Comprehensive Annual Financial Report - City of Santa Monica
Comprehensive Annual Financial Report - City of Santa Monica
Comprehensive Annual Financial Report - City of Santa Monica
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CITY OF SANTA MONICA, CALIFORNIA<br />
Schedule <strong>of</strong> Revenues, Expenditures and Changes in<br />
Fund Balance – Budget and Actual (Non-GAAP Basis)<br />
Rent Control Special Revenue Fund<br />
Year ended June 30, 2008<br />
102<br />
Less<br />
2006-2007 Plus Actual, Variance –<br />
encumbered 2007-2008 budgetary positive<br />
Budget Actual expenditures encumbrances basis (negative)<br />
Revenues:<br />
Charges for services $ 4,106,280 4,122,208 — — 4,122,208 15,928<br />
Investment income 137,000 152,313 — — 152,313 15,313<br />
Other 4,000 2,376 — — 2,376 (1,624)<br />
Total revenues 4,247,280 4,276,897 — — 4,276,897 29,617<br />
Expenditures:<br />
Housing and community development:<br />
Rent control<br />
Salaries 3,646,275 3,488,617 — — 3,488,617 157,658<br />
Supplies 754,350 650,081 10,500 11,252 650,833 103,517<br />
Capital outlay 58,600 22,366 — — 22,366 36,234<br />
Total housing and community development 4,459,225 4,161,064 10,500 11,252 4,161,816 297,409<br />
Net change in fund balance (211,945) 115,833 (10,500) (11,252) 115,081 327,026<br />
Fund balance at beginning <strong>of</strong> year 1,588,190 1,588,190 — — 1,588,190 —<br />
Fund balance at end <strong>of</strong> year $ 1,376,245 1,704,023 (10,500) (11,252) 1,703,271 327,026
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