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2006-12-31 Management Letter
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2006-12-31 Management Letter
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<br /> <br />City of Centerville <br />May 3, 2007 <br />Page Five <br /> <br />A table summarizing the General fund balance in relation to budget follows: <br /> Percent <br /> Fund General of Fund <br /> Balance Budget Fund Balance to <br />Year December 3 1 Year Budget Budget <br />2001 $ 713,080 2002 $ 1,797,613 40 % <br />2002 937,932 2003 \ ,899,469 49 <br />2003 ] ,068,38\ 2004 2,002,000 53 <br />2004 1,3\6,103 2005 2,046,000 64 <br />2005 1,549,356 2006 2,019,600 77 <br />2006 1,563,335 2007 2,176,700 72 <br /> Fund Balances as a Percent of Next Year's Budget <br />$2,500,000 <br /> $2,176,700 <br /> $1,899,469 $2,002,000 $2,046,000 $2,019,600 .... <br /> $1,797,613 . . . <br />$2,000,000 <br /> . <br /> . <br />$1,500,000 <br /> 77% 72% <br />$1,000,000 <br /> 53% <br />$500,000 1_40Y, -I <br />$- <br /> 2001 2002 2003 2004 2005 2006 2007 <br /> I...... Actual Fund Balance -Budget I <br /> <br />952.83S.9090 . Fax 952.S:~53261 <br /> <br />www.aemcpas.com <br />
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