Recreation Division

Bella Vista Village Property Owners Association
Recreation 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 143,108 143,108 1,825,410 1,825,410 0 1,825,410 1,625,436
Food and Beverage 120 1,200 3,784 5,500 (1,716) 5,500 6,357
Other Recreation 1,482 4,000 57,088 59,215 (2,127) 59,215 62,140
RV Park 4,494 0 157,796 174,215 (16,419) 174,215 168,468
Facility Use Fees 24,506 22,138 427,151 426,469 682 426,469 433,839
Other 1,965 2,505 69,868 52,780 17,088 52,780 53,925
Total Income 175,675 172,951 2,541,095 2,543,589 (2,493) 2,543,589 2,350,165
             
Food and Beverage 6 166 1,359 1,992 (633) 1,992 1,995
Gun Range 778 2,200 29,059 26,400 2,659 26,400 28,697
Total Cost of Goods 784 2,366 30,418 28,392 2,026 28,392 30,692
             
Gross Profit 174,891 170,585 2,510,677 2,515,197 (4,519) 2,515,197 2,319,474
             
Expenses              
Salary and Wages (1,343) 39,068 548,072 583,547 (35,475) 583,547 566,546
Employee Benefits 515 7,562 105,195 115,471 (10,276) 115,471 110,141
Maintenance and Repairs 24,887 4,050 167,481 129,837 37,644 129,837 109,642
Supplies 51,803 5,280 154,014 133,725 20,289 133,725 151,523
Outside Contracts 9,465 7,188 113,466 122,111 (8,645) 122,111 111,412
Insurance 2,547 2,774 34,847 33,288 1,559 33,288 30,637
Utilities 24,276 20,941 261,635 255,464 6,171 255,464 241,897
Memberships, Training and Travel 6,119 300 9,530 13,830 (4,300) 13,830 6,899
Fuel and Oil 192 117 3,925 5,038 (1,112) 5,038 3,676
Taxes and Permits 1,386 1,308 20,135 17,351 2,784 17,351 28,743
Professional Services 0 0 0 0 0 0 18,165
Postage 0 40 427 505 (79) 505 76
Credit Card Fees & Interest Expense 185 275 4,099 3,675 424 3,675 4,364
Other 2,738 2,400 31,077 59,480 (28,403) 59,480 36,680
Total Operating Expenses 122,769 91,302 1,453,905 1,473,322 (19,417) 1,473,322 1,420,399
             
Allocations – MAC 49,282 49,282 605,519 605,519 (1) 605,519 570,616
Allocations – F & A 30,002 30,002 436,355 436,355 0 436,355 227,657
Total Allocations 79,283 79,283 1,041,874 1,041,874 (1) 1,041,874 798,273
             
Pre Depreciation Gross (27,162) 0 14,899 (0) 14,899 (0) 100,801
             
Depreciation 17,456 17,642 221,598 222,770 (1,172) 222,770 230,456
             
Net Income / Cost of Operations (44,618) (17,642) (206,699) (222,770) 16,071 (222,770) (129,655)