2022 Annual Comprehensive Financial Report

Schedule 22

- 82 HOME Program Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2022 Project Authorization Revenues: Intergovernmental: Federal Grants 26,420,823 $ Investment Income 476,438 Miscellaneous: Principal - Notes and Mortgages 1,785,943 Sale of Real Estate 84,109 Other Revenue 181,944 Total Miscellaneous 2,051,996 Total Revenues 28,949,257 Expenditures: Planning and Community Development: Greensboro Home Program 21,366,457 Guilford County Home Program 1,320,196 High Point Home Program 574,005 Burlington Home Program 3,782,802 Alamance County Home Program 1,905,797 Total Expenditures 28,949,257 Excess of Revenues Over Expenditures $ Fund Balance - July 1 Fund Balance - June 30 $ Reconciliation of Budgetary Basis to GAAP Basis: Excess of Revenues and Other Financing Sources Over Expenditures and Other Financing (Uses) Difference in Loan Treatment Required by Governmental Accounting Standards Beginning Balance - July 1 Current Year Activity Fund Balance - June 30

Actual Current

Prior Years

Total

Year

To Date

$

1,248,986

18,926,092 $

17,677,106 $

332,909

23,346

356,255

1,868,867 84,110 260,878 2,213,855

278,504

2,147,371 84,110 267,620 2,499,101

6,742

285,246

20,223,870

1,557,578

21,781,448

15,022,304 656,222 574,005 2,437,867 1,174,617

1,324,619

16,346,923 656,222 574,005 2,472,375 1,185,752

34,508 11,135

19,865,015

1,370,262

21,235,277

358,855

187,316

546,171

358,855

358,855

$

546,171

$

546,171

$

546,171

12,397,954

(306,064)

12,638,061 $