| TOWN OF CARY, NORTH CAROLINA | |||||
| PARKS AND RECREATION PROJECT SUB-FUND | |||||
| SCHEDULE OF REVENUES, EXPENDITURES, | |||||
| AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL | |||||
| From Inception To June 30, 2007 | |||||
| Schedule 4 | |||||
| Actual | |||||
| Project | Prior | Current | Total | ||
| Authorization | Years | Year | To Date | ||
| REVENUES | |||||
| Wake County Grant | $298,000 | 250,000 | --- | 250,000 | |
| State and Federal Grants | 5,103,642 | 799,962 | 332,700 | 1,132,662 | |
| Investment Earnings | 94,882 | 94,882 | --- | 94,882 | |
| Reimbursement from Chatham County | 60,000 | --- | --- | --- | |
| Developer Reimbursements | --- | 48,875 | --- | 48,875 | |
| Contributions | 230,474 | 60,049 | 31,614 | 91,663 | |
| TOTAL REVENUES | 5,786,998 | 1,253,768 | 364,314 | 1,618,082 | |
| EXPENDITURES | |||||
| Asset-Related Projects | |||||
| Amberly Trailhead Park | PR1095 | 335,000 | --- | --- | --- |
| Annie Jones Park/Greenway Renovation | PR1031 | 223,380 | 112,260 | --- | 112,260 |
| Aquatics Center | PR1080 | 15,000,000 | --- | --- | --- |
| Bachelor Branch Greenway | PR1032 | 925,300 | 764,703 | 103,378 | 868,081 |
| Bachelor Branch Greenway - Phase 2 | PR1096 | 50,000 | --- | --- | --- |
| Bartley Parcel - Phase 1 | PR1074 | 407,800 | 102,311 | 50,459 | 152,770 |
| Black Creek Greenway - Phase 4 | PR1050 | 3,633,800 | 1,196,288 | 19,148 | 1,215,436 |
| Bond Park FIT Project | PR1114 | 110,000 | --- | --- | --- |
| Bond Park Improvements | PR1049 | 1,501,951 | 1,296,015 | 49,882 | 1,345,897 |
| Cary Tennis Park - Drainage & Lighting | PR1106 | 276,000 | --- | 16,192 | 16,192 |
| Dog Park at Godbold Park | PR1091 | 61,100 | 47,027 | 9,540 | 56,567 |
| East Cary Park - Phase 1 | PR1025 | 543,787 | --- | --- | --- |
| Greenway Land & Open Space | PR1039 | 1,480,300 | 396,089 | 232,184 | 628,273 |
| Hawes Park/School Road | PR1112 | 200,000 | --- | --- | --- |
| Hemlock Bluffs - Exhibits | 8642A | 32,350 | 20,400 | --- | 20,400 |
| Koka
Booth Amphitheatre at Regency Park - FY2004 Improvements |
PR1089 | 280,500 | 269,476 | 8,732 | 278,208 |
| Lexie Lane Park Renovations/Expansion | PR1046 | 54,700 | 2,800 | --- | 2,800 |
| MacDonald
Woods/Pirates Cove Expansion & Renovation |
PR1029 | 669,200 | 481,698 | 128,502 | 610,200 |
| Middle Creek Park - Main Project * | PR1037 | 2,287,505 | --- | 40,587 | 40,587 |
| Morris Branch Greenway Underpass | PR1098 | 520,000 | --- | --- | --- |
| Nancy Branch Greenway Underpass | PR1099 | 520,000 | --- | --- | --- |
| Ritter Park Renovations | PR1060 | 805,500 | 37,934 | 239,348 | 277,282 |
| Sears Farm Rd. Park | PR1034 | 1,876,818 | 1,673,438 | --- | 1,673,438 |
| Site Acquisition - ALL * | PR1022 | 156,481 | --- | 121,211 | 121,211 |
| Speight Branch Greenway - Phase 1 | PR1043 | 896,900 | 746,285 | 17,910 | 764,195 |
| TCAP - Cary Elementary Renovations | PR1109 | 1,100,000 | --- | 41,159 | 41,159 |
| Town Hall Gateway Project | PR1079 | 300,000 | 30,000 | 7,529 | 37,529 |
| Tryon Rd. Crossing | PR1062 | 275,000 | 197,818 | --- | 197,818 |
| Asset-Related Projects (cont'd) | |||||
| Tryon Rd. Park/Greenway | PR1035 | $352,900 | 1,903 | --- | 1,903 |
| US 1/64 Pedestrian Crossing | PR1073 | 1,407,000 | 778,254 | 383,285 | 1,161,539 |
| USA Baseball - Brooks Park | PR1093 | 11,024,691 | 7,003,535 | 4,034,481 | 11,038,016 |
| W Wake Library Greenway Connector * | PR1103 | 26,000 | 26,000 | --- | 26,000 |
| Walnut Creek Greenway | PR1013 | 553,061 | 85,013 | --- | 85,013 |
| Walnut St. Park | PR1084 | 1,674,000 | 40,182 | 77,932 | 118,114 |
| West Cary Park | PR1111 | 200,000 | --- | --- | --- |
| White Oak Greenway - Phases 3 & 4 | PR1057 | 4,209,000 | 1,147,900 | 1,103,761 | 2,251,661 |
| Total Expenditures | 53,970,024 | 16,457,329 | 6,685,220 | 23,142,549 | |
| Less: Completed Projects (noted by *) | (187,798) | (26,000) | (161,798) | (187,798) | |
| Construction-in-Progress | 53,782,226 | 16,431,329 | 6,523,422 | 22,954,751 | |
| Expense Projects | |||||
| American Tobacco Trail | PR1113 | 2,391,960 | --- | --- | --- |
| Facility Renovations | PR1072 | 100,000 | --- | 10,527 | 10,527 |
| Green Level Stream Restoration & Greenway | PR1105 | 280,020 | --- | 82,949 | 82,949 |
| Greenway Resurfacing FY2007 | PR1107 | 187,000 | --- | --- | --- |
| HYCC Renovations | PR1097 | 28,450 | --- | 24,883 | 24,883 |
| Lions Park Renovations | PR1048 | 115,900 | 26,366 | 23,544 | 49,910 |
| Miracle League * | PR1104 | 50,000 | 50,000 | --- | 50,000 |
| Park & Greenway Renovations FY2003 | PR1071 | 246,674 | 54,004 | 43,746 | 97,750 |
| Park & Greenway Renovations FY2004 | PR1086 | 60,900 | 13,559 | 2,295 | 15,854 |
| Park & Greenway Renovations FY2006 | PR1100 | 81,400 | 37,382 | 1,399 | 38,781 |
| SAS Soccer Park FY2007 | PR1108 | 241,500 | --- | 117,288 | 117,288 |
| Tennis Court Renovations FY2003 | PR1076 | 27,700 | --- | 27,250 | 27,250 |
| Tennis Court Renovations FY2004 | PR1088 | 84,200 | 64,661 | 5,600 | 70,261 |
| Tennis Court Renovations FY2007 * | PR1110 | 58,000 | --- | 58,000 | 58,000 |
| Town Center Facility/Property Study | PR1092 | 150,000 | 141,389 | 1,367 | 142,756 |
| W Cary Stream Restoration & Greenway | PR1102 | 282,700 | 104,414 | 159,221 | 263,635 |
| Total Expenditures | 4,386,404 | 491,775 | 558,069 | 1,049,844 | |
| Less: Completed Projects (noted by *) | (108,000) | (50,000) | (58,000) | (108,000) | |
| Other Projects-in-Progress | 4,278,404 | 441,775 | 500,069 | 941,844 | |
| TOTAL EXPENDITURES | 58,356,428 | 16,949,104 | 7,243,289 | 24,192,393 | |
| Total Completed Projects | (295,798) | (76,000) | (219,798) | (295,798) | |
| TOTAL PROJECTS IN PROGRESS | 58,060,630 | 16,873,104 | 7,023,491 | 23,896,595 | |
| Revenues Under Expenditures | ($52,273,632) | (15,619,336) | (6,659,177) | (22,278,513) | |
| OTHER FINANCING SOURCES | |||||
| General Obligation Bonds Issued | $5,959,416 | 1,593,169 | 2,015,290 | 3,608,459 | |
| Transfers In, net | |||||
| General Fund | 35,994,657 | 25,960,400 | 10,096,458 | 36,056,858 | |
| Capital Reserve Sub-Fund | 10,564,003 | 7,744,504 | 2,819,500 | 10,564,004 | |
| Capital Reserve Sub-Fund - | |||||
| General Obligation Bonds Issued | 51,353 | 51,353 | --- | 51,353 | |
| Sub-Total | 52,569,429 | 35,349,426 | 14,931,248 | 50,280,674 | |
| Less: Completed Projects | (295,797) | (197,211) | (98,587) | (295,798) | |
| TOTAL OTHER FINANCING SOURCES | 52,273,632 | 35,152,215 | 14,832,661 | 49,984,876 | |
| Increase | 19,532,879 | 8,173,484 | 27,706,363 | ||
| Adjustment for closed projects | --- | 121,211 | (121,211) | --- | |
| FUND BALANCE | $ --- | 19,654,090 | 8,052,273 | 27,706,363 | |