FY 17 Annual Report
AGENCY FUNDS CITY OF SPENCER, IOWA
2017
ROSE RETAIL LOAN FUND
FUND #953
FUND INFORMATION
The Robert Rose Retail Revolving Loan Fund was established as a resource for potential businesses to access funding for starting their business. There is a review committee that reviews applications for funding from the fund. Any contributions that are made to the fund are paid to the City for tax benefits and then the City passes the money along to the Revolving Loan Fund.
CURRENT BUDGET
YEAR TO DATE
% OF
ACTUAL FY 2016
ACTUAL
BUDGET
REVENUES
MISCELLANEOUS
-
-
-
-
TOTAL REVENUES
-
-
-
-
EXPENDITURES CONTRACTUAL SVCS
-
-
-
-
-
-
-
-
TOTAL EXPENDITURES
Fund Balance
BALANCE JUNE 30 2014 JUNE 30, 2017
INCREASE / (DECREASE)
BALANCE
REVENUES
EXPENDITURES
JULY 1, 2016
-
-
-
-
-
AGENCY FUNDS
Made with FlippingBook - professional solution for displaying marketing and sales documents online