TIMBERDALE RANCH OWNERS ASSOCIATION
Profit & Loss Budget vs. Actual
Jan - Dec 19 Budget $ Over Budget
Ordinary Income/Expense
Income
Horse Dues 0.00 125.00 -125.00
Dues Payments 31,180.00 34,750.00 -3,570.00
Interest Income 0.00 15.00 -15.00
Gas Royalty 2,787.78 11,000.00 -8,212.22
Total Income 33,967.78 45,890.00 -11,922.22
Expense
Equipment Maintenance 2,407.07 1,000.00 1,407.07
Dumpsters 10,940.98 12,375.00 -1,434.02
Taxes 3,044.00 3,000.00 44.00
Fire Mitigation 0.00 2,315.00 -2,315.00
Insurance 305.75 4,200.00 -3,894.25
Ranchhouse Upkeep 608.94 2,000.00 -1,391.06
Road Construction/Maintenance 5,670.00 18,000.00 -12,330.00
Tractor Fuel 0.00 500.00 -500.00
TROA Admin/General Expenses 574.05 2,000.00 -1,425.95
Weedspray/harrow 54.99 500.00 -445.01
Total Expense 23,605.78 45,890.00 -22,284.22
Net Ordinary Income 10,362.00 0.00 10,362.00
Checking/Savings
TROA Savings Reserve Account 28,645.86
Bank Credit Adjustment -40.86
Checking-Pine River
Horse Owners 28.13
Checking-Pine River - Other 28,081.17
Total Checking-Pine River 28,109.30
Savings-Pine River 968.40
Caretaker Petty Cash 500.00
Total Checking/Savings 58,182.70
Accounts Receivable
Accounts Receivable 3,435.00
Total Accounts Receivable 3,435.00
Total Current Assets 61,617.70