CAFR 2017

Schedule 66

War Memorial Coliseum Capital 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: Miscellaneous Revenue: Rent

$

465,000 553,720

$

225,000 553,007 778,007

$

224,857

$

449,857 553,759

Sales and Use Tax Refund

752

Total Revenues

1,018,720

225,609

1,003,616

Expenses: Facility Improvements: War Memorial Coliseum Complex Improvements: Administrative

573,793

573,792

573,792

Arena

20,396,336

20,396,337

20,396,337

Special Events Aquatic Center

676,599

676,598

676,598

1,049,919

1,049,919

1,049,919

White Oak Ampitheatre Canada Dry Building

85,141

85,141

85,141

3,186,217 2,070,490 28,038,495

2,265,497 2,070,490 27,117,774

2,265,497 2,070,490 27,117,774

Parking

Total Operating Expenses

Operating Income (Loss)

(27,019,775)

(26,339,767)

225,609

(26,114,158)

Nonoperating Revenues: Investment Income

52

52

Donations and Private Contributions Total Nonoperating Revenues

299,280 299,280

299,280 299,332

299,280 299,332

Nonoperating Expenses: Bond Issue Expense

512,225 512,225

512,225 512,225

512,225 512,225

Total Nonoperating Expenses

Excess of Revenues Over (Under) Expenses Before Other Financing Sources (Uses) Other Financing Sources (Uses): Transfer from Hotel/Motel Occupancy Tax Fund

(27,232,720)

(26,552,660)

225,609

(26,327,051)

1,210,720

1,210,720

1,210,720

Transfer from Hotel/Motel Occupancy Tax Fund for Limited Obligation Notes/Bonds Issued

26,022,000

26,037,051

26,037,051

Transfer to Hotel/Motel Occupancy Tax Fund Total Other Financing Sources (Uses)

(920,720)

(920,720)

27,232,720

26,327,051

26,327,051

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

$

(225,609) $

$

225,609

$

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