Highland Park H.O.A
Income/Expense statement
			January				2011
		current period				year-to-date			Annual
Description		Actual	Budget	Variance		Actual	Budget	Variance	Budget
Income:
	Dues	$32,550	$35,000	($2,450)		$32,550	$35,000	($2,450)	$44,800
	Late Fees	$0	$0	$0		$0	$0	$0	$0
	Miscellaneous	$2	$2	($0)		$2	$2	($0)	$25
	TOTAL	$32,552	$35,002	($2,450)		$32,552	$35,002	($2,450)	$44,825
Expenses:
G&A
	Legal Fees	$0	$83	($83)		$0	$83	($83)	$1,000
	Accounting Fees	$250	$250	$0		$250	$250	$0	$3,000
	Insurance	$0	$0	$0		$0	$0	$0	$1,100
	Property Taxes	$0	$0	$0		$0	$0	$0	$0
	Newsletters	$0	$21	($21)		$0	$21	($21)	$250
	Supplies	$0	$13	($13)		$0	$13	($13)	$150
	Postage	$0	$150	($150)		$0	$150	($150)	$150
	Printing	$0	$50	($50)		$0	$50	($50)	$150
	Bank Fees	$0	$0	$0		$0	$0	$0	$0
	WRCU fee	$0	$0	$0		$0	$0	$0	$0
	Social events	$0	$0	$0		$0	$0	$0	$2,000
	Miscellaneous	$0	$42	($42)		$0	$42	($42)	$500
	TOTAL	$250	$608	($358)		$250	$608	($358)	$8,300
Utilities
	Electricty	$490	$500	($10)		$490	$500	($10)	$6,000
	TOTAL	$490	$500	($10)		$490	$500	($10)	$6,000
Common area maintenance
	Mowing	$0	$0	$0		$0	$0	$0	$17,000
	Mulching	$0	$0	$0		$0	$0	$0	$0
	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	$0	$0	$0		$0	$0	$0	$17,000
	Irrigation	$0	$0	$0		$0	$0	$0	$500
	Halloween Décor	$0	$0	$0		$0	$0	$0	$325
	Christmas Décor	$120	$500	($380)		$120	$500	($380)	$500
	Building Maintenance	$0	$125	($125)		$0	$125	($125)	$1,500
	Miscellaneous	$400	$183	$217		$400	$183	$217	$2,200
	TOTAL	$520	$808	($288)		$520	$808	($288)	$22,025
Lake care
	Weed & Algae	$0	$0	$0		$0	$0	$0	$2,000
	Aeration	$0	$0	$0		$0	$0	$0	$2,000
	Miscellaneous	$0	$0	$0		$0	$0	$0	$1,000
	Electricty	$370	$400	($30)		$370	$400	($30)	$6,200
	TOTAL	$370	$400	($30)		$370	$400	($30)	$11,200
TOTAL EXPENSES		$1,630	$2,317	($687)		$1,630	$2,317	($687)	$47,525