Highland Park H.O.A
Income/Expense statement
			December				2010
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$0	$0	$0		$44,100	$44,800	($700)	$44,800
	Late Fees	$0	$0	$0		$125	$0	$125	$0
	Miscellaneous	$2	$2	$0		$639	$25	$614	$25
	TOTAL	$2	$2	$0		$44,864	$44,825	$39	$44,825
Expenses:
G&A
	Legal Fees	$0	$83	($83)		$50	$1,000	($950)	$1,000
	Accounting Fees	$500	$250	$250		$3,000	$3,000	$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	$250	($250)	$250
	Supplies	$0	$13	($13)		$11	$150	($139)	$150
	Postage	$99	$0	$99		$187	$150	$37	$150
	Printing	$0	$0	$0		$0	$150	($150)	$150
	Bank Fees	$0	$0	$0		$0	$0	$0	$0
	WRCU fee	$0	$0	$0		$0	$640	($640)	$640
	Social events	$50	$0	$50		$2,089	$0	$2,089	$0
	Miscellaneous	$0	$42	($42)		$161	$500	($339)	$500
	TOTAL	$650	$408	$241		$6,540	$6,940	($400)	$6,940
Utilities
	Electricty	$448	$500	($52)		$5,455	$6,000	($545)	$6,000
	TOTAL	$448	$500	($52)		$5,455	$6,000	($545)	$6,000
Common area maintenance
	Mowing	$0	$0	$0		$16,470	$17,000	($530)	$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	$0	$0	$0		$17,558	$17,000	$558	$17,000
	Irrigation	$0	$0	$0		$495	$500	($5)	$500
	Halloween Décor	$0	$0	$0		$275	$325	($50)	$325
	Christmas Décor	$648	$0	$648		$773	$500	$273	$500
	Building Maintenance	$0	$0	$0		$295	$1,500	($1,205)	$1,500
	Miscellaneous	$50	$0	$50		$75	$500	($425)	$500
	TOTAL	$698	$0	$698		$19,471	$20,325	($854)	$20,325
Lake care
	Weed & Algae	$0	$0	$0		$2,650	$2,000	$650	$2,000
	Aeration	$0	$0	$0		$0	$2,000	($2,000)	$2,000
	Miscellaneous	$0	$0	$0		$0	$3,500	($3,500)	$3,500
	Electricty	$66	$450	($384)		$5,289	$4,500	$789	$4,500
	TOTAL	$66	$450	($384)		$7,939	$12,000	($4,061)	$12,000
TOTAL EXPENSES		$1,861	$1,358	$503		$39,405	$45,265	($5,860)	$45,265