Highland Park H.O.A
Income/Expense statement
	Jun-09						2008
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$700	$0	$700		$44,475	$44,800	($325)	$44,800
	Late Fees	$25	$0	$25		$50	$0	$50	$0
	Miscellaneous	$103	$83	$19		$4,721	$500	$4,221	$1,000
	TOTAL	$828	$83	$744		$49,246	$45,300	$3,946	$45,800
Expenses:
G&A
	Legal Fees	$0	$167	($167)		$0	$1,000	($1,000)	$2,000
	Accounting Fees	$250	$0	$250		$1,500	$0	$1,500	$0
	Insurance	$0	$0	$0		$1,012	$1,100	($88)	$1,100
	Property Taxes	$25	$0	$25		$328	$100	$228	$200
	Newsletters	$0	$21	($21)		$0	$125	($125)	$250
	Supplies	$0	$13	($13)		$28	$75	($47)	$150
	Postage	$10	$13	($3)		$35	$75	($40)	$150
	Printing	$0	$13	($13)		$0	$75	($75)	$150
	Bank Fees	$0	$0	$0		$10	$0	$10	$0
	WRCU fee	$0	$640	($640)		$640	$640	$0	$640
	Social events	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$11	$83	($73)		$243	$500	($257)	$1,000
	TOTAL	$295	$948	($653)		$3,795	$3,690	$105	$5,640
Utilities
	Electricty	$443	$467	($24)		$2,691	$2,800	($109)	$0
	TOTAL	$443	$467	($24)		$2,691	$2,800	($109)	$0
Common area maintenance
	Mowing	$2,059	$2,059	$0		$10,294	$10,294	$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		$10,294	$10,294	$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	$0	$0	$0		$775	$0	$775	$250
	Miscellaneous	$0	$0	$0		$0	$250	($250)	$0
	TOTAL	$2,059	$2,059	$0		$11,205	$11,294	($89)	$34,440
Lake care
	Weed & Algae	$0	$0	$0		$861	$750	$111	$0
	Aeration	$0	$0	$0		$11,698	$12,012	($314)	$1,500
	Miscellaneous	$0	$0	$0		$700	$500	$200	$13,112
	Electricty	$548	$500	$48		$1,221	$1,560	($339)	$3,500
	TOTAL	$548	$500	$48		$14,480	$14,822	($342)	$18,112
TOTAL EXPENSES		$3,345	$3,974	($629)		$32,171	$32,606	($435)	$58,192