FINANCIAL SECTION - School District U-46

School District U-46
Developers Fees Fund Summary
FY 2011 Budget
FY 2010
FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2009 Amended FY 2011
Actual Actual Actual Actual Budget Actual Budget Budget
Revenue
Local Revenue $ 1,183,857 $ 7,604,915 $ 1,887,000 $ 867,768 $ 875,000 $ 718,570 $ 875,000 $ 875,000
Expenditures
Purchased Services 153,366 3,280 - 326 - 93,356 - -
Capital Outlay 1,033,012 426,519 283,694 123,155 875,000 29,284 1,000,000 875,000
Contingency, Tuition and Non-Capitalized Equipment - - - - - 88,526 - -
Total Expenditures 1,186,378 429,799 283,694 123,481 875,000 211,166 1,000,000 875,000
Excess (Deficiency) of Revenues Over Expenditures (2,521) 7,175,116 1,603,306 744,287 - 507,404 (125,000) -
Total Other Financing Sources (Uses) - - (4,405,597) - (9,700,000) (10,110,566) - -
3-132
Net Change in Fund Balance (2,521) 7,175,116 (2,802,291) 744,287 (9,700,000) (9,603,162) (125,000) -
Fund Balance at Beginning of Year 4,850,050 4,847,529 12,022,645 9,220,354 9,938,423 9,938,423 335,261 210,261
Fund Balance at End of Year $ 4,847,529 $ 12,022,645 $ 9,220,354 $ 9,964,641 $ 238,423 $ 335,261 $ 210,261 $ 210,261
Difference due to change from cash to accrual
Fund Balance June 30, 2008 $ 9,964,641
Change due to cash to accrual conversion (26,218)
Fund Balance July 1, 2008 $ 9,938,423