October 19, 2020 Directors Report

OUTDOOR RESORT - PALM SPRINGS Operating Income Statement Sep-20

GL Number

Description

Current Month

Budget Variance This Year to Date Budget to Date Variance

INCOME

ADMINISTRATION

393,560

393,560

-

1,180,680

1,180,680

-

3100-100 Assessments

1,997

1,236

761

1,997

3,708

(1,711)

3106-100 Late Fees/Interest/NSF

-

38

(38)

-

114

(114)

3107-100 Special Individual Assessments

1,000

1,083

(83)

2,400

3,249

(849)

3109-100 Transfer Fees

925

625

300

1,545

1,875

(330)

3111-100 Escrow Demand Fee

175

100

75

475

150

325

3119-100 Permit Fee

-

208

(208)

75

624

(549)

3151-175 Key Replacement

620

450

170

1,045

550

495

3110-125 Vendor Fees

1,780

2,453

(673)

4,071

4,453

(382)

3160-850 Laundry

-

-

-

200

-

200

3144-100 Other Income

-

-

-

5,890

-

5,890

3148-100 Interest - Operating Account

400,056

399,753

303

1,198,378

1,195,403

2,975

Total Administration Income

EXPENSE

ADMINISTRATION

-

-

-

13,750

12,500

1,250

4100-100 Audit /Tax Returns

509

-

509

992

-

992

4109-100 Bank Fees

-

1,347

(1,347)

9,351

4,041

5,310

4226-100 Board Expenses

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