|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 12/01/07 - 12/31/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,712.81 |
.00 |
1,712.81 |
50,730.89 |
48,300.00 |
2,430.89 |
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 |
89.00 |
.00 |
89.00 |
1,864.00 |
.00 |
1,864.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
994.00 |
.00 |
994.00 |
.00 |
| 06351 |
Filing
Fees |
260.50 |
.00 |
260.50 |
1,954.96 |
.00 |
1,954.96 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
30.00 |
.00 |
30.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
26.00 |
.00 |
26.00 |
(400.00) |
.00 |
(400.00) |
.00 |
| 06910 |
Interest
Income |
18.56 |
.00 |
18.56 |
212.86 |
.00 |
212.86 |
.00 |
|
Subtotal Income |
2,106.87 |
.00 |
2,106.87 |
55,731.71 |
48,300.00 |
7,431.71 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
2,700.00 |
2,600.00 |
(100.00) |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.00 |
3,852.00 |
5,000.00 |
1,148.00 |
5,000.00 |
| 07250 |
Bank
Charges |
.00 |
.00 |
.00 |
40.00 |
.00 |
(40.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.74 |
41.74 |
308.09 |
500.00 |
191.91 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,939.00 |
1,900.00 |
(39.00) |
1,900.00 |
| 07320 |
Office
Supplies |
39.82 |
100.00 |
60.18 |
952.22 |
1,200.00 |
247.78 |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.87 |
20.87 |
222.35 |
250.00 |
27.65 |
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 |
157.26.00 |
.00 |
(157.26) |
2,816.20 |
250.00 |
(2,566.20) |
250.00 |
| 07435 |
Community
Signs |
.00 |
.00 |
.00 |
260.00 |
.00 |
(260.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
684.20 |
.00 |
(684.20) |
7,026.88 |
3,000.00 |
(4,026.88) |
3000.00 |
|
General & Administrative
|
1,106.28 |
862.61 |
(243.67) |
20,514.14 |
19,017.40 |
(1,496.74) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
469.41 |
475.00 |
5.59 |
5,279.22 |
5,700.00 |
420.78 |
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 |
16.74 |
16.74 |
210.32 |
200.00 |
(10.32) |
200.00 |
|
Common Utilities |
469.41 |
491.74 |
22.33 |
8,233.54 |
5,900.00 |
(2,333.54) |
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 |
.00 |
.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 |
.00 |
.00 |
5,359.00 |
9,700.00 |
4,341.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.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 |
3,600.00 |
.00 |
(3,600.00) |
11,700.51 |
.00 |
(11,700.51) |
.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 |
4,050.00 |
1,000.00 |
(3050.00) |
20,013.97 |
13,100.00 |
(11,913.97) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
5,625.69 |
2,354.35 |
(3,271.34) |
59,120.65 |
47,717.40 |
(11,403.25) |
47,717.40 |
|
Current Year Net
Income / Loss |
(3,518.82) |
(2,354.35) |
(1,164.47) |
(3,388.94) |
582.60 |
(3,971.54) |
582.60 |
|