Financial Report - Moreno Valley

Revenues:
Taxes:
City of Moreno Valley
Budgetary Comparison Schedule
Auto Mall Special Tax Bonds
Year Ended June 30, 2011
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Other taxes $ 1,967,600 $ 1,967,600 $ 78,021 $ (1,889,579)
Use of money and property 500
500
155
(345)
Total Revenues 1,968,100 1,968,100 78,176 (1,889,924)
Expenditures:
Debt service:
Principal retirement 1,045,000
Interest and fiscal charges 1,309,300
Total Expenditures 2,354,300
Excess (Deficiency) of Revenues
Over (Under) Expenditures (386,200)
Other Financing Sources (Uses):
Transfers in 220,000
Transfers out (62,500)
Total Other Financing Sources (Uses) 157,500
Net Change in Fund Balances (228,700)
Fund Balances, Beginning of Year 2,367,173
1,045,000
1,309,300
2,354,300
(386,200)
220,000
(62,500)
157,500
(228,700)
2,367,173
1,045,000
241,750
1,286,750
(1,208,574)
96,489
(137,400)
(40,911)
(1,249,485)
2,367,173
-
1,067,550
1,067,550
(822,374)
(123,511)
(74,900)
(198,411)
(1,020,785)
Fund Balances, End of Year $ 2,138,473 $ 2,138,473 $ 1,117,688 $ (1,020,785)
155
-