TIMBERDALE RANCH OWNERS ASSOCIATION
				     Profit & Loss Budget vs. Actual
                                		11/7/2017

                                                Jan - Dec 17           Budget          $ Over Budget

       Ordinary Income/Expense
         Income
           Horse Dues                                    125.00              125.00               0.00
           Equipment Sold                                400.00
           Dues Payments                              31,910.00           30,750.00           1,160.00
           Interest Income                                11.08               31.00             -19.92
           Gas Royalty                                 9,500.34            7,000.00           2,500.34

         Total Income                                 41,946.42           37,906.00           4,040.42
         Expense
           Equipment Maintenance                       4,172.49            3,000.00           1,172.49

           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                                40.00            1,000.00            -960.00

           Insurance                                   1,914.06            2,200.00            -285.94
           Ranchhouse Upkeep                           2,949.49            2,000.00             949.49
           Road Construction/Maintenance              12,711.39           13,000.00            -288.61
           Tractor Fuel                                    0.00            1,000.00          -1,000.00
           TROA Admin/General Expenses                 1,447.37              950.00             497.37
           Weedspray/harrow                                0.00              500.00            -500.00

         Total Expense                                34,815.80           37,906.00          -3,090.20

       Net Ordinary Income                             7,130.62                0.00           7,130.62


 Total Checking/Savings Bank Accounts                             52,651.86