HomeMy WebLinkAbout10-01078 Financial Summary 09-20-2010SEOPW
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
August 31, 2010
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
SEOPW CRA
Combined Statement of Financial Position
August 31, 2010
Assets
Cash - Unrestricted 1
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:
SEOPW
100,000
24,733,323
$24,833,323
16,483,835
8,349,488
Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TIF funds
2 Cash - Reserved For Projects and Operations
$ 24,833,323
SEOPW
100,000
$100,000
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.
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
August 31, 2010
SOUTHEAST OVERTOWN PARK WEST
EY 2040`
FY 2010
FY 2010
APPROVEDI.'
AMENDED..
AS END
% of •
UDGET=:
OF August
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
6,270,444
100.0 %
270
CONTRIBUTION GOVTS-COUNTY
3,9
3,955,532
100,0%
CHILDREN TRUST FUND CONTRIBUTION
454 707
454,707
100.0 %
OTHER REVENUES/CARRYOVER FB 2009
1,046,966
6.3%
15, 594, 008
TOTAL REVENUES
2i
927`:
11,727,649
41.6%
15,594,278
EXPENDITURES
COMMUNITY REDEV EXPENSES
3,378,161
12.8%
23, 021, 382
GENERAL GOVERNMENT
84
0.0%
822,384
BUDGET RESERVE
0.0%
100, 000
TRANSFER INTO FY 2010
TOTAL EXPENDITURES
27
21,927`
3,378,161
10.6%
24,427,874
REVENUE LESS EXPENDITURES
8,349,488