|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 01/01/07 - /1/31/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,073.95 |
.00 |
1,073.95 |
1,073.95 |
.00 |
1,073.95 |
48,330.00 |
| 06311 |
Reimb
Mowing |
50.00 |
.00 |
50.00 |
50.00 |
.00 |
50.00 |
.00 |
| 06351 |
Filing
Fees |
152.00 |
.00 |
152.00 |
152.00 |
.00 |
152.00 |
.00 |
| 06380 |
Owner
Admin- Fees |
10.00 |
.00 |
10.00 |
10.00 |
.00 |
10.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
(465.00) |
.00 |
(456.00) |
(456.00) |
.00 |
(456.00) |
.00 |
| 06910 |
Interest
Income |
14.16 |
.00 |
14.16 |
14.16 |
.00 |
14.16 |
.00 |
|
Subtotal Income |
|
|
|
|
|
|
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
225.00 |
200.00 |
(25.00) |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
500.00 |
500.00 |
.00 |
500.00 |
500.00 |
5,000.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
.00 |
00 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
1,900.00 |
| 07320 |
Office
Supplies |
10.78 |
100.00 |
89.22 |
10.78 |
100.00 |
89.22 |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.83 |
20.83 |
.00 |
20.83 |
20.83 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4000.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
150.00 |
| 07431 |
Community Events |
.090 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
197.95 |
.00 |
(197.95) |
197.95 |
.00 |
(197.95) |
3000.00 |
|
General & Administrative
|
433.73 |
862.49 |
428.76 |
433.73 |
862.49 |
428.76 |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
437.06 |
475.00 |
37.94 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
16.66 |
16.66 |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
54.60 |
437.06 |
4901.66 |
54.60 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
584.00 |
.00 |
(584.00) |
584.00 |
.00 |
(584.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
375.00 |
.00 |
(375.00) |
375.00 |
.00 |
(375.00) |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
|
Maintenance |
959.00 |
.00 |
(959.00) |
959.00 |
.00 |
(959.00) |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
300.00 |
|
09614 |
Comm Area Improve |
4,255.00 |
.00 |
(4,255.00) |
4,255.00 |
.00 |
(4,255.00) |
.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
200.00 |
|
09800 |
Snow Removal |
340.00 |
1,500.00 |
1,160.00 |
340.00 |
1,500.00 |
1,160.00 |
2,500.00 |
|
Contract Services |
4,595.00 |
1,500.00 |
(3,095.00) |
4,595.00 |
1,500.00 |
(3,095.00) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
6,424.79 |
2,854.15 |
(3,570.64) |
6,424.79 |
2,854.15 |
(3,570.64) |
47,717.00 |
|
Current Year Net
Income / Loss |
(5,580.68) |
(2,854.15) |
(2,727.53) |
(5,580.68 |
(2,854.15) |
(2,726.53) |
582.60 |
|