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xx <br />Community Development Fund <br />The table below shows a 5-year comparison of funding sources, uses, and changes in fund balance for <br />the Community Development Fund. <br />I off n, EM, <br />Personnel <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />rounding Sources <br />Actual <br />Actaal <br />Actual <br />Budget <br />Budg <br />Licenses & Permits <br />$ 9405192 <br />$ 150785917 <br />11,0019418 <br />S 191751.000 <br />$ 11.0225324 <br />Charges for Services <br />19307 <br />452608 <br />1343261 <br />- <br />- <br />Interest Earnings <br />24,113 <br />91221 <br />4P282 <br />159295 <br />5000 <br />Other Revenue <br />55755 <br />359589 <br />249149 <br />70000 <br />709000 <br />Total Sources <br />130215367 <br />151693335 <br />19164J 10 <br />12%295 <br />190979324 <br />I off n, EM, <br />Personnel <br />8301297 <br />9005.115 <br />1018586 <br />15.017940 <br />8665419 <br />Supplies & Materials <br />12ffll <br />13;1359 <br />105,351 <br />142750 <br />14;750 <br />Other Services & Charges <br />2589770 <br />292Y234 <br />1777815 <br />2199855 <br />2105,155 <br />Capital Outlay <br />19436 <br />243,699 <br />183,764 <br />79750 <br />65.000 <br />Total Uses <br />131039384 <br />122309407 <br />19225,516 <br />13,2609295 <br />190979324 <br />Other Sources (Uses) <br />Transfer In (Out) - <br />Other 2,440 <br />Total Mer Sources Mses) 2,440 <br />Excess of Funding Sources <br />Over (Under) Funding Uses (821.017) (612072) (589966) <br />Fund Balance - Jan 1 st 343029 2615012 1993940 1403,974 1409974 <br />F und Balance - Dee 3 1 st $ 2611.012 $ 1999940 $ 1403.974 S 140974 S 1409974 <br />Discussion Items <br />During the penod 2007-20119 the Community Development Fund realized some fluctuation in overall <br />activity which was indicative of changing market conditions for both housing and commercial <br />development. It is expected that beginning in late 2011 or 2012, development at several major areas will <br />take place, which should stabilize the Fund's operationsO <br />Although not shown above, preliminary 2010 financial results were weaker than projected. This has <br />rtecessitated the transfer of some actives to the General Fund and a reduction in staffing levels. <br />24 <br />