2022 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, 2022

Variance Positive (Negative)

Final

Budget

Actual

Revenues:

Intergovernmental: State Powell Bill

$

6,990,000

8,359,868 $

1,369,868 $

Investment Income (Loss)

61,000

(246,249)

(307,249)

Miscellaneous:

Sales and Use Tax Refund

19,000

3,547

(15,453)

Total Revenues

7,070,000

8,117,166

1,047,166

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

(7,070,000)

(7,025,000)

45,000

$

1,092,166

1,092,166

Fund Balance - July 1

113,227

113,227

Fund Balance - June 30

1,205,393 $

1,205,393 $

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