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