2020 Comprehensive Annual Financial Report

Schedule 15

State Highway Allocation Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2020

Variance Positive (Negative)

Final Budget

Actual

Revenues:

Intergovernmental: State Powell Bill

$ 7,290,000

$

7,322,620

$

32,620

Investment Income (Loss)

61,000

92,729

31,729

Miscellaneous:

Sales and Use Tax Refund

19,000

4,482

(14,518)

Total Revenues

7,370,000

7,419,831

49,831

Other Financing Uses: Transfers Out Excess of Revenues Over Other Financing Uses

(7,370,000)

(7,370,000)

$

49,831

49,831

Fund Balance - July 1

175,643

175,643

Fund Balance - June 30

$

225,474

$

225,474

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