|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 1/01/08 - 1/31/08
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,003.17 |
.00 |
2,003.17 |
2003.17 |
.00 |
2,003.17 |
48,330.00 |
| 06340 |
Late Fee
Income |
99.00 |
.00 |
99.00 |
99.00 |
.00 |
99.00 |
.00 |
| 06351 |
Filing
Fees |
433.00 |
.00 |
433.00 |
433.00 |
.00 |
433.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
(156.00) |
.00 |
(156.00) |
(156.00) |
.00 |
(156.00) |
.00 |
| 06910 |
Interest
Income |
18.54 |
.00 |
18.54 |
18.54 |
.00 |
18.54 |
.00 |
|
Subtotal Income |
2,397.71 |
.00 |
2,397.71 |
2,397.71 |
.00 |
2,397.71 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
225.00 |
200.00 |
(25.00) |
2,600.00 |
| 07160 |
Legal
Fee |
.00 |
500.00 |
500.00 |
.00 |
500.00 |
500.00 |
5,000.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
41.66 |
41.66 |
500.00 |
| 07280 |
Insurance |
4.00 |
.00 |
(4.00) |
4.00 |
.00 |
(4.00) |
1,900.00 |
| 07320 |
Office
Supplies |
.00 |
100.00 |
100.00 |
.00 |
100.00 |
100.00 |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Repro |
36.36 |
20.83 |
(15.53 |
36.36 |
20.83 |
(15.53) |
250.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4000.00 |
| 07423 |
Business
Entity Rept |
.00 |
.00 |
.00 |
10.00 |
.00 |
(10.00) |
.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
150.00 |
| 07431 |
Community Events |
30.00 |
.00 |
(30.85) |
30.85 |
.00 |
(30.85 |
250.00 |
| 07435 |
Community
Signs |
.00 |
.00 |
.00 |
260.00 |
.00 |
(260.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
332.37 |
.00 |
(332.37) |
332.37 |
.00 |
(332.37) |
3000.00 |
|
General & Administrative
|
628.58 |
862.49 |
233.91 |
628.58 |
862.49 |
233.91 |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
469.41 |
475.00 |
5.59 |
469.41 |
475.00 |
5.59 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
16.66 |
16.66 |
200.00 |
|
Common Utilities |
469.41 |
491.66 |
22.25 |
468.41 |
491.66 |
22.25 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
|
Maintenance |
00 |
.00 |
.00 |
.00 |
.00 |
.00 |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
.00 |
.00 |
00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
300.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
200.00 |
|
09800 |
Snow Removal |
.00 |
1500.00 |
1,500.00 |
.00 |
1,500.00 |
1,500.00 |
2,500.00 |
|
Contract Services |
.00 |
1,500.00 |
1,500.00 |
.00 |
1,500.00 |
1,500.00 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
1,097.99 |
2,854.15 |
1,756.16 |
1,097.99 |
2,854.15 |
1,756.16 |
47,717.40 |
|
Current Year Net
Income / Loss |
1,299.72 |
(2,854.15) |
4,153.87 |
1,299.72 |
(2,854.15) |
4,153.87 |
582.60 |
|
