Directors Report 9.21.20

OUTDOOR RESORT - PALM SPRINGS Reserve Fund Income Statement 31-Aug-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

Reserve Fund Allocations

88,084

88,084

176,168

Interest Income

1,674

1,706

3,380

TOTAL

89,758

89,790

-

-

-

-

-

-

-

-

-

-

179,548 - 179,548

TOTAL REVENUES

89,758

89,790

-

-

-

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

32,486 95,422

32,486 136,432

Personal Property - Equipment Other Expenses/Bank Fee

41,010

- - - - -

- - - - -

Ameritrade Appreciation/Depreciation

Ameritrade Fees

Federal Income Tax State Income Tax

TOTAL

41,010

127,908

-

-

-

-

-

-

-

-

-

-

168,918 - 168,918 - 10,630

Total Expenses

41,010

127,908

-

-

-

-

-

-

-

-

-

-

Net Income (Loss)

48,748

(38,118)

-

-

-

-

-

-

-

-

-

-

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