IMBERDALE RANCH OWNERS ASSOCIATION
     07/25/17				  Profit & Loss Budget vs. Actual
     			

                                                Jan - Dec 17           Budget          $ Over Budget

       Ordinary Income/Expense
         Income
           Horse Dues                                    125.00              125.00               0.00
           Dues Payments                              31,910.00           30,750.00           1,160.00
           Interest Income                                 7.34               31.00             -23.66
           Gas Royalty                                 7,537.96            7,000.00             537.96

         Total Income                                 39,580.30           37,906.00           1,674.30
         Expense
           Equipment Maintenance                         386.95            3,000.00          -2,613.05

           Dumpsters                                   9,856.00            9,856.00               0.00
           Taxes                                       1,725.00            1,400.00             325.00
           Snowplowing Expense                             0.00            3,000.00          -3,000.00
           Fire Mitigation                                 0.00            1,000.00          -1,000.00

           Insurance                                       0.00            2,200.00          -2,200.00
           Ranchhouse Upkeep                           1,796.85            2,000.00            -203.15
           Road Construction/Maintenance              12,300.00           13,000.00            -700.00
           Tractor Fuel                                    0.00            1,000.00          -1,000.00
           TROA Admin/General Expenses                   760.00              950.00            -190.00
           Weedspray/harrow                                0.00              500.00            -500.00

         Total Expense                                26,824.80           37,906.00         -11,081.20

      
       Current Assets
               Checking/Savings
                 TROA Savings Reserve Account                         28,620.80
                 Bank Credit Adjustment                                  -40.86
                 Checking-Pine River
                   Horse Owners                                    -96.87
                   Checking-Pine River - Other                  28,071.00
      
                 Total Checking-Pine River                            27,974.13
                 Savings-Pine River                                      967.67
                 Caretaker Petty Cash                                    300.00
      
         Total Checking/Savings                                 57,821.74