2023 Annual Comprehensive Report

Schedule 3 3

General Capital Improvements Fund II Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2023

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues: Intergovernmental: Federal Forfeiture

$

500,000

$

500,000

$

$

500,000

Investment Income (Loss)

55,036

(1,485,243)

(1,430,207)

Miscellaneous:

Rent- Real Estate Sale of Real Estate

100,000 550,150 650,150

63,491 944,132 1,007,623

63,491 944,132 1,007,623

Total Miscellaneous Revenue

Total Revenues

1,150,150

1,562,659

(1,485,243)

77,416

Expenditures: Capital Improvements: General Government

8,480,223 14,628,525 12,960,680 2,675,500 4,519,537

664,699 500,000 704,416 2,179,487 1,536,376

389,571 58,309 234,220 241,572

1,054,270 558,309 938,636 2,421,059 2,704,064

Public Safety

Culture and Recreation

Engineering

Neighborhood Development

1,167,688

Total Expenditures

43,264,465

5,584,978

2,091,360

7,676,338

Excess of Revenues Under Expenditures

(42,114,315)

(4,022,319)

(3,576,603)

(7,598,922)

Other Financing Sources (Uses): Debt Issuances: Proceeds from Installment Financing

2,969,525 39,169,260

Transfers In Transfers Out

8,134,258

30,972,013

39,106,271

(24,470)

(24,470)

(24,470)

Total Other Financing Sources (Uses)

42,114,315

8,134,258

30,947,543

39,081,801

Excess of Revenues and Other Financing Sources (Uses) Over Expenditures

$

4,111,939

27,370,940

31,482,879

Fund Balance - July 1

4,111,939

Fund Balance - June 30

$ 4,111,939

$ 31,482,879

$ 31,482,879

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