HomeMy WebLinkAbout13-00717 06-24-13 Financial SummarySoutheast Overtown Park West
Community Redevelopment Agency
Financial Summary
May 31, 2013
SEOPW CRA
Combined Statement of Financial Position
May 31, 2013
Assets
Cash - Unrestricted
Cash Allocated For Administration (Agency Administration,
Outside Legal Counsel and State/Federal Lobbyists)
Cash Allocated For Residential Developments/Real Estate
Acquisition/Debt Service
Cash Allocated For Other Redevelopment Expenditures (Job
Creation, Quality of Life and Arts and Culture)
Cash Ailocated For Infrastructure
Cash Allocated For Gibson Park and Indoor Basketball Court
Total Assets
Liabilities and Fund Balance
Account Payables
FY 2012 Fund Balance (Audited)
Current Year Fiscal Year 2013
Total Liabilities and Fund Balance
SEOPW
$250,000
$1, 346,802
$14,954,401
$5,371,271
$3,852,575
$4, 318, 932
$30,093,981
$0
$25,490,841
$4,603,140
$30,093,981
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
May 31, 2013
SOUTHEAST OVERTOWN PARK WEST
FY2013
FY2013
FY2013
APPROVED
AS OF
% of
BUDGET
5/31/2013
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
$6,077,969
$6,077,996
$1
-$27-
CONTRIBUTION GOVTS-COUNTY
$3,709,282
$3,709,255
$1
$27
CHILDREN TRUST FUND CONTRIBUTION
$0
OTHER REVENUES/CARRYOVER FB 2012
$25,656,532
$67,891
$0
$25,588,641
TOTAL REVENUES
$35,443,783
$9,855,142
$0
$25,588,641
EXPENDITURES
COMMUNITY REDEV EXPENSES
$33,920,847
$4,815,259
$0
$29,105,588
GENERAL GOVERNMENT
$1,272,936
$436,743
$0
$836,193
$250,000
BUDGET RESERVE
$250,000
$0
TOTAL EXPENDITURES
$36,443,783
$5,252,002
$0
$30,191,781
REVENUE LESS EXPENDITURES
$4,603,140
1
2