HomeMy WebLinkAbout12-00799 07-26-2012 BackupOMNI
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
June 30, 2012
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
OMNI CRA
Combined Statement of Financial Position
June 30, 2012
Assets
Cash - Unrestricted •
Cash Allocated For Administration
Cash Allocated for Infrastructure
Cash Allocated For Other Redevelopment Expenditures (Job
Creation, Quality of Life,Operations and Arts and Culture)
Total Assets
Liabilities and Fund Balance
Account Payables
Due to General Operating Fund
FY 2011 Fund Balance (Audited).
Current Year Fiscal Year 2012
Fund Balance
OMNI
$100, 000
$1,033,174
$18,031,201
$1,965,252
$21,129,627
$473,672
$28,651,081
(7,995,126)
$20,655,955
Total Liabilities and Fund Balance $21,129,627
OMNI CRA
Combined Statement of Revenues and Expenditures
for the period ended
June 30, 2012
OMNI
FY 2012
FY 2012
FY 2012
APPROVED
AS END
% of
BUDGET
OF June
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
$2,764,458
$2,764,458
$1
$0
CONTRIBUTION GOVTS-COUNTY
$1,760,167
$1,760,167
$1
$0
CHILDREN TRUST FUND CONTRIBUTION
$0
OTHER REVENUES/CARRYOVER FB 2011
$28,651,081
$28,403
$0
$28,622,678
TOTAL REVENUES
$33,175,706
$4,553,028
$0
$28,622,678
EXPENDITURES
COMMUNITY REDEV EXPENSES
$32,042,532
$12,074,482
$0
$19,968,050
GENERAL GOVERNMENT
$1,033,174
$473,672
$0
$569,502
BUDGET RESERVE
$100,000
$0
$100,000
TRANSFER INTO FY 2012
TOTAL EXPENDITURES
$33,175,706
$12,548,154
$0
$20,627,552
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REVENUE LESS EXPENDITURES
-$7,995,126
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