Comprehensive Annual Financial Report - Cobb County

Cobb County, Georgia
Parking Deck Facility Special Revenue Fund
Schedule of Revenues, Expenditures and
Changes in Fund Balance - Budget and Actual (Budgetary Basis)
For the Fiscal Year Ended September 30, 2007
Variance with
Final Budget -
Budgeted Amounts
Positive
Original Final Actual (Negative)
Revenues:
Charges for services $ 457,729 $ 457,729 $ 462,961 $ 5,232
Interest earned 10,000 10,000 13,536 3,536
Miscellaneous 535 535 1,285 750
Total revenues $ 468,264 $ 468,264 $ 477,782 $ 9,518
Expenditures:
Current:
Personnel services $ 46,240 $ 48,361 $ 46,380 $ 1,981
Operating expenditures 64,665 72,515 67,264 5,251
Capital outlay - 17,750 15,925 1,825
Debt service:
Principal 180,000 180,000 180,000 -
Interest and fiscal charges 151,085 151,085 151,085 -
Total expenditures $ 441,990 $ 469,711 $ 460,654 $ 9,057
Net change in fund balance $ 26,274 $ (1,447) $ 17,128 $ 18,575
Fund balance at beginning of year 340,276
Fund balance at end of year - budgetary basis $ 357,404
Reconciliation to GAAP basis:
Elimination of encumbrances outstanding at
end of year 13,345
Fund balance at end of year - GAAP basis $ 370,749
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