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

SCHEDULE OF REVENUES AND EXPENDITURES COMPARED WITH BUDGET HOUSING BOND FUND For the Fiscal Year Ended June 30, 2017 Over Prior Current (Under) Years Year Total Budget Budget REVENUES Gain (loss) on investments $ - $ 76,059 $ 76,059 $ - $ 76,059 Program income 558,680 528,477 1,087,157 1,058,680 28,477 Miscellaneous other - 100 100 - 100 Total revenues 558,680 604,636 1,163,316 1,058,680 104,636 OTHER FINANCING SOURCES Transfers from: General fund - 2,240,000 2,240,000 2,240,000 - Bonds issued 16,000,024 - 16,000,024 16,000,024 - Premium on bonds issued 122,366 - 122,366 - 122,366 Gain/(loss) on sale of capital assets - 2,532,628 2,532,628 - 2,532,628 Total other financing sources 16,122,390 4,772,628 20,895,018 18,240,024 2,654,994 Total revenues and other financing sources $ 16,681,070 $ 5,377,264 $ 22,058,334 19,298,704 $ 2,759,630 Fund balance appropriated 6,342,406 $ 25,641,110 EXPENDITURES Economic development programs $ 17,935,087 $ 1,503,874 $ 19,438,961 $ 25,241,110 $ (5,802,149) OTHER FINANCING USES Transfer to: General fund - 400,000 400,000 400,000 - Total expenditures and other financing uses $ 17,935,087 $ 1,903,874 $ 19,838,961 $ 25,641,110 $ (5,802,149) Actual City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 93 __________________________________________________________

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