HomeMy WebLinkAbout14-00015 Financial SummarySoutheast Overtown Park West
Community Redevelopment Agency
Financial Summary
December 31, 2013
SEOPW CRA
Combined Statement of Financial Position
December 31, 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/Debt Service
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 2013 Fund Balance (Audited)
Current Year Fiscal Year 2014
Total Liabilities and Fund Balance
SEOPW
$240,000
$2,573,521
$27,503,498
$6, 844, 906
$2,895,362
$5,412,592
$45,469,879
$0
$27,960,526
$17,509,353
$45,469,879
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
December 31, 2013
SOUTHEAST OVERTOWN PARK WEST
FY2014
FY2014
FY2014 [ FY2014
APPROVED
AMENDED
AS OF
%of
BUDGET
9/30/2014
Budget
Variance
SUMMARY
REVENUES'
l
TAX INCREMENT REVENUES
$7,543,853
$7,543,852
100%
$1
CONTRIBUTION GOVTS-COUNTY
$4,687,456
$3,955,532
84%
$731,924
CHILDREN`TRUST FUND CONTRIBUTION
0,00%
$0
OTHER REVENUES/CARRYOVER FB 2013
$28,703,530
$6,493,620
22,62%!
$22,209,910
IENUES
TOTAL REV
$40,934,839
$17,993,004
44%
$22,941,835
EXPENDITURES
COMMUNITY REDEV EXPENSES
$39,336,688
$307,204
1%
$39,029,484
GENERAL GOVERNMENT
$1,358,151
$176,447
. 13%
$1,181,704
BUDGET RESERVE
$240,000
0%
$240,000
TOTAL EXPENDITURES
$40,934,839
$483,651
1%
$40,451,188
REVENUE LESS EXPENDITURES
$17,509,353
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