Page 26 - 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
170,031 169,798 233 159,600 10,432 CASH FLOW BEFORE DEPREC/ 821,874 493,146 328,728 792,973 28,900 1,357,766
AMORT
DEPRECIATION/AMORTIZATION
4,083 4,083 0 4,084 0 8006 - Amortization-Loan Fees 24,502 24,502 0 24,502 0 49,004
113,836 113,804 (31) 194,548 80,713 8010 - Depreciation Expense 681,811 681,898 87 1,166,274 484,463 1,364,722
117,919 117,887 (31) 198,632 80,713 TOTAL DEPREC/AMORT 706,313 706,400 87 1,190,776 484,463 1,413,726
OTHER EXPENSES
0 0 0 0 0 8517 - Audit/Tax Return Fees 7,776 0 (7,776) 5,227 (2,548) 13,950
0 0 0 0 0 TOTAL OTHER EXPENSES 7,776 0 (7,776) 5,227 (2,548) 13,950
52,112 51,911 202 (39,032) 91,144 CASH FLOW AFTER DEPREC/ 107,785 (213,254) 321,039 (403,030) 510,815 (69,910)
AMORT AND OTHER EXP.
RECONCILIATION TO GAAP NET
INCOME (LOSS)
CAPITAL EXPENDITURES
0 0 0 0 0 1465 - Equipment (1,482) 0 (1,482) (4,844) 3,361 0
0 0 0 0 0 1466 - Computer Equip/Software (5,832) 0 (5,832) (1,651) (4,180) 0
0 0 0 0 0 1513 - Landscaping (4,995) 0 (4,995) (4,485) (510) 0
0 0 0 0 0 1520 - Amenities - Exterior (8,244) (7,720) (524) 0 (8,244) (7,720)
0 0 0 0 0 1521 - Amenities - Interior 0 (16,000) 16,000 0 0 (16,000)
0 0 0 0 0 1526 - Carpet/Vinyl Replacement (3,724) (23,000) 19,276 (6,942) 3,219 (23,000)
0 0 0 0 0 1533 - Appliances (524) (9,000) 8,477 0 (524) (9,000)
0 (4,620) 4,620 0 0 1544 - Computers 0 (7,000) 7,000 0 0 (7,000)
0 0 0 0 0 1546 - Fitness Center - Equipment 0 (19,900) 19,900 0 0 (19,900)
0 0 0 0 0 1555 - Lighting - Exterior (7,889) 0 (7,890) 0 (7,889) 0
0 0 0 0 0 1560 - Maintenance Equipment 0 (2,775) 2,776 (1,797) 1,796 (2,775)
0 0 0 0 0 1565 - Painting - Exterior 0 (14,925) 14,925 0 0 (14,925)
0 0 0 0 0 1570 - Playgrounds & Picinic Areas 0 (2,400) 2,400 0 0 (2,400)
0 0 0 0 0 1581 - Pool Furniture 0 (19,200) 19,200 0 0 (19,200)
0 0 0 0 0 1585 - Roof & Gutters (6,650) 0 (6,651) 0 (6,650) 0
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