August 13 2020- Director's Report

6/30/2020

6/30/2019

LIABILITIES

CURRENT YEAR LAST YEAR

CURRENT LIABILITIES Accounts Payable Accounts Payable Accrual's

(2,429) 35,713 18,518 38,654

15,561

8,767

Utilities Accruals Payroll Accrual

18,518 23,725

Worker's Comp Accrual

7,167 7,384

(460)

Sales Tax Payable

258

Use Tax

(26,028) (4,701)

-

Occupancy Tax

(2,132)

Capital Lease Payable

-

-

Employee Appreciation Day Fund

(242)

(342)

Deferred Revenue Café Gratuities Payable Accrued Vacation Prepaid Assessments

-

- -

(25)

42,538 163,713

34,156 211,081

Prepaid Activities ORPS Events Prepaid Bar Entertainment

15

- - -

- -

280,277

309,132

OTHER LIABILITIES Deposits

3,450 5,941

3,350 5,941

Tennis Holding

Resorters Chorus Holding Fitness Center Holding

558

852

6,589

6,618

Computer Club

-

-

Pickle Ball Holding

5,348

6,909

ERT Holding

355

355

Big Star Holding

5,297 5,838

6,485 5,369

Stitch & Bees Quilt

Golf Holding

(99)

(2,374)

ORPS Golf Club

8,790

6,129

- 42,069

39,634

TOTAL OPERATING FUND LIABILITIES

322,345

348,766

OPERATING FUND BALANCE Operating Fund Balance Beginning Operating Fund BalanceTransfers

1,473,232

1,413,876

81,222

81,222

(53,407) (160,190) 1,340,857

(53,407)

Operating Fund Income(Loss)YTD

59,357

1,501,047

TOTAL LIABILITIES AND FUND BALANCE

1,716,608

1,903,220

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