Water Division

 Bella Vista Village Property Owners Association
Lakes Division
For the Twelve Months Ending December 31, 2006
After Audit Numbers 

December 2006 December 2006   YTD   YTD YTD     PREVIOUS YR.
DESCRIPTION ACTUAL BUDGET   Actual   Budget Variance   Variance % ACTUAL
Income                    
Water 465,403 434,364   6,207,625   5,796,690 410,935    7.1% 5,299,676
Restricted Revenue 603 185   7,998   2,220 5,778    260.3% 2,413
Other 71,256 0   3,017,329   3,656,624 (639,295)   ( 17.5%) (131)
Total Income 537,261 434,549   9,232,951   9,455,534 (222,583)   ( 2.4%) 5,301,958
                   
                   
Water 118,646 136,498   1,915,304   1,924,783 (9,479)   ( 0.5%) 1,908,018
Total Cost of Goods 118,646 136,498   1,915,304   1,924,783 (9,479)   ( 0.5%) 1,908,018
                   
Gross Profit 418,615 298,051   7,317,647   7,530,751 (213,104)   ( 2.8%) 3,393,940
                   
Expenses                    
Salary and Wages 54,435 57,760   678,635   750,272 (71,637)   ( 9.5%) 469,929
Employee Benefits 9,863 21,390   190,278   272,345 (82,067)   ( 30.1%) 146,347
Maintenance and Repairs 38,643 13,795   230,779   166,555 64,224    38.6% 157,125
Supplies 125,969 33,405   442,221   432,770 9,451    2.2% 432,012
Outside Contracts 9,823 6,490   90,107   95,265 (5,158)   ( 5.4%) 95,677
Insurance 16,186 13,170   163,738   158,040 5,698    3.6% 148,224
Utilities 7,055 6,435   77,053   68,220 8,833    12.9% 66,175
Memberships, Training and Travel 781 35   7,661   4,225 3,436    81.3% 1,687
Fuel and Oil 3,428 4,278   52,539   51,558 981    1.9% 42,177
Taxes and Permits 4,495 3,863   47,321   50,816 (3,495)   ( 6.9%) 46,752
Professional Services 1,913 0   10,722   40,000 (29,278)   ( 73.2%) 28,262
Postage 9,976 4,121   63,375   47,974 15,401    32.1% 41,934
Interest Expense & Credit Card Fees 2,634 12,425   38,846   149,100 (110,254)   ( 73.9%) 36,772
Other 62,698 58,185   714,227   704,987 9,240    1.3% 479,810
Total Operating Expenses 347,900 235,352   2,807,501   2,992,127 (184,626)   ( 6.2%) 2,192,882
                   
Pre-Depreciation Gross 70,716 62,699   4,510,146   4,538,624 (28,478)   ( 0.6%) 1,201,058
                   
Depreciation 46,593 48,417   559,455   569,054 (9,599)   ( 1.7%) 582,394
                   
Net Income / Cost of Operations 24,123 14,282   3,950,691   3,969,570 (18,879)   ( 0.5%) 618,664