COG Comprehensive Annual Financial Report

Schedule 35

General Capital Improvements Fund Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual From Project Inception and For the Fiscal Year Ended June 30, 2018

Actual Current Year

Prior Years

Total To Date

Project Authorization

Revenues: Investment Income (Loss) Miscellaneous: Rent Sale of Real Estate

$

(40)

$

160,774

$

160,734

$

100,000

888,530 92,200

888,530 92,200

892,000 100,000

Donations and Private Contributions

(40)

Total Revenues

1,141,504

1,141,464

1,092,000

Expenditures: Capital Improvements: General Government

2,566

2,463,274 100,286 521,768 799,543 2,240,987

2,465,840 100,286 521,768 799,543 2,278,000

2,487,930 103,786 521,769 828,319 2,838,604

Neighborhood Development Public Safety Transportation Culture and Recreation

37,013

Total Expenditures

6,125,858

39,579

6,165,437

6,780,408

Excess of Revenues Under Expenditures

(4,984,354)

(39,619)

(5,023,973)

(5,688,408)

Other Financing Sources (Uses): Transfers In Transfers Out

5,747,503 (100,000)

5,747,503 (100,000)

5,788,408 (100,000)

5,647,503

5,647,503

Total Other Financing Sources (Uses)

5,688,408

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

663,149

(39,619)

623,530

$

663,149

Fund Balance - July 1

$

663,149

$

623,530

$

623,530

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 Loan Converted to Grant Fund Balance - June 30

$

623,530

237,490 512,510 (750,000) 623,530

$

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