2011

Thu, October 1, 2015 |

Bella Vista Village POA Consolidated without Water 
 
2009   2010   2010 2011 11 Budget to Change
Description Actual   Budget   Actual Budget 10 Actual Percent
Income                
Assessments 8,628,967   8,531,984   8,464,907 8,496,000 31,093  0.4%
City of Bella Vista 1,139,912   1,181,588   1,176,504 1,215,516 39,012  3.3%
Food and Beverage 8,373   7,850   8,747 7,900 (847) ( 9.7%)
Golf 4,401,366   4,468,698   4,118,142 4,248,110 129,968  3.2%
Pro Shop 440,190   401,921   433,521 436,785 3,264  0.8%
Other Recreation 62,842   66,600   60,710 67,636 6,926  11.4%
RV Park 200,240   222,215   197,048 226,735 29,687  15.1%
Facility Use Fees 659,701   639,035   647,755 658,359 10,604  1.6%
Boat 320,249   344,120   337,235 361,600 24,365  7.2%
Interest on Investments 325,980   292,560   168,856 144,000 (24,856) ( 14.7%)
Water 0   0   0 0 0  0.0%
Sanitation Services 29,365   21,804   29,664 31,200 1,536  5.2%
Restricted Revenue 0   0   0 0 0  0.0%
Stump Dump 55,245   47,625   36,830 38,100 1,270  3.4%
Lot Sales 156,784   126,200   112,809 85,200 (27,609) ( 24.5%)
Transfer Fees 406,899   234,900   247,296 264,480 17,184  6.9%
Other 529,616   300,984   352,932 252,196 (100,736) ( 28.5%)
Total Income 17,365,729   16,888,084   16,392,956 16,533,817 140,861  0.9%
               
Food and Beverage 2,460   3,500   3,019 3,713 694  23.0%
Water 0   0   0 0 0  0.0%
Pro Shop 331,933   296,360   307,514 300,484 (7,030) ( 2.3%)
Printing 11,213   0   (27) 0 27 ( 100.0%)
Gun Range 22,631   19,062   19,614 22,000 2,386  12.2%
Total Cost of Goods 368,237   318,922   330,120 326,197 (3,923) ( 1.2%)
               
Gross Profit 16,997,492   16,569,162   16,062,836 16,207,620 144,784  0.9%
               
Expenses                
Salary and Wages 6,714,194   6,939,937   6,797,662 6,955,818 158,156  2.3%
Employee Benefits 1,343,079   1,717,902   1,842,149 1,911,593 69,444  3.8%
Maintenance and Repairs 1,057,315   870,214   1,018,390 898,604 (119,786) ( 11.8%)
Supplies 1,795,401   1,802,489   1,549,362 1,590,194 40,832  2.6%
Outside Contracts 1,291,553   1,455,388   1,394,951 1,397,777 2,826  0.2%
Contract Sanitation Service 22,127   16,704   21,451 21,600 149  0.7%
Insurance 405,048   431,989   385,194 412,836 27,642  7.2%
Utilities 763,931   836,453   756,146 884,634 128,488  17.0%
Memberships, Training and Travel 84,516   118,057   69,842 99,819 29,977  42.9%
Fuel and Oil 237,848   281,204   300,554 296,695 (3,859) ( 1.3%)
Taxes and Permits 332,825   266,146   309,132 323,278 14,146  4.6%
Professional Services 91,668   266,276   234,176 281,152 46,976  20.1%
Membership Elections 11,873   100,000   71,522 40,400 (31,122) ( 43.5%)
Postage 79,430   156,690   109,362 126,852 17,490  16.0%
Credit Card Fees & Interest Expense 123,504   138,826   118,270 140,117 21,847  18.5%
Other 73,167   (49,972)   (398,322) (237,846) 160,476 ( 40.3%)
Total Operating Expenses 14,427,479   15,348,303   14,579,841 15,143,523 563,682  3.9%
               
Allocations – MAC 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%
               
Pre Depreciation Gross 2,570,013   1,220,859   1,482,995 1,064,097 (418,898) ( 28.2%)
               
Depreciation 1,622,587   1,667,193   1,466,978 1,598,841 131,863  9.0%
               
Net Income / Cost of Operations 947,426   (446,334)   16,017 (534,744) (550,761) (3 438.6%)
               
Simple Cash Flow                
Add: Depreciation 1,622,587   1,667,193   1,466,978 1,598,841 131,863  9.0%
Subtract: Capital Projects (1,335,055)   (4,277,434)   (2,234,698) (984,619) 1,250,079 (55.94%)
Add: From Reserves 72,888   3,086,439   1,393,265 0 (1,393,265) (100.00%)
Add: Funds for Carry Over Expenses 13,300   0   169,764 0 (169,764) (100.00%)
Subtract: Carry Over Capital Projects (244,010)   (837,591)   (543,991) (2,271,375) (1,727,384) 317.54%
Add: Reserves for Carry Over Capital 244,010   837,591   543,991 2,271,375 1,727,384 317.54%
Add: Financing 0   0   0 0 0 0.00%
Subtract: Debt Service 0   0   0 0 0 0.00%
               
Simple Cash Flow 1,321,146   29,864   811,326 79,478 (731,848) (90.20%)