Clubs Division

  Bella Vista Village Property Owners Association  
  Clubs 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 54,634 54,634 673,988 673,988 (0) 673,988 828,101
Facility Use Fees 0 0 0 0 0 0 55
Other 600 2,000 14,678 20,000 (5,322) 20,000 17,363
Total Income 55,234 56,634 688,666 693,988 (5,322) 693,988 845,519
             
Gross Profit 55,234 56,634 688,666 693,988 (5,322) 693,988 845,519
             
Expenses              
Salary and Wages 2,599 2,765 35,620 35,950 (331) 35,950 11,075
Employee Benefits 369 348 4,997 5,362 (365) 5,362 1,601
Maintenance and Repairs 3,365 4,700 25,707 50,700 (24,993) 50,700 32,672
Supplies 4,480 655 20,189 13,660 6,529 13,660 45,889
Outside Contracts 1,440 3,859 22,704 37,195 (14,491) 37,195 29,095
Insurance 4,137 3,262 39,696 39,192 504 39,192 36,946
Utilities 7,571 6,455 86,165 80,960 5,205 80,960 109,768
Memberships, Training and Travel 87 100 1,064 750 314 750 779
Taxes and Permits 25,955 3,085 55,245 37,434 17,811 37,434 34,514
Professional Services 0 0 700 0 700 0 0
Other 0 1,326 654 1,326 (672) 1,326 1,365
Total Operating Expenses 50,003 26,556 292,741 302,530 (9,789) 302,530 303,705
             
Allocations – MAC 25,451 25,451 333,483 333,483 0 333,483 356,642
Allocations – F & A 4,628 4,628 57,975 57,975 (0) 57,975 62,265
Total Allocations 30,078 30,078 391,458 391,458 (0) 391,458 418,907
             
Pre Depreciation Gross (24,847) (0) 4,467 (0) 4,467 (0) 122,907
             
Depreciation 27,946 29,260 342,336 352,759 (10,423) 352,759 301,950
             
Net Income / Cost of Operations (52,793) (29,260) (337,869) (352,759) 14,890 (352,759) (179,043)