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HomeMy WebLinkAbout12-00593 05-29-12 Financial SummarySEOPW COMMUNITY REDEVELOPMENT AGENCY FINANCIAL REPORT April 30, 2012 ATTACHMENTS 1. COMBINED STATEMENT OF FINANCIAL POSITION 2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES SEOPW CRA Combined Statement of Financial Position April 30, 2012 Assets Cash - Unrestricted Cash Allocated For Cash Allocated For Cash Allocated For Cash Allocated For Creation, Quality of Cash Allocated For Cash Allocated For Cash Allocated For Cash Allocated For Total Assets Administration Residential Developments Camillus House Grant Other Redevelopment Expenditures (Job Life and Arts and Culture) Real Estate Acquisition Contribution to the Children's Trust Fund Infrastructure Gibson Park and Indoor Basketball Court 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 $1,013,886 $14,426,955 $2,000,000 $3,824,618 $506,500 $465,702 $3,836,380 $5,044,952 $31,218,993 $465,702 $367,079 $24,480,990 $5,905,222 $31,218,993 SEOPW CRA Combined Statement of Revenues and Expenditures for the period ended April 30, 2012 SOUTHEAST OVERTOWN PARK WEST FY2012 FY2012 FY2012 AMENDED APPROVED AS END % of BUDGET OF Apr Budget Variance SUMMARY I REVENUES TAX INCREMENT REVENUES $4,951,081 $4,951,081 $1 $0 CONTRIBUTION GOUTS -COUNTY $3,147,216 $3,147,216 $1 $0 CHILDREN TRUST FUND CONTRIBUTION $0 $0 OTHER REVENUES/CARRYOVER FB 2011 $24,480,990 $43,098 $0 $24,437,892 TOTAL REVENUES $32,579,287 $8,141,395 $0 $24,437,892 I EXPENDITURES I COMMUNITY REDEV EXPENSES $31,465,401 $1,869,094 $0 $29,596,307 GENERAL GOVERNMENT $1,013,886 $367,079 $0 $646,807 BUDGET RESERVE $100,000 $0 $100,000 TRANSFER INTO FY 2012 TOTAL EXPENDITURES $32,579,287 $2,236,173 $0 $30,343,114 I I REVENUE LESS EXPENDITURES $5,905,222 I I