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CITY OF RAMSEY <br />Statement of Revenue, Expenditures, and Changes in Fund Balances <br />Housing and Redevelopment Authority – Budget and Actual <br />Year Ended December 31, 2014 <br />Budgeted AmountsOver (Under) <br />OriginalFinalActualFinal Budget <br />Revenue <br />Property taxes207,802$ 207,293$ 207,293$ –$ <br />Intergovernmental revenue– 58 58 – <br />Other revenue <br />Investment earnings 2,500 17,441 17,441 – <br />Miscellanous– 123,256 123,256 – <br />Total revenue210,302 348,048 348,048 – <br />Expenditures <br />Current <br />General government207,802 246,587 246,587 – <br />Excess of revenue over expenditures2,500 101,461 101,461 – <br />Other financing sources (uses) <br />Transfers (out)– (220,419) (220,419) – <br />et change in fund balances$2,500$(118,958) (118,958)$– <br />N <br />Fund balances <br />Beginning of year 8,230,719 <br />End of yea$8,111,761 <br />r <br />See notes to basic financial statements <br />Page 53 <br /> <br />