Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Combining Statement of Revenues, Expenditures and
Changes in Fund Balances
Nonmajor Governmental Funds By Fund Type
For the fiscal year ended June 30, 2008
Total Total Total
special capital Total Total nonmajor
revenue projects debt service permanent governmental
funds funds funds funds funds
Revenues:
Incremental property taxes $ — 16,168,953 — — 16,168,953
Other taxes 5,305,919 — — — 5,305,919
Licenses and permits 93,650 — — — 93,650
Intergovernmental 32,560,261 — — — 32,560,261
Charges for services 10,063,416 — — 87,676 10,151,092
Investment income 1,731,469 693,670 325,641 (567,192) 2,183,588
Rental income 90,517 — — — 90,517
Other 7,731,778 122,498 — — 7,854,276
Total revenues 57,577,010 16,985,121 325,641 (479,516) 74,408,256
Expenditures:
Current:
General government 288,769 — — — 288,769
Public safety 766,601 477,830 — — 1,244,431
General services 15,708,986 — — — 15,708,986
Cultural and recreation services 13,665,140 — — — 13,665,140
Library 25,180 — — — 25,180
Housing and community development 19,689,758 4,619,878 — — 24,309,636
Debt service expenditures:
Principal — — 8,075,000 — 8,075,000
Interest — 307,427 7,772,433 — 8,079,860
Total expenditures 50,144,434 434 5,405,135 15,847,433 433 — 71,397,002
Excess (deficiency) of revenues
over (under) expenditures 7,432,576 11,579,986 (15,521,792) (479,516) 3,011,254
Other financing sources (uses):
Transfers in 203,671 18,490,200 15,727,557 — 34,421,428
Transfers out (6,443,406) (3,107,139) — (329,676) (9,880,221)
Total other financing sources (uses) (6,239,735) 15,383,061 15,727,557 (329,676) 24,541,207
Net change in fund balances 1,192,841 26,963,047 205,765 (809,192) 27,552,461
Fund balances at beginning of year 55,175,525 28,205,289 18,747,400 8,535,430 110,663,644
Fund balances at end of year $ 56,368,366 55,168,336 18,953,165 7,726,238 138,216,105
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