Net variance to budget · Q2 2026
−$35,800
28.6% under budget
Operating costs ran 28.6% under plan this quarter, driven by property taxes. Lower property management fee and repairs & maintenance spend offset part of the overrun. Figures are accrual-adjusted through period close.
Budgeted$125,000
Actual$89,200
Open accruals$0
By account
Quarter to date · favorable in mint, over budget in clay| Code | Account | Budget | Actual | Variance | % | |
|---|---|---|---|---|---|---|
| 5000 | ▸ Repairs & operations | $37,000 | $0 | −$37,000 | −100.0% | |
| 6000 | ▸ Fixed & administrative | $88,000 | $89,200 | +$1,200 | +1.4% | |
| Total operating | $125,000 | $89,200 | −$35,800 | −28.6% |
Actuals include open accruals so the quarter reads true before every invoice lands; each accrual reverses next period when the real invoice is coded. Switch to Plain view to hide GL codes and accrual detail for a board-level read.