Clubs Division

Bella Vista Village Property Owners Association
Clubs Division
For the Twelve Months Ending December 31, 2013
After Audit
             
December
2013
December
 2013
YTD YTD YTD 12 Month PREVIOUS YR.
DESCRIPTION ACTUAL BUDGET Actual Budget Variance Total Budget ACTUAL
             
Income              
Assessments 57,024 57,024 743,528 743,528 0 743,528 673,988
Other 650 1,800 7,800 18,550 (10,750) 18,550 14,678
Total Income 57,674 58,824 751,328 762,078 (10,750) 762,078 688,666
             
Gross Profit 57,674 58,824 751,328 762,078 (10,750) 762,078 688,666
             
Expenses              
Salary and Wages 3,408 2,821 36,367 36,672 (305) 36,672 35,620
Employee Benefits 434 355 5,094 5,453 (360) 5,453 4,997
Maintenance and Repairs 4,398 2,750 34,890 52,695 (17,805) 52,695 25,707
Supplies 15,879 1,055 29,563 13,560 16,003 13,560 20,189
Outside Contracts 1,137 2,119 20,327 25,164 (4,837) 25,164 22,704
Insurance 3,957 3,349 49,109 40,200 8,909 40,200 39,696
Utilities 8,254 8,443 76,073 119,523 (43,450) 119,523 86,165
Memberships, Training and Travel 95 75 524 900 (376) 900 1,064
Taxes and Permits 2,821 2,821 34,244 34,157 87 34,157 55,245
Professional Services 8,953 0 8,953 0 8,953 0 700
Other 0 0 1,892 1,300 592 1,300 654
Total Operating Expenses 49,336 23,788 297,035 329,624 (32,589) 329,624 292,741
             
Allocations – MAC 29,504 29,504 364,503 364,503 (0) 364,503 333,483
Allocations – F & A 5,531 5,531 67,952 67,952 0 67,952 57,975
Total Allocations 35,036 35,036 432,454 432,454 (0) 432,454 391,458
             
Pre Depreciation Gross (26,698) (0) 21,839 (0) 21,839 (0) 4,467
             
Depreciation 29,734 30,311 357,330 368,516 (11,186) 368,516 342,336
             
Net Income / Cost of Operations (56,432) (30,311) (335,491) (368,516) 33,025 (368,516) (337,869)