Net variance to budget · Q2 2026
−$57,500
29.3% under budget
Operating costs ran 29.3% 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$196,000
Actual$138,500
Open accruals$0
By account
Quarter to date · favorable in mint, over budget in clay| Code | Account | Budget | Actual | Variance | % | |
|---|---|---|---|---|---|---|
| 5000 | ▸ Repairs & operations | $60,000 | $0 | −$60,000 | −100.0% | |
| 6000 | ▸ Fixed & administrative | $136,000 | $138,500 | +$2,500 | +1.8% | |
| Total operating | $196,000 | $138,500 | −$57,500 | −29.3% |
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.