Professional Documents
Culture Documents
Income Statement Budget Comparison
Income Statement Budget Comparison
Budget Comparison
Month Ending 07/31/2022
Actual Budget Variance %
Income
Rental Income
4010 - Rent 40,573.00 0.00 40,573.00 100.00
4410 - Leases Less than Market (14,154.00) 0.00 (14,154.00) (100.00)
4420 - Leases in Excess of Market 114.00 0.00 114.00 100.00
Total Rental Income 26,533.00 0.00 26,533.00 100.00
Other Income
4710 - Interest Income 0.15 0.00 0.15 100.00
4810 - Late Charges 1,200.00 0.00 1,200.00 100.00
4851 - Pest Control Reimbursement 0.00 0.00 0.00 0.00
4852 - Water/Sewer Reimbursement (350.00) 0.00 (350.00) (100.00)
4861 - Administrative Fee (1,288.87) 0.00 (1,288.87) (100.00)
Total Other Income (438.72) 0.00 (438.72) (100.00)
Expenses
Administrative Expenses
5160 - Office Supplies and Equipment 312.00 0.00 (312.00) (100.00)
5170 - Data Processing and Software 22.90 0.00 (22.90) (100.00)
5175 - Bank Charges 0.00 0.00 0.00 0.00
5180 - Postage, Courier, and Freight 490.00 0.00 (490.00) (100.00)
5620 - Accounting Services 8,373.30 0.00 (8,373.30) (100.00)
5630 - Legal Services 151.96 0.00 (151.96) (100.00)
5640 - Other Professional Services 100.00 0.00 (100.00) (100.00)
Total Administrative Expenses 9,450.16 0.00 (9,450.16) (100.00)
Marketing Expenses
Management Fees
5610 - Management Fees 0.00 0.00 0.00 0.00
Total Management Fees 0.00 0.00 0.00 0.00
Non-Operating Expenses