|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 09/01/06 - 09/30/06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
414.10 |
.00 |
414.10 |
53,152.95 |
48,300 |
4,852.95 |
48,330.00 |
| 06311 |
Reimb.
Mowing |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06350 |
Legal
Fees Reimb. |
.00 |
.00 |
.00 |
666.00 |
.00 |
666.00 |
.00 |
| 06351 |
Filing
Fees |
113.98 |
.00 |
113.98 |
3,133.73 |
.00 |
3,133.73 |
.00 |
| 06360 |
Owner
Income Fees |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
150.00 |
.00 |
150.00 |
256.00 |
.00 |
256.00 |
.00 |
| 06910 |
Interest
Income |
3.89 |
.00 |
3.89 |
25.77 |
.00 |
25.77 |
.00 |
|
Subtotal Income |
681.97 |
.00 |
681.97 |
57,434.45 |
48,300.00 |
9,134.45 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
800.00 |
.00 |
(800.00) |
.00 |
| 07020 |
Accounting Fees |
200.00 |
200.00 |
.00 |
1000.00 |
2,000.00 |
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 |
374.94 |
374.94 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
158.08 |
100.00 |
(58.08) |
2,179.28 |
900.00 |
(1,279.28) |
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 |
187.47 |
173.31 |
250.00 |
| 07420 |
Property Taxes |
.00 |
2000.00 |
2,000.00 |
3,914.26 |
4000.00 |
85.74 |
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 |
125.00 |
.00 |
(125.00) |
172.70 |
250.00 |
77.30 |
250.00 |
| 07435 |
Community Signs |
158.94 |
.00 |
(158.94) |
242.21 |
.00 |
(242.21) |
.00 |
| 07990 |
Bad
Debt Expenses |
179.09 |
.00 |
(179.09) |
2,632.612 |
1,500.00 |
(1,132.61) |
3,000.00 |
|
General & Administrative
|
821.11 |
2,362.49 |
1,541.38 |
15,771.62 |
14,929.81 |
(841.81) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.88 |
475.00 |
54.12 |
3,765.82 |
4,275.00 |
509.18 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
149.94 |
149.94 |
200.00 |
|
Common Utilities |
420.88 |
491.66 |
70.78 |
3,765.82 |
4,424.94 |
659.12 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
75.00 |
.00 |
(75.00) |
1,175.00 |
2,600.00 |
1,425.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
3,945.00 |
1,500.00 |
(2,445.00) |
2,500.00 |
|
09021 |
Fence |
45.41 |
.00 |
45.41 |
45.41 |
4,600.00 |
4,600.00 |
4,600.00 |
|
Maintenance |
120.41 |
.00 |
(120.41) |
5,165.41 |
8,700.00 |
3,534.59 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
650.00 |
1,364.00 |
714.00 |
6,200.00 |
7,159.00 |
959.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
400.00 |
400.00 |
842.70 |
800.00 |
(42.70) |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
200.00 |
200.00 |
1,800.00 |
500.00 |
(1,300.00) |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09615 |
Misc Expenses |
15.00 |
.00 |
(15.00) |
1,501.49 |
200.00 |
(1,301.49) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
200.00 |
1,500.00 |
1,300.00 |
2,500.00 |
|
Contract Services |
665.00 |
1,964.00 |
1,299.00 |
10,544.19 |
10,459.00 |
(85.19) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,027.40 |
4.818.15 |
2,790.75 |
35,247.00 |
38,513.75 |
3,266.71 |
47,717.00 |
|
Current Year Net
Income / Loss |
1,345.43 |
(4,818.15) |
3,472.72 |
22,187.41 |
9,786.25 |
12,401.16 |
582.60 |
|