|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 2/01/08 - 2/28/08
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
13,155.66 |
.00 |
13,155.66 |
15,158.83 |
.00 |
15,158.83 |
48,330.00 |
| 06315 |
Home
Cleanup / Repair |
40.00 |
.00 |
40.00 |
40.00 |
.00 |
40.00 |
.00 |
| 06340 |
Late Fee
Income |
.00 |
.00 |
.00 |
99.00 |
.00 |
99.00 |
.00 |
| 06351 |
Filing
Fees |
52.00 |
.00 |
52.00 |
52.00 |
.00 |
52.00 |
.00 |
| 06430 |
Assmts
Paid in Advance |
6.26 |
.00 |
6.26 |
(149.74) |
.00 |
(149.74) |
.00 |
| 06910 |
Interest
Income |
.00 |
.00 |
.00 |
18.54 |
.00 |
18.54 |
.00 |
|
Subtotal Income |
13,253.92 |
.00 |
13,253.92 |
15,158.83 |
.00 |
15,651.63 |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07020 |
Accounting Fees |
225.00 |
200.00 |
(25.00) |
450.00 |
400.00 |
(50.00) |
2,800.00 |
| 07160 |
Legal
Fee |
.00 |
.00 |
.00 |
.00 |
1000.00 |
1000.00 |
4,000.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
83.32 |
83.32 |
458.26 |
| 07280 |
Insurance |
.00 |
2,000.00 |
2,000.00) |
4.00 |
2,000.00 |
1,996.00 |
2,000.00 |
| 07300 |
Post
Office Box |
68.00 |
.00 |
(68.00) |
68.00 |
.00 |
(68.00) |
.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 |
291.79 |
25.83 |
(265.96) |
328.15 |
51.66 |
(276.49) |
275.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4000.00 |
| 07423 |
Business
Entity Rept |
10.00 |
.00 |
(10.00) |
10.00 |
10.00 |
.00 |
10.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07431 |
Community Events |
.00 |
208.33 |
208.33 |
30.85 |
416.66 |
385.81 |
2,500.00 |
| 07435 |
Community
Signs |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 07990 |
Bad
Debt Expenses |
.00 |
.00 |
.00 |
332.37 |
.00 |
(332.37) |
3000.00 |
|
General & Administrative
|
594.79 |
2,575.82 |
1,981.03 |
1,223.37 |
4,261.64 |
3,038.27 |
20,760.66 |
| |
|
Common Utilities |
|
08910 |
Electricity |
469.41 |
475.00 |
5.59 |
469.41 |
475.00 |
5.59 |
5,700.00 |
|
08915 |
Street Lighting Install |
.00 |
.00 |
.00 |
.00 |
1,000.00 |
1,000.00 |
1,000.00 |
|
08935 |
Storm Mgmt Fee |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
122.60 |
|
08990 |
Telephone |
.00 |
52.08 |
52.08 |
.00 |
104.16 |
104.16 |
625.00 |
|
Common Utilities |
469.41 |
527.08 |
57.67 |
938.82 |
2,054.16 |
1,115.34 |
7,447.60 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,800.00 |
|
09010 |
Tree Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
1,000.00 |
|
09021 |
Fence Repair |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
|
Maintenance |
00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,050.00 |
|
|
|
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 |
|
09614 |
Common Area Improve |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,000.00 |
|
09615 |
Misc Expenses |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
500.00 |
|
09616 |
HO Cleanup & Repair |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
200.00 |
|
09700 |
Trash Removal |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
500.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
.00 |
1,500.00 |
1,500.00 |
2,700.00 |
|
Contract Services |
.00 |
00 |
.00 |
.00 |
1,500.00 |
1,500.00 |
18,000.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
2,000.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
1,064.20 |
3,102.90 |
2,038.70 |
2,162.19 |
9,815.80 |
7,653.61 |
48,300.00 |
|
Current Year Net
Income / Loss |
12,189.72 |
(3,102.90) |
15,292.62 |
13,489.44 |
(9,815.80) |
23,305.24 |
(3,958.26) |
|
