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

SCHEDULE OF REVENUES AND EXPENDITURES COMPARED WITH BUDGET STREET BOND FUND For the Fiscal Year Ended June 30, 2017 Over Prior Current (Under) Years Year Total Budget Budget REVENUES Intergovernmental: State of North Carolina $ 985,788 $ - $ 985,788 $ 5,553,406 $ (4,567,618) Developer participation 2,027,831 - 2,027,831 2,027,831 - Gain (loss) on investments 4,578,908 112,034 4,690,942 4,774,533 (83,591) Total revenues 7,592,527 112,034 7,704,561 12,355,770 (4,651,209) OTHER FINANCING SOURCES Transfers from: General fund 5,124,630 - 5,124,630 5,124,630 - Street improvement fund 5,952,559 - 5,952,559 5,952,559 - Park improvement fund 435,344 - 435,344 435,344 - Facility fees fund 25,834 - 25,834 25,834 - Note proceeds 1,527,477 - 1,527,477 1,994,631 (467,154) Issuance of debt 61,175,547 64,997,914 126,173,461 151,861,099 (25,687,638) Gain (loss) on sale of capital assets 1,438,100 1,438,100 - 1,438,100 Total other financing sources 74,241,391 66,436,014 140,677,405 165,394,097 (24,716,692) Total revenues and other financing sources $ 81,833,918 $ 66,548,048 $ 148,381,966 177,749,867 $ (29,367,901) Fund balance appropriated 600,000 $ 178,349,867 EXPENDITURES Public infrastructure $ 67,566,326 $ 26,199,966 $ 93,766,292 $ 163,651,486 $ (69,885,194) OTHER FINANCING USES Transfers to: Mass transit fund 289,881 112,500 402,381 402,381 - Street Improvement fund 100,000 496,000 596,000 596,000 - Raleigh Union Station fund 8,250,000 5,450,000 13,700,000 13,700,000 - Total other financing uses 8,639,881 6,058,500 14,698,381 14,698,381 - Total expenditures and other financing uses $ 76,206,207 $ 32,258,466 $ 108,464,673 $ 178,349,867 $ (69,885,194) Actual City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 107 __________________________________________________________

RkJQdWJsaXNoZXIy NjM1NA==