HomeMy WebLinkAbout06-02055 financial summary through month end October 31, 2006SOUTHEAST OVERTOWN PARKWEST AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
FINANCIAL REPORT
OCTOBER 31, 2006
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION - ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
SEOPW CRA and OMNI CRA
Combined Statement of Financial Position
October 31, 2006
Assets
Cash Unrestricted
2 Cash related to Reserves and Other Accounts
Total Assets
Liabilities and Fund Balance
Account Payables
UnAudited Fund Balance - FY 2006
Current Year Fiscal Year 2007
Total Liabilities and Fund Balance
Footnotes:
SEOPW OMNI Total
$ 50,000 $ 100,000 $ 150,000
6,794,268
6,844,268
8,421,002 15,215,270
8,521,002 15,365,270
Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TJF funds
7,057,963 9,954,583 17,012,546
(213,695) (1,433,581) (1,647,276)
$ 6,844,268 $ 8,521,002 $15,365,270
SEOPW OMNI
50,000 100,000
50,000 100,000
2 Cash related to Reserves and Other Accounts
This portion of cash includes reserves and other accounts authorized by the Board for specific purposes. Also,
there is a portion of cash set aside for other community redevelopment/general administrative purposes to
ensure continuity of operations.
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SEOPW CRA and OMNI CRA
Combined Statement of Revenues and Expenditures
for the period ended October 31, 2006
SOUTHEAST OVERTOWN PARK WEST
OMNI
FY 2007
FY 2007
FY 2007
FY 2007
FY 2007
FY 2007
REVISED
AS END
REVISED
AS END
% of
BUDGET
OF OCT
Bridget
Variance
BUDGET
OF OCT
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
2,995,835
0.0%
2,995,835
6,221,593
0.0%
6,221,593
CONTRIBUTION GOVTS-COUNTY
2485,388
0.0%
2,485,388
5,443,893
0.0%
5,443,893
OTHER REVENUESCARRYOVER FB 2006
8,911,500
0.0%
8,911,500
13,370,980
0.0%
13,370,980
TOTAL REVENUES
14,392,723
-
0.0%14,392,723
25,036,466
-
0.0%
25,036,466
EXPENDITURES
COMMUNITY REDEV EXPENSES
10,490,003
213,806
2.0%
10,276,197
20,266,145
1,433,581
7.1%
18,832,564
GENERAL GOVERNMENT
700,000
QO%
700,000
700,000
0.0%
700,000
BUDGET RESERVE
3,202,720
0.0%
3,202,720
4,070,321
4,070,321
TOTAL EXPENDITURES
14,392,723
213,806
1.5%
14,178,917
25,036,466
1,433,581
5.7%
23,602,885
i I
REVENUE LESS EXPENDITURES
(213,806)
(1.433,581)
1_ i
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File: Financial Report - November 27 2006 Agenda.xls 2 11/27/2006