Comprehensive Annual Financial Report - Cobb County

Cobb County, Georgia
General 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)
Other financing sources (uses):
Transfers in $ 20,325,763 $ 20,862,589 $ 18,425,101 $ (2,437,488)
Proceeds from sale of capital assets 311,326 311,326 274,603 (36,723)
Transfers out (26,803,120) (40,140,251) (40,140,251) -
Total other financing sources (uses) $ (6,166,031) $ (18,966,336) $ (21,440,547) $ (2,474,211)
Net change in fund balance $ 10,786,934 $ (7,793,056) $ (4,926,108) $ 2,866,948
Fund balance at beginning of year 60,611,512
Fund balance at end of year - budgetary basis $ 55,685,404
Reconciliation to GAAP basis:
Elimination of encumbrances outstanding at
end of year 3,029,094
Fund balance at end of year - GAAP basis $ 58,714,498
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