Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Schedule of Revenues, Expenditures and Changes in
Fund Balance – Budget and Actual (Non-GAAP Basis)
Clean Beaches and Ocean Parcel Tax Special Revenue Fund
Year ended June 30, 2008
94
Less
2006-2007 Plus Actual, Variance –
encumbered 2007-2008 budgetary positive
Budget Actual expenditures* encumbrances basis (negative)
Revenues:
Other taxes $ 2,300,000 2,505,448 — — 2,505,448 205,448
Investment income 40,000 30,561 — — 30,561 (9,439)
Total revenues 2,340,000 2,536,009 — — 2,536,009 196,009
Expenditures:
General services:
Capital improvement 883,000 — — 600,000 600,000 283,000
Total general services 883,000 — — 600,000 600,000 283,000
Net change in fund balance 1,457,000 2,536,009 — (600,000) 1,936,009 479,009
Fund balance at beginning of year — — — — — —
Fund balance at end of year $ 1,457,000 2,536,009 — (600,000) 1,936,009 479,009
* No encumbrances were outstanding at June 30, 2007.