NBROA

December 31, 2003

 

 

 

 

 

 

Beginning Balance

 $             14,101.65

 

Beginning Reserves

 $             18,000.00

 

Total 12/31/02 Cash

 

 $          32,101.65

 

 

 

Add Reserve

 $                5,000.00

 $            5,000.00

 

 

 

 

 

 

Road Fees Collected  (2003 & Past)

 $             48,591.82

 

2004 Road Fees Received

 $             14,097.44

 

Finance Charges & Collection Fees

 $                1,272.46

 

Remote Sales

 $                   750.00

 

        2003 Total Gen'l Income

 

 $          64,711.72

 

 

 

Gate Expenses

 $              (1,901.55)

 

New Gate

 $            (20,021.00)

 

Road Expenses

 $            (39,052.56)

 

General Expenses

 $              (2,113.81)

 

Insurance

 $              (5,342.67)

 

Reserve Expense

 $              (5,000.00)

 

        2003 Total Gen'l Expenses

 

 $        (73,431.59)

 

 

 

 

 

 

Ending  Balance

 $             25,420.38

 

Ending Reserves

 $                2,961.40

 

Ending Cash Balance 12/31/03

 

 $          28,381.78

 

 

 

A/R Past due road fees & fin chgs

 $                4,997.25