|
GlennWoods H.O.A., Inc
Year End Income / Expense Statement
Period 1/01/06 -12/30/06
|
Description |
Year to
Date |
|
Actual |
Variance |
Year Budget |
| 06310 |
Assessment Income |
56,055.57 |
7,755.57 |
48,300.00 |
| 06311 |
Reimb.
Mowing |
100.00 |
100.00 |
.00 |
| 06350 |
Legal
Fees Reimb. |
666.00 |
666.00 |
.00 |
| 06351 |
Filing
Fees |
3,687.13 |
3,687.13 |
.00 |
| 06360 |
Owner
Income Fees |
100.00 |
100.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
256.00 |
256.00 |
.00 |
| 06910 |
Interest
Income |
37.72 |
37.72 |
.00 |
|
Subtotal Income |
60,902.42 |
12,602.42 |
48,300.00 |
|
Expenses -
General Administrative |
| 07010 |
Management Fees |
800.00 |
(800.00) |
.00 |
| 07020 |
Accounting Fees |
1,600.00 |
1,000.00 |
2,600.00 |
| 07160 |
Legal
Fee |
2,908.00 |
2,092.00 |
5,000.00 |
| 07250 |
Bank
Charges |
10.00 |
(10.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
500.00 |
500.00 |
| 07280 |
Insurance |
1,875.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
2,413.76 |
(1,213.76) |
1,200.00 |
| 07325 |
Website |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
14.16 |
235.84 |
250.00 |
| 07420 |
Property Taxes |
3,914.26 |
85.74 |
4000.00 |
| 07423 |
Business Entity Report |
10.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
150.00 |
150.00 |
| 07431 |
Community Events |
220.40 |
29.60 |
250.00 |
| 07435 |
Community Signs |
442.21 |
(442.21) |
.00 |
| 07437 |
Security Patrol |
100.00 |
(100.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
3,783.72 |
(783.72) |
3,000.00 |
|
General & Administrative
|
18.258.91 |
758.49 |
19,017.40 |
|
Common Utilities |
|
08910 |
Electricity |
5,060.82 |
601.24 |
5,700.00 |
|
08990 |
Telephone |
.00 |
200.00 |
200.00 |
|
Common Utilities |
5,060.82 |
839.18 |
5,900.00 |
|
Maintenance |
|
09001 |
Pond Maintenance |
2,275.00 |
325.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
3,945.00 |
(1,445.00) |
2,500.00 |
|
09021 |
Fence |
87.85 |
4,512.15 |
4,600.00 |
|
Maintenance |
6,307.85 |
3,392.15 |
9,700.00 |
|
Contract Services |
|
09610 |
Lawn Maintenance |
7,825.00 |
975.00 |
8,800.00 |
|
09611 |
Fertilizer |
842.70 |
(42.70) |
800.00 |
|
09612 |
Bed Maintenance
|
1,800.00 |
(1,300.00) |
500.00 |
|
09613 |
Survey |
.00 |
300.00 |
300.00 |
|
09615 |
Misc Expenses |
1,676.49 |
(1,476.49) |
200.00 |
|
09800 |
Snow Removal |
200.00 |
2,300.00 |
2,500.00 |
|
Contract Services |
12,344.19 |
755.81 |
13,100.00 |
|
Total Expenses |
41,971.77 |
5,745.63 |
47,717.40 |
|
Current Year Net
Income / Loss |
18,930.65 |
18,348.05 |
582.60 |
|