|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 7-31-06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,051.74 |
.00 |
2,051.74 |
51,432.74 |
48,300.00 |
3,132.74 |
48,330.00 |
| 06350 |
Legal
Fee Reim |
.00 |
.00 |
.00 |
491.00 |
.00 |
491.00 |
.00 |
| 06351 |
Filing
Fees |
300.59 |
.00 |
300.59 |
2,856.68 |
.00 |
2,856.68 |
.00 |
| 06360 |
Misc
Owner Income |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
.00 |
.00 |
.00 |
106.00 |
.00 |
106.00 |
.00 |
|
Subtotal Income |
|
|
|
|
|
|
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
600.00 |
.00 |
(600.00) |
.00 |
| 07020 |
Accounting Fees |
.00 |
200.00 |
200.00 |
600.00 |
1,600.00 |
1,000.00 |
2,600.00 |
| 07160 |
Legal
Fee |
1,485.00 |
.00 |
(1,485.00) |
2,754.00 |
3,500.00 |
746.00 |
5,000.00 |
| 07250 |
Bank
Charges |
.00 |
.00 |
.00 |
10.00 |
.00 |
(10.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
291.62 |
291.62 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
39.69 |
100.00 |
60.31 |
2,012.19 |
700.00 |
(1,312.19) |
1,200.00 |
| 07325 |
Website |
167.40 |
.00 |
.00 |
(167.40) |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
.00 |
20.83 |
2083 |
14.16 |
145.81 |
131.65 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
3,914.26 |
2,000.00 |
(1,914.26) |
4000.00 |
| 07423 |
Business Entity Report |
.00 |
.00 |
.00 |
10.00 |
.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
150.00 |
150.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
47.70 |
250.00 |
202.30 |
250.00 |
| 07435 |
Community Signs |
83.27 |
.00 |
(83.27) |
83.27 |
.00 |
(83.27) |
.00 |
| 07990 |
Bad
Debt Expenses |
548.36 |
.00 |
(548.36) |
2,280.45 |
1,500.00 |
(780.45) |
3000.00 |
|
General & Administrative
|
2,323.72 |
362.49 |
(1,961.23) |
14,368.43 |
12,204.83 |
(2,163.60) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.88 |
475.00 |
54.12 |
2,924.06 |
3,325.00 |
400.94 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
116.62 |
116.62 |
200.00 |
|
Common Utilities |
420.88 |
491.66 |
70.78 |
2,924.06 |
3,441.62 |
517.56 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
1,100.00 |
2,600.00 |
1,500.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
3,945.00 |
1,500.00 |
(2,445.00) |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
4,600.00 |
4,600.00 |
|
Maintenance |
.00 |
.00 |
.00 |
5,045.00 |
8,700.00 |
3,655.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
505.00 |
1,023.00 |
518.00 |
4,250.00 |
4,774.00 |
524.00 |
8,800.00 |
|
09611 |
Fertilizer |
47.70 |
.00 |
(47.70) |
842.70 |
400.00 |
(442.70) |
800.00 |
|
09612 |
Bed Maintenance
|
1,575.00 |
.00 |
1,575.00 |
1,725.00 |
300.00 |
(1,425.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
1,486.49 |
200.00 |
(1,286.49) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
200.00 |
1,500.00 |
1,300.00 |
2,500.00 |
|
Contract Services |
2,127.70 |
1,023.00 |
(1,104.70) |
8,504.19 |
7,474.00 |
(1,030.19) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
4,872.30 |
1,877.15 |
(2,995.15) |
30,841.68 |
31,820.45 |
978.77 |
47.717.40 |
|
Current Year Net
Income / Loss |
(2,515.96) |
(1,877.15) |
(638.81) |
24,162.61 |
16,479.55 |
7,683.06 |
582.60 |
|