Directors Report 11.16.20

OUTDOOR RESORT - PALM SPRINGS Development Fund Income Statement 31-Oct-20

July August September October November December January February March April May June Total ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL YTD

REVENUES

Capital Fund Allocations

6,667 4,167

6,667 4,167

6,667 4,167

6,667 4,167

26,668 16,668

Development Fund Allocations

Interest Income

12

13

14

15

54

TOTAL

10,846

10,847

10,848

10,849

-

-

-

-

-

-

-

-

43,390 - 43,390

TOTAL REVENUES

10,846

10,847

10,848

10,849

-

-

-

-

-

-

-

-

EXPENSES: Real Estate Improvements & Repairs

1,000

28,276

31,064

- - -

60,340

Other Expenses

-

-

TOTAL

1,000

28,276

31,064

-

-

-

-

-

-

-

-

60,340 - 60,340 -

Total Expenses

1,000

28,276

31,064

-

-

-

-

-

-

-

-

-

Net Income (Loss)

9,846

(17,429)

(20,216)

10,849

-

-

-

-

-

-

-

-

(16,950)

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