2021 Annual Comprehensive Financial Report
-19- Exhibit A-7 Page 8 of 8
General Fund Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2021
Variance with Final Budget-
Original Budget
Final
Positive (Negative)
Budget
Actual
Intergovernmental: Guilford County: Tax Collections
$
874,500 692,000 525,000 65,200 61,000 19,500 5,500
$
874,500 692,000 525,000 65,200 61,000 19,500 5,500
$
982,552 632,199 526,706 58,929 61,380
$
(108,052)
Animal Shelter and Animal Control Environmental Health Control State of NC RMV Collections Educational Access Guilford County Schools
59,801 5,500 (1,706)
6,271
Piedmont Triad Regional Council National Guard Armory Total Intergovernmental
(380)
19,500 (19,066)
2,242,700
2,242,700
2,261,766
Total Expenditures
273,374,363
273,384,484
260,599,141
12,785,343
Excess of Revenues Over Expenditures
32,144,397
33,159,257
53,274,125
20,114,868
Other Financing Sources (Uses): Transfers In: State Highway Allocation Fund Street Improvements Bond Fund
5,646,000 720,000 6,366,000
5,646,000 720,000 6,366,000
5,390,744 720,000 6,110,744
(255,256)
Total Transfers In
(255,256)
Transfers Out: Cemetery Operating Fund State and Federal Grants Fund
435,706
435,706 19,879
435,706 19,624
255
Debt Service Fund Fire Station Bond Fund
24,790,423
24,790,423 994,981 3,400,000 1,830,537 8,053,731 39,525,257
24,790,423 994,981 2,900,000 1,830,537 8,053,731 39,025,002
Coliseum Fund
3,400,000 1,830,537 8,053,731 38,510,397
500,000
Solid Waste Management Fund Guilford Metro Communications Fund
Total Transfers Out
500,255
Total Other Financing Sources (Uses)
(32,144,397)
(33,159,257)
(32,914,258)
244,999
Excess of Revenues and Other Financing Sources Over Expenditures and Other Financing (Uses)
$
$
20,359,867
20,359,867
Fund Balance - July 1
72,046,863
72,046,863
Fund Balance - June 30
$
92,406,730
$
92,406,730
The notes to the financial statements are an integral part of this statement.
Made with FlippingBook flipbook maker