Complete Document - City of Auburn

City of AuburnTotal Special Revenue FundsComparative Revenues, Expenditures and Changes in Fund BalancesActualFive YearBudgeted^ (Unaudited) Actual (Audited) PercentFY04 FY03 FY02 FY01 FY00 ChangeRevenues:Locally levied taxesProperty taxes for schools $ 5,200,000 $ 5,050,000 $ 5,005,804 $ 4,602,887 $ 4,375,724 18.84%Gasoline taxes 267,500 265,000 262,704 244,387 238,487 12.17%State shared taxesGasoline taxes 226,000 219,500 247,422 208,478 224,045 0.87%IntergovernmentalFederal grants - 820,220 834,000 853,000 819,000 -100.00%Other revenuesConfiscation revenues - - 1,085 17,841 3,803 -100.00%Interest income 55,000 37,500 61,969 98,191 76,175 -27.80%Total revenues 5,748,500 6,392,220 6,412,984 6,024,784 5,737,234 0.20%Other financing sources (OFS):Proceeds of debt ^^ - - 26,877,867 - - n/aTransfers in from other funds 3,550,000 3,250,000 - - n/aTotal revenues and OFS 9,298,500 9,642,220 33,290,851 6,024,784 5,737,234 62.07%Expenditures:Public safetyCurrent operations 4,000 4,000 2,266 2,831 4,369 -8.45%Capital outlay - - - 32,765 62,300 -100.00%Economic DevelopmentCurrent operations - 307,500 256,445 274,091 252,368 -100.00%Capital outlay - 512,720 577,555 578,909 566,632 -100.00%General operationsSchool tax administration fees 237,436 229,200 223,818 211,631 175,602 35.21%IntergovernmentalAppropriations to School Board 2,800,000 2,800,000 14,580,431 1,900,000 1,222,425 129.05%Debt service on behalf of School Bd. 2,375,229 2,224,904 2,403,569 2,489,635 2,387,438 -0.51%Total expenditures 5,416,665 6,078,324 18,044,084 5,489,862 4,671,134 15.96%Other financing uses (OFU):Debt refunding - - 14,297,436 - - n/aOperating transfers to other fundsTo General Fund for street maint. 524,000 520,000 436,950 535,580 414,380 26.45%To Debt Service Fund on behalfof School Board 3,550,000 3,250,000 - - - n/aTotal other financing uses* 4,074,000 3,770,000 14,734,386 535,580 414,380 883.16%Total expenditures and OFU 9,490,665 9,848,324 32,778,470 6,025,442 5,085,514 86.62%Excess of revenues and other sourcesover expenditures and other uses (192,165) (206,104) 512,381 (658) 651,720 -129.49%Fund balances, beginning of year 1,410,655 1,616,759 1,104,379 1,105,037 453,317 211.19%Fund balances, end of year $ 1,218,490 $ 1,410,655 $ 1,616,760 $ 1,104,379 $ 1,105,037 10.27%^ Beginning and ending fund balances for budgeted years have been updated from budget ordinance amounts to reflect unauditedending fund balances at September 30, 2002.^^ Includes refunding debt proceeds244