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<br />CITY OF RAMSEY
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<br />Statement of Revenue, Expenditures, and Changes in Fund Balances
<br />Housing Redevelopment Authority - Budget and Actual
<br />Year Ended December 31, 2009
<br />
<br /> Budgeted Amounts Over (Under)
<br /> Original Final Actual Final Budget
<br />Revenue
<br />Property taxes $ 312,443 $ 560,000 $ 547,631 $ (12,369)
<br />Intergovernmental revenues 13,722 13,722
<br />Other revenue
<br />Investment earnings 5,000 5,000 24,699 19,699
<br />Miscellanous 595,641 595,641
<br />Total revenue 317,443 1,160,641 1,181,693 21,052
<br />Expenditures
<br />Current
<br />General government 312,443 552,199 538,873 (13,326)
<br />Capital Outlay 6,764,429 (6,764,429)
<br />Total expenditures 312,443 7,316,628 538,873 (6,777,755)
<br />Excess (deficiency) of revenue over expenditures 5,000 (6,155,987) 642,820 6,798,807
<br />Other financing sources (uses)
<br />Transfers in 6,251,973 1,583,185 (4,668,788)
<br />Total other financing sources (uses) 6,251,973 1,583,185 (4,668,788)
<br />Special item 5,851,196 5,851,196
<br />Net change in fund balances $ 5,000 $ 95,986 8,077,201 $ 7,981,215
<br />Fund balances
<br />Beginning of year 621,443
<br />End of year $ 8,698,644
<br />See notes to basic financial statements
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<br />-It-
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