Lakes Division

Bella Vista Village Property Owners Association
Lakes 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 82,856 82,856 994,338 994,338 0   857,431
Other Recreation 0 0 8,824 9,000 (176) ( 2.0%) 8,405
Facility Use Fees 7,073 7,073 84,854 84,854 0   89,206
Boat 39 9,370 320,249 384,362 (64,113) ( 16.7%) 270,304
Other 16 0 1,543 0 1,543   732
Total Income 89,984 99,299 1,409,808 1,472,554 (62,746) ( 4.3%) 1,226,078
             
Gross Profit 89,984 99,299 1,409,808 1,472,554 (62,746) ( 4.3%) 1,226,078
             
Expenses              
Salary and Wages 26,561 18,393 290,306 284,097 6,209  2.2% 260,152
Employee Benefits 1,660 4,031 43,090 57,879 (14,789) ( 25.6%) 46,789
Maintenance and Repairs 19,581 715 132,042 81,889 50,153  61.2% 30,902
Supplies 23,373 2,252 103,064 103,222 (158) ( 0.2%) 70,579
Outside Contracts 6,427 2,125 46,950 64,301 (17,351) ( 27.0%) 85,731
Insurance 5,757 5,720 71,951 74,445 (2,494) ( 3.4%) 86,226
Utilities 2,579 2,033 24,674 23,449 1,225  5.2% 20,474
Memberships, Training and Travel 399 0 3,873 8,277 (4,404) ( 53.2%) 1,720
Fuel and Oil 1,732 1,813 19,081 25,418 (6,337) ( 24.9%) 26,173
Taxes and Permits 7,307 7,657 84,735 95,380 (10,645) ( 11.2%) 89,493
Professional Services 9,645 2,872 58,490 55,272 3,218  5.8% 52,815
Postage 90 8 543 118 425  360.3% 113
Other (1,516) 0 5,317 2,156 3,161  146.6% 3,033
Total Operating Expenses 103,597 47,619 884,117 875,903 8,214  0.9% 774,199
             
Allocations – PW 27,403 27,403 329,001 329,001 0   309,184
Allocations – F & A 2,719 2,719 32,650 32,650 0   27,234
Total Allocations 30,122 30,122 361,651 361,651 0   336,418
             
Pre Depreciation Gross (43,735) 21,558 164,041 235,000 (70,959) ( 30.2%) 115,462
             
Depreciation 21,711 12,496 98,866 135,824 (36,958) ( 27.2%) 73,967
             
Net Income / Cost of Operations (65,446) 9,062 65,175 99,176 (34,001) ( 34.3%) 41,494