HomeMy WebLinkAbout10-00863 Financial Summary 07-22-2010ONENI
COM`IUNIT\ REDEVELOPMENT AGENCY
FINANCIAL REPORT
June 30, 2010
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OMNI CRA
Combined Statement of Financial Position
June 30, 2010
Assets
Cash - Unrestricted'
Cash Reserved For Projects and Operations 2
Total Assets
Liabilities and Fund Balance
Account Payables
Audited Fund Balance FY 2009
Current Year Fiscal Year 2010
Total Liabilities and Fund Balance
Footnotes:
OMNI
S 100,000
36,188,871
36.288,871
1 Cash - Unrestricted
This represents unspent income carried forward from year to year
Available TIF funds
30,482,017
5,806,854
8 36,288,871
OMNI
100,000
100,000
2 Cash - Reserved For Projects and Operations
This portion of cash includes reserves authorized by the Board for specific uses.
These include specific projects and general administrative expenses to ensure
continuity of operations.
OMNI CRA
Combined Statement of Revenues and Expenditures
for the period ended
June 30, 2010
OMNI
FY 2010
FY 2010
FY 2010
APPROVED/
AMENDED
AS END
%of
BUDGET
OF June
Budget
Variance
SUMMARY
f
REVENUES
TAX INCREMENT REVENUES
8.238.547
8.2313.547
1C0.G".'
-
CONTRIBUTION GOVTS-COUNTY
5.195.407
5,195,407
1C0.0
-
CHILDREN TRUST FUND CONTRIBUTION
667,028
667.028
110.0".ro
-
OTHER REVENUES+CARRYOVER FB 2009
29.914,989
51.856
0.2%
29.863,133
TOTAL REVENUES
44,015,9711
14,152,838
32.2%
29,863,133
I
EXPENDITURES
COMMUNITY REDEV EXPENSES
43.199,571
8,345.984
19.3%
34,853.587
GENERAL GOVERNMENT
716,400
0.0%
716,400
BUDGET RESERVE
100,000
100.00C
TRANSFER INTO FY 2010
TOTAL EXPENDITURES
44,015,9111
3,345,984
19.0%
35,669,987
I
REVENUE LESS EXPENDITURES
5,806.854
2 7/1212010