April Financial Summary

Income in April was $60,514 which was the highest monthly total so far this year but still a bit under the budget of $64,210.  For the first 4 months, income was below budget by ($34,142).  Expenses in April of $62,837 were lower than the budget of $74,880.  Much of this expense difference was due to timing.  We have a deficit for the four months of ($40,674) compared to the budgeted deficit of ($28,241).  The mortgage balance, after the April payment of $2,270 (principal $599 and interest $1,671), is $349,055.