Financial Report - Moreno Valley

Revenues:
Taxes:
City of Moreno Valley
Budgetary Comparison Statement
CSD Zones
Year Ended June 30, 2011
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
Property taxes $ 3,043,389 $ 3,103,389 $ 3,237,015 $ 133,626
Other taxes 967,800 967,800 1,013,881
46,081
Intergovernmental 27,000 27,000 74,097
47,097
Charges for services 10,784,300 10,762,805 11,171,945 409,140
Use of money and property 552,200 553,200 614,940
61,740
Fines and forfeitures 56,500 56,500 42,302 (14,198)
Miscellaneous 80,300 101,353 63,102 (38,251)
Total Revenues 15,511,489 15,572,047 16,217,282 645,235
Expenditures:
Current:
Community and cultural 17,652,076
Capital outlay 123,400
Total Expenditures 17,775,476
Excess (Deficiency) of Revenues
Over (Under) Expenditures (2,263,987)
Other Financing Sources (Uses):
Transfers in (note 7) 865,245
Transfers out (note 7) (51,800)
Total Other Financing Sources (Uses) 813,445
Net Change in Fund Balances (1,450,542)
Fund Balance, Beginning of Year 7,483,577
17,705,106
189,850
17,894,956
(2,322,909)
1,463,240
-
1,463,240
(859,669)
7,483,577
16,293,348
18,247
16,311,595
(94,313)
1,587,244
-
1,587,244
1,492,931
7,483,577
1,411,758
171,603
1,583,361
2,228,596
124,004
-
124,004
2,352,600
Fund Balance, End of Year $ 6,033,035 $ 6,623,908 $ 8,976,508 $ 2,352,600
See Notes to Financial Statements 28
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