|
Schedule 11
<br />Cabarrus County, North Carolina
<br />Justice Center Construction Capital Projects Fund
<br />Schedule of Revenues, Expenditures and Changes in Fund
<br />Balances - Budget and Actual
<br />From Inception and for the Year Ended June 30, 2012
<br />Actual
<br /> ProjectPriorCurrentTotal to
<br />YearsYearDate
<br />Authorization
<br />Revenues:
<br />Investment earnings2,215,834$ 2,219,893$ 272$ 2,220,165$
<br />Total revenues2,215,834 2,219,893 272 2,220,165
<br />Expenditures:
<br />Public Safety143,346 118,131 25,213 143,344
<br />Arbitrage131,722 131,722 - 131,722
<br />Capital outlay
<br />Land4,252,965 4,252,965 - 4,252,965
<br />Jail Annex16,341,871 16,341,871 - 16,341,871
<br />Sheriff's Administration Building37,102,007 37,102,007 - 37,102,007
<br />Jail Housing Unit58,920,884 58,496,576 97,337 58,593,913
<br />7th Floor Sheriff's Admin Renovation 2,500,000 - 1,248,501 1,248,501
<br />Total Capital outlay 119,117,727 116,193,419 1,345,838 117,539,257
<br />Total expenditures119,392,795 116,443,272 1,371,051 117,814,323
<br />Excess (deficiency) of revenues over
<br /> (under) expenditures(117,176,961) (114,223,379) (1,370,779) (115,594,158)
<br />Other financing sources (uses):
<br />Issuance of debt-Installment Financing15,000,000 15,000,000 - 15,000,000
<br />Issuance of debt-Certificates of Participation92,405,000 92,405,000 - 92,405,000
<br />Premium on issuance of Certificates of Participation1,280,966 1,280,966 - 1,280,966
<br />Transfer in - Capital Reserve Fund6,458,772 6,458,772 - 6,458,772
<br />Transfer in - General Fund6,076,843 6,076,843 - 6,076,843
<br />Transfer (out) - Capital Reserve Fund(1,649,458) (1,649,458) - (1,649,458)
<br />Transfer (out) - General Fund(2,395,162) (1,396,193) (999,029) (2,395,222)
<br /> (999,029) 117,176,901
<br />Total other financing sources (uses)117,176,961 118,175,930
<br />Net change in fund balance$ -$ 3,952,551 (2,369,808)$ 1,582,743
<br />Fund balance, July 1 3,952,551
<br />Fund balance, June 30$ 1,582,743
<br />92
<br />
|