Highland Park H.O.A
Income/Expense statement
	May-08
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$750	$0	$750		$47,825	$48,000	($175)	$48,000
	Late Fees	$25	$0	$25		$50	$0	$50	$0
	Miscellaneous	$71	$83	($13)		$496	$417	$79	$1,000
	TOTAL	$846	$83	$762		$48,371	$48,417	($46)	$49,000
Expenses:
G&A
	Legal Fees	$0	$208	($208)		$0	$1,042	($1,042)	$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	$100	($100)		$0	$100	($100)	$200
	Newsletters	$0	$42	($42)		$0	$208	($208)	$500
	Supplies	$0	$21	($21)		$48	$104	($56)	$250
	Postage	$0	$13	($13)		$1	$63	($62)	$150
	Printing	$0	$13	($13)		$24	$63	($39)	$150
	Bank Fees	$0	$0	$0		$6	$0	$6	$0
	WRCU fee	$0	$0	$0		$0	$1,280	($1,280)	$1,280
	Social events	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$10	$83	($73)		$207	$417	($210)	$1,000
	TOTAL	$10	$479	($469)		$1,298	$4,726	($3,428)	$7,480
Utilities
	Electricty	$440	$467	($26)		$2,229	$2,333	($104)	$5,600
	TOTAL	$440	$467	($26)		$2,229	$2,333	($104)	$5,600
Common area maintenance
	Mowing	$1,901	$1,901	$0		$7,603	$7,603	$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		$7,603	$7,603	$0	$15,500
	Irrigation	$70	$0	$70		$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	$0	$90	$500
	Miscellaneous	$0	$0	$0		$0	$250	($250)	$500
	TOTAL	$1,971	$1,901	$70		$8,011	$8,603	($591)	$18,000
Lake care
	Weed & Algae	$781	$750	$31		$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	$69	$500	($431)		$248	$1,240	($992)	$3,900
	TOTAL	$850	$1,250	($400)		$1,029	$22,490	($21,461)	$30,000
TOTAL EXPENSES		$3,272	$4,096	($825)		$12,568	$38,152	($25,584)	$61,080