Page 11 - Oxford West Investor Quarterly Report 1.25.22

Income Statement - Budget vs Actual Property:Oxford West

Jan 2022 YTD ( Aug 2021 - Jan 2022 )
Account Account Name Actual Budget $ Variance % Variance Actual Budget $ Variance % Variance Annual Budget
6093 Leasing Manager Payroll 3,173.34 3,433.33 259.99 7.57% 18,986.75 20,599.98 1,613.23 7.83% 41,199.96
6330 General Manager 5,636.12 5,579.17 (56.95) -1.02% 33,720.47 33,475.02 (245.45) -0.73% 66,950.04
6332 Assistant General Manager 3,894.56 3,862.50 (32.06) -0.83% 23,310.64 23,175.00 (135.64) -0.59% 46,350.00
6335 Leasing Salaries 0.00 0.00 0.00 0.00% 4,594.32 3,162.00 (1,432.32) -45.30% 3,162.00
6338 Property Bonuses 0.00 0.00 0.00 0.00% 0.00 3,348.00 3,348.00 100.00% 10,044.00
6339 Leasing Bonuses 7,859.23 6,233.00 (1,626.23) -26.09% 14,637.71 15,416.00 778.29 5.05% 27,882.00
Total Payroll Office 21,365.38 20,824.67 (540.71) -2.60% 101,573.61 110,476.02 8,902.41 8.06% 217,188.04
Payroll Maintenance
6510 Maintenance Salaries 4,862.14 3,683.33 (1,178.81) -32.00% 29,580.23 25,049.98 (4,530.25) -18.08% 46,649.96
6511 Maintenance Supervisor 4,326.25 4,291.67 (34.58) -0.81% 25,894.95 25,750.02 (144.93) -0.56% 51,500.04
Total Payroll Maintenance 9,188.39 7,975.00 (1,213.39) -15.21% 55,475.18 50,800.00 (4,675.18) -9.20% 98,150.00
Payroll Related Expenses
6108 Payroll Fees 138.90 194.92 56.02 28.74% 1,146.40 1,169.52 23.12 1.98% 2,339.04
6711 State Unemployment Tax 1,309.25 418.18 (891.07) -213.08% 2,311.70 4,343.98 2,032.28 46.78% 5,815.94
6712 Federal Unemployment 167.49 49.20 (118.29) -240.43% 245.27 436.06 190.79 43.75% 579.24
6713 Employer Portion of FICA 2,210.44 2,203.17 (7.27) -0.33% 11,339.34 12,337.62 998.28 8.09% 24,123.38
6722 Workers Compensation 242.85 267.20 24.35 9.11% 1,481.33 1,569.80 88.47 5.64% 3,118.68
6723 Health Insurance Expense 2,011.60 1,955.54 (56.06) -2.87% 11,113.77 11,733.24 619.47 5.28% 23,466.48
6724 Dental & Vision Insurance 125.08 142.16 17.08 12.01% 968.86 852.96 (115.90) -13.59% 1,705.92
6725 Long/Short Term Disability 7.17 233.28 226.11 96.93% 35.28 1,306.34 1,271.06 97.30% 2,554.24
6726 Life Insurance 74.50 0.00 (74.50) -100.00% 444.24 0.00 (444.24) -100.00% 0.00
6730 401k Contributions Expense 108.10 152.35 44.25 29.04% 459.18 914.10 454.92 49.77% 1,828.20
Total Payroll Related Expenses 6,395.38 5,616.00 (779.38) -13.88% 29,545.37 34,663.62 5,118.25 14.77% 65,531.12
Total Payroll 36,949.15 34,415.67 (2,533.48) -7.36% 186,594.16 195,939.64 9,345.48 4.77% 380,869.16
General & Administrative

6116 Recruiting & Hiring 272.65 240.00 (32.65) -13.60% 272.65 240.00 (32.65) -13.60% 240.00
6228 General Cleaning 26.49 1,160.00 1,133.51 97.72% 3,922.78 6,960.00 3,037.22 43.64% 13,920.00
6231 Background Check Employee 0.00 0.00 0.00 0.00% 74.25 300.00 225.75 75.25% 600.00
6232 Office Expense 765.51 50.00 (715.51) -1,431.02% 3,645.94 1,650.00 (1,995.94) -120.97% 2,550.00
6233 Dues & Subscriptions 250.00 250.00 0.00 0.00% 250.00 1,316.00 1,066.00 81.00% 1,316.00
6235 Postage 0.00 50.00 50.00 100.00% 203.63 300.00 96.37 32.12% 600.00
6237 Computer & Software 2,175.98 3,154.00 978.02 31.01% 14,482.42 15,719.00 1,236.58 7.87% 27,983.00
6238 Legal-Eviction / Property 0.00 500.00 500.00 100.00% 0.00 500.00 500.00 100.00% 500.00
6240 Bank Charges 741.90 300.00 (441.90) -147.30% 4,810.47 2,300.00 (2,510.47) -109.15% 4,100.00
6241 License & Permits 27.08 0.00 (27.08) -100.00% 9,198.32 9,100.00 (98.32) -1.08% 9,875.00
6242 Telephone/Answering Service 450.43 425.00 (25.43) -5.98% 2,708.63 2,550.00 (158.63) -6.22% 5,100.00
6244 Mobile Phones 117.86 70.00 (47.86) -68.37% 436.50 420.00 (16.50) -3.93% 840.00
6245 Professional Development 103.26 220.00 116.74 53.06% 726.08 1,320.00 593.92 44.99% 4,640.00
6257 Credit Reports 0.00 100.00 100.00 100.00% 2,508.43 2,750.00 241.57 8.78% 5,050.00
6258 Uniforms 0.00 0.00 0.00 0.00% 0.00 1,000.00 1,000.00 100.00% 1,000.00
6532 Fire and Safety Monitoring Contract 0.00 56.00 56.00 100.00% 1,081.19 1,766.00 684.81 38.78% 3,532.00
Total General & Administrative 4,931.16 6,575.00 1,643.84 25.00% 44,321.29 48,191.00 3,869.71 8.03% 81,846.00
Professional Fees

Income Statement - Budget vs Actual 2.5 generated 02/18/2022 02:58 PM EST and data as of 02/18/2022 02:58 PM EST Page 2 of 5