Highland Park H.O.A
Income/Expense statement
			May				2010
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$350	$0	$350		$42,000	$44,800	($2,800)	$44,800
	Late Fees	$0	$0	$0		$50	$0	$50	$0
	Miscellaneous	$3	$2	$1		$622	$10	$611	$25
	TOTAL	$353	$2	$351		$42,672	$44,810	($2,139)	$44,825
Expenses:
G&A
	Legal Fees	$0	$83	($83)		$0	$417	($417)	$1,000
	Accounting Fees	$0	$250	($250)		$1,000	$1,250	($250)	$3,000
	Insurance	$0	$0	$0		$1,042	$1,100	($58)	$1,100
	Property Taxes	$0	$0	$0		$0	$0	$0	$0
	Newsletters	$0	$21	($21)		$0	$104	($104)	$250
	Supplies	$0	$13	($13)		$11	$63	($52)	$150
	Postage	$0	$0	$0		$60	$150	($90)	$150
	Printing	$0	$50	($50)		$0	$100	($100)	$150
	Bank Fees	$0	$0	$0		$0	$0	$0	$0
	WRCU fee	$0	$0	$0		$0	$640	($640)	$640
	Social events	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$0	$42	($42)		$154	$208	($54)	$500
	TOTAL	$0	$458	($458)		$2,267	$4,032	($1,764)	$6,940
Utilities
	Electricty	$449	$500	($51)		$2,266	$2,500	($234)	$6,000
	TOTAL	$449	$500	($51)		$2,266	$2,500	($234)	$6,000
Common area maintenance
	Mowing	$2,059	$2,125	($66)		$8,235	$8,500	($265)	$17,000
	Mulching	$0	$0	$0		$0	$0	$0	$0
	Fertilization etc.	$0	$0	$0		$0	$0	$0	$0
	Flowers	$0	$0	$0		$222	$0	$222	$0
	Weeding	$0	$0	$0		$0	$0	$0	$0
	SUB TOTAL	$2,059	$2,125	($66)		$8,457	$8,500	($43)	$17,000
	Irrigation	$0	$0	$0		$0	$250	($250)	$500
	Halloween Décor	$0	$0	$0		$0	$0	$0	$325
	Christmas Décor	$0	$0	$0		$125	$500	($375)	$500
	Building Maintenance	$120	$0	$120		$120	$0	$120	$1,500
	Miscellaneous	$0	$0	$0		$0	$250	($250)	$500
	TOTAL	$2,179	$2,125	$54		$8,702	$9,500	($798)	$20,325
Lake care
	Weed & Algae	$0	$0	$0		$1,697	$1,000	$697	$2,000
	Aeration	$0	$0	$0		$0	$1,000	($1,000)	$2,000
	Miscellaneous	$0	$0	$0		$0	$500	($500)	$3,500
	Electricty	$565	$400	$165		$2,037	$715	$1,322	$4,500
	TOTAL	$565	$400	$165		$3,734	$3,215	$519	$12,000
TOTAL EXPENSES		$3,193	$3,483	($290)		$16,971	$19,247	($2,276)	$45,265