HomeMy WebLinkAbout11-00026 01-24-2011 Financial SummarySEOPW
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
December 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
December 31, 2010
Assets
Cash - Unrestricted'
Cash Reserved For Projects and Operations 2
Total Assets
Liabilities and Fund Balance
Account Payables
FY 2010 Unaudited Fund Balance
Current Year Fiscal Year 2011
Total Liabilities and Fund Balance
SEOPW
100,000
17,758,685
$17,858,685
17,874,043
(15,359)
$ 17,858,685
Footnotes:
i Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TIF funds
2 Cash - Reserved For Projects and Operations
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
December 31, 2010
SOUTHEAST OVERTOWN PARK WEST
FY 2011
FY 2011
FY 2011
APPROVED
AS END
%of
BUDGET
OF Dec
Budget
Variance
SUMMARY
I
REVENUES
TAX INCREMENT REVENUES
6,400,000
0.0%
6,400,000
CONTRIBUTION GOVTS-COUNTY
4,000,000
0.0%
4,000,000
CHILDREN TRUST FUND CONTRIBUTION
-
-
OTHER REVENUES/CARRYOVER FB 2010
23,727,070
523,308
2.2%
23,203,763
I
TOTAL REVENUES
34,127,070
523,308
1.5%
33,603,763
I
EXPENDITURES
I
COMMUNITY REDEV EXPENSES
33,407,070
538,666
1.6%
32,868,404
GENERAL GOVERNMENT
620,000
0.0%
620,000
BUDGET RESERVE
100,000
0.0%
100,000
TRANSFER INTO FY 2011
TOTAL EXPENDITURES
34,127,070
538,666
1.6%
33,588,404
I I
REVENUE LESS EXPENDITURES
(15,359)
I I