Loading...
HomeMy WebLinkAbout12-00162 02-27-12 BackupSEOPW COMMUNITY REDEVELOPMENT AGENCY FINANCIAL REPORT January 31, 2012 ATTACHMENTS 1. COMBINED STATEMENT OF FINANCIAL POSITION 2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES 3. DETAILED CASH RESERVED FOR PROJECTS AND OPERATIONS SEOPW CRA Combined Statement of Financial Position January 31, 2012 Assets Cash - Unrestricted Cash Allocated For Adrninistration Cash Allocated for Operations Cash Allocated For Residential Developments Cash Allocated For Camillus House Grant Cash Allocated For Other Redevelopment Expenditures (Job Creation, Quality of Life and Arts and Culture) Cash Allocated For Real Estate Acquisition Cash Allocated For Contribution to the Children's Trust Fund Cash Allocated For Infrastructure Cash Allocated For Park and Open Spaces Total Assets Liabilities and Fund Balance Account Payables Due to FY 2011 Children's Trust Fund Contribution Due to General Operating Fund FY 2011 Fund Balance (Audited) Current Year Fiscal Year 2012 Total Liabilities and Fund Balance SEOFW $100, 000 $1,013,886 $723, 576 $13,178,707 $2,000,000 $3,781,542 $600,000 $465,702 $5, 082,683 $5,239,970 $32,186, 066 $465,702 $212,521 $24,480,990 $7,026,853 $32,186,066 1 SEOPW CRA Combined Statement of Revenues and Expenditures for the period ended January 31, 2012 SOUTHEAST OVERTOWN PARK WEST - - FY 2012 FY 2012 FY 2012 APPROVED AS END % of BUDGET OF Jan Budget Variance SUMMARY 1 REVENUES TAX INCREMENT REVENUES $5,188,446 $4,951,081 $1 $237,365 CONTRIBUTION GOVTS-COUNTY $3,271,006 $3,147,216 $1 $123,794 CHILDREN TRUST FUND CONTRIBUTION $0 $0 $25,350,728 OTHER REVENUES/CARRYOVER Fri 2011 $25,387,764 517,036 $0 TOTAL REVENUES $33,827,216 $8,115,333 $01 $25,711,883 EXPENDITURES I 1 COMMUNITY REDEV EXPENSES $32,626,250 $875,958 $❑ $31,750,300 GENERAL GOVERNMENT S1,000,958 $212,521 $0 $788,487 BUDGET RESERVE $200,000 $0 $200,000 TRANSFER INTO FY 2012 TOTAL EXPENDITURES $33,827,216 $1,088,479 $0 532,738,737 1 i I REVENUE LESS EXPENDITURES $7,026,853 1 1 2