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7.5. SR 06-04-2007
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7.5. SR 06-04-2007
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1/21/2008 8:36:56 AM
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6/1/2007 12:46:07 PM
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6/4/2007
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CITY OF ELK RIVER, MINNESOTA <br />SPECIAL REVENUE FUND - PINEWOOD GOLF COURSE FUND <br />SCHEDULE OF REVENUES, EXPENDITURES AND <br />CHANGES IN FUND BALANCE - BUDGET AND ACTUAL <br />YEAR ENDED DECEMBER 31, 2006 <br />Budget <br />Variance with <br />OriginalFinalActualFinal Budget <br />REVENUES <br />Charges for service$157,520$(37,980) <br />s <br />$ 195,500$ 195,500 <br />Miscellaneous revenu2,6082,608 <br />e <br /> - - <br /> Total revenues160,128(35,372) <br /> 195,500 195,500 <br />EXPENDITURES <br />Culture and recreation: <br /> Curren245,889(40,539) <br />t <br /> 205,350 205,350 <br /> Capital outlay152,694(152,694) <br /> - - <br />Debt service: <br /> Principal28,969(28,969) <br /> - - <br /> Total expenditures427,552(222,202) <br /> 205,350 205,350 <br />Revenues over (under) expenditures(9,850)(9,850)(267,424)(257,574) <br />OTHER FINANCING SOURCES <br />Transfers i114,730104,880 <br />n <br /> 9,850 9,850 <br />Capital leases152,694 <br /> - - 152,694 <br /> Total other financing sources267,424257,574 <br /> 9,850 9,850 <br />Net increase in fund balance-$- <br />$ - $ - <br />Fund balance - January 1- <br />Fund balance - December 31$- <br />éð <br /> <br />
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