Complete Document - City of Auburn

City of AuburnAuburn Center for Developing Industries FundComparative Revenues, Expenditures and Changes in Fund BalancesActualFive YearBudgeted^ (Unaudited) Actual (Audited) PercentFY 04 FY 03 FY02 FY01 FY00 ChangeRevenues:Charges for servicesRent and utility reimbursement $ 109,665 $ 109,665 $ 149,560 $ 99,620 $ 83,488 31.35%Other revenuesInterest 1,500 1,500 3,722 4,563 3,710 -59.57%Total revenues 111,165 111,165 153,282 104,183 87,198 27.49%Expenditures:Economic DevelopmentUtilities73,300 73,300 63,372 51,962 60,751 20.66%General Operations 25,825 20,825 36,900 60,285 49,635 -47.97%Total expenditures 99,125 94,125 100,272 112,247 110,386 -10.20%Excess of revenues and other sourcesover expenditures and other uses 12,040 17,040 53,010 (8,064) (23,188) -151.92%Fund equity, beginning of year 572,464 555,424 502,414 510,478 533,666 7.27%Fund equity, end of year $ 584,504 $ 572,464 $ 555,424 $ 502,414 $ 510,478 14.50%^ Beginning and ending fund balances for budgeted years have been updated from budget ordinance amounts to reflect actualunaudited ending fund balance at September 30, 2002.265