Comprehensive Annual Financial Report (CAFR) - Johnson City

CITY OF JOHNSON CITY, TENNESSEECOMBINING STATEMENT OF REVENUES; EXPENDITURES, AND CHANGES IN FUND BALANCESCAPITAL PROJECT FUNDSFor the Fiscal Year Ended June 30, 20HVarious Project FundsPublic Industrial* Med Tech* TotalEquipment Parks Facilities Infrastructure Park Park CapitalFund Fund Fund Fund Fund Fund Project FundsRevenues:Federal Government $ 832,501 832,501State of Tennessee 401,191 401,191Investment Earnings 22 84,365 93 84,480Miscellaneous 129,740 32,342 5,118 167,200Total Revenues 129,740 32,364 89,483 1,233,785 0 0 1,485,372Expenditures:Capital Outlay 2,298,470 753,260 7,667,855 1,303,634 12,023,219.,.Total Expenditures 2,298,470 753,260 7,667,855 1,303,634 0 0 12,023,219...... Excess (Deficiency) of Revenues0>Over (Under) Expenditures (2,168,730) (720,896) (7,578,372) (69,849) 0 0 (10,537,847)Other Financing Sources (Uses}:Operating Transfers (Net) 1,202,513 676,184 (295, 109) 107,500 1,444,949 (3,080,369) 55,668Sale of Equipment (24,803) (24,803)Capital Lease 704,688 704,688Bond Issue Proceeds 107,077 246,202 353,279Total Other Financing Sources (Uses) 1,907,201 676,184 (212,835) 353,702 1,444,949 (3,080,369) 1,088,832Net Change in Fund Balances (261,529) (44,712) (7, 791,207) 283,853 1,444,949 (3,080,369) (9,449,015)Fund Balances, July I, 2010 300,529 332,463 17,038,076 (154,274) (1 ,444,949) 3,080,369 19,152,214Fund Balances, June 30, 2011 $ 39,000 287,751 9,246,869 129,579 0 0 9,703,199* The underlying projects in the Industrial Park Fund and the Med Tech Park Fund have been completed, and the remaining net assets have been transferred into the General Fund.See Independent Auditors' Report.