Directors Report

OUTDOOR RESORT - PALM SPRINGS Reserve Balance Sheet

GL Number

Current Month Last Year 11/31/2020 11/31/2019

ASSETS

CASH

1065-000 1070-000 1075-000 1080-000

Checking Account - First Foundation Bank

1,212,453 518,770 266,767 266,226 158,679 158,679 2,338,560 2,282,843 3,976,460 3,226,518

Investment Account - Union Bank

Investment Account - Bank of Southern California

Investment Account - Morgan Stanley

RECEIVABLES

1230-000

Interest Receivable

0 0

0 0

OTHER CURRENT ASSETS

1345-000 1350-000 1355-000

Prepaid Other

0

0

Prepaid Federal Income Tax Prepaid State Income Tax

(6,880) (3,191) (10,071)

1,800

990

2,790

TOTAL ASSETS

3,966,388 3,229,308

LIABILITIES

11/31/2020 11/31/2019

CURRENT LIABILITIES Due to Operations Fund

2240-000 2305-000

22,951 102,583 0 22,951 102,583 0

Income Taxes Payable

22,951 102,583

TOTAL RESERVE FUND LIABILITIES

RESERVE FUND BALANCE Reserve Fund Balance Beginning Reserve Fund Income(Loss)YTD

2625-000

3,818,487 3,264,779 124,951 (138,055) 3,943,438 3,126,724

TOTAL LIABILITIES AND FUND BALANCE

3,966,388 3,229,308

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