|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 02/01/07 - 2/28/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
18,358.14 |
.00 |
18,358.14 |
19,432.09 |
.00 |
19,432.09 |
48,330.00 |
| 06311 |
Reimb
Mowing |
.00 |
.00 |
.00 |
50.00 |
.00 |
50.00 |
.00 |
| 06315 |
H.O.
Cleanup /repair |
295.00 |
.00 |
295.00 |
295.00 |
.00 |
295.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
552.00 |
.00 |
552.00 |
552.00 |
.00 |
552.00 |
.00 |
| 06351 |
Filing
Fees |
476.74 |
.00 |
476.74 |
628.74 |
.00 |
628.74 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
10.00 |
.00 |
10.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
7.40 |
.00 |
7.40 |
(448.60) |
.00 |
(448.60) |
.00 |
| 06910 |
Interest
Income |
16.55 |
.00 |
16.55 |
30.71 |
.00 |
30.71 |
.00 |
|
Subtotal Income |
19,705.83 |
.00 |
19,705.83 |
20,549.95 |
.00 |
20,549.94 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
400.00 |
175.00 |
450.00 |
600.00 |
150.00 |
2,600.00 |
| 07160 |
Legal
Fee |
77.00 |
.00 |
(77.00) |
77.00 |
500.00 |
423.00 |
5,000.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
83.32 |
83.23 |
500.00 |
| 07280 |
Insurance |
.00 |
1,900.00 |
1,900.00 |
.00 |
1,900.00 |
1,900.00 |
1,900.00 |
| 07320 |
Office
Supplies |
408.90 |
100.00 |
(308.90) |
419.68 |
200.00 |
(219.68) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.83 |
20.83 |
.00 |
41.66 |
41.66 |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4000.00 |
| 07423 |
Business
Entity Rept |
10.00 |
.00 |
(10.00) |
.00 |
(10.00) |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
110.00 |
.00 |
(110.00) |
110.00 |
.00 |
(110.00) |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
3,658.96 |
.00 |
(3,658.96) |
3,856.91 |
.00 |
(3,856.91) |
3000.00 |
|
General & Administrative
|
4,489.86 |
2,462.49 |
(2,027.37 |
4,923.59 |
3,324.98 |
(1,598.61) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
874.12 |
950.00 |
75.88 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
33.32 |
33.32 |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
54.60 |
874.12 |
983.32 |
109.20 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
00 |
584.00 |
.00 |
(584.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
375.00 |
.00 |
(375.00) |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
|
Maintenance |
.00 |
.00 |
.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 |
.00 |
.00 |
.00 |
4,255.00 |
.00 |
(4,255.00) |
.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
200.00 |
|
09800 |
Snow Removal |
1600.00 |
.00 |
(1,600.00) |
1940.00 |
1,500.00 |
(440.00) |
2,500.00 |
|
Contract Services |
1,600.00 |
.00 |
(1,600.00) |
6,195.00 |
1,500.00 |
(4,695.00) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
6,526.92 |
2,954.15 |
(3,572.77) |
12,951.71 |
5,808.30 |
(7,143.41) |
47,717.40 |
|
Current Year Net
Income / Loss |
13,178.91 |
(2,954.15) |
16,133.06 |
7,598.23 |
(5,808.30) |
13,406.53 |
582.60 |
|