HomeMy WebLinkAbout11-00181 02-28-2011 Financial SummarySEOPW
COMMUNITY REDEVELOPMENT AGENCY
FINANCIAL REPORT
January 31, 2011
ATTACHMENTS
1. COMBINED STATEMENT OF FINANCIAL POSITION — ALL FUNDS
2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES
SEOPW CRA
Combined Statement of Financial Position
January 31, 2011
Assets
Cash - Unrestricted I
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
Footnotes:
SEOPW
100,000
29,420,814
$29,520,814
17, 865, 766
11,655, 048
$ 29,520,814
Cash - Unrestricted
This represents unspent income carried forward from year to year.
Available TEF funds
2 Cash - Reserved For Projects and Operations
SEOPW
- _ _100,D00
$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
January 31, 2011
SOUTHEAST OVERTOWN PARK WEST
201:1::::.
FY 2011
FY 2011
APPROVED.:
AS END
% of
UPGET
OF Jan
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
CONTRIBUTION GOVTS-COUNTY
CHILDREN TRUST FUND CONTRIBUTION
400000:.;
4,000,000
6,845,971
4,865,405
107.0%
121.6%
(445,971)
(865,405)
OTHER REVENUES/CARRYOVER FB 2010
23 727
15,847
0.1%
23,711,223
TOTAL REVENUES
1
127I070;°'
11,727,223
41.6%
22,399,847
EXPENDITURES
COMMUNITY REDEV EXPENSES
3 407.; 0.70
72,175
0.2%
33,334,895
GENERAL GOVERNMENT
620,'000
0.0%
620,000
BUDGET RESERVE
19 006
0.0%
100,000
TRANSFER INTO FY 2011
TOTAL EXPENDITURES
I I
REVENUE LESS EXPENDITURES
;12707A
72,175
10.6%
24,427,874
11,655,048