HomeMy WebLinkAbout12-00303 03-29-12 Financial SummarySEOPW
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
February 29, 2012
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
SEOPW CRA
Combined Statement of Financial Position
February 29, 2012
Assets
Cash - Unrestricted
Cash Allocated For Administration
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 Gibson Park and Indoor Basketball Court
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
SEOPW
$100,000
$760,930
$236, 537
$14,426,955
$2, 000, 000
$4,193,951
$600,000
$465,702
$3,868,725
$5,049,971
$31,702,771
$465,702
$252,956
$24,480,990
$6,503,123
$31,702,771
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
February 29, 2012
SOUTHEAST OVERTOWN PARK WEST
FY 2012
FY 2012
FY 2012
APPROVED
AS END
"/ of
BUDGET
OF Feb
Budget
Variance
SUMMARY
I
REVENUES
TAX INCREMENT REVENUES
$5,188,446
$4,951,081
$1
$237,365
CONTRIBUTION GOVTS-COUNTY
$3,271,006
$3,147,216
$1
$123,790
CHILDREN TRUST FUND CONTRIBUTION
$0
$0
OTHER REVENUES/CARRYOVER FB 2011
$25,367,764
$18,486
$0
$25,349,278
I
TOTAL REVENUES
$33,827,216
$8,116,783
$0
$25,710,433
I
EXPENDITURES
COMMUNITY REDEV EXPENSES
$32,626,258
$1,360,704
$0
$31,265,554
GENERAL GOVERNMENT
$1,000,958
$252,956
$0
$748,002
BUDGET RESERVE
$200,000
$0
$200,000
TRANSFER INTO FY 2012
TOTAL EXPENDITURES
$33,827,216
$1,613,660
$0
$32,213,556
I I
REVENUE LESS EXPENDITURES
$6,503,123