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Community Development Fund
<br />The table below shows a five-year comparison of funding sources, uses, and changes in fund balance for
<br />the Community Development Fund.
<br />20122013201420152016
<br />Funding Sources
<br />ActualActualActualBudgetBudget
<br />Licenses & Permits$1,124,913$1,245,028$1,097,097$1,274,110$1,213,500
<br />Charges for Services152,664200,775243,679--
<br />Interest Earnings7,908(31,826)45,987-8,000
<br />Other Revenue176,50317,99421,239186,000261,000
<br />Total Sources1,461,9881,431,9711,408,0021,460,1101,482,500
<br />Funding Uses
<br />Personnel886,832970,4391,045,0791,142,0001,265,425
<br />Supplies & Materials13,38112,7889,15418,13017,875
<br />Other Services & Charges196,989193,602174,550290,360308,970
<br />Capital Outlay160,53230,77620,8432,0009,150
<br />Total Uses1,257,7341,207,6051,249,6261,452,4901,601,420
<br />Other Sources (Uses)
<br />Transfer In (Out)--(40,000)--
<br />Other-3,365---
<br />Total Other Sources (Uses)-3,365(40,000)--
<br />Excess of Funding Sources
<br /> Over (Under) Funding Uses204,254227,731118,3767,620(118,920)
<br />Fund Balance - Jan 1st163,163367,417595,148713,524721,144
<br />Fund Balance - Dec 31st$367,417$595,148$713,524$721,144$602,224
<br />Discussion Items
<br />During the period 2012-2016, the Community Development Fund realized increasing overall activity
<br />which was indicative of changing market conditions for both housing and commercial development. It is
<br />expected that over the next several years, development at several major areas will continue to take place
<br />which should maintain relative stability in the Fund’s operations.
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