Total
Actual Budget $ Over Budget
Income
   4211 Dues - MKLA 158,151 152,000 6,151
   4221 Interest Income 5,345 1,000 4,345
   4241 Clubhouse Private Rentals 1,650 3,000 -1,350
   4261 Misc Income 17,452 25,782 -8,330
   4311 Dues-Lakeshore 119,863 118,750 1,113
   Services 800 800
   Uncategorized Income-1 0 0
Total Income $303,260 $300,532 $2,728
Gross Profit $303,260 $300,532 $2,728
Expenses
   5210 Administration - Combined
      5211 Administration 455 4,000 -3,545
      5212 Bank Charges 171 150 21
      5214 Professional Fees 1,724 5,000 -3,276
      5215 Property Taxes 37,786 40,000 -2,214
      5216 Insurance 20,926 25,000 -4,074
      5217 Office Supplies & Misc. 732 732
      5218 Utilities 4,781 7,500 -2,719
      5219 Community 1,548 3,000 -1,452
   Total 5210 Administration - Combined 68,124 84,650 -16,527
   5220 Beaches & Docks
      5221 Beach Operations 638 900 -262
      5222 Repairs & Improvements 1,294 1,000 294
      5226 Water Analysis & Treatment 9,308 7,000 2,308
   Total 5220 Beaches & Docks 11,240 8,900 2,340
   5250 Grounds
      5251 Grounds Operations 10,096 13,000 -2,904
      5254 Tennis Court 3,375 3,000 375
   Total 5250 Grounds 13,471 16,000 -2,529
   5270 Clubhouse
      5271 Clubhouse Operations 4,322 5,000 -678
      5272 Clubhouse Repairs & Maint 4,418 8,000 -3,582
   Total 5270 Clubhouse 8,740 13,000 -4,260
   5280 Road
      5281 Road Operations 28,459 13,000 15,459
      5285 Snow Removal 10,892 12,000 -1,108
   Total 5280 Road 39,350 25,000 14,350
   5311 Lakeshore Admin Expenses 5,572 5,572
   5315 Lakeshore Licenses and Permits 0 0
   5316 Lakeshore Insurance 7,121 7,121
   5331 Lakeshore Dam Operations 3,321 3,321
   5341 Lakeshore Water Operations 9,401 16,000 -6,599
      5342 Utilities 7,931 5,000 2,931
      5343 Repair & Maintenance 8,409 4,000 4,409
      5344 Agra discount -139 -139
   Total 5341 Lakeshore Water Operations 25,603 25,000 603
Total Expenses $182,541 $172,550 $9,991
Net Operating Income $120,720 $127,982 $ -7,262
Other Expenses
   5291 Contingency Revenues / Expenses 0 0
   5292 Interest Expense 17,625 20,439 -2,814
   5393 Depreciation 58,000 60,000 -2,000
   5396 Lakeshore Tax 3,054 0 3,054
   7000 Income Tax Expense 476 2,500 -2,024
Total Other Expenses $79,155 $82,939 $ -3,784
Net Other Income $ -79,155 $ -82,939 $3,784
Net Income $41,565 $45,043 $ -3,478