| HIGHLAND PARK HOMEOWNERS ASSOCIATION | |||||
| Budget Report - December 31, 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 | $ 3,136.00 | $ 2,600.00 | $ 536.00 | |
| 20003 | Accounting Fees | $ 235.00 | $ 250.00 | $ (15.00) | |
| 20004 | Insurance | $ 1,029.00 | $ 1,400.00 | $ (371.00) | |
| 20005 | Property Taxes | $ 56.02 | $ 200.00 | $ (143.98) | |
| 20006 | Newsletters | $ - | $ 100.00 | $ (100.00) | |
| 20007 | Supplies | $ 256.87 | $ 550.00 | $ (293.13) | |
| 20008 | Postage | $ 109.21 | $ 225.00 | $ (115.79) | |
| 20009 | Printing | $ 82.68 | $ 100.00 | $ (17.32) | |
| 20010 | Bank Fees | $ 60.80 | $ 25.00 | $ 35.80 | |
| 20011 | Miscellaneous | $ 3,436.28 | $ 196.00 | $ 3,240.28 | |
| Total 20000 | $ 10,186.86 | $ 12,786.00 | $ (2,599.14) | ||
| 30000 | UTILITIES | Y-T-D Actual | 2004 Budget | Variance | |
| 30001 | Electricity | $ 9,754.29 | $ 15,750.00 | $ (5,995.71) | |
| TOTAL 30000 | $ 9,754.29 | $ 15,750.00 | $ (5,995.71) | ||
| 40000 | LANDSCAPING | Y-T-D Actual | 2004 Budget | Variance | |
| 40001 | Mowing | $ 2,745.00 | $ 5,075.00 | $ (2,330.00) | |
| 40002 | Mulching | $ 1,774.50 | $ 3,125.00 | $ (1,350.50) | |
| 40003 | Fertilization | $ 460.00 | $ 1,250.00 | $ (790.00) | |
| 40004 | Flowers | $ 2,627.77 | $ 2,000.00 | $ 627.77 | |
| 40005 | Irrigation | $ 1,655.53 | $ 1,000.00 | $ 655.53 | |
| 40006 | Miscellaneous | $ 2,159.07 | $ 650.00 | $ 1,509.07 | |
| TOTAL 40000 | $ 11,421.87 | $ 13,100.00 | $ (1,678.13) | ||
| 50000 | AMENTITIES | Y-T-D Actual | 2004 Budget | Variance | |
| 50001 | Lake Care | $ 1,358.70 | $ 3,720.00 | $ (2,361.30) | |
| 50002 | Fountains | $ - | $ 250.00 | $ (250.00) | |
| 50003 | Miscellaneous | $ 159.00 | $ 1,350.00 | $ (1,191.00) | |
| TOTAL 50000 | $ 1,517.70 | $ 5,320.00 | $ (3,802.30) | ||
| GRAND TOTAL EXPENSES | $ 32,880.72 | $ 46,956.00 | $ (14,075.28) | ||
| Prepared by: Dennis O'Toole - 1/1/05 | |||||