|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 11/01/07 - 11/30/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
189.45 |
.00 |
189.45 |
49,018.08 |
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 |
25.00 |
.00 |
25.00 |
1,775.00 |
.00 |
1,775.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
994.00 |
.00 |
994.00 |
.00 |
| 06351 |
Filing
Fees |
52.00 |
.00 |
52.00 |
1,694.46 |
.00 |
1,694.46 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
30.00 |
.00 |
30.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
.00 |
.00 |
.00 |
(426.00) |
.00 |
(426.00) |
.00 |
| 06910 |
Interest
Income |
17.94 |
.00 |
17.94 |
194.30 |
.00 |
194.30 |
.00 |
|
Subtotal Income |
284.39 |
.00 |
284.39 |
53,624.84 |
48,300.00 |
5,324.84 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
2,475.0.00 |
2,400.00 |
(75.00) |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.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 |
458.26 |
150.17 |
500.00 |
| 07280 |
Insurance |
15.00 |
.00 |
(15.00) |
1,939.00 |
1,900.00 |
(39.00) |
1,900.00 |
| 07320 |
Office
Supplies |
44.41 |
100.00 |
55.59 |
912.40 |
1,100.00 |
187.60 |
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 |
229.13 |
6.78 |
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 |
.00 |
1500.00 |
1,500.00 |
6,342.68 |
3,000.00 |
(3,342.68) |
3000.00 |
|
General & Administrative
|
284.41 |
1,562.49 |
12,578.08 |
19,407.86 |
18,154.79 |
(1,253.07) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
455.39 |
475.00 |
19.61 |
4,809.81 |
5,225.00 |
415.19 |
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 |
183,26 |
(27.06) |
200.00 |
|
Common Utilities |
455.39 |
491.66 |
36.27 |
7,764.13 |
5,408.26 |
(2,355.87) |
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 |
341.00 |
(899.00) |
8,680.00 |
8,800.00 |
120.00 |
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 |
.00 |
.00 |
.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 |
.00 |
.00 |
.00 |
40.00 |
.00 |
(40.00) |
.00 |
|
09700 |
Trash Removal |
.00 |
.00 |
.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 |
1,240.00 |
341.00 |
(899.00) |
20,963.97 |
12,100.00 |
(8,863.97) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
1,979.80 |
2,695.15 |
715.35 |
53,494.96 |
45,363.05 |
(8,131.91) |
47,717.40 |
|
Current Year Net
Income / Loss |
(1,695.41) |
(2,695.15) |
999.74 |
129.88 |
2,936.95 |
(2,807.07) |
582.60 |
|