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Cabarrus County, North Carolina
<br />Other Funds
<br />Statement of Revenues and Expenditures - Budget and Actual
<br />As of December 31, 2024*
<br />*this report was pulled prior to month end close
<br />Budgeted Amounts Variance with % Collected
<br />Original Final Actual Amounts Encumbrances* Final Budget or Used
<br />Arena and Events Center
<br />REVENUES
<br />Arena Other Finance Source Revenues
<br />$
<br />(1,420,686)
<br />$
<br />(1,499,808)
<br />$
<br />(1,064,202)
<br />$
<br />$
<br />435,606
<br />71.0%
<br />Fair Sales and Services
<br />(749,831)
<br />(749,831)
<br />(573,660)
<br />176,171
<br />76.5%
<br />Fair Investment Earnings
<br />(60,000)
<br />(60,000)
<br />(73,795)
<br />(13,795)
<br />123.0%
<br />Fair Miscellaneous Revenue
<br />(5,000)
<br />(5,000)
<br />(2,547)
<br />2,000
<br />2,453
<br />50.9%
<br />Total Arena and Events Center Fund
<br />$
<br />(2,235,517)
<br />$
<br />(2,314,639)
<br />$
<br />(1,714,205)
<br />$
<br />2,000
<br />$
<br />600,434
<br />74.1%
<br />EXPENDITURES
<br />Arena and Events Center
<br />$
<br />1,246,104
<br />$
<br />1,323,401
<br />$
<br />469,225
<br />$
<br />95,412
<br />$
<br />758,764
<br />42.7%
<br />County Fair
<br />989,413
<br />991,238
<br />586,365
<br />48,355
<br />356,518
<br />64.0%
<br />Total Arena and Events Center Fund
<br />$
<br />2,235,517
<br />$
<br />2,314,639
<br />$
<br />1,055,590
<br />$
<br />143,767
<br />$
<br />1,115,282
<br />51.8%
<br />Landfill Fund
<br />REVENUES
<br />Intergovernmental Revenues
<br />$
<br />(56,000)
<br />$
<br />(56,000)
<br />$
<br />(14,767)
<br />$
<br />-
<br />$
<br />41,233
<br />26.4%
<br />Permits and Fees
<br />(150,000)
<br />(150,000)
<br />(83,368)
<br />66,632
<br />55.6%
<br />Sales and Services
<br />(1,501,000)
<br />(1,501,000)
<br />(847,278)
<br />653,722
<br />56.4%
<br />Investment Earnings
<br />(135,734)
<br />(135,734)
<br />100.0%
<br />Other Financing Sources
<br />(740,478)
<br />(740,478)
<br />(740,478)
<br />-
<br />100.0%
<br />Total Landfill Fund
<br />$
<br />(2,447,478)
<br />$
<br />(2,447,478)
<br />$
<br />(1,821,625)
<br />$
<br />-
<br />$
<br />625,853
<br />74.4%
<br />EXPENDITURES
<br />Landfill Operations
<br />$
<br />2,447,478
<br />$
<br />2,447,478
<br />$
<br />855,567
<br />$
<br />448,803
<br />$
<br />1,143,108
<br />53.3%
<br />Total Landfill Fund
<br />$
<br />2,447,478
<br />$
<br />2,447,478
<br />$
<br />855,567
<br />$
<br />448,803
<br />$
<br />1,143,108
<br />53.3%
<br />911 Emergency Telephone Fund
<br />REVENUES
<br />Intergovernmental Revenues
<br />$
<br />(262,342)
<br />$
<br />(262,342)
<br />$
<br />(109,310)
<br />$
<br />-
<br />$
<br />153,032
<br />41.7%
<br />Investment Earnings
<br />(10,000)
<br />(10,000)
<br />(21,834)
<br />(11,834)
<br />218.3%
<br />Other Finance Sources
<br />(201,433)
<br />(1,160,300)
<br />1,160,300
<br />0.0%
<br />Total911 Emergency Telephone Fund
<br />$
<br />(473,775)
<br />$
<br />(1,432,642)
<br />$
<br />(131,144)
<br />$
<br />-
<br />$
<br />1,301,498
<br />9.2%
<br />EXPENDITURES
<br />Operations
<br />$
<br />388,775
<br />$
<br />388,775
<br />$
<br />182,565
<br />$
<br />84,865
<br />$
<br />121,345
<br />68.8%
<br />Debt Service
<br />-
<br />-
<br />-
<br />-
<br />-
<br />0.0%
<br />Captial Outlay
<br />85,000
<br />1,763,632
<br />958,866.60
<br />804,765
<br />0.0%
<br />Total911 Emergency Telephone Fund
<br />$
<br />473,775
<br />$
<br />2,152,407
<br />$
<br />182,565
<br />$
<br />1,043,732
<br />$
<br />926,110
<br />57.0%
<br />Self -Insured Funds
<br />REVENUES
<br />Sales and Services
<br />$
<br />(21,119,385)
<br />$
<br />(21,119,385)
<br />$
<br />(8,629,030)
<br />$
<br />-
<br />$
<br />12,490,355
<br />40.9%
<br />Investment Earnings
<br />(70,000)
<br />(70,000)
<br />(217,913)
<br />(147,913)
<br />311.3%
<br />Miscellaneous
<br />(700,000)
<br />(700,000)
<br />(505,907)
<br />194,093
<br />72.3%
<br />Other Finance Sources
<br />(2,513,250)
<br />(2,744,403)
<br />2,744,403
<br />0.0%
<br />Total Self -Insured Funds
<br />$
<br />(24,402,635)
<br />$
<br />(24,633,788)
<br />$
<br />(9,352,850)
<br />$
<br />$
<br />15,280,938
<br />38.0%
<br />EXPENDITURES
<br />Workers Compensation Insurance
<br />$
<br />2,363,223
<br />$
<br />2,362,473
<br />$
<br />473,527
<br />$
<br />$
<br />1,888,946
<br />20.0%
<br />Liability Insurance
<br />2,498,250
<br />2,499,000
<br />1,594,511
<br />904,490
<br />63.8%
<br />Dental Insurance
<br />613,000
<br />613,000
<br />313,144
<br />299,856
<br />51.1%
<br />Hospitalization Insurance
<br />18,928,162
<br />19,159,315
<br />7,803,283
<br />2,340,211
<br />9,015,821
<br />52.9%
<br />Total Self -Insured Funds
<br />$
<br />24,402,635
<br />$
<br />24,633,788
<br />$
<br />10,184,464
<br />$
<br />2,340,211
<br />$
<br />12,109,112
<br />50.8%
<br />Page 295
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