2010 Annual Report - City of Vernon

PAGE 61CITY OF VERNON 2010 ANNUAL REPORTHE CORPORATION OF THE CITY OF VERNONContinuity Schedule of Deferred ChargesSchedule 4Develop. Develop. Develop. FederalCost Cost Cost Sidewalk Gas Tax /For the Year 2010 Charges Charges Charges Gifting Transit(In thousands of dollars) (Roads) (Drainage) (Sewer) Funds Funds TOTALBalance, beginning of year $ 6,272 $ 2,068 $ 7,027 $ 1,245 $ 802 $ 17,414Add: Interest 192 35 117 - 8 352Development levies 446 77 273 267 - 1,063Federal Government transfers - - - 1,018 1,018Less:Transfers to:General Fund (2,738) (245) - (1) (1,402) (4,386)Sewer Fund - - (1,784) - - (1,784)Balance, end of year $ 4,172 $ 1,935 $ 5,633 $ 1,511 $ 426 $ 13,677Represented by:Deposit accounts $ 196 $ 201 $ 479 $ - $ - $ 876Portfolio investments 5,544 734 2,544 - - 8,822Due from General Fund (1,568) 1,000 2,610 1,511 426 3,979$ 4,172 $ 1,935 $ 5,633 $ 1,511 $ 426 $ 13,677