COG Comprehensive Annual Financial Report

Schedule 19

State Highway Allocation Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2018

Variance Positive (Negative)

Final Budget

Actual

Revenues:

Intergovernmental: State Powell Bill

$

7,475,000

$

7,319,581

$

(155,419)

Investment Income (Loss)

50,000

207,425

157,425

Miscellaneous: Sales and Use Tax Refund

19,877

19,877

Total Revenues

7,525,000

7,546,883

21,883

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

(7,525,000)

(7,510,000)

15,000

$

36,883

36,883

Fund Balance - July 1

46,988

46,988

Fund Balance - June 30

$

83,871

$

83,871

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