|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 03/01/07 - 03/28/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
18,306.14 |
48,300.00 |
(29,993.15) |
37,738.94 |
48,300.00 |
(10,561.06) |
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 |
750.00 |
.00 |
750.00 |
750.00 |
.00 |
750.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
552.00 |
.00 |
.00 |
.00 |
| 06351 |
Filing
Fees |
.00 |
.00 |
.00 |
628.74 |
.00 |
628.74 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
10.00 |
.00 |
10.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
414.00 |
.00 |
414.00 |
(34.60) |
.00 |
(34.60) |
.00 |
| 06910 |
Interest
Income |
18.34 |
.00 |
18.34 |
49.05 |
.00 |
49.05 |
.00 |
|
Subtotal Income |
19,489.19 |
48,300.00 |
(28,810.00) |
40,039.81 |
48,300.00 |
(8,260.87) |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
25.00 |
675.00 |
800.00 |
125.00 |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
1,500.00 |
1,500.00 |
77.00 |
2000.00 |
1,923.00 |
5,000.00 |
| 07250 |
Bank
Charges |
10.00 |
.00 |
(10.00) |
10.00 |
.00 |
(10.00) |
.00 |
| 07260 |
Postage
& Mail |
308.09 |
41.66 |
(266.43) |
308.09 |
124.98 |
(183.11) |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
.00 |
1,900.00 |
1,900.00 |
1,900.00 |
| 07320 |
Office
Supplies |
109.03 |
100.00 |
(9.03) |
528.71 |
300.00 |
(228.71) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
149.17 |
20.83 |
128.34 |
149.17 |
62.49 |
(86.68) |
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 |
.00 |
150.00 |
150.00 |
110.00 |
.00 |
(40.00) |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
.00 |
.00 |
(3,658.96) |
3,856.91 |
.00 |
(3,856.91) |
3000.00 |
|
General & Administrative
|
801,29 |
2,012,49 |
1,211.20 |
5,724.88 |
5,337.88 |
(387.41) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
1,311.18 |
1,425.00 |
113.82 |
5,700.00 |
|
08990 |
Telephone |
200.00 |
16.66 |
(183.34) |
200.00 |
49.98 |
(150.02) |
200.00 |
|
Common Utilities |
637.06 |
491.66 |
145.40 |
1,511.18 |
1,474.98 |
(36.20) |
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 |
400.00 |
400.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
200.00 |
200.00 |
.00 |
200.00 |
200.00 |
500.00 |
|
09613 |
Survey |
.00 |
300.00 |
300.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09614 |
Comm Area Improve |
.00 |
.00 |
.00 |
4,255.00 |
.00 |
(4,255.00) |
.00 |
|
09615 |
Misc Expenses |
550.00 |
.00 |
(550.00) |
550.00 |
.00 |
(550.00) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
1940.00 |
1,500.00 |
(440.00) |
2,500.00 |
|
Contract Services |
550.00 |
900.00 |
350.00 |
6,745.00 |
2,400 |
94,345.00) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
1,988.35 |
3,404.15 |
1,415.80 |
14,940.06 |
9212.45 |
(5,727.61) |
47,717.40 |
|
Current Year Net
Income / Loss |
17,500.84 |
44,895.85 |
(27,395.01) |
25,099.07 |
39,087.55 |
(13,988.48) |
582.60 |
|