Clubs Division

Bella Vista Village Property Owners Association
Clubs Division
For the Twelve Months Ending December 31, 2009
After Audit Numbers
             
December 2009 December 2009 YTD YTD YTD   PREVIOUS YR.
DESCRIPTION ACTUAL BUDGET Actual Budget Variance Variance % ACTUAL
Income              
Assessments 57,720 57,720 784,512 784,512 0   741,923
Other 2,919 2,750 34,309 32,400 1,909  5.9% 10,520
Total Income 60,639 60,470 818,821 816,912 1,909  0.2% 752,443
             
Gross Profit 60,639 60,470 818,821 816,912 1,909  0.2% 752,443
             
Expenses              
Salary and Wages 984 1,037 11,495 13,484 (1,989) ( 14.8%) 10,708
Employee Benefits 69 349 1,075 4,465 (3,390) ( 75.9%) 1,083
Maintenance and Repairs 8,860 948 34,116 29,473 4,643  15.8% 28,386
Supplies 9,336 532 47,382 52,317 (4,935) ( 9.4%) 131,861
Outside Contracts 2,252 601 19,063 19,112 (49) ( 0.3%) 27,069
Insurance 3,051 3,238 38,492 39,067 (575) ( 1.5%) 39,158
Utilities 8,259 8,704 82,371 126,058 (43,687) ( 34.7%) 94,986
Memberships, Training and Travel 67 0 466 0 466   546
Fuel and Oil 0 0 0 0 0   271
Taxes and Permits 2,760 1,746 33,851 21,654 12,197  56.3% 26,986
Professional Services 0 0 0 0 0   7,192
Credit Card Fees & Interest Expense 0 0 200 0 200   0
Other 0 0 789 0 789   (6,361)
Total Operating Expenses 35,638 17,155 269,300 305,630 (36,330) ( 11.9%) 361,887
             
Allocations – PW 31,588 31,588 379,144 379,144 0   301,004
Allocations – F & A 3,756 3,756 45,138 45,138 0   76,435
Total Allocations 35,344 35,344 424,282 424,282 0   377,439
             
Pre Depreciation Gross (10,343) 7,971 125,239 87,000 38,239  44.0% 13,118
             
Depreciation 81,404 30,887 371,010 369,484 1,526  0.4% 340,663
             
Net Income / Cost of Operations (91,747) (22,916) (245,772) (282,484) 36,712 ( 13.0%) (327,545)