Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Schedule of Revenues, Expenditures and Changes in
Fund Balance – Budget and Actual (Non-GAAP Basis)
Capital Projects Capital Projects Fund
Year ended June 30, 2009
Revenues:
Less
2007-2008 Plus Actual, Variance –
encumbered 2008-2009 budgetary positive
Budget Actual expenditures* encumbrances basis (negative)
Total revenues $ —
— — — — —
Expenditures:
General services:
Capital improvement 18,577,069 2,825,824 — 6,452,420 9,278,244 9,298,825
Total general services 18,577,069 2,825,824 — 6,452,420 9,278,244 9,298,825
114
Cultural and recreation services:
Capital improvement 3,625,678 20,062 — — 20,062 3,605,616
Total cultural and recreation services 3,625,678 20,062 — — 20,062 3,605,616
Housing and community development:
Capital improvement 105,000 73,587 — — 73,587 31,413
Total cultural and recreation services 105,000 73,587 — — 73,587 31,413
Total expenditures 22,307,747 2,919,473 — 6,452,420 9,371,893 12,935,854
Excess (deficiency) of revenues over
(under) expenditures (22,307,747) (2,919,473) — (6,452,420) (9,371,893) 12,935,854
Other financing (uses) – transfers in 4,315,378 4,315,378 — — 4,315,378 —
Net change in fund balance (17,992,369) 1,395,905 — (6,452,420) (5,056,515) 12,935,854
Fund balance at beginning of year 18,012,370 18,012,370 — — 18,012,370 —
Fund balance at end of year $ 20,001 19,408,275 — (6,452,420) 12,955,855 12,935,854
* No encumbrances were outstanding at June 30, 2008.