April 19, 2021- Directors Report

OUTDOOR RESORT - PALM SPRINGS Reserve Balance Sheet Mar-21

GL Number

Current Month Last Year

ASSETS CASH

1065-000 1070-000 1075-000 1080-000

Checking Account - First Foundation Bank

1,420,816 632,950 266,776 266,749 158,898 158,679 2,359,664 2,308,663 4,206,153 3,367,041

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

3,680 8,206

3,600 2,310 5,910

11,886

TOTAL ASSETS

4,218,039 3,372,951

LIABILITIES

CURRENT LIABILITIES

2000-000 Accounts Payable

0

0

2240-000 2305-000

Due to Operations Fund Income Taxes Payable

7,005 (11,403) 0 7,005 (11,403) 0

7,005 (11,403)

TOTAL RESERVE FUND LIABILITIES

RESERVE FUND BALANCE Reserve Fund Balance Beginning Reserve Fund Income(Loss)YTD

2625-000

3,818,487 3,264,779 392,547 119,575 4,211,034 3,384,354

TOTAL LIABILITIES AND FUND BALANCE

4,218,039 3,372,951

Page 19 of 88

Made with FlippingBook flipbook maker