BALANCE SHEETS (USD $)	Jun. 30, 2011		Sep. 30, 2010		Jun. 30, 2010
Current Assets
Cash and cash equivalents	$ 1,800,837		$ 1,727,123		$ 1,697,089
Accounts receivable	24,584		24,584		22,031
Inventory	171,600		127,904		142,493
Current deferred taxes	76,500		73,300		74,900
Prepaid income taxes	112,300		0		103,900
Prepaid expenses	10,418		33,992		24,432
Total current assets	2,196,239		1,986,903		2,064,845
Pismo Coast Village Recreational Vehicle Resort and Related Assets - Net of accumulated depreciation	14,121,932		13,966,429		14,037,715
Other Assets	28,157		31,451		32,550
Total Assets	16,346,328		15,984,783		16,135,110
Current Liabilities
Accounts payable and accrued expenses	145,212		161,663		140,778
Accrued salaries and vacation	61,102		170,279		63,484
Rental deposits	1,382,292		771,211		1,357,141
Income taxes payable	0		41,800		0
Current portion of long-term debt	143,568		114,054		116,587
Total current liabilities	1,732,174		1,259,007		1,677,990
Long-Term Liabilities
Long-term deferred taxes	609,300		506,200		496,400
N/P Donahue Transportation	38,197		42,821		44,299
N/P Santa Lucia Bank	4,165,235		4,528,128		4,551,128
Total liabilities	6,544,906		6,336,156		6,770,164
Shareholders' Equity
Common stock	5,606,919	[1]	5,613,194	[2]	5,613,194	[3]
Retained earnings			4,035,433
Total stockholders' equity	9,801,422		9,648,627		9,364,946
Total Liabilities and Shareholders' Equity	$ 16,346,328		$ 15,984,783		$ 16,135,110

[1] no par value,1800 share issued, 1787 share outstanding atJune 30, 2011

[2] no par value,1800 share issued, 1789 share outstanding atSeptember 30, 2010

[3] no par value,1800 share issued, 1789 share outstanding at June 30, 2010