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06-25-18-R
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06-25-18-R
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6/26/2018 10:58:58 AM
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6/21/2018 3:49:20 PM
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Actual Variance With <br />Original Budget Final Budget Amounts Final Budget <br />Revenues <br />Taxes – tax increments –$ –$ 4,729$ 4,729$ <br />Earnings on investments 5,600 5,600 4,580 (1,020) <br />Total revenues 5,600 5,600 9,309 3,709 <br /> <br />Expenditures <br />Economic development <br />Current <br />Personal services 72,301 72,301 33,610 38,691 <br />Materials and supplies 650 650 290 360 <br />Other services and charges 61,248 61,248 44,351 16,897 <br />Capital outlay 45,000 45,000 1,647 43,353 <br />Total expenditures 179,199 179,199 79,898 99,301 <br />Revenues over (under) expenditures (173,599) (173,599) (70,589) 103,010 <br />Other financing sources <br />Transfers in 90,000 90,000 90,000 – <br />Net change in fund balances (83,599)$ (83,599)$ 19,411 103,010$ <br />Fund balance – beginning 283,647 <br />Fund balance – ending 303,058$ <br />CITY OF ARDEN HILLS <br />Required Supplementary Information <br />Budgetary Comparison Schedule – EDA Operating Fund <br />Year Ended December 31, 2017 <br />-51-
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