Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Statement of Revenues, Expenditures and Changes in
Fund Balance - Budget and Actual (Non-GAAP Basis)
General Fund
For the fiscal year ended June 30, 2009
Less
Variance with
2007-2008 Plus Actual, final budget -
Original Final encumbered 2008-2009 budgetary positive
budget budget Actual expenditures encumbrances basis (negative)
Housing and community development:
Planning and community development
Salaries $ 12,240,562 12,283,339 11,614,166 — — 11,614,166 669,173
Supplies 7,511,954 7,757,653 6,391,470 240,603 1,606,786 7,757,653 —
Capital outlay 23,612 22,238 32,728 13,000 2,510 22,238 —
Total planning and community development 19,776,128 20,063,230 18,038,364 253,603 1,609,296 19,394,057 669,173
Housing and economic development
Salaries 4,518,798 4,357,172 4,166,071 — — 4,166,071 191,101
Supplies 7,561,175 7,524,875 7,097,951 313,802 619,414 7,403,563 121,312
Capital outlay 11,700 9,700 8,665 — — 8,665 1,035
Total housing and economic development 12,091,673 11,891,747 11,272,687 313,802 619,414 11,578,299 313,448
Capital improvement — 1,850,231 66,260 — 1,105,461 1,171,721 678,510
Total housing and community development 31,867,801 33,805,208 29,377,311 567,405 3,334,171 32,144,077 1,661,131
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Total expenditures 247,909,950 295,674,482 256,353,580 3,173,473 12,773,653 265,953,760 29,720,722
Excess (deficiency) of revenues over
(under) expenditures 2,177,162 (47,349,903) (8,788,502) (3,173,473) (12,773,653) (18,388,682) 28,961,221
Other financing sources (uses):
Transfers in 18,159,342 74,536,453 72,076,580 — — 72,076,580 (2,459,873)
Transfers out (22,750,372) (15,299,372) (15,135,727) — — (15,135,727) 163,645
Total other financing sources (4,591,030) 59,237,081 56,940,853 — — 56,940,853 (2,296,228)
Net change in fund balances (2,413,868) 11,887,178 48,152,351 (3,173,473) (12,773,653) 38,552,171 26,664,993
Fund balance at the beginning of year 148,801,879 148,801,879 148,801,879 — — 148,801,879 —
Fund balance at end of year $ 146,388,011 160,689,057 196,954,230 (3,173,473) (12,773,653) 187,354,050 26,664,993
See accompanying notes to basic financial statements.