Financial Report - Moreno Valley

Revenues:
Taxes:
City of Moreno Valley
Budgetary Comparison Schedule
2007 Towngate Improvement Refunding
Year Ended June 30, 2011
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Other taxes $ 114,400 $ 114,400 $ 112,162 $ (2,238)
Use of money and property 100
100
64
(36)
Total Revenues 114,500 114,500 112,226
(2,274)
Expenditures:
Debt service:
Principal retirement 195,000
Interest and fiscal charges 160,300
Total Expenditures 355,300
Excess (Deficiency) of Revenues
Over (Under) Expenditures (240,800)
Other Financing Sources (Uses):
Transfers in 279,500
Transfers out (38,250)
Total Other Financing Sources (Uses) 241,250
Net Change in Fund Balances 450
Fund Balances, Beginning of Year 820,975
195,000
160,300
355,300
(240,800)
279,500
(38,250)
241,250
450
820,975
195,000
160,375
355,375
(243,149)
276,459
(47,480)
228,979
(14,170)
820,975
-
(75)
(75)
(2,349)
(3,041)
(9,230)
(12,271)
(14,620)
Fund Balances, End of Year $ 821,425 $ 821,425 $ 806,805 $ (14,620)
158
-