Financial Report - Moreno Valley

City of Moreno Valley
Budgetary Comparison Statement
Development Impact Fees
Year Ended June 30, 2011
Budget Amounts Actual
Variance with
Final Budget
Positive
Original Final Amounts (Negative)
Revenues:
Charges for services $ 412,800 $ 412,800 $ 1,137,877 $ 725,077
Use of money and property 197,800 197,800 412,081 214,281
Total Revenues 610,600 610,600 1,549,958 939,358
Excess (Deficiency) of Revenues
Over (Under) Expenditures 610,600
Other Financing Sources (Uses):
Transfers out (note 7) (4,084,493)
Total Other Financing Sources (Uses) (4,084,493)
Net Change in Fund Balances (3,473,893)
Fund Balance, Beginning of Year 21,967,051
610,600
(4,084,493)
(4,084,493)
(3,473,893)
21,967,051
1,549,958
(4,084,493)
(4,084,493)
(2,534,535)
21,967,051
939,358
-
-
939,358
Fund Balance, End of Year $ 18,493,158 $ 18,493,158 $ 19,432,516 $ 939,358
See Notes to Financial Statements 29
-