October 19, 2020 Directors Report

OUTDOOR RESORT - PALM SPRINGS Development Fund Balance Sheet 30-Sep-20

GL Number

Current Month Last Year

ASSETS

09/30/20

09/30/19

CASH 1075-000 Cash Account - Union Bank

176,876 78,754 0 176,876 78,754 0

1345-000 Prepaid Expenses

RECEIVABLES

0

0

TOTAL ASSETS

176,876 78,754

LIABILITIES

09/30/20 09/30/19

CURRENT LIABILITIES 2250-000 Due to Operations Fund

284,001 183,294 284,001 183,294

284,001 183,294

TOTAL DEVELOP. FUND LIABILITIES

DEVELOP. FUND BALANCE 2630-000 Development Fund Balance Beginning

(79,327) (122,004) 17,463 (107,126) (104,541) (27,799)

Development Fund Income(Loss)YTD

TOTAL LIABILITIES

176,876 78,754

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