March 15, 2021 Regular Meeting Directors Report

OUTDOOR RESORT - PALM SPRINGS Operating Income Statement Feb-21

Variance Last year this month This Year to Date

Budget to Date

GL Number

Description

Current Month

Budget

Variance

INCOME

ADMINISTRATION

393,560

393,560

-

362,687

3,148,480

3,148,480

-

3100-100 Assessments

861

1,237

(376)

629

7,885

9,892

(2,007)

3106-100 Late Fees/Interest/NSF

-

38

(38)

-

(41)

304

(345)

3107-100 Special Individual Assessments

3,200

1,084

2,116

2,300

15,600

8,668

6,932

3109-100 Transfer Fees

2,790

625

2,165

-

12,540

5,000

7,540

3111-100 Escrow Demand Fee

650

625

25

975

3,000

4,175

(1,175)

3119-100 Permit Fee

300

209

91

300

1,551

1,668

(117)

3151-175 Key Replacement

175

555

(380)

600

2,795

3,280

(485)

3110-125 Vendor Fees

10,058

18,907

(8,849)

17,015

46,389

78,266

(31,877)

3160-850 Laundry

200

-

200

-

600

-

600

3144-100 Other Income

-

-

-

-

5,890

-

5,890

3148-100 Interest

-

-

-

-

-

-

-

3115-100 Fines and Suspensions

411,794

416,840

(5,046)

384,506

3,244,689

3,259,733

(15,044)

Total Administration Income

EXPENSE

ADMINISTRATION

-

-

-

-

13,750

12,500

(1,250)

4100-100 Audit /Tax Returns

532

239

(293)

380

3,412

900

(2,512)

4109-100 Bank Fees

5,820

1,347

(4,473)

6,125

18,971

10,776

(8,195)

4226-100 Board Expenses

1,465

1,080

(385)

4,081

1,838

5,091

3,253

4365-300 Credit Card

5,658

4,405

(1,253)

4,268

50,448

42,453

(7,995)

4115-100 Computer

1,206

(323)

1,206

10,703

9,648

(1,055)

4125-100 First Aid

1,529

1,520

987

4127-100 Dues & Subscriptions

346

1,866

1,867

5,330

6,317

42

1,150

4148-100

Permits

31

73

-

147

1,297

8,283

(202)

8,202

67,879

66,259

(1,620)

4139-100 Insurance

8,485

(865)

876

7,548

9,054

1,506

4142-100 Copier Service

1,842

977

757

(1,050)

2,558

8,922

6,020

(2,902)

4145-100 Legal Fees

1,807

438

2,094

4151-100 Meals & Entertainment

19

457

325

1,562

3,656

157

1,210

4154-100 Mileage & Travel

26

183

-

254

1,464

34

-

450

681

231

4159-100 Office Equipment

45

79

826

403

4,918

3,796

(1,122)

4161-100 Supplies

262

1,088

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