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The 2014 General fund operations are summarized as follows: <br />Revenues <br />Expenditures <br />Deficiency of revenues under expenditures <br />Other financing sources (uses) <br />Transfers in <br />Transfers out <br />Total other financing sources (uses) <br />Net change in fund balances <br />Fund balances, January 1 <br />Fund balances, December 31 <br />Final <br />Budgeted <br />Amounts <br />Actual <br />Amounts <br />Variance with <br />Final Budget <br />$ 11,298,350 $ 11,358,546 $ 60,196 <br />12,621,850 12,574,565 47,285 <br />(1,323,500) (1,216,019) 107,481 <br />1,625,550 1,625,550 - <br />(302,050) (300,219) 1,831 <br />1,323,500 1,325,331 1,831 <br />- 109,312 109,312 <br />6,054,290 6,054,290 - <br />$ 6,054,290 $ 6,163,602 $ 109,312 <br />The City amended the General fund budget during the year. The amendment resulted in an increase of revenues ($53,400) and <br />expenditures ($53,400). The final budget called for a net zero change in fund balance. Actual change in fund balance was an <br />increase of $109,312. Overall actual results were very close to final budgeted amounts with both revenues and expenditures have <br />a total variance of less than 1 percent. <br />Some of the line items with significant variances are highlighted below: <br />• The largest expenditure variances were within public safety and public works. Public safety was under budget by <br />$111,228 and public works was over budget by $90,910. <br />511 <br />People <br />� F 7� i"'n!'PQQ <br />"O <br />Beyondthe <br />Numbers <br />