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CITY OF RAMSEY, MINNESOTA Exhibit C-4 <br />RIVER'S BEND FUND <br />STATEMENT OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE - <br />BUDGET (GAAP BASIS) AND ACTUAL <br />Year Ended Decembnr 31, 1989 <br />(With Comparative Actual Amounts for Year Ended December 31, 1988) <br /> 1989 1988 <br /> Variance - <br /> Favorable <br /> Budget Actual (Unfavorable) Actual <br /> <br />Revenue: <br />Interest earned on investments $ 100 $ 697 $ 597 $ 481 <br />Miscellaneous - <br />Developers' contributions 2.000 2.040 40 _ 2.680 <br />Total Revenue 2,100 2,737 637 3,161 <br />Expenditures: <br />Current - <br />General government - <br />Services and charges 2.100 1.145 955 510 <br /> <br />EXCESS OF REVENUE <br />OVER EXPENDITURES $ - 1,592 $ 1.592 2,651 <br />Fund balance -beginning of year 6.957 4.306 <br /> <br />Fund Balance -End of Year $ 8.549 $ 6.957 <br />- 50- <br />