2019 Comprehensive Annual Financial Report (CAFR)

Schedule 22 Page 1 of 2

Community Development Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2019

Actual Current Year

Total To Date

Project

Prior Years

Authorization

Revenues:

Intergovernmental: Federal Grants

$ 8,558,294

$ 11,736,832

$ 6,515,757

$

2,042,537

763,789

Investment Income (Loss)

899,635

744,902

18,887

Charges for Current Services: Program Income Rent Principal - Notes and Mortgages Targeted Loan Pool Proceeds

441,941 3,522,271 659,238 4,000 870,389 97,914 5,595,753

346,203 3,551,694 652,485 916,614 72,034 5,539,530 500

441,690 3,392,442 643,950 870,389 90,508 5,442,979 4,000

251 129,829 15,288

NCHFA Willow Oaks Program Support

Sale of Real Estate Other Revenue

7,406 152,774

Total Charges for Current Services

14,917,836

Total Revenues

18,175,997

12,703,638

2,214,198

Expenditures: Neighborhood Development: Block Grant: Administration

2,771,611 129,500 202,856 95,000 5,152 651,079 4,965,969 1,341,768 444,031 1,034,520 3,451,083 176,130 50,000 393,338 1,640,000 126,000 50,000 151,656 150,641

2,281,102 55,500 233,381 95,000 386,079 4,228,260 859,657 204,961 858,390 1,536,880 176,130 50,000 228,762 1,639,999

2,675,609 55,500 202,856 95,000 386,079 4,965,969 1,022,138 217,196 986,755 2,153,088 176,130 50,000 319,747 1,639,999

394,507

Fair Housing

Rental Rehabilitation Target Area Personnel

(30,525)

Targeted Loan Pool Program

Asheboro

Section 108 Loan Principal Retirement

737,709 162,481 12,235 128,365 616,208

South Elm Street Willow Oaks

Homelessness Prevention Homeowner Rehab Prince of Peace Shelter Renaissance Center CD Lead Remediation Section 108 Project

90,985

Homebuyer Education Program Code Compliance Boarding Section 3 Homeowner Code Compliance Housing Reclamation Program Other Community Development: Kids, Inc. Day Care Federal Emergency Shelter Grant Bessemer Shopping Center

26,000 50,000 21,265

60,698 50,000 47,127

34,698

25,862

214,114 150,651 74,991

212,780 150,651 73,000

199,554 149,651 74,991

14,560 1,000

15,543,647

Total Expenditures

18,266,765

13,355,562

2,188,085

(625,811)

Excess of Revenues Over (Under) Expenditures

(90,768)

(651,924)

26,113

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