Recreation Division

Bella Vista Village Property Owners Association
Recreation 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 102,822 102,822 1,641,617 1,641,617 0 0
Food and Beverage 1,874 2,000 6,673 9,827 (3,154) ( 32.1%) 9,044
Other Recreation 1,176 2,500 46,141 57,609 (11,468) ( 19.9%) 46,905
RV Park 6,889 10,108 214,362 221,600 (7,238) ( 3.3%) 207,126
Facility Use Fees 14,442 10,507 375,501 321,004 54,497  17.0% 249,620
Other 1,616 1,025 45,966 30,583 15,383  50.3% 36,992
Total Income 128,819 128,962 2,330,260 2,282,240 48,020  2.1% 549,687
Food and Beverage 490 700 1,520 3,370 (1,850) ( 54.9%) 2,427
Other Recreation 0 1,300 20,367 16,900 3,467  20.5% 15,518
Total Cost of Goods 490 2,000 21,887 20,270 1,617  8.0% 17,945
Gross Profit 128,329 126,962 2,308,373 2,261,970 46,403  2.1% 531,742
Expenses
Salary and Wages 27,246 27,462 456,345 465,090 (8,745) ( 1.9%) 366,708
Employee Benefits 10,908 8,386 87,347 107,295 (19,948) ( 18.6%) 71,130
Maintenance and Repairs 24,435 810 159,119 130,880 28,239  21.6% 94,463
Supplies 34,847 3,560 168,130 145,055 23,075  15.9% 64,510
Outside Contracts 6,998 4,551 119,975 106,463 13,512  12.7% 90,601
Insurance 1,042 3,073 37,448 37,726 (278) ( 0.7%) 43,321
Utilities 20,522 16,778 201,615 197,996 3,619  1.8% 175,829
Memberships, Training and Travel 472 135 2,584 10,482 (7,898) ( 75.4%) 815
Fuel and Oil 110 239 3,530 5,388 (1,858) ( 34.5%) 3,577
Taxes and Permits 1,150 1,130 18,182 15,170 3,012  19.9% 14,205
Professional Services 0 0 1,552 0 1,552 0
Postage 12 0 313 86 227  264.1% 275
Interest Expense & Credit Card Fees 495 200 4,005 3,069 936  30.5% 3,359
Other 3,025 4,680 27,927 27,154 773  2.8% 16,848
Total Operating Expenses 131,262 71,004 1,288,070 1,251,854 36,216  2.9% 945,639
Pre-Depreciation Gross (2,934) 55,958 1,020,303 1,010,116 10,187  1.0% (413,897)
Depreciation 16,165 18,736 174,024 219,409 (45,385) ( 20.7%) 156,719
Allocations – PW 45,571 45,571 546,467 546,467 0 0
Allocations – F & A 10,711 10,711 128,774 128,774 0 0
Total Allocations 56,282 56,282 675,241 675,241 0 0
Audit – Accounting Change (12,072) 0 (12,072) 0 (12,072) 0
Net Income / Cost of Operations (63,308) (19,060) 183,110 115,466 67,644  58.6% (570,616)