|
<br />CITY OF CENTERVILLE, MINNESOTA I
<br />STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE- I
<br /> BUDGET AND ACTUAL
<br /> GENERAL FUND
<br />YEAR ENDED DECEMBER 31,2002 I
<br /> Variance -
<br /> Favorable I
<br /> Budget Actual (Unfavorable)
<br />REVENUE
<br />General property taxes $ 1,480,623 $ 1,367,373 $ (113,250) I
<br />Licenses and permits 200,500 280,551 80,051
<br />Intergovernmental 15,000 242,833 227,833
<br />Charges for services 500 1,725 1,225
<br />Fines and forfeits 25,000 21,306 (3,694) I
<br />Interest on investments 40,000 30,015 (9,985)
<br />Miscellaneous 35,990 52,085 16,095
<br />TOTAL REVENUE 1,797,613 1,995,888 198,275 I
<br />EXPENDITURES I
<br />Current
<br />General government 474,755 473,702 1,053
<br />Public safety 607,778 725,288 (117,510) I
<br />Public works 282,441 194,783 87,658
<br />Culture and recreation 117,856 59,457 58,399
<br />Miscellaneous 9,671 (9,671) I
<br />Capital outlay 189,000 80,047 108,953
<br />TOTAL EXPENDITURES 1,671,830 1,542,948 128,882 I
<br />EXCESS (DEFICIENCY) OF REVENUE OVER
<br />EXPENDITURES 125,783 452,940 327,157 I
<br />OTHER FINANCING SOURCES (USES)
<br />Operating transfer in 121,499 121,499 I
<br />Operating transfer out (125,783) (349,587) (223,804)
<br />TOTAL OTHER FINANCING SOURCES (USES) (125,783) (228,088) (102,305) I
<br />EXCESS (DEFICIENCY) OF REVENUE
<br />AND OTHER FINANCING SOURCES OVER I
<br />EXPENDITURES AND OTHER FINANCING USES $ 224,852 $ 224,852
<br />FUND BALANCE, JANUARY 1 713,080 I
<br />FUND BALANCE, DECEMBER 31 $ 937,932
<br /> I
<br />See Notes to Financial Statements. I
<br /> -7- I
<br />
|