TIMBERDALE RANCH OWNERS ASSOCIATION
06/12/18
Profit & Loss Budget vs. Actual
Jan - Dec 18 Budget $ Over Budget
Ordinary Income/Expense
Income
Horse Dues 125.00 125.00 0.00
Dues Payments 31,460.00 32,000.00 -540.00
Interest Income 7.06 10.00 -2.94
Gas Royalty 5,251.83 9,500.00 -4,248.17
Total Income 36,843.89 41,635.00 -4,791.11
Expense
Equipment Maintenance 0.00 3,000.00 -3,000.00
Dumpsters 11,220.00 11,220.00 0.00
Taxes 2,641.00 2,500.00 141.00
Fire Mitigation 1,110.00 3,360.00 -2,250.00
Insurance 1,034.25 3,000.00 -1,965.75
Ranchhouse Upkeep 0.00 2,000.00 -2,000.00
Road Construction/Maintenance 16,980.00 15,055.00 1,925.00
Tractor Fuel 0.00 500.00 -500.00
TROA Admin/General Expenses 183.75 1,000.00 -816.25
Total Expense 33,169.00 41,635.00 -8,466.00
Net Ordinary Income 3,674.89 0.00 3,674.89
Net Income 3,674.89 0.00 3,674.89
Current Assets
Checking/Savings
TROA Savings Reserve Account 28,635.07
Bank Credit Adjustment -40.86
Checking-Pine River
Horse Owners 28.13
Checking-Pine River - Other 26,229.70
Total Checking-Pine River 26,257.83
Savings-Pine River 968.04
Caretaker Petty Cash 300.00
Total Checking/Savings 56,120.08
Accounts Receivable
Accounts Receivable 675.00
Total Accounts Receivable 675.00
Total Current Assets 56,795.08