HomeMy WebLinkAbout13-00601 May 28, 2013 Financial SummarySoutheast Overtown Park West
Community Redevelopment Agency
Financial Summary
April 30, 2013
SEOPW CRA
Combined Statement of Financial Position
April 30, 2013
Assets
Cash - Unrestricted
Cash Allocated For Administration (Agency Administration,
Outside Legal Counsel and State/Federal Lobbyists)
Cash Allocated For Residential Developments/Real Estate
Acquisition
Cash Allocated For Future Debt Service Relating to the
Residential Developments
Cash Allocated For Other Redevelopment Expenditures (Job
Creation, Quality of Life and Arts and Culture)
Cash Allocated For Infrastructure
Cash Allocated For Gibson Park and Indoor Basketball Court
Total Assets
Liabilities and Fund Balance
Account Payables
FY 2012 Fund Balance (Audited)
Current Year Fiscal Year 2013
Total Liabilities and Fund Balance
SEOPW
$250, 000
$1,429,131
$10,240,132
$4,714,269
$5,440, 393
$3, 653,355
$4,319,275
$30;246,556
$0
$25,490,841
$4,755,715
$30, 246, 556
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
April 30, 2013
SOUTHEAST OVERTOWN PARK WEST
FY2013
FY2013
FY2013
APPROVED
AS OF
% of
BUDGET
4/3012013
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
$6,077,969
$6,077,996
$1
-$27
CONTRIBUTION GOVTS-COUNTY
$3,709,282
$3,709,255
$1
$27
CHILDREN TRUST FUND CONTRIBUTION
$0
OTHER REVENUES/CARRYOVER FB 2012
$25,656,532
$95,307
$Or
$25,561,225
1
TOTAL REVENUES
$35,443,783
$9,882,558
$0
$25,561,225
EXPENDITURES
1'
COMMUNITY REDEV EXPENSES
$33)920,847
$4,750,074
$0
$29,170,773
$896,167
GENERAL GOVERNMENT
$1,272,936
$376,769
$0
BUDGET RESERVE
$250,000
$0
$250,000
TOTAL EXPENDITURES
$35,443,783
$5,126,843
$0
$30,316,940
1
REVENUE LESS EXPENDITURES
$4,755,715
2