Directors Report

OUTDOOR RESORT - PALM SPRINGS Development 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

Capital Fund Allocations

6,667 4,167

6,667 4,167

6,667 4,167

6,667 4,167

6,667 4,167

33,335 20,835

Development Fund Allocations

Interest Income

12

13

14

15

16

70

TOTAL

10,846

10,847

10,848

10,849

10,850

-

-

-

-

-

-

-

54,240 - 54,240

TOTAL REVENUES

10,846

10,847

10,848

10,849

10,850

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

1,000

28,276

31,064

- - -

1,523

61,863

Other Expenses

-

-

-

TOTAL

1,000

28,276

31,064

1,523

-

-

-

-

-

-

-

61,863 - 61,863 - (7,623)

Total Expenses

1,000

28,276

31,064

-

1,523

-

-

-

-

-

-

-

Net Income (Loss)

9,846

(17,429)

(20,216)

10,849

9,327

-

-

-

-

-

-

-

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