Directors Report 11.16.20

OUTDOOR RESORT - PALM SPRINGS Development Fund Balance Sheet 31-Oct-20

GL Number

Current Month Last Year

ASSETS

10/31/20

10/31/19

CASH 1075-000 Cash Account - Union Bank

187,725 86,038 0 187,725 86,038 0

1345-000 Prepaid Expenses

RECEIVABLES

0

0

TOTAL ASSETS

187,725 86,038

LIABILITIES

10/31/20 10/31/19

CURRENT LIABILITIES 2250-000 Due to Operations Fund

284,001 203,134 284,001 203,134

284,001 203,134

TOTAL DEVELOP. FUND LIABILITIES

DEVELOP. FUND BALANCE 2630-000 Development Fund Balance Beginning

(79,327) (122,004) 4,908 (96,278) (117,096) (16,950)

Development Fund Income(Loss)YTD

TOTAL LIABILITIES

187,725 86,038

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