HomeMy WebLinkAbout10-01410 12-16-2010 Financial SummaryOMNI
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
November 30, 2010
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OMNI CRA
Combined Statement of Financial Position
November 30, 2010
Assets
Cash - Unrestricted'
Cash Reserved For Projects and Operations 2
Total Assets
Liabilities and Fund Balance
Account Payables
Unaudited Fund Balance FY 2010
Current Year Fiscal Year 2011
Total Liabilities and Fund Balance
OM NI
100,000
34,136,660
$34,236,660
4,962,360
29,439,137
(164,837)
$34,236,660
Footnotes:
Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TIF funds
OM NI
100,000
$100,000
2 Cash - Reserved For Projects and Operations
This portion of cash includes reserves authorized by the Board for specific uses.
These include specific projects and general administrative expenses to ensure
continuity of operations.
OMNI CRA
Combined Statement of Revenues and Expenditures
for the period ended
November 30, 2010
OMNI
FY 2011
FY 2011
FY 2011
APPROVED
AS END
% of
BUDGET
Of Nov
Budget
Variance
SUMMARY
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REVENUES
TAX INCREMENT REVENUES
5,800,000
0.0%
5,800,000
CONTRIBUTION GOVTS-COUNTY
3,700,000
0.0%
3,700,000
CHILDREN TRUST FUND CONTRIBUTION
-
OTHER REVENUES/CARRYOVER FB 2010
35,547,424
10,463
0.0%
35,536,961
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TOTAL REVENUES
45,047,424
10,463
0.0%
45,036,961
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EXPENDITURES
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COMMUNITY REDEV EXPENSES
44,327,424
175,300
0.4%
44,152,124
GENERAL GOVERNMENT
620,000
0.0%
620,000
BUDGET RESERVE
100,000
0.0%
100,000
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TOTAL EXPENDITURES
45,047,424
175,300
0.4%
44,872,124
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REVENUE LESS EXPENDITURES
(164,837)
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