Highland Park H.O.A
Income/Expense statement
	Jul-08
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$0	$0	$0		$47,625	$48,000	($375)	$48,000
	Late Fees	$0	$0	$0		$250	$0	$250	$0
	Miscellaneous	$67	$83	($16)		$2,596	$583	$2,013	$1,000
	TOTAL	$67	$83	($16)		$50,471	$48,583	$1,888	$49,000
Expenses:
G&A
	Legal Fees	$0	$208	($208)		$0	$1,458	($1,458)	$2,500
	Accounting Fees	$0	$0	$0		$0	$350	($350)	$350
	Insurance	$0	$0	$0		$1,013	$1,100	($87)	$1,100
	Property Taxes	$0	$0	$0		$0	$100	($100)	$200
	Newsletters	$0	$42	($42)		$0	$292	($292)	$500
	Supplies	$0	$21	($21)		$48	$146	($98)	$250
	Postage	$0	$13	($13)		$1	$88	($87)	$150
	Printing	$0	$13	($13)		$24	$88	($64)	$150
	Bank Fees	$0	$0	$0		$6	$0	$6	$0
	WRCU fee	$640	$0	$640		$640	$1,280	($640)	$1,280
	Social events	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$40	$83	($43)		$258	$583	($326)	$1,000
	TOTAL	$680	$379	$301		$1,989	$5,484	($3,495)	$7,480
Utilities
	Electricty	$532	$467	$66		$3,203	$3,267	($63)	$5,600
	TOTAL	$532	$467	$66		$3,203	$3,267	($63)	$5,600
Common area maintenance
	Mowing	$1,901	$1,901	$0		$11,404	$11,404	$0	$15,500
	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	$1,901	$0		$11,404	$11,404	$0	$15,500
	Irrigation	$0	$0	$0		$70	$500	($430)	$1,000
	Halloween Décor	$0	$0	$0		$0	$0	$0	$250
	Christmas Décor	$0	$0	$0		$249	$250	($1)	$250
	Building Maintenance	$0	$0	$0		$90	$500	($411)	$500
	Miscellaneous	$0	$0	$0		$0	$250	($250)	$500
	TOTAL	$1,901	$1,901	$0		$11,813	$12,904	($1,091)	$18,000
Lake care
	Weed & Algae	$0	$0	$0		$781	$750	$31	$1,500
	Aeration	$0	$0	$0		$0	$20,000	($20,000)	$21,100
	Miscellaneous	$0	$0	$0		$0	$500	($500)	$3,500
	Electricty	$53	$500	($447)		$367	$2,240	($1,873)	$3,900
	TOTAL	$53	$500	($447)		$1,148	$23,490	($22,342)	$30,000
TOTAL EXPENSES		$3,167	$3,246	($80)		$18,153	$45,145	($26,991)	$61,080