Highland Park H.O.A
Income/Expense statement
			August				2010
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$700	$0	$700		$44,100	$44,800	($700)	$44,800
	Late Fees	$50	$0	$50		$125	$0	$125	$0
	Miscellaneous	$3	$2	$1		$630	$17	$613	$25
	TOTAL	$753	$2	$751		$44,855	$44,817	$38	$44,825
Expenses:
G&A
	Legal Fees	$0	$83	($83)		$0	$667	($667)	$1,000
	Accounting Fees	$500	$250	$250		$2,000	$2,000	$0	$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	$167	($167)	$250
	Supplies	$0	$13	($13)		$11	$100	($89)	$150
	Postage	$0	$0	$0		$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	$0	$42	($42)		$161	$333	($172)	$500
	TOTAL	$500	$408	$92		$3,302	$5,257	($1,955)	$6,940
Utilities
	Electricty	$462	$500	($38)		$3,640	$4,000	($360)	$6,000
	TOTAL	$462	$500	($38)		$3,640	$4,000	($360)	$6,000
Common area maintenance
	Mowing	$4,118	$2,125	$1,993		$16,470	$14,875	$1,595	$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		$17,558	$14,875	$2,683	$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	$250	($250)		$0	$500	($500)	$500
	TOTAL	$4,118	$2,375	$1,743		$17,803	$17,625	$178	$20,325
Lake care
	Weed & Algae	$100	$0	$100		$1,797	$1,000	$797	$2,000
	Aeration	$0	$1,000	($1,000)		$0	$2,000	($2,000)	$2,000
	Miscellaneous	$0	$0	$0		$0	$500	($500)	$3,500
	Electricty	$600	$450	$150		$3,826	$2,315	$1,511	$4,500
	TOTAL	$700	$1,450	($750)		$5,623	$5,815	($192)	$12,000
TOTAL EXPENSES		$5,779	$4,733	$1,046		$30,369	$32,697	($2,328)	$45,265