Page 7 - Remington Acres Estates HOA - Board Meeting - February 2, 2021
P. 7
Remington Acres Estates Run Date: 02/01/2021
Run Time: 09:26 AM
INCOME STATEMENT
Start: 12/01/2020 | End: 12/31/2020
Income
Account Current Year to Date Yearly
Actual Budget Variance Actual Budget Variance Budget
Income
06310 Assessment Income 802.00 0.00 802.00 19,289.00 19,200.00 89.00 19,200.00
06330 Special Assmt. Income 0.00 0.00 0.00 0.00 19,320.00 (19,320.00) 19,320.00
06340 Late Fee Income 84.00 0.00 84.00 576.00 0.00 576.00 0.00
06360 Violation Fee 0.00 0.00 0.00 25.00 0.00 25.00 0.00
06430 Assmnts. paid in Advance 732.00 0.00 732.00 (2,304.00) 0.00 (2,304.00) 0.00
06900 Interest Reserves 291.04 0.00 291.04 358.40 0.00 358.40 0.00
06910 Interest Operating 1.95 0.00 1.95 23.25 0.00 23.25 0.00
Income Total 1,910.99 0.00 1,910.99 17,967.65 38,520.00 (20,552.35) 38,520.00
Total Income 1,910.99 0.00 1,910.99 17,967.65 38,520.00 (20,552.35) 38,520.00
Expense
Account Current Year to Date Yearly
Actual Budget Variance Actual Budget Variance Budget
Expense
07010 Management Fees 775.00 775.00 0.00 9,300.00 9,300.00 0.00 9,300.00
07015 Storage Fees 14.00 40.00 26.00 259.00 480.00 221.00 480.00
07020 Accounting Fees 0.00 0.00 0.00 350.00 300.00 (50.00) 300.00
07035 Admin Costs - Meeting 70.00 105.00 35.00 170.00 630.00 460.00 630.00
07050 Misc. Expense 0.00 58.37 58.37 460.00 700.00 240.00 700.00
07160 Legal Contract 0.00 50.00 50.00 30.00 600.00 570.00 600.00
07260 Postage & Mail 211.75 45.87 (165.88) 484.85 550.00 65.15 550.00
07280 Insurance 0.00 0.00 0.00 1,944.00 2,015.00 71.00 2,015.00
07400 Printing & Reproduction 140.50 25.00 (115.50) 468.20 300.00 (168.20) 300.00
07405 Coupons 0.00 800.00 800.00 85.80 890.00 804.20 890.00
07410 Newsletter 0.00 0.00 0.00 82.50 0.00 (82.50) 0.00
07440 State & Federal Income Tax 0.00 0.00 0.00 50.00 50.00 0.00 50.00
07510 Socal/Welcome Committee 0.00 0.00 0.00 (17.50) 0.00 17.50 0.00
08505 General Maintenance 0.00 0.00 0.00 1,056.83 0.00 (1,056.83) 0.00
08510 Landscape Service Contract 0.00 0.00 0.00 0.00 1,838.00 1,838.00 1,838.00
08590 Weed Control 0.00 227.50 227.50 2,074.11 2,730.00 655.89 2,730.00
09030 Mailbox Maintenance 0.00 12.50 12.50 145.00 150.00 5.00 150.00
Expense Total 1,211.25 2,139.24 927.99 16,942.79 20,533.00 3,590.21 20,533.00
Total Expense 1,211.25 2,139.24 927.99 16,942.79 20,533.00 3,590.21 20,533.00
Net Income 699.74 (2,139.24) 2,838.98 1,024.86 17,987.00 (16,962.14) 17,987.00
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