Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Schedule of Revenues, Expenditures and Changes in
Fund Balance (Deficit) – Budget and Actual (Non-GAAP Basis)
Miscellaneous Grants Special Revenue Fund
Year ended June 30, 2008
Less
2006-2007 Plus Actual, Variance –
encumbered 2007-2008 budgetary positive
Budget Actual expenditures encumbrances basis (negative)
Revenues:
Other taxes $ 2,358,434 2,368,839 — — 2,368,839 10,405
Intergovernmental 6,504,301 6,591,277 — — 6,591,277 86,976
Investment income 400,000 592,491 — — 592,491 192,491
Other 14,402,500 6,970,410 — — 6,970,410 (7,432,090)
Total revenues 23,665,235 16,523,017 — — 16,523,017 (7,142,218)
Expenditures:
General government:
Capital improvement 5,629,029 — — — — 5,629,029
Total general government 5,629,029 — — — — 5,629,029
Public safety:
Salaries 129,033 90,740 — — 90,740 38,293
Supplies 534,064 102,991 — 9,965 112,956 421,108
Capital outlay 236,418 33,902 13,831 — 20,071 216,347
Capital improvement 1,349,473 13,289 — — 13,289 1,336,184
Total public safety 2,248,988 240,922 13,831 9,965 237,056 2,011,932
100
General services:
Environmental and public works management
Supplies 520,424 239,279 — — 239,279 281,145
Capital improvement 16,201,449 4,630,047 — 4,501,056 9,131,103 7,070,346
Total general services 16,721,873 4,869,326 — 4,501,056 9,370,382 7,351,491
Cultural and recreation services:
Communiy and cultural services
Supplies 231,708 204,841 — — 204,841 26,867
Capital improvement 25,594,044 9,849,368 — 15,012,150 24,861,518 732,526
Total cultural and recreation services 25,825,752 10,054,209 — 15,012,150 25,066,359 759,393
Library:
Supplies 25,448 25,180 — 256 25,436 12
Total library 25,448 25,180 — 256 25,436 12
Housing and community development:
Supplies 180,577 51,932 — 128,645 180,577 —
Capital improvement 2,560,225 315,451 — 68,646 384,097 2,176,128
Total housing and community development 2,740,802 367,383 — 197,291 564,674 2,176,128
Total expenditures 53,191,892 15,557,020 13,831 19,720,718 35,263,907 17,927,985
Excess (deficiency) of revenues
over (under) expenditures (29,526,657) 965,997 (13,831) (19,720,718) (18,740,890) 10,785,767
Other financing (uses) – transfers out (3,338,406) (2,130,290) — — (2,130,290) 1,208,116
Net change in fund balance (32,865,063) (1,164,293) (13,831) (19,720,718) (20,871,180) 11,993,883
Fund balance at beginning of year 19,676,905 19,676,905 — — 19,676,905 —
Fund balance (deficit) at end of year $ (13,188,158) 18,512,612 (13,831) (19,720,718) (1,194,275) 11,993,883