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HomeMy WebLinkAbout11-00449 05-31-2011 - Financial SummarySEOPW COMMUNITY REDEVELOPMENT AGENCY FINANCIAL REPORT April 30, 2011 ATTACHMENTS 1. COMBINED STATEMENT OF FINANCIAL POSITION - ALL FUNDS 2. COMBINED STATEMENT OF REVENUES AND EXPENDITURES SEOPW CRA Combined Statement of Financial Position April 30, 2011 Assets Cash - Unrestricted' Cash Reserved For Projects and Operations 2 Total Assets Liabilities and Fund Balance Account Payables Due to General Operating Fund FY 2010 Audited Fund Balance Current Year Fiscal Year 2011 Total Liabilities and Fund Balance Footnotes: SEOPW 5120,000 $28.773,219 $28.893,219 5402,957 $17,865,766 $10,624,496 $28,893,219 1 Cash - Unrestricted This represents unspent income carried forward from year to year Available TIF funds 2 Cash - Reserved For Projects and Operations SEOPW 5120.000 $120,000 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 April 30, 2011 SOUTHEAST OVERTOWN PARK WEST FY2011 FY2011 FY2011 APPROVED AS ENO 1 of - BUDGET OF Apr Budget Variance SUMMARY REVENUES TAX INCREMENT REVENUES S6 645.971 S6.645.971 $1 SO CONTRIBUTION GOVTS-COUNTY 54.865,405 S4.665.405 51 SO CHILDREN 1-RUSr FUND CONTRIBUTION 50 S465.702 -5465,702 OTHER REVENUES CARRYOVER FB 2010 S17.885.780 S30,912 SO S17,834.854 I TOTAL REVENUES 529,577,142 $12,207,990 50 517,369,152 I EXPENDITURES I COMMUNITY REDEV EXPENSES S28,857.142 S1.180.537 SO 527,678,605 GENERAL GOVERNMENT S600,000 5402.957 51 5197,043 BUDGET RESERVE 5120,000 S4 5120.000 TRANSFER INTO FY 2011 TOTAL EXPENDITURES S29,577,142 51,583,494 $0 524,427,874 f I REVENUE LESS EXPENDITURES 510,824,498 I T