2010

Thu, October 1, 2015 |


Bella Vista Village POA without Water 
2010
           
2008 2009 2009 2010 10 Budget to Change
Description Actual Budget Projection Budget 09 Proj Percent
Income            
Assessments 8,453,353 8,193,096 8,573,515 8,531,984 (41,531) -0.5%
City of Bella Vista 270,521 1,111,761 1,138,703 1,232,196 93,493 8.2%
Food and Beverage 6,673 6,700 7,221 7,850 629 8.7%
Golf 4,093,656 4,449,665 4,506,229 4,497,973 (8,256) -0.2%
Pro Shop 502,083 502,052 401,127 401,921 794 0.2%
Other Recreation 54,546 66,430 63,772 67,100 3,328 5.2%
RV Park 214,362 252,055 221,356 223,541 2,185 1.0%
Facility Use Fees 595,368 621,258 665,827 643,196 (22,631) -3.4%
Boat 270,304 384,362 345,934 344,750 (1,184) -0.3%
Interest on Investments 391,029 264,000 296,015 292,560 (3,455) -1.2%
Water 0 0 0 0 0 0.0%
Sanitation Services 964,726 0 21,834 21,804 (30) -0.1%
Restricted Revenue 0 0 0 0 0 0.0%
Stump Dump 82,450 79,375 41,275 47,625 6,350 15.4%
Lot Sales 165,586 88,000 160,757 126,200 (34,557) -21.5%
Transfer Fees 249,333 345,000 374,620 234,900 (139,720) -37.3%
Other 487,953 324,954 470,350 301,430 (168,920) -35.9%
Total Income 16,801,943 16,688,708 17,288,535 16,975,030 (313,505) -1.9%
           
Food and Beverage 1,520 3,500 2,823 3,500 677 24.0%
Water 0 0 0 0 0 0.0%
Pro Shop 362,554 372,252 288,425 296,360 7,935 2.8%
Foreclosed Lots 0 0 0 0 0 0.0%
Other Recreation 20,367 16,900 21,003 19,200 (1,803) -8.6%
Print Shop 0 0 6,946 0 (6,946) -100.0%
Total Cost of Goods 384,441 392,652 319,198 319,060 (138) 0.0%
           
Gross Profit 16,417,502 16,296,056 16,969,337 16,655,970 (313,367) -1.9%
           
Expenses            
Salary and Wages 6,595,016 6,917,263 6,757,141 6,940,160 183,019 2.7%
Employee Benefits 1,687,230 1,867,222 1,534,239 1,717,679 183,440 12.0%
Maintenance and Repairs 807,753 776,203 1,160,659 861,997 (298,662) -25.7%
Supplies 1,758,686 1,746,344 1,806,115 1,769,825 (36,290) -2.0%
Outside Contracts 1,329,379 1,310,332 1,266,906 1,414,325 147,419 11.6%
Contract Sanitation Service 731,798 0 16,666 16,704 38 0.2%
Insurance – Liability and Casualty 514,151 424,867 410,500 431,989 21,489 5.2%
Utilities 737,324 837,548 785,258 830,732 45,474 5.8%
Memberships, Training and Travel 102,608 134,675 78,742 118,057 39,315 49.9%
Fuel and Oil 364,557 346,327 263,173 280,552 17,379 6.6%
Taxes and Permits 320,888 310,291 323,093 266,146 (56,947) -17.6%
Professional Services 272,786 248,690 248,476 282,588 34,112 13.7%
Membership Elections 10,589 30,000 11,873 100,000 88,127 742.2%
Postage 104,094 150,500 108,223 156,690 48,467 44.8%
Bank Charges & Interest 109,875 125,268 123,478 138,826 15,348 12.4%
Other (372,207) (549,962) 910 (49,972) (50,882) -5592.8%
Total Operating Expenses 15,074,527 14,675,568 14,895,452 15,276,298 380,846 2.6%
           
Pre-Depreciation Gross 1,342,975 1,620,488 2,073,885 1,379,672 (694,213) -42.8%
           
Depreciation 1,418,587 1,645,893 1,476,905 1,667,193 190,288 12.9%
           
Accounting Change – Vacation & Sick Accurals (247,191) 0 0 0 0 0.0%
           
Allocations – PW 0 0 0 0 0 0.0%
Allocations – F & A 0 0 0 0 0 0.0%
Total Allocations 0 0 0 0 0 0.0%
           
Net Income / Cost of Operations 171,579 (25,405) 596,980 (287,521) (884,501) 3481.6%
           
Simple Cash Flow            
Add: Depreciation 1,418,587 1,645,893 1,476,905 1,667,193 190,288 12.9%
Add: Assets Transferred to City of BV 0 0 0 0 0 0.0%
Subtract: Capital Projects (1,201,036) (1,954,788) (2,294,003) (2,209,200) 84,803 -3.7%
Subtract: Appropriated for Unspecified 0 0 0 0 0 0.0%
Add: From Reserves 100,710 334,300 334,300 910,000 575,700 172.2%
Add: Funds for Carry Over Expenses 323,614 0 13,300 0 (13,300) -100.0%
Subtract: Carry Over Capital Projects (40,317) (318,718) (315,721) 0 315,721 -100.0%
Add: Reserves for Carry Over Capital 40,317 318,718 315,721 0 (315,721) -100.0%
Add: Financing 0 0 0 0 0 0.0%
Subtract: Debt Service 0 0 0 0 0 0.0%
Simple Cash Flow 813,454 0 127,482
80,472 (47,010) -36.9%