|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 06/01/07 - 06/30/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,474.48 |
.00 |
1,474.48 |
44,398.05 |
48,300.00 |
(3,901.95) |
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 |
125.00 |
.00 |
125.00 |
1,275.00 |
.00 |
1,275.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
442.00 |
.00 |
442.00 |
994.00 |
.00 |
994.00 |
.00 |
| 06351 |
Filing
Fees |
124.00 |
.00 |
124.00 |
1,078.96 |
.00 |
1078.96 |
.00 |
| 06380 |
Owner
Admin- Fees |
.00 |
.00 |
.00 |
10.00 |
.00 |
10.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
.00 |
.00 |
.00 |
(426.00) |
.00 |
(426.00) |
.00 |
| 06910 |
Interest
Income |
17.82 |
.00 |
17.82 |
103.04 |
.00 |
103.04 |
.00 |
|
Subtotal Income |
2,183.30 |
.00 |
2,183.30 |
47,778.05 |
48,300.00 |
(521.95) |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
450.00 |
200.00 |
(250.00) |
1,350.00 |
1,400.00 |
50.00 |
2,600.00 |
| 07160 |
Legal
Fee |
1,987.00 |
1,500.00 |
(487.00) |
3,241.00 |
3,500.00 |
259.00 |
5,000.00 |
| 07250 |
Bank
Charges |
.00 |
.00 |
.00 |
30.00 |
.00 |
(30.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
308.09 |
249.96 |
(58.13) |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,924.00 |
1,900.00 |
(24.00) |
1,900.00 |
| 07320 |
Office
Supplies |
96.24 |
100.00 |
3.76 |
693.53 |
600.00 |
(93.53) |
1,200.00 |
| 07325 |
Website |
.00 |
0.00 |
.00 |
.00 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
26.41 |
20.83 |
(5.58) |
222.35 |
124.98 |
(97.37) |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
2,000.00 |
4000.00 |
| 07423 |
Business
Entity Rept |
.00 |
.00 |
.00 |
10.00 |
.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
110.00 |
150.00 |
40.00 |
150.00 |
| 07431 |
Community Events |
2,543.74 |
250.00 |
(2,293.74) |
2,543.74 |
250.00 |
(2,293.74) |
250.00 |
| 07990 |
Bad
Debt Expenses |
1,122.11 |
1,500.00 |
377.89 |
5,359.82 |
1,500.00 |
3,859.82) |
3000.00 |
|
General & Administrative
|
6,225.50 |
3,612.49 |
(2,613.01) |
15,792.53 |
11,842.34 |
(3,950.19) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.88 |
475.00 |
54.12 |
2,606.18 |
2,850.00 |
243.82 |
5,700.00 |
|
08935 |
Stormwater Mgmt Fee |
81.00 |
00 |
(81.00) |
81.00 |
.00 |
(81.00) |
.00 |
|
08990 |
Telephone |
10.32 |
16.66 |
6.34 |
210.32 |
99.96 |
(110.36) |
200.00 |
|
Common Utilities |
512.20 |
491.66 |
(20.54 |
2,897.50 |
2,949.96 |
52.46 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
100.00 |
.00 |
(100.00) |
2,064.00 |
2,600.00 |
536.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
500.00 |
500.00 |
375.00 |
1500.00 |
1,125.00 |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
4,600.00 |
4,600.00 |
|
Maintenance |
100.00 |
500.00 |
400.00 |
2,439.00 |
8,700.00 |
6,261.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
2,305.00 |
1,364.00 |
(941.00) |
3,100.00 |
3,751.00 |
651.00 |
8,800.00 |
|
09611 |
Fertilizer |
720.00 |
.00 |
(720.00) |
720.00 |
400.00 |
(320.00) |
800.00 |
|
09612 |
Bed Maintenance
|
350.00 |
.00 |
(350.00) |
350.00 |
300.00 |
(50.00) |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09614 |
Comm Area Improve |
94.56 |
.00 |
(94.56) |
7,349.56 |
.00 |
(7,349.56) |
.00 |
|
09615 |
Misc Expenses |
8.46 |
.00 |
(8.46) |
558.46 |
200.00 |
(358.46) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
1940.00 |
1,500.00 |
(440.00) |
2,500.00 |
|
Contract Services |
3,487.02 |
1,364.00 |
(2,114.02) |
14,018.02 |
6,451.00 |
(7,567.02) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
10,315.72 |
5,968.15 |
(4,347.57) |
35,147.05 |
29,943.30 |
(5,203.75) |
47,717.40 |
|
Current Year Net
Income / Loss |
(8,132.42) |
(5,968.15) |
(2,164.27) |
12,631.00 |
18,356.70 |
(5,725.70) |
582.60 |
|