TOWN OF CARY, NORTH CAROLINA
STREET PROJECT SUB-FUND
SCHEDULE OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL
From Inception To June 30, 2005
Schedule 3
			Actual
	Project	Prior	Current	Total
	Authorization	Years	Year	To Date
REVENUES
NC DOT Reimbursement	$1,843,201	---	---	---
State and Federal Grants	5,782,912	2,389,325	875,893	3,265,218
Investment Earnings	396,055	539,671	243,961	783,632
Miscellaneous	44,585	44,906	---	44,906
Developer Reimbursements (Paid by Developers)	1,402,279	231,985	659,354	891,340
Subtotal	9,469,032	3,205,887	1,779,208	4,985,095
Less:  Completed Projects	(95,000)	(95,000)	---	(95,000)
TOTAL REVENUES	9,374,032	3,110,887	1,779,208	4,890,095
EXPENDITURES
Asset-Related Projects
Annual Sidewalk Improvements FY2005	200,000	---	---	---
Bicycle Facilities Implementation FY2005	40,000	---	45	45
Cary High School Pedestrian Improvements	70,000	---	---	---
Davis Drive North - Morrisville/Carpenter	4,850,000	5,673	1,048,286	1,053,959
Demand Responsive Transit Service Program	80,000	---	---	---
Fiber Optic Traffic Signal System	11,381,187	3,774,080	3,963,272	7,737,352
Glade Park Drive Extension	122,662	72,645	(72,645)	---
Lakepoint Village Road Improvements  *	150,000	44,140	76,264	120,404
Louis Stephens Drive Extension	2,900,000	780,144	148,647	928,791
MacGregor Bridges Rehabilitation  *	850,000	679,251	123,149	802,400
Morrisville Pkwy Extension - Ph I	3,270,000	742,987	479,961	1,222,948
Morrisville Pkwy Extension - Ph II	2,600,000	---	---	---
Morrisville Pkwy Extension - Ph III	3,100,000	25,634	70,539	96,173
North Harrison Sidewalks	445,000	52,108	---	52,108
NW Area Plan Right-of-Way	500,000	---	---	---
Old Apex/Cary Pkwy Intersection	250,000	55,998	4,983	60,981
Playford Lane	320,000	---	103,704	103,704
Regency Pkwy Turn Lane	600,000	---	8,341	8,341
Stonewater - Gas Line Relocation	95,410	---	---	---
TCAP - Downtown Roundabouts (Chatham      and Academy)	250,000	---	2,744	2,744
Traffic Signalization FY1999  *	517,500	405,754	---	405,754
Traffic Signalization FY2000	552,093	239,334	33,171	272,504
Traffic Signalization FY2001	927,500	246,442	229	246,671
Traffic Signalization FY2003	250,000	---	---	---
Traffic Signalization FY2005	200,000	---	1,384	1,384
Total Expenditures	34,521,352	7,124,189	5,992,072	13,116,261
Less:  Completed Projects (noted by *)	(1,517,500)	(1,129,145)	(199,412)	(1,328,557)
Construction-in-Progress	33,003,852	5,995,044	5,792,660	11,787,704
Expense Projects
Bridge/Culvert Repair FY2003	$60,106	---	---	---
Carpenter Fire Station Road Widening	822,000	---	---	---
Castalia Drive Traffic Calming	70,000	---	---	---
Chapel Hill Road Widening - Phase 1	2,275,000	31,617	313,308	344,925
CSX Alternative Mode	100,000	---	---	---
CSX Rail Platform	180,000	39	27	66
Davis Drive Widening	17,092,088	5,695,055	5,989,666	11,684,721
Evans Road Widening	3,355,000	277,352	60,917	338,269
High House Road Widening	6,195,000	400,006	703,726	1,103,732
Holly Springs Road Widening	344,000	307,475	32,608	340,084
Jenks/Carpenter/High House Intersection      Realignment	550,000	77,663	12,818	90,480
Kildaire Farm Road Widening	7,776,201	596,153	142,589	738,743
Kildaire Farm / Woodhaven Church	220,000	24,025	95,433	119,458
Maynard Widening - Kildaire Farm/Seabrook	4,170,000	3,748,013	61,682	3,809,696
Maynard Widening - Kildaire Farm/W. Chatham	6,000,000	437,928	130,852	568,780
McCrimmon Pkwy Road Improvments	7,069,338	1,339,338	760,070	2,099,408
Median Closure - Parkway Point	10,000	---	---	---
NE Maynard @ Chapel Hill Road - Dual Turn	250,000	---	---	---
NW Maynard Road - Eastside Widening  *	800,000	309,699	256,408	566,106
NW Maynard Road Widening  *	4,548,500	4,449,929	(17,449)	4,432,481
Pavement Marking - Bicycle Lane	75,000	3,288	1,200	4,488
Pavement Rehabilitation FY2003	2,600,000	1,238,952	816,747	2,055,699
Piney Plains Road Widening	---	1,075,298	(1,075,298)	---
Sidewalk Improvements - Bond Project  *	1,500,000	581,254	192,690	773,944
Sidewalk Improvements FY2001	820,180	83,150	2,712	85,862
Sidewalk Improvements FY2002	541,085	45	---	45
Sidewalk Improvements FY2003	750,000	---	8,204	8,204
Sidewalk Improvements FY2004	500,000	---	---	---
Street Improvements FY2002	975,000	227,403	29,382	256,786
Street Improvements FY2003  *	1,400,000	1,381,718	---	1,381,718
Street Improvements FY2004  *	470,000	---	294,246	294,246
Street Improvements FY2005	500,000	---	1,525	1,525
Street Lights FY2003	68,500	36,839	---	36,839
Thoroughfare Street Lights	100,000	---	16,330	16,330
Traffic Calming FY2003	370,000	220,586	15,808	236,394
Trinity Road Widening & Extension	2,400,000	189,870	46,174	236,044
Tryon Road Widening & Piney Plains  - Phase I	12,558,000	1,203,379	5,574,520	6,777,899
Expense Projects (cont.):
Tryon Road Widening - Phase II	$76,573	38,447	38,126	76,573
US1/64 & Cary Pkwy Interchange	5,000,000	---	2,285,707	2,285,707
US1/64 & Walnut Interchange	6,000,000	302,885	5,113,527	5,416,412
Walnut Street Corridor Improvements	3,000,000	---	---	---
Total Expenditures	101,591,571	24,277,408	21,904,255	46,181,663
Less:  Completed Projects (noted by *)	(8,718,500)	(6,722,600)	(725,895)	(7,448,495)
Construction-in-Progress	92,873,071	17,554,808	21,178,360	38,733,168
TOTAL EXPENDITURES	136,112,923	31,401,597	27,896,327	59,297,924
Total Completed Projects	(10,236,000)	(7,851,745)	(925,307)	(8,777,052)
Construction-in-Progress	125,876,923	23,549,852	26,971,020	50,520,872
Revenues Under Expenditures	(116,502,891)	(20,438,965)	(25,191,811)	(45,630,777)
OTHER FINANCING SOURCES (USES):
Bond Proceeds	79,171,845	39,505,000	---	39,505,000
Transfers In (Out), net
General Fund	2,836,662	2,966,662	(30,000)	2,936,662
Capital Reserve Sub-Fund	44,373,384	38,473,827	4,602,609	43,076,436
Appropriation from Fund Balance	262,000	---	---	---
Sub-total	126,643,891	80,945,489	4,572,609	85,518,098
Less:  Completed Projects	(10,141,000)	(10,123,500)	1,441,448	(8,682,052)
TOTAL OTHER FINANCING SOURCES	116,502,891	70,821,989	6,014,057	76,836,046
Increase (Decrease)	---	50,383,024	(19,177,754)	31,205,269
Adjustment for closed projects	---	2,366,755	(2,366,755)	---
FUND BALANCE	$          ---	52,749,779	(21,544,510)	31,205,269