Recreation Division

  Bella Vista Village Property Owners Association  
  Recreation Division  
  For the Twelve Months Ending December 31, 2012 After Audit  
             
December 2012 December 2012 YTD YTD YTD 12 Month PREVIOUS YR.
DESCRIPTION ACTUAL BUDGET Actual Budget Variance Total Budget ACTUAL
Income              
Assessments 130,373 130,373 1,625,436 1,625,436 (0) 1,625,436 1,403,291
Food and Beverage 675 900 6,357 4,360 1,997 4,360 4,265
Other Recreation 3,265 4,000 62,140 56,000 6,140 56,000 52,024
RV Park 5,313 0 168,468 165,212 3,256 165,212 154,245
Facility Use Fees 23,647 11,418 433,839 417,299 16,540 417,299 436,151
Other 2,644 2,045 53,925 51,995 1,930 51,995 52,905
Total Income 165,916 148,736 2,350,165 2,320,302 29,863 2,320,302 2,102,881
             
Food and Beverage 204 165 1,995 1,980 15 1,980 1,957
Gun Range 1,863 1,500 28,697 26,586 2,111 26,586 24,485
Total Cost of Goods 2,067 1,665 30,692 28,566 2,126 28,566 26,441
             
Gross Profit 163,849 147,071 2,319,474 2,291,736 27,737 2,291,736 2,076,439
             
Expenses              
Salary and Wages 14,615 38,761 566,546 583,772 (17,227) 583,772 521,126
Employee Benefits 3,718 8,070 110,141 121,157 (11,016) 121,157 110,182
Maintenance and Repairs 7,642 1,900 109,642 120,373 (10,731) 120,373 171,074
Supplies 15,963 4,355 151,523 150,117 1,406 150,117 164,189
Outside Contracts 7,820 6,598 111,412 106,006 5,406 106,006 99,340
Insurance 2,036 2,512 30,637 30,816 (179) 30,816 28,096
Utilities 17,169 19,699 241,897 242,134 (237) 242,134 222,222
Memberships, Training and Travel 1,692 200 6,899 12,915 (6,016) 12,915 7,741
Fuel and Oil 300 9 3,676 3,602 75 3,602 4,479
Taxes and Permits 11,086 1,321 28,743 17,521 11,222 17,521 18,603
Professional Services 0 0 18,165 0 18,165 0 0
Postage 0 40 76 505 (429) 505 210
Credit Card Fees & Interest Expense 440 160 4,364 2,295 2,069 2,295 3,749
Other 2,022 2,250 36,680 55,250 (18,570) 55,250 39,509
Total Operating Expenses 84,503 85,874 1,420,399 1,446,463 (26,064) 1,446,463 1,390,520
             
Allocations – MAC 43,833 43,833 570,616 570,616 0 570,616 568,616
Allocations – F & A 17,363 17,363 227,657 227,657 0 227,657 212,053
Total Allocations 61,196 61,196 798,273 798,273 0 798,273 780,669
             
Pre Depreciation Gross 18,149 (0) 100,801 47,000 53,801 47,000 (94,750)
             
Depreciation 19,023 19,085 230,456 231,317 (861) 231,317 217,545
             
Net Income / Cost of Operations (874) (19,085) (129,655) (184,317) 54,662 (184,317) (312,295)