|
Bella Vista Village Property Owners Association
Recreation Division
For the Six Months Ending June 30, 2008
|
|
June 2008 |
June 2008 |
YTD |
YTD |
YTD |
|
PREVIOUS YR. |
|
DESCRIPTION |
ACTUAL |
BUDGET |
Actual |
Budget |
Variance |
Variance % |
ACTUAL |
|
|
|
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
|
|
Assessments |
80,228 |
80,228 |
1,047,160 |
1,047,160 |
|
|
|
|
Food and Beverage |
52 |
(973) |
2,128 |
3,427 |
(1,299) |
( 37.9%) |
4,848 |
|
Other Recreation |
9,023 |
11,510 |
27,624 |
31,156 |
(3,532) |
( 11.3%) |
27,112 |
|
RV Park |
24,941 |
23,243 |
133,701 |
134,517 |
(816) |
( 0.6%) |
123,186 |
|
Facility Use Fees |
51,683 |
47,584 |
218,339 |
194,152 |
24,187 |
12.5% |
121,135 |
|
Other |
8,289 |
10,733 |
20,926 |
16,783 |
4,143 |
24.7% |
15,951 |
|
Total Income |
174,215 |
172,325 |
1,449,878 |
1,427,195 |
22,683 |
1.6% |
292,232 |
|
|
|
|
|
|
|
|
|
|
Food and Beverage |
17 |
(55) |
487 |
1,295 |
(808) |
( 62.4%) |
1,379 |
|
Pro Shop |
|
|
|
|
|
|
28 |
|
Other Recreation |
3,142 |
2,600 |
11,027 |
9,100 |
1,927 |
21.2% |
6,440 |
|
Total Cost of Goods |
3,159 |
2,545 |
11,513 |
10,395 |
1,118 |
10.8% |
7,846 |
|
|
|
|
|
|
|
|
|
|
Gross Profit |
171,056 |
169,780 |
1,438,365 |
1,416,800 |
21,565 |
1.5% |
284,386 |
|
|
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
|
|
|
Salary and Wages |
50,867 |
50,900 |
210,287 |
227,211 |
(16,924) |
( 7.4%) |
166,874 |
|
Employee Benefits |
8,603 |
2,982 |
43,781 |
50,274 |
(6,493) |
( 12.9%) |
32,834 |
|
Maintenance and Repairs |
25,102 |
840 |
68,552 |
118,850 |
(50,298) |
( 42.3%) |
34,743 |
|
Supplies |
12,824 |
6,455 |
58,785 |
117,715 |
(58,930) |
( 50.1%) |
27,462 |
|
Outside Contracts |
16,931 |
27,107 |
67,275 |
59,112 |
8,163 |
13.8% |
49,667 |
|
Insurance |
1,798 |
3,999 |
17,835 |
19,290 |
(1,455) |
( 7.5%) |
20,868 |
|
Utilities |
18,347 |
25,709 |
101,077 |
99,633 |
1,444 |
1.4% |
84,700 |
|
Memberships, Training and Travel |
70 |
3,454 |
759 |
7,327 |
(6,568) |
( 89.6%) |
652 |
|
Fuel and Oil |
544 |
1,513 |
1,510 |
3,204 |
(1,694) |
( 52.9%) |
1,721 |
|
Taxes and Permits |
1,255 |
2,355 |
8,342 |
8,490 |
(148) |
( 1.7%) |
7,131 |
|
Postage |
52 |
36 |
161 |
86 |
75 |
87.5% |
166 |
|
Interest Expense & Credit Card Fees |
375 |
579 |
2,025 |
1,789 |
236 |
13.2% |
1,612 |
|
Other |
6,365 |
6,389 |
11,701 |
9,864 |
1,837 |
18.6% |
6,138 |
|
Total Operating Expenses |
143,132 |
132,318 |
592,090 |
722,845 |
(130,755) |
( 18.1%) |
434,567 |
|
|
|
|
|
|
|
|
|
|
Pre-Depreciation Gross |
27,924 |
37,462 |
846,275 |
693,955 |
152,320 |
21.9% |
(150,181) |
|
|
|
|
|
|
|
|
|
|
Depreciation |
13,432 |
18,743 |
82,689 |
106,958 |
(24,269) |
( 22.7%) |
67,976 |
|
|
|
|
|
|
|
|
|
|
Allocations - PW |
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