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<br />'c 31,1999 THE LAKE HENRY RESERVOIR CO. Page 1
<br />i9am Statement of Revenue and Expenses
<br /> 12 Months Annual
<br /> Ended Dec/99 Budget Unused % Used
<br />Revenue
<br />Assessments LH $71,740,64 $71,740_64 $0_00
<br />Users Fee LH 693_72 0,00 (69372)
<br />Interest Income 837_57 0,00 (837_57)
<br />Miscellaneous Income 20_00 0,00 (20_00)
<br />Lake Lease Income 4,950_00 4,950_00 0_00
<br />TOTAL Revenue 78,241.93 76,690_64 (1,551.29)
<br />Expenses
<br />Operating Expenses
<br />Contracted Services CC 27,803_00 32.00000 4,197.00 86_9%
<br />Maintenance Supplies 680_07 1,200_00 519,93 56,7%
<br />TOTAL Operating Expenses 28,483_07 33,200,00 4,716_93 85_8%
<br />Gcnl Admin,Exp
<br />Insurance & Bonds 5,460_00 4,500_00 (960_00) 121.3%
<br />Legal and Accounting 1,660_00 2,500_00 840 _ 00 66.4%
<br />Dues, Fees and Meetings 147_22 200_00 52_78 73_6%
<br />Directors FeeslMileage 315_80 350,00 34,20 90,2%
<br />TOTAL Generall Admin Exp 7,583_02 7.550_00 (33_02) 100.4%
<br />Hydrologic Study 0,00 30,000_00 30,000,00 0_0%
<br />Toe Drains 5,754_68 0,00 (5,75468)
<br />TOTAL Expenses 41.820_77 70.750_00 28,929_23 59_1%
<br />****** Revenue over Expenses 36,42116 5,940_64 (30,48052)
<br />****** Re,.enue over Expenses 36,42116 5.940,64 (30,480_52)
<br />...... NET PROFIT $36,42116 $5,940_64 ($30,480,52)
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