Highland Park H.O.A
Income/Expense statement
			July				2010
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$700	$0	$700		$43,400	$44,800	($1,400)	$44,800
	Late Fees	$0	$0	$0		$75	$0	$75	$0
	Miscellaneous	$3	$2	$0		$627	$15	$613	$25
	TOTAL	$703	$2	$700		$44,102	$44,815	($712)	$44,825
Expenses:
G&A
	Legal Fees	$0	$83	($83)		$0	$583	($583)	$1,000
	Accounting Fees	$250	$250	$0		$1,500	$1,750	($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	$146	($146)	$250
	Supplies	$0	$13	($13)		$11	$88	($77)	$150
	Postage	$28	$0	$28		$88	$150	($62)	$150
	Printing	$0	$0	$0		$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	$7	$42	($35)		$161	$292	($130)	$500
	TOTAL	$285	$408	($124)		$2,802	$4,848	($2,046)	$6,940
Utilities
	Electricty	$463	$500	($37)		$3,179	$3,500	($321)	$6,000
	TOTAL	$463	$500	($37)		$3,179	$3,500	($321)	$6,000
Common area maintenance
	Mowing	$4,118	$2,125	$1,993		$12,353	$12,750	($398)	$17,000
	Mulching	$0	$0	$0		$0	$0	$0	$0
	Fertilization etc.	$0	$0	$0		$0	$0	$0	$0
	Flowers	$0	$0	$0		$1,088	$0	$1,088	$0
	Weeding	$0	$0	$0		$0	$0	$0	$0
	SUB TOTAL	$4,118	$2,125	$1,993		$13,441	$12,750	$691	$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	$0	$0	$0		$120	$1,500	($1,380)	$1,500
	Miscellaneous	$0	$0	$0		$0	$250	($250)	$500
	TOTAL	$4,118	$2,125	$1,993		$13,686	$15,250	($1,564)	$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	$660	$600	$60		$3,226	$1,865	$1,361	$4,500
	TOTAL	$660	$600	$60		$4,923	$4,365	$558	$12,000
TOTAL EXPENSES		$5,525	$3,633	$1,892		$24,589	$27,963	($3,374)	$45,265