HomeMy WebLinkAbout13-00993 Financial SummarySoutheast Overtown Park West
Community Redevelopment Agency
Financial Summary
August 31, 2013
SEOPW CRA
Combined Statement of Financial Position
August 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 Allocated 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
$1,291,567
$15,412,229
$4,479,692
$2, 820,578
$5,046,877
$29,300,943
$0
$25,490,841
$3,810,102
$29,300,943
SEOPW CRA
Combined Statement of Revenues and Expenditures
for the period ended
August 31, 2013
SOUTHEAST OVERTOWN PARK WEST
FY 2013
FY 2013
FY 2013
APPROVED
AS OF
%of
BUDGET
8/31/2013
Budget
Variance
SUMMARY
REVENUES
TAX INCREMENT REVENUES
$6,077,969
$6,077,996
$1
-$27
CONTRIBUTION GOUTS -COUNTY
$3,709,282
$3,709,255
$1
$27
CHILDREN TRUST FUND CONTRIBUTION
$446,116
-$446,116
OTHER REVENUES/CARRYOVER FB 2012
$25,656,532
$78,012
$0
$25,578,520
I
TOTAL REVENUES
$35,443,783
$10,311,379
$0
$26,132,404
EXPENDITURES
I
COMMUNITY REDEV EXPENSES
$33,920,847
$5,853,216
$0
$28,067,631
GENERAL GOVERNMENT
$1,272,936
$648,061
$1
$624,875
BUDGET RESERVE
$250,000
$0
$250,000
I
TOTAL EXPENDITURES
$35,443,783
$6,501,277
$0
$28,942,506
REVENUE LESS EXPENDITURES
$3,810,102
II
2