|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 10/01/06 -10/30/06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
676.52 |
.00 |
676.52 |
53,829.47 |
48,300 |
5,529.47 |
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 |
77.00 |
.00 |
77.00 |
3,210.73 |
.00 |
3,210.73 |
.00 |
| 06360 |
Owner
Income Fees |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
.00 |
.00 |
.00 |
256.00 |
.00 |
256.00 |
.00 |
| 06910 |
Interest
Income |
4.02 |
.00 |
4.02 |
29.79 |
.00 |
29.79 |
.00 |
|
Subtotal Income |
757.54 |
.00 |
757.54 |
58,191.99 |
48,300.00 |
9,891.99 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
800.00 |
.00 |
(800.00) |
.00 |
| 07020 |
Accounting Fees |
.00 |
200.00 |
200.00 |
1000.00 |
2,200.00 |
1,000.00 |
2,600.00 |
| 07160 |
Legal
Fee |
154.00 |
1000.00 |
846..00 |
2,908.00 |
4,500.00 |
1,592.00 |
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 |
.00 |
100.00 |
100.00 |
2,179.28 |
1000.00 |
(1,179.28) |
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 |
208.30 |
194.14 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.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 |
47.70 |
.00 |
(47.70) |
220.40 |
250.00 |
29.60 |
250.00 |
| 07435 |
Community Signs |
.00 |
.00 |
.00 |
242.21 |
.00 |
(242.21) |
.00 |
| 07990 |
Bad
Debt Expenses |
591.64 |
.00 |
(591.64) |
3,224.25 |
1,500.00 |
(1,724.25) |
3,000.00 |
|
General & Administrative
|
793.34 |
1,362.49 |
569.15 |
16,564.96 |
16,292.30 |
(272.66) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.88 |
475.00 |
54.12 |
4,186.70 |
4,750.00 |
563.30 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
166.60 |
166.60 |
200.00 |
|
Common Utilities |
420.88 |
491.66 |
70.78 |
4,186.70 |
4,916.60 |
729.90 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
1,100.00 |
.00 |
(1,100.00) |
2,175.00 |
2,600.00 |
325.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
1000.00 |
1000.00 |
3,945.00 |
2,500.00 |
(1,445.00) |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
45.41 |
4,600.00 |
4,4,554.59 |
4,600.00 |
|
Maintenance |
1,100.00 |
1,000.00 |
(100.00) |
6,265.41 |
9,700.00 |
3,434.59 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
1,300.00 |
1,300.00 |
6,200.00 |
8,459.00 |
2,259.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
842.70 |
800.00 |
(42.70) |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.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 |
.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 |
00.00 |
1,300.00 |
1,300.00 |
10,544.19 |
11,759.00 |
1,214.81 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,314.22 |
4,154.15 |
1,839.93 |
37,561.26 |
42,667.90 |
5,106.64 |
47,717.40 |
|
Current Year Net
Income / Loss |
1,556.68 |
(4,154.15) |
2,597.47 |
20.630.73 |
5,632.10 |
14,998.63 |
582.60 |
|