COG Comprehensive Annual Financial Report

-9- Exhibit A-5

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES Governmental Funds For the Fiscal Year Ended June 30, 2018

OTHER

TOTAL

DEBT

GOVERNMENTAL

GOVERNMENTAL

GENERAL

SERVICE

FUNDS

FUNDS

Revenues: Taxes

$

213,490,820 32,124,997 4,192,073 1,756,927 18,516,923

$

$

8,411,031 22,446,313

$

221,901,851 54,571,310 4,192,073 1,756,927 25,997,545

Intergovernmental Licenses and Permits Fines and Forfeitures

Charges for Current Services

7,480,622

Investment Income

1,809,278 (590,629) 1,218,649

281,265

2,090,543 (590,629) 1,499,914

Net Increase (Decrease) in the Fair Value of Investments

Total Investment Income

281,265

Miscellaneous

4,217,246

156,694

969,112

5,343,052

Total Revenues

274,298,986

1,375,343

39,588,343

315,262,672

Expenditures: Current:

General Government

21,671,064 127,863,001 10,174,583 15,545,669 35,224,790 28,053,440

190,249

353,863

22,215,176 135,423,790 34,755,257 16,281,928 35,224,790 35,441,614 7,490,605 6,894,254 2,174,038 101,411

Public Safety Transportation

7,560,789 24,580,674

Environmental Services

101,411 736,259

Engineering and Building Maintenance

Field Operations

Culture and Recreation

7,388,174 7,332,846 6,295,334

Neighborhood Development

157,759 598,920

Economic Opportunity Intergovernmental Debt Service: Principal Retirement

2,174,038

13,902,666 6,550,949

935,000

14,837,666 7,958,166

Interest, Fees on Long-Term Debt

1,407,217

Total Expenditures

241,463,264

20,643,864

56,691,567

318,798,695

Excess of Revenues Over (Under) Expenditures

32,835,722

(19,268,521)

(17,103,224)

(3,536,023)

Other Financing Sources (Uses): Debt Issuances: General Obligation BANs Issued Limited Obligation BAN Issued

32,124,607 2,360,900

32,124,607 2,360,900

Premium on Debt

41,668

41,668

Transfers In Transfers Out

6,419,000

25,920,000

4,635,598

36,974,598 (51,791,232)

(11,638,487)

(40,152,745)

Total Other Financing Sources (Uses)

(33,733,745)

25,961,668

27,482,618

19,710,541

Net Change in Fund Balances

(898,023)

6,693,147

10,379,394

16,174,518

Fund Balances - July 1

69,597,893

16,487,675

58,145,568

144,231,136

Fund Balances - June 30

$

68,699,870

$

23,180,822

$

68,524,962

$

160,405,654

The notes to the financial statements are an integral part of this statement.