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2003-12-31 Year End Financial Audit
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2003-12-31 Year End Financial Audit
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<br />CITY OF CENTERVILLE, MINNESOTA <br />COMBINING STATEMENT OF REVENUE, EXPENDITURES <br />AND CHANGES IN FUND BALANCE (DEFICIT) - CONTINUED <br />NONMAJOR GOVERNMENTAL FUNDS <br />YEAR ENDED DECEMBER 31, 2003 <br /> <br /> Capital Projects Funds - Continued <br /> 441 442 <br /> Total <br /> Eagle Pheasant Nonmajor <br /> Pass Marsh Governmental <br /> (Phase 2) (Phase 2) Funds <br />REVENUE <br />Tax increments $ $ $ 39,070 <br />Special assessments 57,987 <br />Refunds and reimbursements 4,706 <br />Interest on investments 1,426 2,908 54,669 <br />Miscellaneous 310,256 <br />TOTAL REVENUE 1,426 2,908 466,688 <br />EXPENDITURES <br />Current <br />Culture and recreation <br />Personal services 1,889 <br />Supplies 1,925 <br />Other services and charges 69 <br />Capital outlay <br />Public works 1,847 47,120 163,154 <br />Economic development 176,678 <br />Debt service <br />Principal 377,237 <br />Interest and other 93,173 <br />TOTAL EXPENDITURES 1,847 47,120 814,125 <br />EXCESS (DEFICIENCY) OF <br />REVENUE OVER EXPENDITURES (421) (44,212) (347,437) <br />OTHER FINANCING SOURCES (USES) <br />Operating transfers in 12,500 177,625 <br />Operating transfers out (12,500) (92,687) <br />TOTAL OTHER FINANCING SOURCES (USES) 84,938 <br />EXCESS (DEFICIENCY) OF <br />REVENUE AND OTHER FINANCING SOURCES <br />OVER EXPENDITURES AND OTHER FINANCING USES (421) (44,212) (262,499) <br />FUND BALANCE (DEFICIT), JANUARY 1 61,282 134,602 2,840,997 <br />FUND BALANCE (DEFICIT), DECEMBER 31 $ 60,861 $ 90,390 $ 2,578,498 <br /> <br />-41- <br />
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