2019 Comprehensive Annual Financial Report (CAFR)

Schedule 22 Page 2 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

Other Financing Sources (Uses): Transfers In Federal Loan Program-HUD Payment to Escrow Agent for Refunding of Debt Total Other Financing Sources (Uses) Excess of Revenues and Other Financing Sources Over (Under) Expenditures and Other Financing (Uses)

$

90,768 1,392,000 (1,392,000) 90,768

$

$

90,768

$

90,768

1,392,000 (1,392,000)

1,392,000 (1,392,000)

90,768

90,768

(535,043)

26,113

$

(561,156)

(561,156) (535,043)

Fund Balance - July 1 Fund Balance - June 30

$ (535,043)

$

(561,156)

$

Reconciliation of Budgetary Basis to GAAP Basis: Excess of Revenues and Other Financing Sources Over Expenditures and Other Financing (Uses) Difference in Loan Treatment Required by Governmental Accounting Standards Beginning Balance - July 1 Current Year Activity Fund Balance - June 30

$

(535,043)

4,117,477 (65,326) 3,517,108

$

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