|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 08/01/07 - 08/30/07
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
1,707.72 |
.00 |
1,707.72 |
47,116.27 |
48,300.00 |
(1,183.73) |
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 |
150.00 |
.00 |
150.00 |
1,575.00 |
.00 |
1,575.00 |
.00 |
| 06350 |
Legal Fee
Reimb |
.00 |
.00 |
.00 |
994.00 |
.00 |
994.00 |
.00 |
| 06351 |
Filing
Fees |
140.50 |
.00 |
140.50 |
1,219.46 |
.00 |
1,219.46 |
.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 |
18.47 |
.00 |
18.87 |
139.95 |
.00 |
139.95 |
.00 |
|
Subtotal Income |
2,016.69 |
.00 |
2,016.69 |
50,923.68 |
48,300.00 |
2,623.68 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
1,800.00 |
1,800.00 |
00 |
2,600.00 |
| 07160 |
Legal
Fee |
78.00 |
.00 |
(78.00) |
3,596.00 |
3,500.00 |
(96.00) |
5,000.00 |
| 07250 |
Bank
Charges |
10.00 |
.00 |
(10.00) |
40.00 |
.00 |
(40.00) |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
308.09 |
333.28 |
25.19 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,924.00 |
1,900.00 |
(24.00) |
1,900.00 |
| 07320 |
Office
Supplies |
74.67 |
100.00 |
25.33 |
768.20 |
800.00 |
31.80 |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
167.40 |
167.40 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
.00 |
20.83 |
20.83 |
222.35 |
166.64 |
(55.71) |
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 |
110.00 |
.00 |
(110.00) |
260.00 |
.00 |
(260.00) |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
2,543.74 |
250.00 |
(2,293.74) |
250.00 |
| 07990 |
Bad
Debt Expenses |
165.55 |
.00 |
(165.55) |
5,792.49 |
1,500.00 |
(4,292.94) |
3000.00 |
|
General & Administrative
|
773.22 |
362.49 |
(410.73) |
17,652.27 |
12,567.32 |
(5,084.95) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
437.06 |
475.00 |
37.94 |
3,480.30 |
3,800.00 |
319.70 |
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 |
133.28 |
(77.04) |
200.00 |
|
Common Utilities |
437.06 |
491.66 |
54.60 |
3,771.62 |
,3933.28 |
161.66 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
175..00 |
.00 |
(175.00) |
4,984.00 |
2,600.00 |
(2,384.00) |
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 |
175.00 |
.00 |
(175.00) |
5,359.00 |
8,700.00 |
3,341.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
620.00 |
1,021.00 |
410.00 |
4,960.00 |
5,795.00 |
835.00 |
8,800.00 |
|
09611 |
Fertilizer |
75.00 |
.00 |
(75.00) |
795.00 |
400.00 |
(395.00) |
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 |
695.00 |
1.021.00 |
326.00 |
15,953.02 |
8,495.00 |
(7,458.02) |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
2,080.28 |
1,875.15 |
(205.13) |
42,735.91 |
33,695.60 |
(9,040.31) |
47,717.40 |
|
Current Year Net
Income / Loss |
(63.59) |
(1,875.15) |
1,811.56 |
8,187.77 |
14,604.40 |
(6,416.63) |
582.60 |
|