Page 28 - Eagle Landing Academic Year 2021-22 Quarter 2
P. 28
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
0 0 0 0 0 1590 - Safety Systems (3,476) (8,034) 4,558 0 (3,476) (8,034)
0 0 0 0 0 1504 - Furniture-Units 0 0 0 (22,685) 22,685 (25,000)
0 (4,620) 4,620 0 0 TOTAL CAPITAL EXPENDITURES (42,816) (129,954) 87,138 (42,404) (412) (154,954)
RESERVES
(9,728) (9,728) 0 (9,728) 0 1320 - Replacement Reserve Fund (58,368) (58,368) 0 (58,368) 0 (116,736)
(9,728) (9,728) 0 (9,728) 0 TOTAL RESERVES (58,368) (58,368) 0 (58,368) 0 (116,736)
61,840 66,259 (4,419) (29,304) 91,144 GAAP NET INCOME (LOSS) 208,969 (24,932) 233,901 (302,259) 511,228 201,780
1.94 1.96 (0.02) 1.88 (0) DEBT COVERAGE RATIO 1.81 1.60 0.21 1.78 (0) 1.72
Page 14
