Directors Report 11.16.20

OUTDOOR RESORT - PALM SPRINGS Operating Income Statement Oct-20

GL Number

Description

Current Month

Budget Variance Last year this month This Year to Date Budget to Date Variance

INCOME

ADMINISTRATION

393,560

393,560

-

362,687

1,574,240

1,574,240

-

3100-100 Assessments

1,390

1,236

154

950

3,387

4,944

(1,557)

3106-100 Late Fees/Interest/NSF

-

38

(38)

-

-

152

(152)

3107-100 Special Individual Assessments

1,400

1,083

317

400

3,800

4,332

(532)

3109-100 Transfer Fees

1,390

625

765

-

2,935

2,500

435

3111-100 Escrow Demand Fee

400

575

(175)

675

875

725

150

3119-100 Permit Fee

100

208

(108)

100

175

832

(657)

3151-175 Key Replacement

150

675

(525)

245

1,195

1,225

(30)

3110-125 Vendor Fees

4,204

7,407

(3,203)

6,863

8,275

11,860

(3,585)

3160-850 Laundry

-

-

-

-

200

-

200

3144-100 Other Income

-

-

-

5,890

-

5,890

3148-100 Interest - Operating Account

402,595

405,407

(2,812)

371,920

1,600,972

1,600,810

162

Total Administration Income

EXPENSE

ADMINISTRATION

-

-

-

-

13,750

12,500

1,250

4100-100 Audit /Tax Returns

475

177

298

178

1,468

177

1,291

4109-100 Bank Fees

2,045

1,347

698

2,854

11,396

5,388

6,008

4226-100 Board Expenses

213

(213)

212

373

987

(614)

-

4365-300 Credit Card

4,760

4,435

325

5,285

25,296

23,831

1,465

4115-100 Computer

1,206

323

-

4,587

4,824

(237)

4125-100 First Aid

1,529

2,248

(2,016)

2,249

927

2,825

(1,898)

4127-100 Dues & Subscriptions

232

32

(32)

-

143

285

(142)

4148-100

Permits

-

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