|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 3-01-06 to 3-31-06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
20,464.85 |
48,300.00 |
(27,835.15) |
38,169.44 |
43,300.00 |
10,130.56) |
48,300.00 |
| 06350 |
Legal -
Reimbursement |
166.00 |
.00 |
166.00 |
241.00 |
.00 |
241.00 |
.00 |
| 06351 |
Filing
Fees |
666.09 |
.00 |
666.09 |
1,455.09 |
.00 |
1,455.09 |
.00 |
| 06360 |
Owner
Reimbursement |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts
Paid - Advance |
72.05 |
.00 |
72.05 |
824.68 |
.00 |
824.68 |
.00 |
|
Subtotal Income |
21,371.85 |
48,300.00 |
(26,928.15 |
40,797.32 |
48,300.00 |
(7,502.68) |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
200.00 |
.00 |
(200.00) |
600.00 |
.00 |
(600.00) |
.00 |
| 07020 |
Accounting Fees |
.00 |
200.00 |
200.00 |
.00 |
800.00 |
800.00 |
2,600.00 |
| 07160 |
Legal
Fee |
56.00 |
1,500.00 |
1,444.00 |
752.50 |
2,000.00 |
1,247.50 |
5,000.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
124.98 |
124.98 |
500.00 |
| 07280 |
Insurance |
1,875.00 |
.00 |
(1,8750.00) |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
1,273.84 |
100.00 |
(1,173.84) |
1,724.91 |
300.00 |
(1,424.91) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
.00 |
20.83 |
20.83 |
.00 |
62.49 |
62.49 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,000.00 |
| 07430 |
Federal
Income Tax |
.00 |
150.00 |
150.00 |
.00 |
150.00 |
150.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
70.89 |
.00 |
(70.89) |
1,116.74 |
.00 |
(1,116.74) |
3,000.00 |
|
General & Administrative
|
3,475.73 |
2,012.49 |
(1,463.24) |
6,079.15 |
5,337.47 |
(741.68) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
431.12 |
475.00 |
43.88 |
1,240.54 |
1,425.00 |
184.46 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
49.98 |
49.98 |
200.00 |
|
Common Utilities |
431.12 |
491.66 |
60.54 |
1,240.54 |
1,474.98 |
234.44 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
1,100.00 |
.00 |
(1,100.00) |
1,100.00 |
.00 |
(1,100.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4600.00 |
|
Maintenance |
1,100.00 |
.00 |
(1,100.00 |
1,100.00 |
.00 |
(1,100.00) |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
400.00 |
400.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
150.00 |
200.00 |
50.00 |
150.00 |
200.00 |
50.00 |
500.00 |
|
09613 |
Survey |
.00 |
300.00 |
300.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09615 |
Expenses |
.00 |
.00 |
.00 |
195.00 |
.00 |
(195.00) |
200.00 |
|
09800 |
Snow Removal |
200.00 |
.00 |
(200.00) |
200.00 |
1,500.00 |
1,300.00 |
2,500.00 |
|
Contract Services |
350.00 |
900.00 |
550.00 |
545.00 |
2,400.00 |
1,855.00 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
5,356.85 |
3,404.15 |
(1,9523.70) |
8,964.69 |
9,212,45 |
247.76 |
47,717.40 |
|
Current Year Net
Income / Loss |
16,015.00 |
44,895.85 |
(28,880.85) |
31,832.63 |
39,087.55 |
(7,254.92) |
582.60 |
|