Highland Park H.O.A
Income/Expense statement
May, 2005
   estimate current period year-to-date Annual
Description Actual Budget Variance Actual Budget Variance Budget
Income:
Dues $0.00 $0.00 $0.00 $31,250.00 $32,000.00 (750.00) $32,000.00
Late Fees $0.00 $0.00 $0.00 $25.00 $0.00 25.00 $0.00
Miscellaneous $38.07 $0.00 $38.07 $566.71 $0.00 566.71 $0.00
TOTAL INCOME $38.07 $0.00 $38.07 $31,841.71 $32,000.00 (158.29) $32,000.00
Expenses:
G&A
Legal Fees $0.00 $287.47 ($287.47) $1,720.48 $1,437.33 283.15 $3,449.60
Accounting Fees $0.00 $21.54 ($21.54) $0.00 $107.71 (107.71) $258.50
Insurance  $0.00 $0.00 $0.00 $1,040.00 $1,631.90 (591.90) $1,631.90
Property Taxes $0.00 $30.81 ($30.81) $52.92 $30.81 22.11 $61.62
Newsletters $0.00 $0.00 $0.00 $166.42 $250.00 (83.58) $500.00
Supplies $0.00 $22.29 ($22.29) $38.12 $111.43 (73.31) $267.43
Postage $0.00 $10.01 ($10.01) $0.00 $50.05 (50.05) $120.13
Printing $0.00 $83.33 ($83.33) $0.00 $416.67 (416.67) $1,000.00
Bank Fees $8.00 $0.00 $8.00 $8.00 $0.00 8.00 $0.00
Welcome Baskets $137.80 $54.17 $83.63 $137.80 $270.83 (133.03) $650.00
Social events $45.00 $0.00 $45.00 $45.00 $0.00 45.00 $500.00
Miscellaneous $10.47 $120.57 ($110.10) $1,846.74 $602.83 1,243.91 $1,446.80
TOTAL G&A $201.27 $630.18 ($428.91) $5,055.48 $4,909.57 145.91 $9,885.99
Utilities
Electricty $454.63 $625.00 ($170.37) $2,210.50 $3,125.00 (914.50) $7,500.00
TOTAL UTILITIES $454.63 $625.00 ($170.37) $2,210.50 $3,125.00 (914.50) $7,500.00
Lawn Care
Mowing $300.00 $400.50 ($100.50) $300.00 $801.00 (501.00) $3,204.00
Mulching $0.00 $0.00 $0.00 $1,175.00 $1,951.95 (776.95) $1,951.95
Fertilization etc. $0.00 $0.00 $0.00 $200.00 $276.00 (76.00) $552.00
Flowers $1,200.00 $0.00 $1,200.00 $1,200.00 $963.52 236.48 $2,890.55
Weeding $0.00 $150.00 ($150.00) $0.00 $300.00 (300.00) $900.00
Irrigation $0.00 $500.00 ($500.00) $60.00 $500.00 (440.00) $1,500.00
Halloween Décor $0.00 $0.00 $0.00 $0.00 $0.00 $250.00
Christmas Décor $0.00 $0.00 $0.00 $150.80 $0.00 150.80 $500.00
Miscellaneous $0.00 $78.41 ($78.41) $625.00 $392.03 232.97 $940.88
TOTAL LAWN CARE $1,500.00 $1,128.91 $371.09 $3,710.80 $5,184.50 (1,473.70) $12,689.38
Amenities
Lake Care $546.43 $0.00 $546.43 $546.43 $544.69 $1,089.39
Miscellaneous $0.00 $69.60 ($69.60) $0.00 $348.02 (348.02) $835.25
Fountains $0.00 $0.00 $0.00 $700.00 $0.00 $0.00
TOTAL AMENITIES $546.43 $69.60 $476.83 $1,246.43 $892.71 (348.02) $1,924.64
TOTAL EXPENSES $2,702.33 $2,453.69 $248.64 $12,223.21 $14,111.78 $2,590.31 $32,000.00