COG Comprehensive Annual Financial Report

Schedule 24

Special Tax Districts Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2018

Variance Positive (Negative)

Final

Budget

Actual

Revenues: Taxes:

Ad Valorem Taxes

$

679,600 140,000 819,600

$

735,575 173,226 908,801

$

55,975 33,226 89,201

Local Option Sales Tax

Total Taxes

Charges for Current Services: Other Revenue

48

48

Investment Income

9,240

9,240

Appropriated Fund Balance

849,491

(849,491)

Total Revenues

1,669,091

918,089

(751,002)

Expenditures: Neighborhood Development: Dunleath Historic District

282,091 348,000

23,888 75,389

258,203 272,611

College Hill Historic District Business Improvement District

1,039,000

1,038,331

669

Total Expenditures

1,669,091

1,137,608

531,483

Excess of Revenues Under Expenditures

$

(219,519)

(219,519)

Fund Balance - July 1

1,373,284

1,373,284

Fund Balance - June 30

1,153,765 $

1,153,765 $

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