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ESCAMBIA COUNTY, FLORIDA
TOURIST PROMOTION FUND
SCHEDULE OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCES ‐
BUDGET AND ACTUAL
FOR THE YEAR ENDED SEPTEMBER 30, 2011
Variance with
Final Budget
Original
Final
Positive
Budget
Budget
Actual
(Negative)
Revenues:
  Taxes
$5,175,000
$5,175,000
$6,461,694
$1,286,694
  Permits, fees and special assessments
0
0
500
500
  Intergovernmental
0
4,384,830
2,923,220
(1,461,610)
  Investment income
0
0
28,386
28,386
  Miscellaneous
0
0
267,707
267,707
      Total revenues        
5,175,000
9,559,830
9,681,507
121,677
Expenditures:
  Current:
    Physical environment
150,219
176,819
160,042
16,777
    Economic environment
3,491,221
8,719,551
5,485,641
3,233,910
      Total expenditures
3,641,440
8,896,370
5,645,683
3,250,687
      Excess (deficiency) of revenue over (under)
        expenditures
1,533,560
663,460
4,035,824
3,372,364
Other financing sources (uses):
  Transfers out
(1,674,810)
(1,974,810)
(1,974,810)
0
      Total other financing sources (uses)
(1,674,810)
(1,974,810)
(1,974,810)
0
      Net change in fund balances
(141,250)
(1,311,350)
2,061,014
3,372,364
Fund balances at beginning of year
141,250
1,311,350
2,717,834
1,406,484
Fund balances (deficit) at end of year
$0
$0
$4,778,848
$4,778,848
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