April 19, 2021- Directors Report

OUTDOOR RESORT - PALM SPRINGS Operating Balance Sheet Mar-21

GL Number

Current Month

Last Year

LIABILITIES

CURRENT LIABILITIES

2010-000 2011-000 2013-000

Accounts Payable

(1,990) 64,552 45,908 74,538 16,873

46,951 45,870 18,518 10,296

Accounts Payable Accrual's

Utilities Accruals Payroll Accrual

2012,2059,2062-000

2015-000 2016-000 2018-000 2019-000 2020-000 2063-000 2021-000 2030-000 2064-000 2100-000

Worker's Comp Accrual

8,347 7,384

Sales Tax Payable

3,545

Use Tax

-

-

Occupancy Tax

(4,742)

3,437

Capital Lease Payable

-

-

Employee Appreciation Day Fund

(242)

(242)

Deferred Revenue Café Gratuities Payable Accrued Vacation Prepaid Assessments

-

-

284

(27)

(12,645) 178,960

43,672 186,937

2102,2014-000

Prepaid Activities ORPS Events

15

15

2104-000

Prepaid Bar Entertainment

(850)

-

Total Current Liabilities

364,207

371,157

OTHER LIABILITIES Sec Deposit Beauty Shop Sec Deposit Restaurant

2165-000 2170-000 2175-000 2431-000 2432-000 2405-000 2406-000 2407-000 2408-000 2409-000 2411-000 2412-000 2415-000 2420-000 2490-000

500

500

1,000

1,000

Sec Deposit Store Tennis Key Deposit Cable Box Deposit

500

500

1,600 1,550 2,585

1,350 1,250 5,941

Tennis Holding

Resorters Chorus Holding Fitness Center Holding

558

558

6,589

6,574

Computer Club

-

-

Pickle Ball Holding

5,104

5,348

ERT Holding

355

355

Big Star Holding

3,645 2,100

5,875 5,838

Stitch & Bees Quilt

Golf Holding

-

(99)

ORPS Golf Club

7,391

8,790

Total Other Liabilities

33,478

43,782

TOTAL OPERATING FUND LIABILITIES

397,685

414,939

OPERATING FUND BALANCE 2725-000,2600-000 Operating Fund Balance Beginning

1,332,224

1,473,232

2726-000 2600-000

Operating Fund BalanceTransfers Operating Fund Income(Loss)YTD

81,222

16,033

(67,832) (53,407)

Operating Reserve 2017 2018 Additional Funding

Total

1,348,257

1,433,215

TOTAL LIABILITIES AND FUND BALANCE

1,745,942

1,901,562

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