2021 Annual Comprehensive 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, 2021

Variance Positive (Negative)

Final

Budget

Actual

Revenues:

Intergovernmental: State Powell Bill

$

7,290,000

7,001,553 $

$

(288,447)

(61,299)

Investment Income (Loss)

61,000

(299)

Miscellaneous:

Sales and Use Tax Refund

19,000

1,243

(17,757)

Total Revenues

7,370,000

7,002,497

(367,503)

Other Financing (Uses): Transfers Out Excess of Revenues Under Other Financing (Uses)

(7,370,000)

(7,114,744)

255,256

$

(112,247)

(112,247)

Fund Balance - July 1

225,474

225,474

Fund Balance - June 30

$

113,227

$

113,227

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