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94 Attachment number 1 <br />1 -3 Page 219 <br />Schedule 15 <br />Cabarrus County, North Carolina <br />2009 School Construction Capital Projects Fund <br />Schedule <br />of Revenues, Expenditures and Changes in Fund <br />Balances - Budget and Actual <br />From Inception and for the Year <br />Ended June 30, 2011 <br />Actual <br />Project <br />Prior <br />Current <br />Total to <br />Authorization <br />Years <br />Year <br />Date <br />Revenues: <br />Investment earnings <br />$ <br />$ 1,888 <br />$ <br />$ 1,888 <br />Total revenues <br />- <br />1,888 <br />1,888 <br />Expenditures: <br />Education - Legal <br />177,553 <br />177,553 <br />177,553 <br />Capital outlay - education <br />AT Allen Elementary <br />977,685 <br />977,685 <br />- <br />977,685 <br />Charles E. Boger Elementary Addition <br />1,748,683 <br />1,340,477 <br />239,062 <br />1,579,539 <br />Carl A. Furr Elementary Addition <br />1,750,776 <br />1,750,776 <br />- <br />1,750,776 <br />Hickory Ridge Middle <br />478,427 <br />478,427 <br />478,427 <br />Patriots Elementary <br />1,845,888 <br />1,845,888 <br />1,845,888 <br />Mt. Pleasant Middle <br />53,685 <br />53,685 <br />53,685 <br />Harold E. Winkler Middle <br />2,857,680 <br />2,857,680 <br />- <br />2,857,680 <br />Total Capital outlay <br />9,712,824 <br />9,304,618 <br />239,062 <br />9,543,680 <br />Total expenditures <br />9,890,377 <br />9,482,171 <br />239,062 <br />9,721,233 <br />Excess (deficiency) of revenues over <br />(under) expenditures <br />(9,890,377) <br />(9,480,283) <br />(239,062) <br />(9,719,345) <br />Other financing sources (uses): <br />Transfer in - Capital Reserve Fund <br />10,090,377 <br />10,090,377 <br />10,090,377 <br />Transfer (out) - Capital Project Fund <br />(200,000) <br />(200,000) <br />(200,000) <br />Total other financing sources (uses) <br />9,890,377 <br />9,890,377 <br />9,890,377 <br />Net change in fund balance <br />$ - <br />$ 410,094 <br />(239,062) <br />$ 171,032 <br />Fund balance, July 1 <br />410,094 <br />Fund balance, June 30 <br />$ 171,032 <br />94 Attachment number 1 <br />1 -3 Page 219 <br />