Table of Contents Table of Contents
Previous Page  150 / 270 Next Page
Information
Show Menu
Previous Page 150 / 270 Next Page
Page Background

90

City of Raleigh

Financial Section

SCHEDULE OF REVENUES AND EXPENDITURES

COMPARED WITH BUDGET

STREET IMPROVEMENT FUND

For the Fiscal Year Ended June 30, 2016

Over

Prior

Current

(Under)

Years

Year

Total

Budget

Budget

REVENUES

Intergovernmental:

State of North Carolina

$ 30,500,593

$ 1,861,073

$ 32,361,666

$ 43,705,151

$ (11,343,485)

Developer participation

334,471

-

334,471

1,312,744

(978,273)

Assessments

198,967

857,631

1,056,598

747,741

308,857

Gain (loss) on investments

-

268,117

268,117

96,000

172,117

Miscellaneous other

-

-

-

800,000

(800,000)

Total revenues

31,034,031

2,986,821

34,020,852

46,661,636

(12,640,784)

OTHER FINANCING SOURCES

Transfers from:

General fund

-

10,071,000

10,071,000

10,071,000

-

Facility fees fund

-

7,000,000

7,000,000

7,000,000

-

Total other financing sources

-

17,071,000

17,071,000

17,071,000

-

Total revenues and other

financing sources

$ 31,034,031

$ 20,057,821

$ 51,091,852

63,732,636

$ (12,640,784)

Fund balance appropriated

81,683,494

$ 145,416,130

EXPENDITURES

Public works

$ 93,238,849

$ 14,333,119

$ 107,571,968 $ 142,595,025 $ (35,023,057)

OTHER FINANCING USES

Transfers to:

Mass transit fund

-

2,821,105

2,821,105

2,821,105

-

Total expenditures and other

financing uses

$ 93,238,849

$ 17,154,224

$ 110,393,073 $ 145,416,130 $ (35,023,057)

Actual

90