2012

Thu, October 1, 2015 |


Bella Vista Village POA Consolidated without
Water Utility
12/31/2011
           
2010 2011 2011 2012 12 Budget to Change
Actual Budget Actual Budget 11 Actual Percent
Income            
Assessments 8,464,907 8,496,000 8,492,015 8,527,190 35,175 0.4%
City of Bella Vista 1,176,504 1,215,516 1,209,918 378,225 (831,693) -68.7%
Food and Beverage 8,747 7,900 4,265 4,360 95 2.2%
Golf 4,118,142 4,248,110 3,976,310 3,914,101 (62,209) -1.6%
Pro Shop 433,520 436,785 475,851 442,887 (32,964) -6.9%
Other Recreation 60,709 67,636 60,568 64,930 4,362 7.2%
RV Park 197,048 226,735 192,113 198,112 6,000 3.1%
Facility Use Fees 647,755 658,359 646,214 631,592 (14,622) -2.3%
Boat 337,235 361,600 341,178 351,470 10,292 3.0%
Interest on Investments 168,856 144,000 102,928 102,000 (928) -0.9%
Water 0 0 0 0 0 0.0%
Sanitation Services 29,664 31,200 27,955 32,400 4,445 15.9%
Restricted Revenue 0 0 0 0 0 0.0%
Stump Dump 36,830 38,100 15,875 19,050 3,175 20.0%
Lot Sales 112,809 85,200 87,564 84,000 (3,564) -4.1%
Transfer Fees 247,296 264,480 237,633 290,000 52,367 22.0%
Other 352,928 252,196 412,286 295,655 (116,631) -28.3%
Total Income 16,392,951 16,533,817 16,282,673 15,335,972 (946,700) -5.8%
           
Food and Beverage 3,019 3,713 1,957 1,980 23 1.2%
Water 0 0 0 0 0 0.0%
Pro Shop 307,515 300,484 351,182 300,484 (50,698) -14.4%
Printing (27) 0 0 0 0 0.0%
Foreclosed Lots 0 0 0 0 0 0.0%
Gun Range 19,614 22,000 24,485 26,586 2,101 8.6%
Total Cost of Goods 330,122 326,197 377,624 329,050 (48,574) -12.9%
           
Gross Profit 16,062,829 16,207,620 15,905,049 15,006,922 (898,126) -5.6%
           
Expenses            
Salary and Wages 6,797,662 6,955,818 6,961,404 6,774,639 (186,765) -2.7%
Employee Benefits 1,842,149 1,911,593 1,810,895 1,843,771 32,876 1.8%
Maintenance and Repairs 1,018,384 1,338,604 1,149,350 679,592 (469,758) -40.9%
Supplies 1,549,361 1,622,194 1,621,395 1,074,563 (546,832) -33.7%
Outside Contracts 1,394,950 1,397,951 1,398,197 1,438,532 40,335 2.9%
Contract Sanitation Service 21,451 21,600 21,985 22,440 455 2.1%
Insurance 385,191 412,836 420,613 449,326 28,713 6.8%
Utilities 756,145 904,634 887,768 919,909 32,141 3.6%
Memberships, Training and Travel 69,843 99,819 76,759 89,484 12,725 16.6%
Fuel and Oil 300,553 296,695 358,115 326,955 (31,160) -8.7%
Taxes and Permits 309,130 323,278 374,063 349,331 (24,732) -6.6%
Professional Services 234,175 281,152 154,370 279,229 124,859 80.9%
Membership Elections 71,522 40,400 29,460 20,400 (9,060) -30.8%
Postage 109,362 126,852 89,611 109,335 19,724 22.0%
Credit Card Fees & Interest Expense 118,269 140,117 121,048 107,315 (13,733) -11.3%
Other (398,311) (237,846) (165,906) 578,064 743,970 -448.4%
Total Operating Expenses 14,579,836 15,635,697 15,309,127 15,062,885 (246,242) -1.6%
           
Allocations – MAC 0 0 0 (177,729) (177,729) 0.0%
Allocations – F & A 0 0 0 (687,326) (687,326) 0.0%
Total Allocations 0 0 0 (865,055) (865,055) 0.0%
           
Pre Depreciation Gross 1,482,993 571,923 595,922 809,092 213,171 35.8%
           
Depreciation 1,466,977 1,598,841 1,605,420 1,732,317 126,898 7.9%
           
Net Income / Cost of Operations 16,017 (1,026,918) (1,009,498) (923,225) 86,273 -8.5%
           
Simple Cash Flow            
Add: Depreciation 1,466,977 1,598,841 1,605,420 1,732,317 126,898 7.9%
Subtract: Capital Projects (2,234,698) (1,869,619) (1,277,328) (792,150) 485,178 -38.0%
Add: From Reserves 1,393,265 1,377,000 739,710 0 (739,710) -100.0%
Add: Funds for Carry Over Expenses 169,764 0 86,640 0 (86,640) -100.0%
Subtract: Carry Over Capital Projects (543,991) (2,271,375) (2,171,349) (794,098) 1,377,251 -63.4%
Add: Reserves for Carry Over Capital 543,991 2,271,375 2,171,349 794,098 (1,377,251) -63.4%
Add: Financing 0 0 0 0 0 0.0%
Subtract: Debt Service 0 0 0 0 0 0.0%
          0.0%
Simple Cash Flow 811,324 79,304 144,944 16,942 (128,001) -88.3%