| Wildflower HOA Budget vs. Actual | Budget vs. Actual | |||
| Accrual Accounting Basis | 2007 | |||
| For the Period____2/15/07-3/15/07____________________________ | ||||
| HOA Financial Report | Actual | |||
| Budget | Budget | Variance | ||
| Monthly Receipts | ||||
| HOA Dues = 160 X 12.50 = $ 2000.00 | $2,000.00 | $3,119.95 | $1,119.95 | |
| Fines | $0.00 | $0.00 | $0.00 | |
| Resale Certificates | 4 X 300.= 1200. | $1,200.00 | $0.00 | |
| Late Fees | 0 | $0.00 | $0.00 | |
| Northtown MUD | $1,100.00 | $1,100.00 | $0.00 | |
| Miscellaneous Income | 0 | $0.00 | $0.00 | |
| Total Monthly Income | $4,300.00 | $5,419.95 | $1,119.95 | |
| HOA Expenditures | ||||
| Communications ( phone, fax, internet, etc) | $175.00 | $175.00 | $0.00 | |
| Asphalt Pavement | 0 | $0.00 | $0.00 | |
| Texas Disposal Systems | $300.00 | $0.00 | $300.00 | |
| Insurance | $80.00 | $80.00 | $0.00 | |
| Legal | $600.00 | $1,215.00 | ($805.46) | |
| Office Supplies | $100.00 | $1,368.26 | ($1,268.26) | |
| Mail & Postage | $200.00 | $200.00 | $0.00 | |
| Trees for | $100.00 | $100.00 | $0.00 | |
| new homeowners | ||||
| Administrative & Covenant Enforcement, | $2,500.00 | $2,500.00 | $0.00 | |
| Security Patrols, Property Mgmt. fee, Area maintenance | ||||
| Mower Service, Gas, and alley maintenance supplies | $200.00 | $200.00 | $0.00 | |
| Area Care Subcontractor Maintenance | $600.00 | $460.00 | $140.00 | |
| Alleys, trees, shrubs, grass, etc. | ||||
| Total Monthly Expenses | $4,655.00 | $6,298.26 | ($1,643.26) | |