POA Summary Financial Results

               
Bella  Vista  Village  POA
Summary Financial Results After Audit
               
Description Dec-08 Dec-08 Timing YTD Actual Plus Variance Dec-07 Variance
Y-T-D Actual Y-T-D Budget Issues Unspent Timing Y-T-D Actual
               
Clubs (327,545) (291,576) 0 (327,545) (35,969) (669,210) 341,665
               
Golf  50,441 (226,061) 0 50,441 276,502 (1,364,929) 1,415,370
               
Recreation 183,110 115,466 0 183,110 67,644 (570,616) 753,726
               
Maintenance & Construction (383,466) (469,983) 0 (383,466) 86,517 (1,651,235) 1,267,769
               
Lakes 45,979 (68,107) 0 45,979 114,086 (424,760) 470,739
               
Water Dept. 1,045,025 882,466 0 1,045,025 162,559 2,491,501 (1,446,476)
               
Sheriff’s Office – 2007 Only 0 0 0 0 0 (1,387,972) 1,387,972
               
Fire & EMS – 2007 Only 0 0 0 0 0 (2,106,085) 2,106,085
               
Finance & Administration 603,058 191,768 0 603,058 411,290 7,642,760 (7,039,702)
               
               
POA Consolidated Total 1,216,602 133,973 0 1,216,602 1,082,629 1,959,454 (742,852)
               
               
Simple Cash Flow              
Add Depreciation 2,289,838 2,674,321 0 2,289,838 (384,483) 2,354,022 (64,184)
Add: Assets Transferred to City 0 0 0 0 0 809,836 (809,836)
Subtract Capital Projects (2,290,721) (3,734,813) 0 (2,290,721) 1,444,092 (3,715,952) 1,425,231
Add: Reserves Carry Over Capital 141,027 855,132 0 141,027 (714,105) 1,619,422 (1,478,395)
Add: Reserves Carry Over Expenses 594,909 594,909 0 594,909 0 714,986 (120,077)
Subtract Debt Service (115,000) (115,000) 0 (115,000) 0 (782,652) 667,652
Simple Cash Flow 1,836,655 408,522 0 1,836,655 1,428,133 2,959,116 (1,122,461)