5 minute read
Winter Community Reminder
150 Swim team expenses 151 Fish stocking expense 220 Service agreements 221 Copier & printing expenses 222 Repair & Maintenance 223 Utilities - water usage, gas, electricity 2022 Board Approved Budget 224 Telephone - Alarm line 225 Dues & subscriptions 226 Class expenses 227 Credit card processing fees 228 Insurance (fitness center portion)
1,000 1,500
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229 Promotion & membership material 230 Misc expenses
14,100 800 2,400 -
152 Entertainment for membership - general 153 Entertainment - 4th of July 154 Various recreation activity expenses 155 Portable bathroom expense 156 Seminars / training 157 Licenses & Permits 158 Total general amenity & recreation expense 159 160 Golf amenity expenses 161 Salaries - Pro shop & related 162 Salaries - Golf maintenance 163 Payroll taxes 164 Employee benefit expenses 165 Uniform expense 166 Golf Pro expenses allowed 167 Temporary help / outside contractors 168 Proshop operating supplies & expenses 169 Golf cart electricity 170 Lease expense - golf carts 171 Lease expense - golf equipment 172 Equipment rental (short term) 173 Course equipment R&M 174 Course equipment fuel & lubricants 175 Portable bathroom expense 176 Licenses & permits 177 Course accessories 178 Course chemicals 179 Course fertilizer 180 Course landscape mulch 181 Course drain & irrigation maintenance 182 Course seed & sod 183 Course top soil and sand 184 Course tools 185 Course safety equipment 186 Course irrigation operation - electricity 187 Topdressing 188 Course flowers & plant material 189 Other course maintenance expenses 190 Superintendent expenses allowed 191 Total golf amenity 192 193 Restaurant amenity expenses 194 Cost of Goods Sold 195 Salaries - Front of House
20,600 14,000 9,000 -
231,500
94,500 263,900 40,600 37,100 2,400 900 2,500 3,900 2,900 44,900 73,100 2,100 13,500 17,000 800 100 3,500 53,000 23,000 200 4,000 2,800 2,000 200 600 8,000 8,700 1,700 2,500 1,300 711,700
179,900 146,400
231 Total of Community & Fitness Center Expense 232 233 TOTAL OF EXPENSES
58,600
3,505,200
234 235 Operating Net Income / (Loss) 236 237 Depreciation / Amortization expense 238 239 Net Income / (Loss) 240 241 Other Income / (Expense) 242 Transfer fee/Capital Improvement income 243 Interest income - reserve and restricted funds 244 Gain / (loss) on sales of assets 245 Income tax (expense) provision 246 Scholarship & Junior Golf contributions/(disbursements) net 247 Total of Other income / (expense) 248 249 ACCRUAL BASIS TOTAL NET INCOME / (LOSS):
259,700
325,400
(65,700)
190,000 15,400 -
800 206,200
140,500
250 251 252 CONVERSION TO CASH BASIS 253 (For the period 1/1 through 12/31) 254 255 Accrual Net Income / (loss) 256 Add: Depreciation expense
140,500 325,400
257 Add (Less) total of non-operating income / (expense)
258 259 260 Accrued revenue vs. cash receipts: 261 Less: Accrued current year dues 262 Add: current year dues bad debt accrual
(206,200)
(2,469,075) 295,000
263 Add: collection of current year dues 2,273,975 264 Less: current year dues that were actually prepaid in previous year (342,000) 265 Less: All other accrued revenue (747,900) 266 Add: Other revenue bad debt accrual 66,300 267 Add: Collections of all other accrued revenue (includes previous years du 550,000 268 Add: Collection of next year's dues billed in advance 342,000 269 Less: Contribution to reserve fund from dues collected (208,000) 270 271 Equals net gain (or loss) of cash for the period 20,000
196 Salaries - Back of House
150,000
197 Salaries - Halfway House
22,200
198 Salaries - Pool Snack Shop
11,900
199 Payroll taxes 200 Employee benefit expenses 201 Uniform expense 202 Restaurant materials & supplies 203 Restaurant equipment maintenance & repair 204 Food spoilage 205 Direct Utility Cost - Propane Usage 206 Licenses & permits 207 Other restaurant expenses 208 Continuing education & career development 209 Cash over / (short) 210 Total restaurant amenity 211 212 Community & Fitness Center Expense 213 Salaries - attend. 214 Salaries- janitorial 215 Payroll taxes 216 Employee benefits expense 217 Uniform expense 218 Fitness amenity office supplies 219 Fitness amenity operating supplies 220 Service agreements 221 Copier & printing expenses 222 Repair & Maintenance 223 Utilities - water usage, gas, electricity 224 Telephone - Alarm line 225 Dues & subscriptions 226 Class expenses
37,900 26,100 1,800 35,000 9,000 5,300 9,000 1,700 3,200 2,200 -
641,600
15,000 12,900 3,200 300
2,100 1,000 1,200 600 4,600 400
14,100
Operating Cash Flow: Projected Monthly Operating Cash Balances - 2014
January 31 February 28 March 31 April 30 May 31 June 30 July 31 August 31 September 30 October 31 November 30 December 31
227 Credit card processing fees 228 Insurance (fitness center portion)
800 2,400
CLASSIFIED ADS
Looking to sell an old couch, coffee table, tv, etc. within our community? You can do so on our website! By logging on to your account at poconofarms.com You can place a classified ad for our community to see! For more information, please contact Katie at 570-894-4435 ext 201 or webcomcord @poconofarms.com.
COMMUNITY REMINDER
HOUSEHOLD TRASH & RECYCLING
Household trash and recycling cans are picked up every Tuesday. Cans need to be out at the end of your driveway, 3 feet apart, with the handles facing your home by 6:00AM. Cans must be brought in by 6:00PM. At times due to weather and delays beyond County Waste’s control, the “normal” pick up time and route may vary. To avoid having your cans missed, please have them out by 6:00AM. If you cannot have your cans out by 6:00AM for pick up, our compactor, located at The Maintenance Yard off Kilmer Drive, is open Wednesday & Friday from 8:00AM – 12:00PM and Sunday from 10:00AM – 2:00PM where you can bring your household trash and recycling.
Line #
APPROVED FOR POSTING
Commission on Sales Income vs Expenses
Net Commission on Sales
5 6 Commission on Rental Income vs Expenses 7 4010-001 Commission Income on Rentals 8 6805-001 Commission expense on Rentals 9 10
Net Commission on Rentals
11 12 Rent & Property Mgmt Income vs Expenses 13 4020-001 Rental Income 200,000 120,000
80,000
8,000 4,800
3,200
14 4050-001 Property Services Income 15 6900-001 Property Services Expense 16 6810-001 Property Mgmt Svc - Admin Fees 17 6860-001 Tenant Registration Expense 18 19
Net Property Management Inc/Loss
20 21 Office Expenses 22 6000-001 Office Salaries 23 6005-001 Payroll Taxes 24 6020-001 Temp Help - Outside Contractor 25 6022-001 Payroll Data Processing 26 6025-001 Office supplies & expense 27 6100-001 Service Agreements 28 6500-001 Postage 29 6505-001 Utilities 26,640 13,320
13,320
21,600 2,200 2,400 1,500 1,200 1,400 1,000 900
30 6510-001 Telephone 31 6525-001 Dues & subscriptions 32 6535-001 Licenses & permits 33 6540-001 Bank & CC Proc Fees
720 1,500 100 1,400
34 6570-001 Broker / Agent Meals 35 6605-001 Insurance Expense
250 2,500 36 6610-001 Professional fees 550 37 6615-001 Advertising/Promotion/Open houses/Staging 2,500 38 6625-001 Accounting Services 39 6630-001 Computer / IT Services 40 6695-001 Miscellaneous expense 41 6850-001 Rent Expense 42 43
Total Office Expenses
67,520
3,500
46 8000-001 Income Tax Expense 47 48
