Highland Park H.O.A
Income/Expense statement
	May-09						2008
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$3,500	$0	$3,500		$43,775	$44,800	($1,025)	$44,800
	Late Fees	$0	$0	$0		$25	$0	$25	$0
	Miscellaneous	$2	$83	($81)		$4,619	$417	$4,202	$1,000
	TOTAL	$3,502	$83	$3,419		$48,419	$45,217	$3,202	$45,800
Expenses:
G&A
	Legal Fees	$0	$167	($167)		$0	$833	($833)	$2,000
	Accounting Fees	$250	$0	$250		$1,250	$0	$1,250	$0
	Insurance	$0	$0	$0		$1,012	$1,100	($88)	$1,100
	Property Taxes	$0	$100	($100)		$303	$100	$203	$200
	Newsletters	$0	$21	($21)		$0	$104	($104)	$250
	Supplies	$0	$13	($13)		$28	$63	($34)	$150
	Postage	$0	$13	($13)		$25	$63	($37)	$150
	Printing	$0	$13	($13)		$0	$63	($63)	$150
	Bank Fees	$0	$0	$0		$10	$0	$10	$0
	WRCU fee	$0	$0	$0		$640	$0	$640	$640
	Social events	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$11	$83	($73)		$232	$417	($185)	$1,000
	TOTAL	$261	$408	($148)		$3,500	$2,742	$759	$5,640
Utilities
	Electricty	$441	$467	($25)		$2,248	$2,333	($85)	$0
	TOTAL	$441	$467	($25)		$2,248	$2,333	($85)	$0
Common area maintenance
	Mowing	$2,059	$2,059	$0		$8,235	$8,235	$0	$0
	Mulching	$0	$0	$0		$0	$0	$0	$16,470
	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	$2,059	$2,059	$0		$8,235	$8,235	$0	$16,470
	Irrigation	$0	$0	$0		$0	$500	($500)	$16,470
	Halloween Décor	$0	$0	$0		$0	$0	$0	$1,000
	Christmas Décor	$0	$0	$0		$136	$250	($114)	$250
	Building Maintenance	$775	$0	$775		$775	$0	$775	$250
	Miscellaneous	$0	$0	$0		$0	$250	($250)	$0
	TOTAL	$2,834	$2,059	$775		$9,146	$9,235	($89)	$34,440
Lake care
	Weed & Algae	$0	$750	($750)		$861	$750	$111	$0
	Aeration	$11,698	$0	$11,698		$11,698	$12,012	($314)	$1,500
	Miscellaneous	$0	$0	$0		$700	$500	$200	$13,112
	Electricty	$388	$500	($112)		$673	$1,060	($387)	$3,500
	TOTAL	$12,086	$1,250	$10,836		$13,932	$14,322	($390)	$18,112
TOTAL EXPENSES		$15,621	$4,184	$11,438		$28,826	$28,632	$194	$58,192