|
CITY OF ELK RIVER,MINNESOTA
<br /> SPECIAL REVENUE FUND-ICE ARENA FUND
<br /> SCHEDULE OF REVENUES,EXPENDITURES AND
<br /> CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
<br /> FOR THE YEAR ENDED DECEMBER 31,2013
<br /> Budget Variance with
<br /> Original Final Actual Final Budget
<br /> REVENUES
<br /> Charges for services $ 741,400 $ 741,400 $ 748,496 $ 7,096
<br /> Interest income - - 2,079 2,079
<br /> Miscellaneous revenue:
<br /> Vending machines 11,800 11,800 11,569 (231)
<br /> Contributions 7,300 7,300 6,569 (731)
<br /> Other 3,050 3,050 2,706 (344)
<br /> Total revenues 763,550 763,550 771,419 7,869
<br /> EXPENDITURES
<br /> Culture and recreation:
<br /> Current 632,700 632,700 620,097 12,603
<br /> Capital outlay 357,300 357,300 76,168 281,132
<br /> Total expenditures 990,000 990,000 696,265 293,735
<br /> Excess(deficiency)of revenues
<br /> over expenditures (226,450) (226,450) 75,154 301,604
<br /> OTHER FINANCING SOURCES
<br /> Transfers in 45,500 45,500 - (45,500)
<br /> Net change in fund balance $(180,950) $(180,950) 75,154 $ 256,104
<br /> Fund balance-January 1 169,970
<br /> Fund balance-December 31 $ 245,124
<br /> 71
<br />
|