 |
| 06380 |
Owner
Admin- Fees |
164.00 |
.00 |
164.00 |
789.00 |
.00 |
789.00 |
.00 |
| 06360 |
Misc.
Owner Income |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts PIA |
1772.63 |
.00 |
1772.63 |
2,247.63 |
.00 |
2,247.63 |
.00 |
| 06910 |
Interest Income |
2.02 |
.00 |
2.02 |
4.25 |
.00 |
4.25 |
.00 |
|
Subtotal Income |
|
|
|
|
|
|
$47,667.40 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
400.00 |
.00 |
(400.00) |
400.00 |
.00 |
(400.00) |
.00 |
| 07020 |
Accounting Fees |
.00 |
400.00 |
400.00 |
.00 |
600.00 |
600.00 |
2,600.00 |
| 07160 |
Legal
Fee |
382.50 |
.00 |
(382.50) |
696.50 |
500.00 |
(196.50) |
5,000.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
83.32 |
83.32 |
500.00 |
| 07280 |
Insurance |
.00 |
1,900.00 |
1,900.00 |
.00 |
1,900.00 |
1,900.00 |
1,900.00 |
| 07320 |
Office
Supplies |
395.27 |
100.00 |
(295.27) |
451.07 |
200.00 |
(252.07) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
.00 |
20.83 |
20.83 |
.00 |
41.66 |
41.66 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,000.00 |
| 07423 |
Business Entity Rept |
10.00 |
.00 |
(10.00) |
10.00 |
.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
654.07 |
.00 |
(654.07) |
1,045.85 |
.00 |
(1,045.85) |
3,000.00 |
|
General & Administrative
|
1,841.84 |
2,462.49 |
620.65 |
2,603.42 |
3,324.98 |
721.56 |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
809.42 |
950.00 |
140.58 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
33.32 |
33.32 |
200.00 |
|
Common Utilities |
404.71 |
491.66 |
865.95 |
809.42 |
983.32 |
173.90 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
|
Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
300.00 |
|
09615 |
Misc Expenses |
195.00 |
.00 |
(195.00) |
195.00.00 |
.00 |
(195.00) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
.00 |
1,500.00 |
1,500.00 |
2,500.00 |
|
Contract Services |
195.00 |
.00 |
(195.00) |
195.00 |
1,500.00 |
1,305.00 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,441.55 |
2,954.15 |
512.60 |
3,607.84 |
5,808.30 |
2,200.46 |
47,717.40 |
|
Current Year Net
Income / Loss |
13,208.01 |
(2,954.15) |
16,162.16 |
15,817.63 |
(5,808.30) |
21,625.93 |
(9,167.40) |
|