|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 12/01/06 -12/30/06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,245.54 |
.00 |
1,245.54 |
56,055.57 |
48,300.00 |
7,755.57 |
48,300.00 |
| 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 |
309.40 |
.00 |
309.40 |
3,687.13 |
.00 |
3,687.13 |
.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 |
4.03 |
.00 |
4.03 |
37.72 |
.00 |
37.72 |
.00 |
|
Subtotal Income |
1,558.97 |
.00 |
1,558.97 |
60,902.42 |
48,300.00 |
12,602.42 |
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 |
(200.00) |
1,600.00 |
2,600.00 |
1,000.00 |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
500.00 |
500.00 |
2,908.00 |
5,000.00 |
2,092.00 |
5,000.00 |
| 07250 |
Bank
Charges |
.00 |
.00 |
.00 |
10.00 |
.00 |
(10.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.74 |
41.74 |
.00 |
500.00 |
500.00 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
103.07 |
100.00 |
(3.07) |
2,413.76 |
1,200.00 |
(1,213.76) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
.00 |
20.87 |
20.87 |
14.16 |
250.00 |
235.84 |
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 |
.00 |
.00 |
00 |
220.40 |
250.00 |
29.60 |
250.00 |
| 07435 |
Community Signs |
200.00 |
.00 |
(200.00) |
442.21 |
.00 |
(442.21) |
.00 |
| 07437 |
Security Patrol |
100.00 |
.00 |
.00 |
100.00 |
.00 |
(100.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
.00 |
.00 |
.00 |
3,783.72 |
3,000.00 |
(783.72) |
3,000.00 |
|
General & Administrative
|
503.07 |
862.61 |
359.54 |
18.258.91 |
19,017.40 |
758.49 |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
5,060.82 |
5,225.00 |
601.24 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.74 |
16.74 |
.00 |
200.00 |
200.00 |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
54.68 |
5,060.82 |
5,900.00 |
839.18 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
2,275.00 |
2,600.00 |
325.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
3,945.00 |
2,500.00 |
(1,445.00) |
2,500.00 |
|
09021 |
Fence |
42.44 |
.00 |
(42.44) |
87.85 |
4,600.00 |
4,512.15 |
4,600.00 |
|
Maintenance |
42.44.00 |
.00 |
(42.44) |
6,307.85 |
9,700.00 |
3,392.15 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.00 |
7,825.00 |
8,800.00 |
975.00 |
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 |
.00 |
1,676.49 |
200.00 |
(1,476.49) |
200.00 |
|
09800 |
Snow Removal |
.00 |
1000.00 |
1000.00 |
200.00 |
2,500.00 |
2,300.00 |
2,500.00 |
|
Contract Services |
.00 |
1000.00 |
1000.00 |
12,344.19 |
13,100.00 |
755.81 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
982.57 |
2,354.35 |
1,171.78 |
41,971.77 |
47,717.40 |
5,745.63 |
47,717.40 |
|
Current Year Net
Income / Loss |
576.40 |
(2,354.35) |
2,930.75 |
18,930.65 |
582.60 |
18,348.05 |
582.60 |
|