Comprehensive Annual Financial Report - Fiscal Year ended 6/30/2017

COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR GOVERNMENTAL FUNDS For the Fiscal Year Ended June 30, 2017 Special Capital Total Nonmajor Revenue Projects Governmental Funds Funds Funds REVENUES Intergovernmental 39,971,754 $ 16,592,774 $ 56,564,528 $ Revenue for services - 3,650,000 3,650,000 Non-governmental 45,946 - 45,946 Assessments - 1,426,972 1,426,972 Gain (loss) on investments 163,758 687,013 850,771 Facility fees - 8,234,592 8,234,592 Rents 116,479 289,958 406,437 Program income 858,201 - 858,201 Miscellaneous other 134,119 85,598 219,717 Total revenues 41,290,257 30,966,907 72,257,164 EXPENDITURES Current: General government 1,238,270 2,924,387 4,162,657 Community development services 6,574,726 - 6,574,726 Public infrastructure 3,235,454 74,917,104 78,152,558 Public safety 3,792,020 7,776,563 11,568,583 Leisure services 1,261,827 16,431,713 17,693,540 Economic development programs 1,503,874 - 1,503,874 Total expenditures 17,606,171 102,049,767 119,655,938 Excess (deficiency) of revenues over (under) expenditures 23,684,086 (71,082,860) (47,398,774) OTHER FINANCING SOURCES (USES) Transfers in 7,196,468 32,227,036 39,423,504 Transfers out (24,281,501) (11,170,186) (35,451,687) Issuance of debt - 68,000,000 68,000,000 Premium on issuance of debt - 5,774,999 5,774,999 Gain (loss) on sale of capital assets 2,757,519 1,438,100 4,195,619 Total other financing sources and uses (14,327,514) 96,269,949 81,942,435 Net change in fund balances 9,356,572 25,187,089 34,543,661 Fund balances, beginning of year 121,601,703 169,484,434 291,086,137 Fund balances, end of year 130,958,275 $ 194,671,523 $ 325,629,798 $ City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 83 __________________________________________________________

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