| 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, 2006 | ||||
| Schedule 4 | ||||
| Actual | ||||
| Project | Prior | Current | Total | |
| Authorization | Years | Year | To Date | |
| REVENUES | ||||
| Wake County Grant | $250,000 | 250,000 | --- | 250,000 |
| State and Federal Grants | 1,337,282 | 493,562 | 306,400 | 799,962 |
| Investment Earnings | 94,882 | 94,882 | --- | 94,882 |
| Contributions | 105,600 | 51,349 | 8,700 | 60,049 |
| Developer Reimbursement | --- | 48,875 | --- | 48,875 |
| TOTAL REVENUES | 1,787,764 | 938,668 | 315,100 | 1,253,768 |
| EXPENDITURES | ||||
| Asset-Related Projects | ||||
| Amberly Trailhead Park | 250,000 | --- | --- | --- |
| Annie Jones Park/Greenway Renovation | 223,380 | 112,260 | --- | 112,260 |
| Aquatics Center | 5,000,000 | --- | --- | --- |
| Bachelor Branch Greenway | 925,300 | 72,196 | 692,507 | 764,703 |
| Bachelor Branch Greenway - Phase 2 | 50,000 | --- | --- | --- |
| Bartley Parcel - Phase 1 | 277,800 | 102,311 | --- | 102,311 |
| Black Creek Greenwy - Phase 4 | 3,633,800 | 719,719 | 476,569 | 1,196,288 |
| Bond Park Improvements | 1,501,951 | 237,615 | 1,058,400 | 1,296,015 |
| Bond Park Water Line * | 190,500 | 47 | 173,012 | 173,059 |
| Dog Park at Godbold Park | 53,500 | 22 | 47,005 | 47,027 |
| East Cary Park- Phase 1 | 543,787 | --- | --- | --- |
| Greenway Land & Open Space | 1,480,300 | 294,976 | 101,113 | 396,089 |
| Hemlock Bluffs - Exhibits | 32,350 | 20,400 | --- | 20,400 |
| Koka
Booth Amphitheatre at Regency Park - FY2004 Improvements |
280,500 | 48,260 | 221,216 | 269,476 |
| Lexie Lane Park Renovations/Expansion | 54,700 | 2,800 | --- | 2,800 |
| MacDonald Woods Park Improvements - Phase 2 | 327,500 | --- | --- | --- |
| MacDonald
Woods/Pirates Cove Expansion & Renovation |
669,200 | 481,698 | --- | 481,698 |
| Middle Creek Park - Main Project * | 2,067,515 | --- | 10 | 10 |
| Morris Branch Greenway Underpass | 20,000 | --- | --- | --- |
| Nancy Branch Greenway Underpass | 20,000 | --- | --- | --- |
| Ritter Park Renovations | 585,500 | 37,601 | 333 | 37,934 |
| Sears Farm Rd. Park | 1,876,818 | 1,722,532 | (49,094) | 1,673,438 |
| Site Acquisition - ALL * | 156,481 | --- | --- | --- |
| Speight Branch Greenway - Phase 1 | 896,900 | 746,285 | --- | 746,285 |
| Town Hall Gateway Project | 300,000 | 25,000 | 5,000 | 30,000 |
| Tryon Rd. Crossing | 275,000 | --- | 197,818 | 197,818 |
| Tryon Rd. Park/Greenway | 132,900 | 1,903 | --- | 1,903 |
| Asset-Related Projects (cont'd) | ||||
| US 1/64 Pedestrian Crossing | $929,500 | 518,562 | 259,692 | 778,254 |
| USA Baseball - Brooks Park | 10,653,833 | 13,339 | 6,990,196 | 7,003,535 |
| Veterans Freedom Park * | 150,000 | 75,000 | 75,000 | 150,000 |
| W Wake Library Greenway Connection | 26,000 | --- | 26,000 | 26,000 |
| Walnut Creek Greenway | 553,061 | 85,013 | --- | 85,013 |
| Walnut Street Park | 1,674,000 | 23,278 | 16,904 | 40,182 |
| White Oak Greenway - Phases 3 & 4 | 4,209,000 | 1,110,405 | 37,495 | 1,147,900 |
| Total Expenditures | 40,021,076 | 6,451,222 | 10,329,176 | 16,780,398 |
| Less: Completed Projects (noted by *) | (340,510) | (75,047) | (248,022) | (323,069) |
| Construction-in-Progress | 39,680,566 | 6,376,175 | 10,081,154 | 16,457,329 |
| Expense Projects | ||||
| Facility Renovations | 100,000 | --- | --- | --- |
| Green Level Stream Restoration & Greenway | 280,020 | --- | --- | --- |
| Greenway Crosswalk System | 90,000 | --- | --- | --- |
| Greenway Resurfacing FY2001 * | 153,140 | 135,667 | 5,004 | 140,671 |
| HYCC Renovations | 28,450 | --- | --- | --- |
| Lions Park Renovations | 115,900 | 26,366 | --- | 26,366 |
| Miracle League | 50,000 | --- | 50,000 | 50,000 |
| Park & Greenway Renovations FY2003 | 269,400 | 39,732 | 14,272 | 54,004 |
| Park & Greenway Renovations FY2004 | 200,900 | 13,559 | --- | 13,559 |
| Park & Greenway Renovations FY2006 | 81,400 | --- | 37,382 | 37,382 |
| Tennis Court Renovations FY2003 | 27,700 | --- | --- | --- |
| Tennis Court Renovations FY2004 | 84,200 | 64,661 | --- | 64,661 |
| Tennis Court Renovations FY2006 * | 96,900 | --- | 96,900 | 96,900 |
| Tennis Court Fence Replacement FY2004 * | 89,650 | 11,637 | 34,298 | 45,935 |
| Town Center Facilities/Property Study | 150,000 | --- | 141,389 | 141,389 |
| W Cary Stream Restoration & Greenway | 282,700 | --- | 104,414 | 104,414 |
| Total Expenditures | 2,100,360 | 291,622 | 483,659 | 775,281 |
| Less: Completed Projects (noted by *) | (339,690) | (147,304) | (136,202) | (283,506) |
| Other Projects-in-Progress | 1,760,670 | 144,318 | 347,457 | 491,775 |
| TOTAL EXPENDITURES | 42,121,436 | 6,742,844 | 10,812,835 | 17,555,679 |
| Total Completed Projects | (680,200) | (222,351) | (384,224) | (606,575) |
| TOTAL PROJECTS IN PROGRESS | 41,441,236 | 6,520,493 | 10,428,611 | 16,949,104 |
| Revenues Under Expenditures | (39,653,472) | (5,581,825) | (10,113,511) | (15,695,336) |
| OTHER FINANCING SOURCES | ||||
| Bond Proceeds | $5,959,416 | 1,593,169 | --- | 1,593,169 |
| Transfers In, net | ||||
| General Fund | 26,304,839 | 26,187,590 | 179,450 | 26,367,040 |
| Capital Reserve Sub-Fund | 8,018,064 | 7,499,764 | 518,300 | 8,018,064 |
| Capital Reserve Sub-Fund - Bond Proceeds | 51,353 | 51,353 | --- | 51,353 |
| Sub-Total | 40,333,672 | 35,331,876 | 697,750 | 36,029,626 |
| Less: Completed Projects | (680,200) | (672,860) | (7,340) | (680,200) |
| TOTAL OTHER FINANCING SOURCES | 39,653,472 | 34,659,016 | 690,410 | 35,349,426 |
| Increase (Decrease) | --- | 29,077,191 | (9,423,101) | 19,654,090 |
| Adjustment for closed projects | --- | 450,508 | (450,508) | --- |
| FUND BALANCE | $ --- | 29,527,699 | (9,873,609) | 19,654,090 |