| TOWN OF CARY, NORTH CAROLINA |
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| GENERAL CAPITAL RESERVE
SUB-FUND |
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| SCHEDULE OF
REVENUES, EXPENDITURES, AND CHANGES |
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| IN FUND BALANCE
- BUDGET AND ACTUAL |
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| For the Year Ended June 30, 2005 |
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| With
Comparative Totals For the Year Ended June 30, 2004 |
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| Schedule 7 |
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2005 |
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2004 |
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Variance |
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Positive |
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Budget |
Actual |
(Negative) |
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Actual |
| REVENUES |
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| Vehicle
Licenses |
$773,641 |
826,950 |
53,309 |
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795,152 |
| Powell Bill |
2,888,220 |
3,108,252 |
220,032 |
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2,745,220 |
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Payments in Lieu of Recreation |
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| Land and Greenway Dedications |
--- |
1,017,098 |
1,017,098 |
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549,225 |
| Payments in Lieu of Streets |
--- |
321,943 |
321,943 |
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126,960 |
| Cable Franchise Fee |
343,489 |
460,885 |
117,396 |
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390,011 |
| Transportation Development Fees |
1,027,980 |
1,596,459 |
568,479 |
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1,405,309 |
| Investment Earnings, net of market
adjustment |
1,198,027 |
1,597,227 |
399,200 |
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434,643 |
| Reimbursements |
--- |
--- |
--- |
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--- |
| Developer
Payments |
--- |
--- |
--- |
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--- |
| Other Restricted Intergovernmental |
--- |
51,884 |
51,884 |
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--- |
| Miscellaneous |
149,250 |
60,000 |
(89,250) |
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66,527 |
| TOTAL REVENUES |
6,380,607 |
9,040,698 |
2,660,091 |
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6,513,047 |
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| OTHER FINANCING SOURCES
(USES) |
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| Transfers In (Out), net |
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| General Fund |
--- |
--- |
--- |
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| Street Project Sub-Fund |
(6,044,057) |
(4,602,609) |
1,441,448 |
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(6,309,305) |
| Parks and Recreation Project Sub-Fund |
(1,920,610) |
(1,879,549) |
41,061 |
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298,456 |
| Fire Project Sub-Fund |
--- |
16,724 |
16,724 |
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(106,419) |
| General Governmental Project Sub-Fund |
(1,723,750) |
(1,570,520) |
153,230 |
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58,621 |
| Other |
--- |
--- |
--- |
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| Installment Purchase Proceeds |
--- |
--- |
--- |
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1,322,688 |
| Bond Proceeds |
--- |
--- |
--- |
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| Sale of Assets |
--- |
106,848 |
106,848 |
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--- |
| Appropriation from Fund Balance |
3,307,810 |
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(3,307,810) |
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--- |
| Reserve for Future Capital Needs |
--- |
--- |
--- |
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| TOTAL OTHER FINANCING USES |
(6,380,607) |
(7,929,106) |
(1,548,499) |
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(4,735,959) |
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| Revenues and Other Sources Over |
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| Expenditures and Other Uses |
$
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1,111,592 |
1,111,592 |
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1,777,088 |
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| FUND BALANCE - Beginning
of Year |
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7,970,311 |
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6,193,223 |
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| FUND BALANCE - End of
Year |
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$9,081,903 |
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7,970,311 |
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