|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 07/01/07 - 07/30/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,010.50 |
.00 |
1,010.50 |
45,408.55 |
48,300.00 |
(2,891.45) |
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 |
100.00 |
.00 |
100.00 |
1,375.00 |
.00 |
1,375.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
994.00 |
.00 |
994.00 |
.00 |
| 06351 |
Filing
Fees |
.00 |
.00 |
.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 |
18.44 |
.00 |
18.84 |
121.48 |
.00 |
121.48 |
.00 |
|
Subtotal Income |
1,128.94 |
.00 |
1,128.94 |
48,906.99 |
48,300.00 |
606.99 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
1,575.00 |
1,600.00 |
25.00 |
2,600.00 |
| 07160 |
Legal
Fee |
277.00 |
.00 |
(277.00) |
3,518.00 |
3,500.00 |
18.00 |
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 |
291.62 |
(16.47) |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,924.00 |
1,900.00 |
(24.00) |
1,900.00 |
| 07320 |
Office
Supplies |
.00 |
100.00 |
100.00 |
693.53 |
700.00 |
6.47 |
1,200.00 |
| 07325 |
Website |
167.40 |
.00 |
(167.40) |
167.40 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.83 |
20.83 |
222.35 |
145.81 |
(76.54) |
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 |
.00 |
.00 |
.00 |
2,543.74 |
250.00 |
(2,293.74) |
250.00 |
| 07990 |
Bad
Debt Expenses |
267.12 |
.00 |
(267.12) |
5,626.94 |
1,500.00 |
(4,126.94) |
3000.00 |
|
General & Administrative
|
1,086.52 |
362.49 |
(724.03) |
16,879.05 |
12,204.83 |
(4,674.22) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
3,043.24 |
3,325.00 |
281.76 |
5,700.00 |
|
08935 |
Stormwater Mgmt Fee |
00 |
00 |
.00 |
81.00 |
.00 |
(81.00) |
.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
210.32 |
116.62 |
(93.70) |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
54.60 |
3,334.56 |
3,441.62 |
107.06 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
2,745.00 |
.00 |
(2,745.00) |
4,809.00 |
2,600.00 |
(2,209.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.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 |
2,745.00 |
.00 |
(2,745.00) |
5,184.00 |
8,700.00 |
3,516.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
1,240.00 |
1,023.00 |
(217.00) |
4,340.00 |
4,774.00 |
434.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
720.00 |
400.00 |
(320.00) |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.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 |
.00 |
.00 |
.00 |
7,349.56 |
.00 |
(7,349.56) |
.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
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 |
1,240.00 |
1.023.00 |
(217.00) |
15,258.02 |
7,474.00 |
(7,784.02) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
5,508.58 |
1,877.15 |
(3,631.43) |
40,655.63 |
31,820.45 |
(8,835.18) |
47,717.40 |
|
Current Year Net
Income / Loss |
(4,379.64) |
(1,877.15) |
(2,502.49) |
8,251.36 |
16,479.55 |
(8,228.19) |
582.60 |
|