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1995 Budget Reports
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1995 Budget Reports
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i : <br /> <br />~,~~, <br />LOWER RUM RIVER WATER MANAGEMENT ORGANIZAT'ION ~~ ~~ <br />~7 I $I <br />STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN <br /> FUND BALANCE - BUDGET AND ACTUAL <br /> YEAR ENDED JANUARY 31,1995 <br />(W1TH COMPARATIVE ACI'CiAL AMOLTNTS FOR THE YEAR ENDED JANLJARY 31, 1994) <br /> 1995 <br /> vnx~nrrcE- <br /> FINAL FAVORABLE 1994 <br /> BUDGET ACTCJAL (ur~nvoxnar.s) ACI'CJAL <br />Revenues: <br />Assessments from <br />participating cities (Note 4) $ 18,200 $ 18,200 $ 18,200 • <br />Permits (Note 4) 6,000 7,980 $ 1,980 4,4?A <br />Grant income 1,627 1,627 <br />Interestincome 875 875 568 <br /> <br />Totalrevenues 2A,200 28,682 4,482 23,188 <br />Expenditures: <br />Engineeringfees 12,800 12,964 (164) 6,498 <br />L.egaland professionalfees 3,800 2,010 1,790 5,146 <br />Insurance 2,500 2,140 360 2,104 <br />Secretarial services and supplies 4,000 3,569 431 3,462 <br />Other 1,100 660 440 600 <br />Totalexpenditures 24,200 21,343 2,857 17,810 <br />Excess of revenues <br />over expenditures $ 0 7,339 $ 7,339 5,378 <br />Fund balance, beginning of year 19,591 14,213 <br />Fund balance, end of year $ 26,930 $ 19,591 <br />See accompanying notes. <br />-3- <br />
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