HomeMy WebLinkAbout11-00948 10-24-2011 Financial SummarySEOPW
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
September 30, 2011
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
SEOPW CRA
Combined Statement of Financial Position
September 30, 2011
Assets
Cash - Unrestricted1
Cash Reserved For Projects and Operations 2
Total Assets
Liabilities and Fund Balance
Account Payables
Due to General Operating Fund
FY 2010 Audited Fund Balance
Current Year Fiscal Year 2011
Total Liabilities and Fund Balance
Footnotes:
SEOPW
$120,000
$25,456,715
$25,576,715
$600,000
$17, 865, 766
$7,110,949
1 Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TIF funds
2 Cash - Reserved For Projects and Operations
$25,576,715
SEOPW
$120,000
$120,000
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.
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
September 30, 2011
SOUTHEAST OVERTOWN PARK WEST
=FY20?
FY 2011
FY 2011
!ROVED _:
AS END
% of
BUDGET
OF Sept
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
$6,845,971
$1
$0
CONTRIBUTION GOVTS-COUNTY
$4,865,405
$1
$0
CHILDREN TRUST FUND CONTRIBUTION
$465,702
-$465,702
OTHER REVENUES/CARRYOVER FB 2010
$68,740
so
$17,797,026
TOTAL REVENUES
101
$12,245,818
so
$17,331,324
EXPENDITURES
COMMUNITY REDEV EXPENSES
$4,534,869
$0
$24,322,273
GENERAL GOVERNMENT
01
$600,000
$1
$0
BUDGET RESERVE
000
$0
$120,000
TRANSFER INTO FY 2011
TOTAL EXPENDITURES
$5,134,869
$0
$24,427,874
REVENUE LESS EXPENDITURES
$7,110,949