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Schedule 32
General Capital Improvements Fund
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual
From Project Inception and For the Fiscal Year Ended June 30, 2016
Actual
Project
Prior
Current
Total
Authorization
Years
Year
To Date
Revenues:
Investment Income
100,000
$
137,882
$
24,698
$
162,580
$
Miscellaneous:
Rent
21,156
(21,156)
Sale of Real Estate
892,000
500,000
388,530
888,530
Donations and Private Contributions
100,000
35,000
57,200
92,200
Total Revenues
1,092,000
694,038
449,272
1,143,310
Expenditures:
Capital Improvements:
General Government
2,518,125
2,212,882
506,248
2,719,130
Neighborhood Development
359,661
100,286
478
100,764
Public Safety
525,000
521,768
521,768
Transportation
787,282
8,506
785,203
793,709
Culture and Recreation
3,010,088
2,292,198
85,501
2,377,699
Total Expenditures
7,200,156
5,135,640
1,377,430
6,513,070
Excess of Revenues Under Expenditures
(6,108,156)
(4,441,602)
(928,158)
(5,369,760)
Other Financing Sources (Uses):
Transfers In
6,208,156
5,717,226
450,000
6,167,226
Transfers Out
(100,000)
(100,000)
(100,000)
Total Other Financing Sources (Uses)
6,108,156
5,617,226
450,000
6,067,226
Excess of Revenues and Other Financing
Sources Over (Under) Expenditures and
Other Financing (Uses)
$
1,175,624
(478,158)
697,466
Fund Balance - July 1
1,175,624
Fund Balance - June 30
1,175,624
$
697,466
$
697,466
$
Reconciliation of Budgetary Basis to GAAP Basis:
Excess of Revenues and Other Financing Sources Over
Expenditures and Other Financing (Uses)
697,466
$
Difference in Loan Treatment Required by Governmental
Accounting Standards:
Beginning Balance - July 1
1,250,000
Current Year Activity
(362,510)
Fund Balance - June 30
1,584,956
$
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