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ELK RIVER FIRE DEPARTMENT RELIEF ASSOCIATION, MINNESOTA <br />ELK RIVER, MINNESOTA <br />STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES <br />GOVERNMENTAL FUND <br />YEARS ENDED DECEMBER 31, 2008 AND 2007 <br />REVENUES <br />Donations <br />Fundraising events <br />Other <br />TOTAL REVENUES <br />EXPENDITURES <br />Relief events <br />Fundraising <br />Other <br />TOTAL EXPENDITURES <br />NET CHANGE IN FUND BALANCES <br />FUND BALANCES, JANUARY 1 <br />FUND BALANCES, DECEMBER 31 <br />General Fund <br />2008 2007 <br />$ 4,570 9,013 <br />10,539 9,667 <br />15,197 18,680 <br /> <br />9,351 2,664 <br />6,000 9,381 <br />1,253 30 <br />16,604 12,075 <br /> <br />(1,407) 6,605 <br />6,605 - <br />$ 5,198 $ 6,605 <br />The notes to the fmancial statements are an integral part of this statement. <br />-4- <br />