Recreation Division

Bella Vista Village Property Owners Association
Recreation 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 157,842 157,842 1,821,417 1,821,417 0   1,641,617
Food and Beverage 1,105 1,000 8,373 6,700 1,673  25.0% 6,673
Other Recreation 1,609 2,500 54,019 57,430 (3,411) ( 5.9%) 46,141
RV Park 3,635 11,743 200,240 252,055 (51,815) ( 20.6%) 214,362
Facility Use Fees 22,658 19,667 391,005 351,697 39,308  11.2% 375,501
Other 3,009 950 45,956 31,176 14,780  47.4% 45,966
Total Income 189,859 193,702 2,521,010 2,520,475 535  0.0% 2,330,260
             
Food and Beverage 332 700 2,460 3,500 (1,040) ( 29.7%) 1,520
Gun Range 1,382 1,300 22,631 16,900 5,731  33.9% 20,367
Total Cost of Goods 1,714 2,000 25,091 20,400 4,691  23.0% 21,887
             
Gross Profit 188,145 191,702 2,495,918 2,500,075 (4,157) ( 0.2%) 2,308,373
             
Expenses              
Salary and Wages 28,429 33,038 493,897 501,124 (7,227) ( 1.4%) 456,345
Employee Benefits 2,312 7,955 83,970 111,069 (27,099) ( 24.4%) 87,347
Maintenance and Repairs 6,006 466 125,991 83,809 42,182  50.3% 159,119
Supplies 43,526 2,598 191,152 159,604 31,548  19.8% 168,130
Outside Contracts 6,987 5,053 96,904 102,340 (5,436) ( 5.3%) 119,975
Insurance 1,975 2,226 30,361 29,543 818  2.8% 37,448
Utilities 16,153 18,128 202,008 219,688 (17,680) ( 8.0%) 201,615
Memberships, Training and Travel 472 145 3,053 5,108 (2,055) ( 40.2%) 2,584
Fuel and Oil 23 104 2,197 904 1,293  143.1% 3,530
Taxes and Permits 2,059 1,126 16,577 13,938 2,639  18.9% 18,182
Professional Services 0 0 0 0 0   1,552
Postage 33 0 360 49 311  635.6% 313
Credit Card Fees & Interest Expense 155 200 3,672 2,885 787  27.3% 4,005
Other 6,210 6,649 38,920 29,542 9,378  31.7% 27,927
Total Operating Expenses 114,340 77,688 1,289,064 1,259,603 29,461  2.3% 1,288,070
             
Allocations – PW 49,225 49,225 581,327 581,327 0   546,467
Allocations – F & A 14,917 14,917 147,400 148,184 (784) ( 0.5%) 128,774
Total Allocations 64,142 64,142 728,727 729,511 (784) ( 0.1%) 675,241
             
Pre Depreciation Gross 9,662 49,872 478,128 510,961 (32,834) ( 6.4%) 345,062
             
Depreciation 57,816 19,496 246,726 231,636 15,090  6.5% 174,024
             
Net Income / Cost of Operations (48,153) 30,376 231,401 279,325 (47,924) ( 17.2%) 171,038