Complete Document - City of Auburn

City of AuburnLiability Risk Retention FundComparative Revenues, Expenditures and Changes in Fund BalancesActualFive YearBudgeted^ (Unaudited) Actual (Audited) PercentFY 04 FY 03 FY02 FY01 FY00 ChangeRevenues:Other revenuesInterest $ - $ - $ 18,673 $ 33,047 $ 45,100 -100.00%Claims reimbursement - - 27,311 5,000 150,000 -100.00%Total revenues - - 45,984 38,047 195,100 -100.00%Other financing sources (OFS):Transfers in from other funds 390,600 632,863 295,700 76,949 316,165 23.54%Total revenues and OFS 390,600 632,863 341,684 114,996 511,265 -23.60%Expenditures:General OperationsClaims payments130,000 120,000 36,972 60,587 370,383 -64.90%Insurance premiums 260,600 257,100 95,179 100,719 138,923 87.59%Administration fees - - 3,000 30 - n/aTotal Expenditures 390,600 377,100 135,151 161,336 509,306 -23.31%Other financing uses (OFU):Operating transfers to other funds 5,000 - 8,600 - - n/aTotal expenditures and OFU 395,600 377,100 143,751 161,336 509,306 -22.33%Excess of revenues and other sourcesover expenditures and other uses (5,000) 255,763 197,933 (46,340) 1,959 -355.23%Fund equity, beginning of year 1,056,368 800,605 602,672 649,012 647,053 63.26%Fund equity, end of year $ 1,051,368 $ 1,056,368 $ 800,605 $ 602,672 $ 649,012 62.00%^ Beginning and ending fund balances for budgeted years have been updated from budget ordinance amounts to reflect actualunaudited ending fund balance at September 30, 2002.271