Highland Park H.O.A
Income/Expense statement
	May-07
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$750	$0	$750		$47,990	$48,000	($10)	$48,000
	Late Fees	$50	$0	$50		$75	$0	$75	$0
	Miscellaneous	$201	$83	$118		$2,319	$417	$1,902	$1,000
	TOTAL	$1,001	$83	$918		$50,384	$48,417	$1,967	$49,000
Expenses:
G&A
	Legal Fees	$0	$208	($208)		$0	$1,042	($1,042)	$2,500
	Accounting Fees	$0	$0	$0		$0	$0	$0	$0
	Insurance	$0	$0	$0		$999	$1,100	($101)	$1,100
	Property Taxes	$0	$60	($60)		$59	$60	($1)	$120
	Newsletters	$0	$42	($42)		$0	$208	($208)	$500
	Supplies	$0	$21	($21)		$24	$104	($80)	$250
	Postage	$0	$13	($13)		$34	$63	($29)	$150
	Printing	$0	$42	($42)		$19	$208	($189)	$500
	Bank Fees	$0	$0	$0		$0	$0	$0	$0
	WRCU fee	$0	$0	$0		$0	$1,100	($1,100)	$1,100
	Social events	$0	$0	$0		$0	$0	$0	$500
	Miscellaneous	$10	$158	($148)		$232	$792	($560)	$1,900
	TOTAL	$10	$543	($533)		$1,366	$4,677	($3,310)	$8,620
Utilities
	Electricty	$387	$333	$54		$1,990	$1,667	$324	$4,000
	TOTAL	$387	$333	$54		$1,990	$1,667	$324	$4,000
Common area maintenance
	Mowing	$1,901	$2,500	($599)		$7,603	$2,500	$5,103	$15,000
	Mulching	$0	$0	$0		$0	$0	$0	$0
	Fertilization etc.	$0	$0	$0		$0	$0	$0	$0
	Flowers	$0	$0	$0		$0	$0	$0	$0
	Weeding	$0	$0	$0		$0	$0	$0	$0
	SUB TOTAL	$1,901	$2,500	($599)		$7,603	$2,500	$5,103	$15,000
	Irrigation	$0	$0	$0		$0	$350	($350)	$700
	Halloween Décor	$0	$0	$0		$0	$0	$0	$0
	Christmas Décor	$0	$0	$0		$150	$0	$150	$500
	Building Maintenance	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$0	$0	$0		$0	$1,000	($1,000)	$2,000
	TOTAL	$1,901	$2,500	($599)		$7,753	$3,850	$3,903	$18,200
Lake care
	Weed & Algae	$737	$2,250	($1,513)		$1,473	$2,250	($777)	$4,500
	Aeration	$0	$0	$0		$0	$2,500	($2,500)	$3,500
	Miscellaneous	$0	$0	$0		$350	$500	($150)	$1,000
	Electricty	$43	$350	($307)		$218	$1,000	($782)	$3,500
	TOTAL	$780	$2,600	($1,820)		$2,042	$6,250	($4,208)	$12,500
TOTAL EXPENSES		$3,078	$5,977	($2,899)		$13,151	$16,443	($3,293)	$43,320