|
<br />33
<br />
<br />Indian River County, Florida
<br />Statement of Revenues, Expenditures, and
<br />Changes in Fund Balances - Budget and Actual
<br />Secondary Roads Construction Fund
<br />For the Year Ended September 30, 2019
<br />
<br />Budgeted Amounts Actual
<br /> Variance
<br />with Final
<br />Budget
<br />Positive
<br />
<br />Original Final Amounts (Negative)
<br />REVENUES
<br />Taxes $ 3,678,875 $ 3,678,875 $ 3,823,809 $ 144,934
<br />Intergovernmental - 4,626,720 2,068,912 (2,557,808)
<br />Interest 33,250 33,250 278,168 244,918
<br />Miscellaneous - - 45,460 45,460
<br />Total revenues 3,712,125 8,338,845 6,216,349 (2,122,496)
<br />EXPENDITURES
<br />Transportation 8,584,725 16,900,766 8,548,703 8,352,063
<br />Total expenditures 8,584,725 16,900,766 8,548,703 8,352,063
<br />Excess of revenues over (under) expenditures (4,872,600) (8,561,921) (2,332,354) 6,229,567
<br />OTHER FINANCING SOURCES (USES)
<br />Transfers in - 157,881 157,880 (1)
<br />Total other financing sources (uses) - 157,881 157,880 (1)
<br />Net change in fund balances (4,872,600) (8,404,040) (2,174,474) $ 6,229,566
<br />
<br />Fund balances at beginning of year 4,872,600 8,404,040 10,378,724
<br />Fund balances at end of year $ - $ - $ 8,204,250
<br /> - - - -
<br />
<br />The accompanying notes are an integral part of the financial statements.
|