Directors Report

OUTDOOR RESORT - PALM SPRINGS Reserve Fund Income Statement 30-Nov-20

July August September October November December January February March April May June Total ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL YTD

REVENUES

Reserve Fund Allocations

88,084

88,084

88,084

88,084

88,084

440,420

Interest Income

1,674

1,706

1,770

1,711

1,553

8,415

TOTAL

89,758

89,790

89,854

89,795

89,637

-

-

-

-

-

-

-

448,835 - 448,835

TOTAL REVENUES

89,758

89,790

89,854

89,795

89,637

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

32,486 95,422

32,045 81,429

8,662 9,875

1,376

74,569 249,315

Personal Property - Equipment Other Expenses/Bank Fee

41,010

21,579

- - - - -

- - - - -

Ameritrade Appreciation/Depreciation

Ameritrade Fees

Federal Income Tax State Income Tax

TOTAL

41,010

127,908

113,474

18,537

22,955

-

-

-

-

-

-

-

323,884 - 323,884 - 124,951

Total Expenses

41,010

127,908

113,474

18,537

22,955

-

-

-

-

-

-

-

Net Income (Loss)

48,748

(38,118)

(23,620)

71,258

66,682

-

-

-

-

-

-

-

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