Directors Report 9.21.20

OUTDOOR RESORT - PALM SPRINGS Development 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

Capital Fund Allocations

6,667 4,167

6,667 4,167

13,334

Development Fund Allocations

8,334

Interest Income

12

13

25

TOTAL

10,846

10,847

-

-

-

-

-

-

-

-

-

-

21,693 - 21,693

TOTAL REVENUES

10,846

10,847

-

-

-

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

1,000

28,276

29,276

Other Expenses

-

-

TOTAL

1,000

28,276

-

-

-

-

-

-

-

-

-

-

29,276 - 29,276 - (7,583)

Total Expenses

1,000

28,276

-

-

-

-

-

-

-

-

-

-

Net Income (Loss)

9,846

(17,429)

-

-

-

-

-

-

-

-

-

-

Made with FlippingBook Annual report