Clubs Division

Bella Vista Village Property Owners Association
Clubs Division
For the Twelve Months Ending December 31, 2008
After Audit Numbers 
 
December 2008 December 2008 YTD YTD YTD   PREVIOUS YR.
DESCRIPTION ACTUAL BUDGET Actual Budget Variance Variance % ACTUAL
             
Income              
Assessments 49,756 49,756 741,923 741,923 0   0
Other 2,650 2,550 10,520 31,653 (21,133) ( 66.8%) 20,820
Total Income 52,406 52,306 752,443 773,576 (21,133) ( 2.7%) 20,820
             
             
Gross Profit 52,406 52,306 752,443 773,576 (21,133) ( 2.7%) 20,820
             
Expenses              
Salary and Wages 1,086 2,003 10,708 35,860 (25,152) ( 70.1%) 16,126
Employee Benefits 99 1,257 1,083 10,828 (9,745) ( 90.0%) 2,462
Maintenance and Repairs 7,039 1,250 28,386 44,299 (15,913) ( 35.9%) 25,346
Supplies 57,469 0 131,861 128,841 3,020  2.3% 35,080
Outside Contracts 1,207 180 27,069 19,228 7,841  40.8% 30,659
Insurance 3,209 3,048 39,158 36,337 2,821  7.8% 46,123
Utilities (24,861) 9,328 94,986 114,092 (19,106) ( 16.7%) 110,164
Memberships, Training and Travel 69 0 546 0 546   0
Fuel and Oil 0 78 271 1,105 (834) ( 75.4%) 847
Taxes and Permits 2,760 1,861 26,986 23,343 3,643  15.6% 29,723
Professional Services 0 0 7,192 0 7,192   (148)
Other 0 0 (6,361) 0 (6,361)   (5,762)
Total Operating Expenses 48,077 19,005 361,887 413,933 (52,046) ( 12.6%) 290,621
             
Pre-Depreciation Gross 4,329 33,301 390,557 359,643 30,914  8.6% (269,801)
             
Depreciation 26,424 22,816 340,663 273,780 66,883  24.4% 399,409
             
Allocations – PW 25,080 25,080 301,004 301,004 0   0
Allocations – F & A 6,354 6,354 76,435 76,435 0   0
Total Allocations 31,434 31,434 377,439 377,439 0   0
             
Net Income / Cost of Operations (53,529) (20,949) (327,545) (291,576) (35,969)  12.3% (669,210)