|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 06/01/06 to 06/30/06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
586.86 |
.00 |
586.86 |
49,381.00 |
48,300.00 |
1,081.00 |
48,300.00 |
| 06350 |
Legal fee
reimbursement |
.00 |
.00 |
.00 |
491.00 |
.00 |
491.00 |
.00 |
| 06351 |
Filing
Fees |
.00 |
.00 |
.00 |
2,556.09 |
.00 |
2,556.09 |
.00 |
| 06380 |
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 |
586.86 |
.00 |
586.86 |
52,647.95 |
48,300.00 |
4,347.95 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
600.00 |
.00 |
(600.00) |
.00 |
| 07020 |
Accounting Fees |
400.00 |
200.00 |
(200.00) |
600.00 |
1,400.00 |
800.00 |
2,600.00 |
| 07160 |
Legal
Fee |
211.00 |
1,500.00 |
1,269.00 |
1,269.00 |
3,500.00 |
2,231.00 |
5,000.00 |
| 07250 |
Bank
charges |
10.00 |
.00 |
(10.00) |
10.00 |
.00 |
(10.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
249.96 |
249.96 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
167.34 |
100.00 |
(67.34) |
1,972.50 |
600.00 |
(1,372.50) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
167.40 |
167.40 |
167.40 |
| 07400 |
Printing-Reproduction |
14.16 |
20.83 |
6.67 |
14.16 |
124.98 |
110.82 |
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 |
47.70 |
250.00 |
202.30 |
47.70 |
250.00 |
202.30 |
250.00 |
| 07990 |
Bad
Debt Expenses |
41.10 |
1,500.00 |
1,458.90 |
1,732.09 |
1,500.00 |
(232.09) |
3000.00 |
|
General & Administrative
|
891.30 |
3,612.49 |
2,721.19 |
12,044.71 |
11,842.34 |
(202.37) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.88 |
475.00 |
54.12 |
2,503.18 |
2,850.00 |
346.82 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
99.96 |
99.96 |
200.00 |
|
Common Utilities |
420.88 |
491.66 |
70.78 |
2,503.18 |
2,949.96 |
446.78 |
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 |
3,945.00 |
500.00 |
(3,445.00) |
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 |
3,945.00 |
500.00 |
(3,445.00) |
5,045.00 |
8,700.00 |
3,655.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
2,425.00 |
1,364.00 |
(1,061.00) |
3,745.00 |
3,751.00 |
6.00 |
8,800.00 |
|
09611 |
Fertilizer |
795.00 |
.00 |
(795.00) |
795.00 |
400.00 |
(395.00) |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
150.00 |
300.00 |
150.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09615 |
Misc Expenses |
525.00 |
.00 |
(525.00) |
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 |
3,745.00 |
1,364.00 |
(2,381.00) |
6,376.49 |
6451.00 |
74.51 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
9,002.18 |
5,968.15 |
(3,034.03) |
25,969.38 |
29,943.30 |
3,973.92 |
47,717.00 |
|
Current Year Net
Income / Loss |
(8,415.32) |
(5,968.15 |
(2,447.17) |
26,678.57 |
18,356.70 |
8,321.87 |
582.60 |
|