CAFR 2016

Schedule 16

State Highway Allocation Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2016

Variance Positive (Negative)

Final

Budget

Actual

Revenues:

Intergovernmental: State Powell Bill

$

7,475,000

7,412,721 $

$

(62,279)

Assessments

8,247

8,247

Investment Income

50,000

20,353

(29,647)

Miscellaneous: Sales and Use Tax Refund

1,437

1,437

Appropriated Fund Balance

310,000

(310,000)

Total Revenues

7,835,000

7,442,758

(392,242)

Other Financing Uses: Transfers Out

(7,835,000)

(7,835,000)

Excess of Revenues Under Other Financing Uses

$

(392,242)

(392,242)

Fund Balance - July 1

340,309

340,309

Fund Balance - June 30

$

(51,933)

$

(51,933)

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