Page 15 - Preserve at Tech Investor Quarterly Report Academic Year 2021-2022 Quarter 2

Ruston Properties I, LLC
The Preserve at Tech
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

CONTROLLABLE EXPENSES
PAYROLL OFFICE
780 2,160 1,380 0 (780) 6091 - Community Assistants 7,128 12,318 5,191 0 (7,128) 25,278
4,066 4,034 (32) 0 (4,067) 6093 - Leasing Manager Payroll 23,988 23,779 (210) 0 (23,989) 47,984
5,019 4,978 (41) 0 (5,018) 6330 - General Manager 30,111 30,069 (42) 0 (30,111) 59,939
1,137 1,700 563 0 (1,137) 6335 - Leasing Salaries 11,138 12,224 1,086 0 (11,137) 23,424
0 0 0 0 0 6338 - Property Bonuses 1,614 10,400 8,786 0 (1,614) 20,800
200 200 0 0 (200) 6339 - Leasing Bonuses 200 1,700 1,500 0 (200) 4,700
11,202 13,072 1,870 0 (11,203) TOTAL PAYROLL OFFICE 74,179 90,490 16,311 0 (74,179) 182,125

PAYROLL MAINTENANCE
1,649 3,034 1,385 0 (1,648) 6510 - Maintenance Salaries 13,504 15,166 1,663 0 (13,504) 34,366
5,273 4,506 (766) 0 (5,273) 6511 - Maintenance Supervisor 24,217 23,145 (1,073) 0 (24,217) 50,184
0 3,467 3,466 0 0 6514 - Temporary Salaries 0 13,866 13,867 0 0 34,667
6,922 11,007 4,085 0 (6,921) TOTAL PAYROLL MAINTENANCE 37,721 52,177 14,457 0 (37,721) 119,217

PAYROLL RELATED EXPENSES
309 4 (305) 0 (309) 6711 - State Unemployment Tax 745 1,215 469 0 (746) 1,498
98 1 (97) 0 (99) 6712 - Federal Unemployment 229 366 138 0 (228) 459
1,258 1,842 584 0 (1,257) 6713 - Employer Portion of FICA 7,795 10,914 3,118 0 (7,796) 23,052
558 1,033 474 0 (559) 6722 - Workers Compensation 3,268 5,846 2,578 0 (3,268) 12,461
418 1,355 938 0 (418) 6723 - Health Insurance Expense 7,746 8,134 388 0 (7,746) 16,268
109 168 58 0 (109) 6724 - Dental & Vision Insurance 809 1,003 194 0 (809) 2,006
15 195 180 0 (15) 6725 - Long/Short Term Disability 251 1,156 905 0 (251) 2,441
32 0 (32) 0 (32) 6726 - Life Insurance 203 0 (203) 0 (203) 0
25 103 79 0 (25) 6730 - 401k Contributions Expense 161 621 460 0 (161) 1,243
122 91 (31) 0 (122) 6108 - Payroll Fees 556 542 (14) 0 (556) 1,084
2,944 4,792 1,848 0 (2,944) TOTAL PAYROLL RELATED EXP. 21,763 29,797 8,033 0 (21,763) 60,512

21,068 28,871 7,803 0 (21,068) TOTAL PAYROLL 133,663 172,464 38,801 0 (133,663) 361,854

GENERAL & ADMINISTRATIVE
693 224 (469) 0 (693) 6116 - Recruiting & Hiring 1,395 224 (1,171) 0 (1,395) 224

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