|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 04/01/07 - 04/30/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,101.24 |
.00 |
2,101.24 |
41,696.96 |
48,300.00 |
(6,603.04) |
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 |
200.00 |
.00 |
200.00 |
1,075.00 |
.00 |
1,075.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
552.00 |
.00 |
.00 |
.00 |
| 06351 |
Filing
Fees |
199.22 |
.00 |
199.22 |
827.96 |
.00 |
827.96 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
10.00 |
.00 |
10.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
(416.40) |
.00 |
(416.40) |
404.88 |
.00 |
(404.88) |
.00 |
| 06910 |
Interest
Income |
17.78 |
.00 |
17.78 |
66.83 |
.00 |
66.83 |
.00 |
|
Subtotal Income |
2,101.84 |
.00 |
2,101.84 |
44,168.87 |
48,300.00 |
(4,131.13 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
25.00 |
900.00 |
1,000.00 |
100.00 |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.00 |
77.00 |
2000.00 |
1,923.00 |
5,000.00 |
| 07250 |
Bank
Charges |
20.00 |
.00 |
(20.00) |
30.00 |
.00 |
(30.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
(266.43) |
308.09 |
166.64 |
(141.45) |
500.00 |
| 07280 |
Insurance |
1,924.00 |
.00 |
(1,924.00) |
1,924.00 |
1,900.00 |
(24.00) |
1,900.00 |
| 07320 |
Office
Supplies |
68.58 |
100.00 |
31.42 |
597.29 |
400.00 |
(197.29) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.83 |
20.83 |
149.17 |
83.32 |
(65.85) |
250.00 |
| 07420 |
Property Taxes |
.00 |
2,000.00 |
2,000.00 |
.00 |
2,000.00 |
2,000.00 |
4000.00 |
| 07423 |
Business
Entity Rept |
.00 |
.00 |
.00 |
.00 |
10.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
110.00 |
150.00 |
40.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
380.80 |
.00 |
(380.80) |
4,237.71 |
.00 |
(4237.71) |
3000.00 |
|
General & Administrative
|
2,618.38 |
2,362.49 |
(255.89) |
8,343.26 |
7,699.96 |
(643.30) |
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 |
16.66 |
200.00 |
66.64 |
(133.36) |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
54.60 |
1,948.24 |
1,966.64 |
18.40 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
1,380.00 |
.00 |
(1,380.00) |
1,964.00 |
.00 |
(1,964.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
1000.00 |
1000.00 |
375.00 |
1000.00 |
(625.00) |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
|
Maintenance |
1,380.00 |
1000.00 |
(380.00) |
2,339.00 |
1,000.00 |
(1,339.00) |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
1023.00 |
1,023.00 |
.00 |
1,023.00 |
1,023.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
400.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
100.00 |
100.00 |
.00 |
300.00 |
300.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.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 |
.00 |
200.00 |
200.00 |
550.00 |
200.00 |
(350.00) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
1940.00 |
1,500.00 |
(440.00) |
2,500.00 |
|
Contract Services |
.00 |
1,323.00 |
1,323.00 |
6,745.00 |
3,723.00 |
(3,022.00) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
4,435.44 |
5.177.15 |
741.71 |
19,375.50 |
14,389.60 |
(4,985.90) |
47,717.40 |
|
Current Year Net
Income / Loss |
(2,333.60) |
(5,177.15) |
2,843.55 |
24,793.37 |
33,910.40 |
(9,117.03) |
582.60 |
|