HomeMy WebLinkAbout11-00408 04-26-12 Financial SummaryOMNI
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
March .3.1, 2012
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OMNI CRA
Combined Statement of Financial Position
March 31, 2012
Assets
Cash - Unrestricted
Cash. Allocated For Administration
Cash Allocated For Operations
Cash Allocated for Infrastructure
Cash Allocated For Other Redevelopment Expenditures (Job
Creation, Quality of Life and Arts and Culture)
Total Assets
Liabilities.and Fund Balance
Account Payablles
Due' to General Operating Fund
FY 2011 Fund Balance (Audited)
Current Year Fiscal Year 2012
Fund Balance
OMNI
$100,000
$1,033,174
$171,921
$18,984,112
$2,133,829
$22,423,036
$305,158
$28,651,081
(6,533,203)
$22,117, 878
Total Liabilities and Fund Balance $22,423,036
OMNI CRA.
Combined .Statement of Revenues and Expenditures
for the period ended
March 31, 2012
OMNI
FY 2012
FY 2012
FY 2012
APPROVED
AS END
% of
AMENDED
BUDGET
OF Mar
.Budget
.Varlance
SUMMARY
:REVENUES
TAX INCREMENT REVENUES
$2,764,458
$2,764,458,
.$1
$0
CONTRIBUTION GOUTS -COUNTY
$1,760,167
$1,760,167
.$1
$0
CHILDREN T.RUSTFUND CONTRIBUTION
$0
OTHER REVENUES/CARRYOVER FB2011
$28,651,081
$3,381
$0
$28;647.,700
'TOTAL REVENUES
$33;175,706
$4;528006
$0
$28,647;700
EXPENDITURES `
COMMUNITY'REDEV'EXPENSES
$32;042.,532
$10;756,050
$0
$21,286,482
GENERAL GOVERNMENT
$1,033,174
$.305,158
$0
$728,016
BUDGETRESERVE
$100,000
40,.
$100,000
TRANSFER INTO FY 2012
TOTAL EXPENDITURES
$33;175;706
$11;081,208,
$0
$22;,11'098
I I
REVENUE LESS EXPENDITURES
-$6;533;203
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