The chart below compares ECL’s actual income and expenses with budgeted amounts for the year. At the end of July, our income fell short of budgeted projections by about 23%, or $19,670.00.

Total actual expenses were lower than budgeted amounts by about 3%, on trend for the year. Large expenses in July included significant electrical work to repair our A/C systems. Total expenses exceeded total income by $15,558.30.

$141,224.24 of uncommitted cash is available to provide a financial cushion.