10:59 AM Stonegate

08-27-08 Profit & Loss Budget vs. Actual

Accrual Basis January through December 2008

Jan - Dec 08 Budget % of Budget

Ordinary Income/Expense
Income
Dues/bi-annually 17,940.00 8,880.00 202.0%
Total Income 17,940.00 8,880.00 202.0%
Expense
6200 · Administrative
6210 · Annual Meeting 0.00 30.00 0.0%
6220 · Insurance 1,031.75 1,040.00 99.2%
6230 · Bank Fees 0.00 15.00 0.0%
6240 · Postage 168.00 84.00 200.0%
6250 · Printing 146.59 50.00 293.2%
6260 · Tax Preparer 0.00 100.00 0.0%
6270 · Community Events 0.00 50.00 0.0%
6280 · State Tax 0.00 30.00 0.0%
Total 6200 · Administrative 1,346.34 1,399.00 96.2%
6300 · Contract
6310 · Landscape monthly contract 2,240.00 8,400.00 26.7%
6380 · Management Monthly 1,800.00 5,400.00 33.3%
Total 6300 · Contract 4,040.00 13,800.00 29.3%
6400 · Common Area
6410 · Power Bill 109.79 200.00 54.9%
6420 · Common Area Repair 0.00 150.00 0.0%
6430 · Sprinkler Repair 77.50 100.00 77.5%
6440 · Landscape Upgrade 0.00 250.00 0.0%
Total 6400 · Common Area 187.29 700.00 26.8%
6500 · Irrigation
6530 · Irrigation water Assessment 295.26 300.00 98.4%
Total 6500 · Irrigation 295.26 300.00 98.4%
6600 · Enforcement
6620 · CCR Enforcement/Attorney 0.00 100.00 0.0%
6630 · Collection Enforcement/Small Cl 0.00 250.00 0.0%
6640 · Certified Mailing 0.00 200.00 0.0%
Total 6600 · Enforcement 0.00 550.00 0.0%

Total Expense 5,868.89 16,749.00 35.0%

Net Ordinary Income 12,071.11 -7,869.00 -153.4%

Net Income 12,071.11 -7,869.00 -153.4%

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