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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, 2007 <br />Budgeted Amounts <br />Original Final <br />REVENUES <br />Taxes $ 3,6465772 $ 3,646,772 $ <br />Intergovernmental - 29559,060 <br />Charges for services - 53,397 <br />Special assessments - 13,840 <br />Interest 451,250 626,250 <br />Miscellaneous - 448,801 <br />Total revenues 41098,022 7,348,120 <br />EXPENDITURES <br />Current: <br />Transportation 251802,326 301515,778 <br />Total expenditures 255802,326 301515,778 <br />Excess of revenues over (under) <br />expdenitures (21,704,304) (23,1673658) <br />OTHER FINANCING USES <br />Transfers out - (15498,622) <br />Total other financing uses - (19498,622) <br />Net change in fund balances (21,704,304) (24,666,280) <br />Fund balances at beginning of year <br />Fund balances at end of year <br />Actual <br />Amounts <br />3,482,514 <br />2,524,623 <br />1,182,713 <br />159,683 <br />1,120,403 <br />683,294 <br />9,153,230 <br />10,927,104 <br />10,927,104 <br />(1,773,874) <br />Variance with <br />Final Budget <br />Positive <br />(Negative) <br />$ (164,258) <br />(34,437) <br />1,129,316 <br />145,843 <br />494,153 <br />234,493 <br />1,805,110 <br />19,588,674 <br />19.5 8 8.674 <br />21,393,784 <br />1,498,622 <br />1,498,622 <br />(1,773,874) $ 229892,406 <br />21,7045304 245666,280 249107,225 <br />The accompanying notes are an integral part of the financial statements. <br />27 <br />