| HIGHLAND PARK HOMEOWNERS ASSOCIATION | |||||
| Budget Report - September 30, 2004 | |||||
| REVENUES | |||||
| 10000 | GENERAL REVENUES | Y-T-D Actual | 2004 Budget | Variance | |
| 10001 | Assessments | $ 51,794.18 | $ 47,360.00 | $ 4,434.18 | |
| 10002 | Late Fees | $ 300.00 | $ - | $ 300.00 | |
| 10003 | Outstanding | $ - | $ - | $ - | |
| 10004 | Miscellaneous | $ 87.50 | $ - | $ 87.50 | |
| TOTAL 10000 | $ 52,181.68 | $ 47,360.00 | $ 4,821.68 | ||
| GRAND TOTAL REVENUES | $ 52,181.68 | $ 47,360.00 | $ 4,821.68 | ||
| EXPENSES | |||||
| 20000 | GENERAL MGMT & ADMIN | Y-T-D Actual | 2004 Budget | Variance | |
| 20001 | Management Fees | $ 1,785.00 | $ 7,140.00 | $ (5,355.00) | |
| 20002 | Legal Fees | $ 2,673.50 | $ 2,600.00 | $ 73.50 | |
| 20003 | Accounting Fees | $ 235.00 | $ 1,400.00 | $ (1,165.00) | |
| 20004 | Insurance | $ 1,029.00 | $ 550.00 | $ 479.00 | |
| 20005 | Property Taxes | $ - | $ 250.00 | $ (250.00) | |
| 20006 | Newsletters | $ - | $ 225.00 | $ (225.00) | |
| 20007 | Supplies | $ 243.12 | $ 200.00 | $ 43.12 | |
| 20008 | Postage | $ 109.21 | $ 196.00 | $ (86.79) | |
| 20009 | Printing | $ 62.33 | $ 100.00 | $ (37.67) | |
| 20010 | Bank Fees | $ 60.80 | $ 100.00 | $ (39.20) | |
| 20011 | Miscellaneous | $ 508.17 | $ 25.00 | $ 483.17 | |
| Total 20000 | $ 6,706.13 | $ 12,786.00 | $ (6,079.87) | ||
| 30000 | UTILITIES | Y-T-D Actual | 2004 Budget | Variance | |
| 30001 | Electricity | $ 8,168.43 | $ 15,750.00 | $ (7,581.57) | |
| TOTAL 30000 | $ 8,168.43 | $ 15,750.00 | $ (7,581.57) | ||
| 40000 | LANDSCAPING | Y-T-D Actual | 2004 Budget | Variance | |
| 40001 | Mowing | $ 1,995.00 | $ 5,075.00 | $ (3,080.00) | |
| 40002 | Mulching | $ 1,739.50 | $ 3,125.00 | $ (1,385.50) | |
| 40003 | Fertilization | $ 250.00 | $ 2,000.00 | $ (1,750.00) | |
| 40004 | Flowers | $ 2,167.77 | $ 1,250.00 | $ 917.77 | |
| 40005 | Irrigation | $ 1,595.53 | $ 1,000.00 | $ 595.53 | |
| 40006 | Miscellaneous | $ 665.00 | $ 650.00 | $ 15.00 | |
| TOTAL 40000 | $ 8,412.80 | $ 13,100.00 | $ (4,687.20) | ||
| 50000 | AMENTITIES | Y-T-D Actual | 2004 Budget | Variance | |
| 50001 | Lake Care | $ 990.35 | $ 3,720.00 | $ (2,729.65) | |
| 50002 | Fountains | $ - | $ 1,350.00 | $ (1,350.00) | |
| 50003 | Miscellaneous | $ 159.00 | $ 250.00 | $ (91.00) | |
| TOTAL 50000 | $ 1,149.35 | $ 5,320.00 | $ (4,170.65) | ||
| GRAND TOTAL EXPENSES | $ 24,436.71 | $ 46,956.00 | $ (22,519.29) | ||
| Prepared by: Dennis O'Toole - 10/6/04 | |||||