|
49
<br />
<br />The expenditure budget shows an increase of 18% over 2017, this is mainly due
<br />to the increase in Capital Outlay for a gateway sign currently programmed in the
<br />CIP.
<br />
<br />Budget Summary
<br />
<br />Function: Economic Development Department: EDA General Fund
<br />Appropriation Detail
<br />Actual Actual Budget Amended YTD Preliminary % Change
<br />Activity FY 2015 FY 2016 FY 2017 FY2017 06/30/2017 FY 2018 17 vs 18
<br />Revenues
<br />Taxes 63,361 4,889 - - 2,702 - 0.00%
<br />Intergovernmental - - - - - - 0.00%
<br />Miscellaneous 5,639 4,795 5,600 5,600 5,776 5,600 0.00%
<br />Other Financing Sources 30,000 60,000 90,000 90,000 90,000 120,000 33.33%
<br />Total Revenues 99,000$ 69,684$ 95,600$ 95,600$ 98,478$ 125,600$ 31.38%
<br />Expenditures
<br />Total Personal Services 60,769 42,842 72,301 72,301 16,544 55,124 -23.76%
<br />Total Materials and Supplies 257 290 650 650 - 650 0.00%
<br />Other Service Charges 51,961 29,513 61,248 61,248 12,566 75,922 23.96%
<br />Capital Outlay 10,077 - 45,000 45,000 - 80,000 77.78%
<br />Total Expenditures 123,064$ 72,645$ 179,199$ 179,199$ 29,110$ 211,696$ 18.13%
<br />Fund Balance - January 1 310,687 286,623 283,662 283,662 283,662 200,063
<br />Excess Revenue Over Expenditure (24,064) (2,961) (83,599) (83,599) 69,368 (86,096)
<br />Fund Balance - December 31 286,623$ 283,662$ 200,063$ 200,063$ 353,030$ 113,967$
<br />
<br />
|