Highland Park H.O.A
Income/Expense statement
	Aug-07
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$0	$0	$0		$47,990	$48,000	($10)	$48,000
	Late Fees	$0	$0	$0		$75	$0	$75	$0
	Miscellaneous	$141	$83	$57		$2,789	$667	$2,122	$1,000
	TOTAL	$141	$83	$57		$50,854	$48,667	$2,187	$49,000
Expenses:
G&A
	Legal Fees	$0	$208	($208)		$0	$1,667	($1,667)	$2,500
	Accounting Fees	$0	$0	$0		$0	$0	$0	$0
	Insurance	$0	$0	$0		$999	$1,100	($101)	$1,100
	Property Taxes	$90	$0	$90		$149	$60	$89	$120
	Newsletters	$0	$42	($42)		$0	$333	($333)	$500
	Supplies	$0	$21	($21)		$24	$167	($143)	$250
	Postage	$0	$13	($13)		$62	$100	($38)	$150
	Printing	$0	$42	($42)		$19	$333	($314)	$500
	Bank Fees	$62	$0	$62		$62	$0	$62	$0
	WRCU fee	$0	$0	$0		$1,280	$1,100	$180	$1,100
	Social events	$0	$0	$0		$0	$250	($250)	$500
	Miscellaneous	$298	$158	$140		$551	$1,267	($716)	$1,900
	TOTAL	$451	$483	($33)		$3,146	$6,377	($3,230)	$8,620
Utilities
	Electricty	$521	$333	$188		$3,386	$2,667	$719	$4,000
	TOTAL	$521	$333	$188		$3,386	$2,667	$719	$4,000
Common area maintenance
	Mowing	$1,901	$2,500	($599)		$15,205	$10,000	$5,205	$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)		$15,205	$10,000	$5,205	$15,000
	Irrigation	$0	$0	$0		$90	$350	($260)	$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	$1,000	($1,000)		$0	$2,000	($2,000)	$2,000
	TOTAL	$1,901	$3,500	($1,599)		$15,445	$12,350	$3,095	$18,200
Lake care
	Weed & Algae	$0	$0	$0		$1,473	$2,250	($777)	$4,500
	Aeration	$0	$0	$0		$3,480	$2,500	$980	$3,500
	Miscellaneous	$0	$0	$0		$350	$500	($150)	$1,000
	Electricty	$85	$375	($290)		$474	$2,075	($1,601)	$3,500
	TOTAL	$85	$375	($290)		$5,777	$7,325	($1,548)	$12,500
TOTAL EXPENSES		$2,957	$4,692	($1,734)		$27,754	$28,718	($964)	$43,320