October 19, 2020 Directors Report

OUTDOOR RESORT - PALM SPRINGS Operating Balance Sheet Sep-20

GL Number

Current Month

Last Year

LIABILITIES

CURRENT LIABILITIES

2010-000 2011-000 2013-000

Accounts Payable

(2,429) 38,147 45,908 62,899

53,460 70,408 18,518 57,218 (4,505)

Accounts Payable Accrual's

Utilities Accruals Payroll Accrual

2012,2059,2062-000

2015-000 2016-000 2018-000 2019-000 2020-000 2063-000 2021-000 2030-000 2064-000 2100-000

Worker's Comp Accrual

5,652

Sales Tax Payable

713

66

Use Tax

-

-

Occupancy Tax

(4,692)

(2,042)

Capital Lease Payable

-

-

Employee Appreciation Day Fund

(242)

(342)

Deferred Revenue Café Gratuities Payable Accrued Vacation Prepaid Assessments

-

- -

(25)

35,228 176,177

33,328 164,650

2102,2014-000

Prepaid Activities ORPS Events

15

- -

2104-000

Prepaid Bar Entertainment

-

Total Current Liabilities

357,352

390,759

OTHER LIABILITIES Sec Deposit Beauty Shop Sec Deposit Restaurant

2165-000 2170-000 2175-000 2431-000 2432-000 2405-000 2406-000 2407-000 2408-000 2409-000 2411-000 2412-000 2415-000 2420-000 2490-000

500

500

1,000

1,000

Sec Deposit Store Tennis Key Deposit Cable Box Deposit

500

500 950 550

1,000

550

Tennis Holding

5,941

5,941

Resorters Chorus Holding Fitness Center Holding

558

852

6,589

6,618

Computer Club

-

-

Pickle Ball Holding

5,348

6,909

ERT Holding

355

355

Big Star Holding

5,297 5,838

1,711 5,369

Stitch & Bees Quilt

Golf Holding

-

(2,374)

ORPS Golf Club

8,691

6,129

Total Other Liabilities

42,168

35,010

TOTAL OPERATING FUND LIABILITIES

399,520

425,769

OPERATING FUND BALANCE 2725-000,2600-000 Operating Fund Balance Beginning

1,332,224

805,258 633,183 81,222

2726-000 2600-000

Operating Fund BalanceTransfers Operating Fund Income(Loss)YTD

(60,036)

Total

1,272,188

1,519,663

TOTAL LIABILITIES AND FUND BALANCE

1,671,708

1,945,432

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