HomeMy WebLinkAbout12-01050 09-24-2012 Financial SummarySEOPW
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
August 31, 2012
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
SEOPW CRA
Combined Statement of Financial Position
August 31, 2012
SEOPW
Assets
Cash - Unrestricted $100,000
Cash Allocated For Administration $1,013,886
Cash Allocated For Residential Developments $14,426,955
Cash Allocated For Other Redevelopment Expenditures (Job $2,963,584
Creation, Quality of Life and Arts and Culture)
Cash Allocated For Real Estate Acquisition $581,500
Cash Allocated For Infrastructure $3,976,825
Cash Allocated For Gibson Park and Indoor Basketball Court $4,443,81D
Total Assets $27,506,560
Liabilities and Fund Balance
Account Payables
Due to FY 2012 Children's Trust Fund Contribution $403,250
Due to General Operating Fund $590,148
FY 2011 Fund Balance (Audited) $24,480,990
Current Year Fiscal Year 2012 $2,032,172
Total Liabilities and Fund Balance $27,506,560
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
August 31, 2012
SOUTHEAST OVERTOWN PARK WEST
FY 2012
FY 2012
FY 2012
AMENDED
APPROVED
AS END
% of
BUDGET
OF August
Budget
Variance
SUMMARY
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REVENUES
1
TAXINCREMENTREVENUES
$4,951,081
$4,951,081
$1
$0
CONTRIBUTION GOVTS-COUNTY
$3,147,216
$3,147,216
$1
$0
CHILDREN TRUST FUND CONTRIBUTION
$0
$0
OTHER REVENUES/CARRYOVER FB 2011
$24,480,990
$460,177
$0
$24,020,813
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TOTAL. REVENUES
$32,579,287
$8,558,474
$0
$24,020,813
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EXPENDITURES
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COMMUNITY REDEV EXPENSES
$31,465,401
$5,936,154
$0
$25,529,247
GENERAL GOVERNMENT
$1,013,886
$590,148
$1
$423,738
BUDGET RESERVE
$100,000
$0
$100,000
TRANSFER INTO FY 2012
TOTAL EXPENDITURES
$32,579,287
$6,526,302
$0
$26,052,985
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REVENUE LESS EXPENDITURES
$2,032,172
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