October 19, 2020 Directors Report

OUTDOOR RESORT - PALM SPRINGS Reserve Fund Income Statement 30-Sep-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

264,252

Interest Income

1,674

1,706

1,770

5,150

TOTAL

89,758

89,790

89,854

-

-

-

-

-

-

-

-

-

269,402 - 269,402

TOTAL REVENUES

89,758

89,790

89,854

-

-

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

32,486 95,422

32,045 81,429

64,531 217,861

Personal Property - Equipment Other Expenses/Bank Fee

41,010

- - - - -

- - - - -

Ameritrade Appreciation/Depreciation

Ameritrade Fees

Federal Income Tax State Income Tax

TOTAL

41,010

127,908

113,474

-

-

-

-

-

-

-

-

-

282,392 - 282,392 - (12,990)

Total Expenses

41,010

127,908

113,474

-

-

-

-

-

-

-

-

-

Net Income (Loss)

48,748

(38,118)

(23,620)

-

-

-

-

-

-

-

-

-

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