October 19, 2020 Directors Report

OUTDOOR RESORT - PALM SPRINGS Development 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

Capital Fund Allocations

6,667 4,167

6,667 4,167

6,667 4,167

20,001 12,501

Development Fund Allocations

Interest Income

12

13

14

39

TOTAL

10,846

10,847

10,848

-

-

-

-

-

-

-

-

-

32,541 - 32,541

TOTAL REVENUES

10,846

10,847

10,848

-

-

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

1,000

28,276

31,064

60,340

Other Expenses

-

-

TOTAL

1,000

28,276

31,064

-

-

-

-

-

-

-

-

-

60,340 - 60,340 -

Total Expenses

1,000

28,276

31,064

-

-

-

-

-

-

-

-

-

Net Income (Loss)

9,846

(17,429)

(20,215)

-

-

-

-

-

-

-

-

-

(27,799)

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