OUTDOOR RESORT - PALM SPRINGS Reserve Balance Sheet
GL Number
Current Month Last Year
ASSETS
12/31/20
12/31/19
CASH
1065-000 1070-000 1075-000 1080-000
Checking Account - First Foundation Bank
1,277,955 524,626 266,769 266,226 158,679 158,679 2,356,222 2,301,525 4,059,625 3,251,056
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
Prepaid Federal Income Tax Prepaid State Income Tax
(3,360)
3,600 2,310 5,910
(591)
(3,951)
TOTAL ASSETS
4,055,674 3,256,966
LIABILITIES
12/31/20 12/31/19
CURRENT LIABILITIES Due to Operations Fund
2240-000 2305-000
61,174 107,389 0 61,174 107,389 0
Income Taxes Payable
61,174 107,389
TOTAL RESERVE FUND LIABILITIES
RESERVE FUND BALANCE Reserve Fund Balance Beginning Reserve Fund Income(Loss)YTD
2625-000
3,818,487 3,264,779 176,013 (115,202) 3,994,500 3,149,577
TOTAL LIABILITIES AND FUND BALANCE
4,055,674 3,256,966
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