OUTDOOR RESORT PALM SPRINGS OWNERS ASSOCIATION STATEMENT OF REVENUE, EXPENSES AND CHANGES IN FUND BALANCES FOR THE PERIOD JUNE 30, 2020
$
299
$
89
$
6
$
394
REVENUES
OPERATING FUND RESERVE FUND CAPITAL FUND
TOTALS 477,922
Member Assessments
362,687
107,957
7,278
Additional Funding Reserve 2020
-
Interest Income Fees & Permits Rental & Other
-
18,407
12
18,419
550
- - - - - - - -
- - - - - - - -
550
12,003
12,003
Front Office
1,755
1,755
Activities
- -
- - - -
Bar
Oracle
Golf
-
Laundry
1,447
1,447
TOTAL REVENUES
378,442
126,364
7,290
512,095
Expenses Admin Front Office
58,100
- - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - -
58,100
2,108
2,108
Security Mailroom Activities
37,060
37,060
378
378
(130) (527)
(130) (527)
Bar Golf
-
-
Facilities Laundry Grounds
15,428
15,428
-
-
113,921
113,921
Vehicle Maint
6,310
6,310
Maint
62,772 73,037
62,772 73,037
Utilities
Contingency
-
- - - -
Other Expenses/Bank Fee
Federal Income Tax
TD Ameritrade Apprec/Deprec Replacement Fund Expenditures
-
-
592,754 592,754
570 570
593,324 961,781
TOTAL EXPENSES
368,457
Net Income/(Loss)
9,985
(466,391)
6,720
(449,686)
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