OUTDOOR RESORT - PALM SPRINGS Reserve Balance Sheet
GL Number
Current Month Last Year
ASSETS
08/31/20 08/31/19
CASH
1065-000 1070-000 1075-000 1080-000
Checking Account - First Foundation Bank
1,206,748 641,415 266,760 265,554 158,679 158,679 2,334,904 2,275,937 3,967,092 3,341,585
Investment Account - Union Bank
Investment Account - Bank of Southern California
Investment Account - Morgan Stanley
RECEIVABLES
1230-000
Interest Receivable
0 0
0 0
OTHER CURRENT ASSETS
1345-000 1350-000 1355-000
Prepaid Other
0
0 0 0 0
Prepaid Federal Income Tax Prepaid State Income Tax
(6,880) (3,191) (10,071)
TOTAL ASSETS
3,957,020 3,341,586
LIABILITIES
08/31/20 08/31/19
CURRENT LIABILITIES Due to Operations Fund
2240-000 2305-000
127,904 100,333 0 127,904 100,333 0
Income Taxes Payable
127,904 100,333
TOTAL RESERVE FUND LIABILITIES
RESERVE FUND BALANCE Reserve Fund Balance Beginning Reserve Fund Income(Loss)YTD
2625-000
3,818,487 3,264,779 10,630 (23,526) 3,829,117 3,241,253
TOTAL LIABILITIES AND FUND BALANCE
3,957,020 3,341,586
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