Agenda - City of Dallas

Exhibit A - Cedars TIF District
FY 2011 Annual Report
Statement of Revenues, Expenditures and Changes in Fund Balance (Deficit)
For the Period September 30, 2011 (Unaudited)
With Comparative Totals for September 30 2010, 2009, 2008, and 2007
ITD 2011 2010 2009 2008 2007
Revenues:
Tax increment-Governmental $2,197,543 $352,926 $376,069 $325,887 $205,709 $87,924
Tax increment-Intergovernmental $1,682,144 $419,909 $490,276 $395,335 $249,267 $127,357
Interest income $143,951 $13,771 $17,941 $12,682 $7,320 $11,901
Net increase (decrease) in fair value of investments $1,188 $563 ($5,159) $8,044 ($1,555) $2,381
Total revenues $4,149,826 $787,170 $879,127 $741,947 $460,741 $229,563
Expenditures:
Administrative expenses $654,775 $72,345 $44,477 $25,394 $52,430 $68,459
Non-Capital Outlay $208,448 $0 $0 $0 $0 $4,800
Capital outlay $1,510,055 $821,530 $0 $0 $315,025 $199,900
Interest and fiscal charges $3,472 $0 $0 $0 $0 $3,472
Total expenditures $2,376,750 $893,875 $44,477 $25,394 $367,456 $276,632
Excess (Deficiency) of Revenues over Expenditures $1,773,076 ($106,705) $834,650 $716,553 $93,285 ($47,069)
Fund balance (Deficit) at beginning of year
as previously reported $0 $1,880,054 $1,045,404 $328,851 $235,566 $282,635
Prior period restatement $272 $0 $0 $0 $0 $0
Fund balance (Deficit) at beginning of year, as restated $272 $1,880,054 $1,045,404 $328,851 $235,566 $282,635
Fund balance (deficit) at end of year $1,773,349 $1,773,349 $1,880,054 $1,045,404 $328,851 $235,566
Note: Fiscal year 2010-11 unaudited financial statements are based on the 13th period close numbers and are subject
review by the City Controller's Office prior to approval by the City Council. In case of any material changes, TIF board
will be provided with the updated financial statements.
20