Directors Report 9.21.20

OUTDOOR RESORT - PALM SPRINGS Operating Income Statement Aug-20

GL Number

Description

Current Month

Budget Variance This Year to Date Budget to Date Variance

INCOME

ADMINISTRATION

393,560

393,560

-

787,120

787,120

-

3100-100 Assessments

-

1,236

(1,236)

-

2,472

(2,472)

3106-100 Late Fees/Interest/NSF

-

38

(38)

-

76

(76)

3107-100 Special Individual Assessments

800

1,083

(283)

1,400

2,166

(766)

3109-100 Transfer Fees

310

625

(315)

620

1,250

(630)

3111-100 Escrow Demand Fee

200

25

175

300

50

250

3119-100 Permit Fee

50

208

(158)

75

416

(341)

3151-175 Key Replacement

25

75

(50)

425

100

325

3110-125 Vendor Fees

1,200

987

213

2,291

2,000

291

3160-850 Laundry

200

-

200

200

-

200

3144-100 Other Income

5,890

-

5,890

-

-

-

3148-100 Interest - Operating Account

402,235

397,837

4,398

792,431

795,650

(3,219)

Total Administration Income

EXPENSE

ADMINISTRATION

11,750

12,500

(750)

13,750

12,500

1,250

4100-100 Audit /Tax Returns

181

-

181

484

-

484

4109-100 Bank Fees

44

1,347

(1,303)

9,351

2,694

6,657

4226-100 Board Expenses

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