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

COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR SPECIAL REVENUE FUNDS For the Fiscal Year Ended June 30, 2017 Housing Community Bond Development Grants Fund Fund Fund REVENUES Intergovernmental (including in-kind contributions of $44,454) 3,359,122 $ - $ 6,642,261 $ Non-governmental 45,946 - - Gain (loss) on investments - 76,059 - Rents - - 116,479 Program income - 528,477 329,724 Miscellaneous other - 100 134,019 Total revenues 3,405,068 604,636 7,222,483 EXPENDITURES Current: General government 32,920 - - Community development services 361,272 - 6,213,454 Public infrastructure 3,235,454 - - Public safety 1,004,614 - - Leisure services 161,827 - - Economic development programs - 1,503,874 - Total expenditures 4,796,087 1,503,874 6,213,454 Excess (deficiency) of revenues over (under) expenditures (1,391,019) (899,238) 1,009,029 OTHER FINANCING SOURCES (USES) Transfers in 1,391,019 2,240,000 215,449 Transfers out - (400,000) - Gain (loss) on sale of capital assets - 2,532,628 224,891 Total other financing sources and uses 1,391,019 4,372,628 440,340 Net change in fund balances - 3,473,390 1,449,369 Fund balances, beginning of year - 54,165,228 23,887,338 Fund balances, end of year - $ 57,638,618 $ 25,336,707 $ City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 90 __________________________________________________________

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