|
Schedule 15
<br />Cabarrus County, North Carolina
<br />Capital Reserve Capital Projects Fund
<br />Schedule of Revenues, Expenditures and Changes in Fund
<br />Balances - Budget and Actual
<br />From Inception and for the Fiscal Year Ended June 30, 2012
<br />Actual
<br /> ProjectPriorCurrentTotal to
<br />AuthorizationYearsYearDate
<br />Revenues:
<br />Contribution - Tourism Authority$ 175,000$ -$ 191,184$ 191,184
<br />Investment earnings 269,142 266,915 10,603 277,518
<br />Total revenues 444,142 266,915 201,787 468,702
<br />Expenditures:
<br />Education:
<br /> Rowan Cabarrus Community College 280,043 - - -
<br />Building improvements 4,329,556 - - -
<br />Total expenditures 4,609,599 - - -
<br />Excess (deficiency) of revenues over
<br /> (under) expenditures (4,165,457) 266,915 201,787 468,702
<br />Other financing sources (uses):
<br />Transfer in - General Fund 33,460,841 33,460,841 - 33,460,841
<br />Transfer (out) - General Fund (3,057,005) (3,057,005) - (3,057,005)
<br />Transfer (out) - Capital Project Fund(25,838,379)(21,816,579) (3,846,800)(25,663,379)
<br />Transfer (out) - Special Revenue Fund (400,000) (400,000) - (400,000)
<br />Total other financing sources (uses) 4,165,457 8,187,257 (3,846,800) 4,340,457
<br />Net change in fund balance$ -$ 8,454,172 (3,645,013)$ 4,809,159
<br />Fund balance, July 1 8,454,172
<br />Fund balance, June 30$ 4,809,159
<br />96
<br />
|