|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 08/1/06 - 08/31/06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,306.11 |
.00 |
1,306.11 |
52,738.85 |
48,300 |
4,438.85 |
48,330.00 |
| 06311 |
Reimb.
Mowing |
100.00 |
.00 |
100.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06350 |
Legal
Fees Reimb. |
175.00 |
.00 |
175.00 |
666.00 |
.00 |
666.00 |
.00 |
| 06351 |
Filing
Fees |
163.07 |
.00 |
163.07 |
3,019.75 |
.00 |
3,019.75 |
.00 |
| 06360 |
Mics Owner
Income Fees |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
.00 |
.00 |
.00 |
106.00 |
.00 |
106.00 |
.00 |
| 06910 |
Interest
Income |
4.01 |
.00 |
4.01 |
21.88 |
.00 |
21.88 |
.00 |
|
Subtotal Income |
1,748.19 |
.00 |
1,748.19 |
56.300.00 |
48,300.00 |
8,452.48 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
200.00 |
.00 |
(200.00) |
800.00 |
.00 |
(800.00) |
.00 |
| 07020 |
Accounting Fees |
200.00 |
200.00 |
.00 |
800.00 |
1,800.00 |
1,000.00 |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.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 |
333.28 |
333.28 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
9.01 |
100.00 |
90.99 |
2,021.20 |
800.00 |
(1,221.20) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
.00 |
20.83 |
20.83 |
14.16 |
166.64 |
152.48 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
3,914.26 |
2000.00 |
(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 |
.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
47.70 |
250.00 |
202.30 |
250.00 |
| 07435 |
Community Signs |
.00 |
.00 |
.00 |
83.27 |
.00 |
(83.27) |
.00 |
| 07990 |
Bad
Debt Expenses |
173.07 |
.00 |
(173.07) |
2,453.52 |
1,500.00 |
(953.52) |
3,000.00 |
|
General & Administrative
|
582.08 |
362.49 |
(219.59) |
14,950.51 |
12,567.32 |
(2,383.19) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.88 |
475.00 |
54.12 |
3,344.94 |
3,800.00 |
455.06 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
133.28 |
133.28 |
200.00 |
|
Common Utilities |
420.88 |
491.00 |
70.78 |
3,344.94 |
3,933.28 |
588.34 |
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 |
1,300.00 |
1,021.00 |
(279.00) |
5,550.00 |
5,795.00 |
245.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
842.70 |
400.00 |
(442.70) |
800.00 |
|
09612 |
Bed Maintenance
|
75.00 |
.00 |
(75.00) |
1,800.00 |
300.00 |
(1,500.00) |
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 |
1,375.00 |
1,021.00 |
(354.00) |
9,879.19 |
8,495.00 |
(1,384.19) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,377.96 |
1,875.15 |
(502.81) |
33,219.64 |
33,695.60 |
475.00 |
47,717.00 |
|
Current Year Net
Income / Loss |
(629.77) |
(1,875.15) |
1,245.38 |
23,532.84 |
14,604.40 |
8,928.44 |
582.60 |
|