Page 23 - Eagle Landing Academic Year 2021-22 Quarter 2
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Eagle Landing
Budget Comparison Report
Managed by RISE Residential
As of January 31, 2022
Prior MTD Prior YTD Current
Month to Date 01/31/2022 01/31/2021 Year to Date 01/31/2022 01/31/2021 Fiscal Year
Actual Budget Variance Actual Variance Actual Budget Variance Actual Variance Budget
20,714 13,085 (7,629) 12,941 (7,773) 6461 - Electricity Occupied Units 156,179 137,280 (18,900) 131,088 (25,091) 269,024
12,803 12,164 (639) 11,805 (998) 6462 - Cable 73,977 73,294 (684) 71,152 (2,826) 146,280
5,856 6,862 1,006 8,775 2,919 6463 - Water/Sewer Units 80,934 83,513 2,580 82,961 2,027 164,682
12,344 11,718 (626) 11,434 (910) 6465 - Internet Service 71,200 70,177 (1,023) 68,192 (3,008) 140,487
51,723 43,829 (7,894) 44,961 (6,762) TOTAL UNIT UTILITIES EXPENSE 382,783 364,264 (18,519) 353,607 (29,176) 720,473
56,802 48,162 (8,640) 50,036 (6,766) TOTAL UTILITIES 411,898 399,435 (12,463) 387,620 (24,279) 786,693
MANAGEMENT FEES
19,793 21,623 1,830 22,936 3,142 6320 - Management Fee 128,948 126,667 (2,281) 131,813 2,865 254,994
19,793 21,623 1,830 22,936 3,142 TOTAL MANAGEMENT FEES 128,948 126,667 (2,281) 131,813 2,865 254,994
180,267 171,303 (8,964) 166,446 (13,822) TOTAL CONTROLLABLE EX- 1,267,982 1,380,491 112,509 1,177,171 (90,811) 2,554,217
PENSES
450,483 446,490 3,993 435,081 15,401 CONTROLLABLE CASH FLOW 2,533,093 2,238,530 294,563 2,486,298 46,795 4,731,310
TAXES & INSURANCE
56,388 50,909 (5,479) 53,454 (2,934) 6710 - Property Taxes 326,641 305,454 (21,187) 342,587 15,945 610,909
0 0 0 0 0 6717 - Licenses & Fees 228 0 (228) 0 (227) 300
22,322 19,367 (2,955) 20,286 (2,036) 6720 - Property Insurance 143,471 111,585 (31,886) 110,271 (33,200) 227,781
0 54 54 0 0 6721 - Other Insurance 0 328 328 0 0 656
0 0 0 0 0 6750 - Property Tax Consultant 0 0 0 0 0 1,400
78,710 70,330 (8,380) 73,740 (4,970) TOTAL TAXES & INSURANCE 470,340 417,367 (52,973) 452,858 (17,483) 841,046
371,773 376,160 (4,387) 361,341 10,432 NET OPERATING INCOME 2,062,753 1,821,163 241,590 2,033,440 29,313 3,890,264
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