HomeMy WebLinkAbout11-01109 11-28-11 Financial SummaryOMNI
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
October 31, 2011
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OMNI CRA
Combined Statement of Financial Position
October 31, 2011
Assets
Cash - Unrestricted 1
Cash Reserved For Projects and Operations 2
Total Assets
Liabilities and Fund Balance
Account Payables
Due to General Operating Fund
FY 2011 Fund Balance (Unaudited)
Current Year Fiscal Year 2012
Fund Balance
Total Liabilities and Fund Balance
Footnotes:
OMNI
$120,000
$29, 338,657
$29,458,657
$51,260
$29,407,397
$29,407,397
$29,458,657
Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TIF funds
OMNI
$120,000
$120,000
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
October 31, 2011
OMNI
FY,2i12.
APPROVED
FY 2012
AS END
% of
FY 2012
BUDGET
OF Oct
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
CONTRIBUTION GOVTS-COUNTY
was
$1
$0
$3,142,175
$1, 980, 954
CHILDREN TRUST FUND CONTRIBUTION
OTHER REVENUES/CARRYOVER FB 2011
t3y072;222;
$699,828
$0
$0
$29,372,394
TOTAL REVENUES
$3$,195,351';
$699,828
$0
$34,495,523
EXPENDITURES
COMMUNITY REDEV EXPENSES
GENERAL GOVERNMENT
BUDGET RESERVE
;$34f067,799'
27552
$648,568
$51,260
$0
$0
$0
$33,419,231
$876,292
$200,000
TRANSFER INTO FY 2012
TOTAL EXPENDITURES
5,351,
$699,828
$0
$34,495,523
REVENUE LESS EXPENDITURES
$0
2