Page 42 - Eagle Landing Academic Year 2021-22 Quarter 2

Eagle Landing

Financial Analysis Report
Managed by RISE Residential
As of January 31, 2022

08/31/2021 09/30/2021 10/31/2021 11/30/2021 12/31/2021 01/31/2022 02/28/2022 03/31/2022 04/30/2022 05/31/2022 06/30/2022 07/31/2022 Total Original
Actual Actual Actual Actual Actual Actual Budget Budget Budget Budget Budget Budget Act/Bud Budget Variance
6239 - Parking Permits 0 0 0 0 0 0 0 0 0 0 415 0 415 415 0
6240 - Bank Charges 1,772 1,771 1,542 1,478 1,875 1,744 1,680 1,680 1,680 1,680 1,680 1,680 20,262 20,160 102
6241 - License & Permits 0 2,398 27 27 27 27 920 0 0 620 0 0 4,046 4,610 (564)
6242 - Telephone/Answering Service 937 946 863 798 798 802 970 970 970 970 970 970 10,964 11,640 (676)
6244 - Mobile Phones 70 70 70 70 71 71 175 175 175 175 175 175 1,473 2,100 (628)
6245 - Professional Development 1,187 1,762 1,024 680 471 5,382 2,405 405 1,290 405 405 1,290 16,705 14,900 1,806
6246 - Travel - Air 0 0 0 503 0 0 0 0 1,500 0 0 1,500 3,503 6,000 (2,497)
6247 - Travel - Lodging 0 234 0 245 0 0 0 0 600 0 0 600 1,679 2,400 (721)
6248 - Travel - Meals 0 101 0 200 0 115 0 0 515 0 0 515 1,445 2,060 (615)
6249 - Travel Expense - Conferences 36 0 0 0 0 0 0 0 0 0 0 0 36 0 36
6250 - Travel - Car Rental 0 110 0 0 0 0 0 0 445 0 0 445 1,001 1,780 (779)
6251 - Travel - Vehicle Mileage/Fuel 250 154 98 187 0 31 180 180 180 180 180 180 1,800 2,160 (360)
6255 - Travel Other 0 0 0 72 0 0 0 0 0 0 0 0 72 0 72
6257 - Credit Reports 2,860 326 151 255 2,228 1,726 885 885 885 885 885 885 12,857 12,620 236
6258 - Uniforms 0 0 0 0 0 0 0 0 595 0 0 595 1,190 2,380 (1,190)
6532 - Fire and Safety Monitoring Contract 128 628 128 228 128 128 173 173 173 173 173 173 2,405 2,076 329
TOTAL GENERAL & ADMINISTRA- 13,054 12,937 7,279 13,455 12,803 15,365 12,892 10,522 16,979 10,592 11,187 15,910 152,973 171,889 (18,917)
TIVE
PROFESSIONAL FEES
6340 - Legal Fees 0 0 30 0 0 0 0 0 625 0 0 625 1,280 2,500 (1,219)
TOTAL PROFESSIONAL FEES 0 0 30 0 0 0 0 0 625 0 0 625 1,280 2,500 (1,219)
CONTRACT SERVICES
6537 - Landscaping Contract 9,015 7,315 10,327 7,315 9,015 7,315 9,230 25,895 9,230 9,970 9,230 7,470 121,328 124,320 (2,992)
6540 - Electrical Contract 0 0 0 1,013 500 0 0 0 0 0 0 0 1,513 0 1,513
6546 - HVAC Contract 2,060 644 737 2,009 455 1,105 625 0 965 0 625 340 9,563 7,335 2,228
6522 - Exterminating Contract 3,056 953 1,604 2,236 876 956 2,215 955 955 2,215 955 2,630 19,606 19,000 606
6525 - Garbage 8,664 7,809 6,039 6,038 5,791 7,339 7,845 7,845 7,845 8,845 7,845 11,345 93,251 103,240 (9,990)
6530 - Security Services 178 169 51 129 133 133 126 126 126 126 126 126 1,549 1,512 37
TOTAL CONTRACT SERVICES 22,973 16,890 18,758 18,740 16,770 16,848 20,041 34,821 19,121 21,156 18,781 21,911 246,810 255,407 (8,598)

TURNOVER EXPENSE
6580 - Interior Repairs 0 77 52 0 0 0 0 0 0 0 0 0 129 0 130
6581 - Interior Paint - Contract Labor 74,183 0 0 0 950 0 0 0 0 0 0 33,700 108,833 117,050 (8,217)
6582 - Interior Paint - Supplies 886 0 0 11 661 66 0 0 0 0 0 1,000 2,623 5,220 (2,597)
6583 - Floor-Cleaning Contract 10,101 1 0 0 0 109 0 0 0 0 0 0 10,212 19,800 (9,589)
6584 - Floor-Repairs and Supplies 0 0 0 0 0 436 0 0 0 0 0 0 436 2,710 (2,274)
6585 - Blinds/Drapes 336 (498) 0 0 0 0 275 0 0 275 0 700 1,087 2,225 (1,137)
6586 - Turn Cleaning 36,225 0 0 0 300 2,350 0 0 0 0 0 0 38,875 36,900 1,975
TOTAL TURNOVER EXPENSE 121,731 (420) 52 11 1,911 2,961 275 0 0 275 0 35,400 162,195 183,905 (21,709)

REPAIRS & MAINTENANCE
Page 21