The Orchards
Homeowner’s Association
Income/Expense Report
January 1, 2015
to December 31, 2015
Actual Expenses
2015
Balance
Brought Forward – January 1, 2015
$
6,267.13
Income:
·
Dues
$
35,255.00
·
Other
Income $
80.00
Total Income $ 35,335.00
S/T $
41,602.13
Expenses:
·
Grounds
$ 5,722.69
·
Insurance
$
1,662.00
·
Office
Supplies, Postage, Printing $
477.25
·
Repairs
and Maintenance
$ 4076.32
·
Safe
Deposit Box
$ 45.00
·
Taxes/Non-Profit
Fees
$ 339.56
·
Utilities
$ 1,472.77
·
Automated
Accounts $ 34.00
·
Charge back
Fees- Bad Checks $ 1056.00
Total Expenses $ 14,885.59 $ 26,716.54
Ending
Checking Account Balance, December 31, 2015
$
26,716.54
Ending
Savings Account Balance, December 31, 2015 $ 12,316.91
Certificate
of Deposit (Road Reserve Fund)
$ 43,852.91
