CAFR 2017

Schedule 60

Guilford County Construction Project Fund Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) From Project Inception and For the Year Ended June 30, 2017

Actual Current

Project

Prior Years

Total

Authorization

Year

To Date

Revenues: Guilford County Construction: Reimbursements

10,435,434 $

10,353,461 $

$

10,353,461 $

Expenses: Capital Improvements: Forest Oaks Estate Lynwood Lakes

13,181,870

10,305,858

512,032

10,817,890

GTCC Water and Sewer Project

578,163 349,648

Koury Projects

Total Expenses

14,109,681

10,305,858

512,032

10,817,890

Other Operating Revenues: Sales and Use Tax Refund

82,274

82,274

Excess of Revenues Over (Under) Expenses Before Other Financing Sources

(3,674,247)

129,877

(512,032)

(382,155)

Other Financing Sources: Transfers In

3,674,247

3,192,747

3,192,747

Excess of Revenues and Other Financing Sources Over (Under) Expenses

$

3,322,624 $

$

(512,032)

2,810,592 $

-123-