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|
Sep 04 Income Statement
Actual vs. Budget
For the Nine Months Ended September 30, 2004
| |
1/1/2004 |
- |
9/30/2004 |
| |
Actual |
Budget |
Difference |
| |
|
|
|
| INCOME |
|
|
|
| Assessments |
78,975.00 |
78,975.00 |
0 |
| Int Income Ops |
433.18 |
750.01 |
-316.83 |
| Newsletter Ads |
0 |
112.5 |
-112.5 |
| POA Packets |
225 |
187.51 |
37.49 |
| _DivInc |
524.34 |
375.02 |
149.32 |
| _IntInc |
2,481.34 |
4,664.25 |
-2,182.91 |
| TOTAL INCOME |
82,638.86 |
85,064.29 |
-2,425.43 |
| |
|
|
|
| EXPENSES |
|
|
|
| Accounting |
0 |
1,200.00 |
1,200.00 |
| Copying |
382.98 |
750.01 |
367.03 |
| Dues |
0 |
240.02 |
240.02 |
| Education |
298.3 |
150.02 |
-148.28 |
| Grounds Maint. |
23,796.55 |
25,320.01 |
1,523.46 |
| Insurance |
1,818.80 |
1,800.00 |
-18.8 |
| Legal |
459.37 |
1,125.00 |
665.63 |
| Maintenance |
0 |
750.01 |
750.01 |
| Meeting Space |
0 |
429.02 |
429.02 |
| Miscellaneous |
831.15 |
825.02 |
-6.13 |
| Newsletter |
144.22 |
900 |
755.78 |
| Postage |
268.86 |
493.51 |
224.65 |
| Reserves |
|
|
|
| Entrance Signs |
0 |
1,950.75 |
1,950.75 |
| Fence |
0 |
11,412.00 |
11,412.00 |
| TOTAL Reserves |
0 |
13,362.75 |
13,362.75 |
| Snow Removal |
1,930.00 |
2,250.00 |
320 |
| Supplies |
205.17 |
262.52 |
57.35 |
| Taxes -Other |
25 |
37.52 |
12.52 |
| Trash |
21,408.81 |
21,600.00 |
191.19 |
| Tree & Shrub |
3,857.62 |
12,397.50 |
8,539.88 |
| Website |
14.85 |
327.77 |
312.92 |
| TOTAL EXPENSES |
55,441.68 |
84,220.68 |
28,779.00 |
| |
|
|
|
| OVERALL TOTAL |
27,197.18 |
843.61 |
26,353.57 |
| |
|
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Sep 04 Balance Sheet
As of 9/30/2004
| ASSETS |
|
| Cash and Bank Accounts |
|
| Cash -Checking |
1,387.69 |
| Cash Capital Improvement Fund |
5,595.34 |
| Cash Depository |
52,708.15 |
| Cash on Hand |
0 |
| TOTAL Cash and Bank Accounts |
59,691.18 |
| |
|
| Other Assets |
|
| Accrued Interest |
0 |
| AR -Assessments |
1,135.00 |
| AR -Other |
78.24 |
| AR -Penalties |
1,800.00 |
| Prepaid Expense |
458.44 |
| Prepaid Taxes |
1,239.00 |
| TOTAL Other Assets |
4,710.68 |
| |
|
| Investments |
|
| Certificates of Deposit -Capital One |
60,924.30 |
| Certificates of Deposit -E*Trade |
25,437.27 |
| Schwab Investments |
170,739.09 |
| TOTAL Investments |
257,100.66 |
| |
|
| TOTAL ASSETS |
321,502.52 |
| |
|
| LIABILITIES |
|
| Other Liabilities |
|
| Account Payable |
0 |
| Deferred Assess Payable |
47,175.00 |
| Prepaid Assess |
0 |
| Prepaid Other |
0 |
| Taxes Payable |
0 |
| TOTAL Other Liabilities |
47,175.00 |
| |
|
| TOTAL LIABILITIES |
47,175.00 |
| |
|
| OVERALL TOTAL |
274,327.52 |
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