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ESCAMBIA COUNTY, FLORIDA
DEBT SERVICE 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:
  Intergovernmental
$600,000
$600,000
$660,000
$60,000
  Investment income
8,475
8,475
63,710
55,235
  Miscellaneous
0
0
239
239
      Total revenues        
608,475
608,475
723,949
115,474
Expenditures:
  Current:
    General government
560,000
560,000
560,000
0
  Debt service:
    Principal retirement
4,505,756
4,583,874
3,997,504
586,370
    Interest and fiscal charges
5,295,053
5,295,746
5,138,208
157,538
      Total expenditures
10,360,809
10,439,620
9,695,712
743,908
      Excess (deficiency) of revenue over (under)
        expenditures
(9,752,334)
(9,831,145)
(8,971,763)
859,382
Other financing sources (uses):
  Transfers in
7,347,923
7,347,923
7,322,120
(25,803)
      Total other financing sources (uses)
7,347,923
7,347,923
7,322,120
(25,803)
      Net change in fund balances
(2,404,411)
(2,483,222)
(1,649,643)
833,579
Fund balances at beginning of year
2,404,411
2,483,222
5,392,681
2,909,459
Fund balances (deficit) at end of year
$0
$0
$3,743,038
$3,743,038
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