TIMBERDALE RANCH OWNERS ASSOCIATION

     09/05/18                      Profit & Loss Budget vs. Actual

 

 

                                                Jan - Dec 18           Budget          $ Over Budget

 

       Ordinary Income/Expense

         Income

           Private Lot Work                              300.00

           Horse Dues                                    125.00              125.00               0.00

           Dues Payments                              31,685.00           32,000.00            -315.00

           Interest Income                                10.75               10.00               0.75

           Gas Royalty                                 8,290.77            9,500.00          -1,209.23

 

         Total Income                                 40,411.52           41,635.00          -1,223.48

         Expense

           Equipment Maintenance                         672.61            3,000.00          -2,327.39

 

           Dumpsters                                  11,220.00           11,220.00               0.00

           Taxes                                       2,641.00            2,500.00             141.00

           Fire Mitigation                             3,720.00            3,360.00             360.00

 

           Insurance                                   1,466.25            3,000.00          -1,533.75

           Ranchhouse Upkeep                           2,288.88            2,000.00             288.88

           Road Construction/Maintenance              16,980.00           15,055.00           1,925.00

           Tractor Fuel                                    0.00              500.00            -500.00

           TROA Admin/General Expenses                   525.57            1,000.00            -474.43

           Weedspray/harrow                              975.49

 

         Total Expense                                40,489.80           41,635.00          -1,145.20

 

       Net Ordinary Income                               -78.28                0.00             -78.28

   

   

     Checking/Savings

               TROA Savings Reserve Account                         28,638.64

               Bank Credit Adjustment                                  -40.86

               Checking-Pine River

                 Horse Owners                                     28.13

                 Checking-Pine River - Other                  22,472.84

   

               Total Checking-Pine River                            22,500.97

               Savings-Pine River                                      968.16

               Caretaker Petty Cash                                    300.00

   

             Total Checking/Savings                                 52,366.91