FY 2011-12 Adopted Budget - City of Oviedo

Economic Development Fund (116)
Beginning Fund Balance 698,889 681,712 536,434 536,434 434,211
2008-09 2009-10 2010-11 2010-11 2011-12
REVENUES Actual Actual Budget Projection Budget
Miscellaneous
Interest on Investments 25,459 13,955 10,000 4,976 5,000
Appropriated Fund Balance 338,500 335,188
TOTAL REVENUES 25,459 13,955 348,500 4,976 340,188
2008-09 2009-10 2010-11 2010-11 2011-12
EXPENDITURES Actual Actual Budget Projection Budget
Operating Expenses
Operating Expenses 1,524 2,670 2,000 443 2,000
Promotional Activities/Materials 0 5,395 3,000 3,018 3,000
Economic Development Memberships 0 6,500 6,500 6,610 6,500
Payment for Contracted Economic
Development Services 0 141,168 70,000 83,628 66,688
Other Professional Services:
- Grants Administration Services 0 0 12,000 8,500 12,000
- Transportation Exception Concurrency Area 33,612 0 5,000 5,000 0
Sub-Total: Operating Expenses 35,136 155,733 98,500 107,199 90,188
Impact Fee Assistance/ED Incentives 7,500 3,500 250,000 0 250,000
TOTAL EXPENDITURES 42,636 159,233 348,500 107,199 340,188
Ending Fund Balance 681,712 536,434 197,934 434,211 99,023
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