2022 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, 2022
Variance with Final Budget
Original Budget
Final
Positive (Negative)
Budget
Actual
Intergovernmental: Guilford County: Tax Collections
$
874,500 752,687 525,000 65,200 61,000 19,500 5,500
$
874,500 752,687 525,000 65,200 61,000 5,500
$
1,063,181 753,687
$
(188,681)
Animal Shelter and Animal Control Environmental Health Control State of NC RMV Collections Educational Access Guilford County Schools
(1,000) 5,500 (1,706) 6,831
526,706 58,369 61,678
Piedmont Triad Regional Council National Guard Armory Total Intergovernmental
(678)
2,500
2,500
2,303,387
2,286,387
2,463,621
(177,234)
Principal Maturities - Leases
213,002
(213,002)
Interest - Leases Total Leases
6,422
(6,422)
219,424
(219,424)
Total Expenditures
292,150,124
297,662,562
285,786,899
11,875,663
Excess of Revenues Over Expenditures
31,368,459
31,236,582
42,872,348
11,635,766
Other Financing Sources (Uses): Transfers In: State Highway Allocation Fund American Rescue Plan Act Street Improvements Bond Fund Economic Development Fund
5,646,000 4,779,805 720,000
5,646,000 4,779,805 720,000
5,646,000 2,231,732 720,000 1,201,736 9,799,468
(2,548,073)
1,201,736 (1,346,337)
Total Transfers In
11,145,805
11,145,805
Lease Liability Issued
43,783
43,783
Transfers Out: Cemetery Operating Fund State and Federal Grants Fund
435,706
435,706 13,564
435,706 13,564
Debt Service Fund
27,696,130 655,000 2,900,000 706,461 1,830,537 8,290,430 42,514,264
26,391,689 1,814,000 2,900,000 706,461 1,830,537 8,290,430 42,382,387
26,391,689 1,814,000 2,900,000 706,461 1,830,537 8,290,430 42,382,387
General Capital Improvements Fund
Coliseum Fund Park Facilities Fund
Solid Waste Management Fund Guilford Metro Communications Fund
Total Transfers Out
Total Other Financing Sources (Uses)
(31,368,459)
(31,236,582)
(32,539,136)
(1,302,554)
Excess of Revenues and Other Financing Sources Over Expenditures and Other Financing (Uses)
$
$
10,333,212
10,333,212
Fund Balance - July 1
92,406,730
92,406,730
102,739,942 $
102,739,942 $
Fund Balance - June 30
The notes to the financial statements are an integral part of this statement.
Made with FlippingBook flipbook maker