|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 10/01/07 - 10/31/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1329,.48 |
.00 |
1,329.48 |
48,828.63 |
48,300.00 |
528.63 |
48,330.00 |
| 06311 |
Reimb
Mowing |
.00 |
.00 |
.00 |
50.00 |
.00 |
50.00 |
.00 |
| 06315 |
H.O.
Cleanup /repair |
.00 |
.00 |
.00 |
295.00 |
.00 |
295.00 |
.00 |
| 06340 |
Late Fee
Income |
150.00 |
.00 |
150.00 |
1,750.00 |
.00 |
1,750.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
994.00 |
.00 |
994.00 |
.00 |
| 06351 |
Filing
Fees |
282.50 |
.00 |
282.50 |
1,642.46 |
.00 |
1,642.46 |
.00 |
| 06380 |
Owner
Admin- Fees |
10.00 |
.00 |
10.00 |
30.00 |
.00 |
30.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
.00 |
.00 |
.00 |
(426.00) |
.00 |
(426.00) |
.00 |
| 06910 |
Interest
Income |
18.52 |
.00 |
18.52 |
176.36 |
.00 |
176.36 |
.00 |
|
Subtotal Income |
1,790.50 |
.00 |
1,790.50 |
53,340.45 |
48,300.00 |
5,040.50 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
2,250.00 |
2,200.00 |
(50.00) |
2,600.00 |
| 07160 |
Legal
Fee |
100.00 |
1000.00 |
(900.00) |
3,852.00 |
4,500.00 |
(648.00) |
5,000.00 |
| 07250 |
Bank
Charges |
.00 |
.00 |
.00 |
40.00 |
.00 |
(40.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
308.09 |
416.60 |
108.51 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,924.00 |
1,900.00 |
(24.00) |
1,900.00 |
| 07320 |
Office
Supplies |
41.76 |
100.00 |
58.24 |
867.99 |
1,000.00 |
132.01 |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.83 |
20.83 |
222.35 |
208.30 |
(14.05) |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
4,000.00 |
4,000.00 |
4000.00 |
| 07423 |
Business
Entity Rept |
.00 |
.00 |
.00 |
10.00 |
.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
220.00 |
150.00 |
(70.00) |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
2,658.94 |
250.00 |
(2,408.94) |
250.00 |
| 07435 |
Community
Signs |
.00 |
.00 |
.00 |
260.00 |
.00 |
(260.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
448.01 |
.00 |
(448.01) |
6,342.68 |
1,500.00 |
(4,842.68) |
3000.00 |
|
General & Administrative
|
814.77 |
1,362.49 |
547.72 |
19,123.45 |
16,292.30 |
(2,831.15) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
4,354.42 |
4,750.00 |
395.58 |
5,700.00 |
|
08915 |
Lighting Installation |
.00 |
.00 |
.00 |
2,663.00 |
.00 |
(2,663.00) |
.00 |
|
08935 |
Stormwater Mgmt Fee |
00 |
00 |
.00 |
81.00 |
.00 |
(81.00) |
.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
210.32 |
166.60 |
(43.72) |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
(54.60) |
7,308.74 |
4,916.60 |
(2,392.14) |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
4,984.00 |
2,600.00 |
(2,384.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
1000.00 |
1000.00 |
375.00 |
2.,500.00 |
2,125.00 |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
4,600.00 |
4,600.00 |
|
Maintenance |
00 |
1000.00 |
.00 |
5,359.00 |
9,700.00 |
4,341.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
1,240.00 |
1,300.00 |
60.00 |
7,440.00 |
8,459.00 |
1,019.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
795.00 |
800.00 |
5.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
350.00 |
500.00 |
150.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09614 |
Comm Area Improve |
425.95 |
.00 |
425.00 |
8,100.51 |
.00 |
(8,100.00) |
.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
558.46 |
200.00 |
(358.46) |
200.00 |
|
09616 |
Home Owner Cleanup |
40.00 |
.00 |
(40.00) |
40.00 |
.00 |
(40.00) |
.00 |
|
09700 |
Trash Removal |
500.00 |
.00 |
(500.00) |
500.00 |
.00 |
(500.00) |
.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
1940.00 |
1,500.00 |
(440.00) |
2,500.00 |
|
Contract Services |
2,205.00 |
1,300.00 |
(905.00) |
19,723.97 |
11,759.00 |
(7,964.97) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
3,456.83 |
4,154.15 |
697.32 |
51,515.16 |
42,667.90 |
8,847.26 |
47,717.40 |
|
Current Year Net
Income / Loss |
(1,666.33) |
(4,454.15) |
2,487.82 |
1,825.29 |
5,632.10 |
(3,806.81) |
582.60 |
|