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<br />Dee 31,2000 THE LAKE HENRY RESERVOIR CO. Page 1
<br />3:50 pm Statement of Revenue and Expenses
<br /> 12 Months Annual
<br /> Ended Dee/OO Budget Unused % Used
<br />Revenue
<br />Assessments LH $62,773_06 $62,769_00 ($4_06)
<br />Users Fee LH 702_85 0_00 (702_85)
<br />Interest Income 1,166_88 0_00 (1,166_88)
<br />Expenses Reimbursed 127.50 0_00 (127_50)
<br />Miscellaneous Income 100_00 0_00 (100_00)
<br />Lake Lease Income 4,350_00 4,350,00 0_00
<br />TOTAL Revenue 69,220_29 67,119_00 (2,101.29)
<br />Expenses
<br />Operating Expenses
<br />Contracted SelVices CC 33,041.00 30,000,00 (3,041.00) 110_1%
<br />Maintenance Supplies 599_53 1,200.00 600.47 50_0%
<br />ReselVoir Repairs 0_00 16,200_00 16,200_00 0.0%
<br />TOTAL Operating Expenses 33,640_53 47,400_00 13,759.47 71.0%
<br />Gent Admin_Exp
<br />Insurance & Bonds 4,272_00 5,700_00 1,428_00 74,9%
<br />Legal and Accounting 2,060_00 2,500_00 440 _00 82.4%
<br />Dues, Fees and Meetings 191.03 200 _ 00 8_97 95.5%
<br />Directors FeeslMileage 292_30 350_00 57.70 83.5%
<br />TOTAL General! Admin Exp 6,815_33 8,750_00 1,934_67 77.9%
<br />Hydrologic Study 0_00 30,000_00 30,000_00 0_0%
<br />Toe Drains Seepage Analysis 14,383_67 11,245_00 (3,138_67) 127_9%
<br />TOTAL Expenses 54,839.53 97,395_00 42,555.47 56.3%
<br />* * * * * * Revenue over Expenses 14,380_76 (30,276_00) (44,656_76) --47.5%
<br />* * * * * * Revenue over Expenses 14,380_76 (30.276_00) (44,656_76) --47.5%
<br />...... NET PROFIT $14,380_76 ($30,276,00) ($44,656_76) --47.5%
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