HomeMy WebLinkAbout06-02208 Financial Summary Through Month end Nov.30. 2006SOUTHEAST OVERTOWN PARKWEST AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
FINANCIAL REPORT
NOVEMBER 30, 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
November 30, 2006
SEOPW OMNI Total
Assets
1 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:
1 Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TIF funds
$ 50,000 $ 100,000 $ 150,000
6,718,592 8,184,447 14,903,039
6,768,592 8,284,447 15,053,039
6,934,714 8,307,783 15,242,497
(166,122) (23,336) (189,458)
$ 6,768,592 $ 8,284,447 $15,053,039
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.
1
SEOPW CRA and OMNI CRA
Combined Statement of Revenues and Expenditures
for the period ended November 30, 2006
SOUTHEAST OVERTOWN PARK WEST
OMNI
FY 2007
FY 2007
FY 2007
FY 2007
FY 2007
FY 2007
REVISED
AS END
%of
REVISED
AS END
%of
BUDGET
OF NOV
Budget
Variance
BUDGET
OF NOV
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
2,485,388
0.0%
2,485,388
5,443,893
0.0%
5,443,893
OTHER REVENUESICARRYOVER 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
166.122
1.6%
10,323,881
20,266,145
23,336
0.1%
20,242,809
GENERAL GOVERNMENT
700,000
0.0%
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
166,122
1.2%
14,226,601
25,036,466
23,336
0.1%
25,013,130
REVENUE LESS EXPENDITURES
066,122)
(23,336)
File: Financial Report - December 18 2006 Agenda.xls 2 12/7/2006