FINANCIAL STATEMENTS (2021)
Daytona Beach Community Redevelopment Agency Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual – Community Redevelopment Agency Fund
Actual
For the year ended September 30, 2021
Original
Final
Amounts
Variance
REVENUES: Licenses and permits Intergovernmental Income on investments
$
3,513 6,385
$
10,121 $
10,121 $
13,634
3,772,980 3,776,396
3,782,781
27,353 (8,317) 28,934
-
-
27,353 6,015
14,332
14,332
Miscellaneous Total revenues
3,797,433 3,800,849
3,829,783
EXPENDITURES: Current operating:
500,414
2,265,341 3,689,120 1,868,239 15,209,393
3,188,706 276,288
Economic environment
14,933,105
Capital outlay
Debt Service: Interest and fiscal charges
61,523
-
105,387
43,864
15,495,042
4,133,580 19,003,900
3,508,858
Total expenditures
Excess (deficiency) of revenues over (under) expenditures
15,523,976
(336,147) (15,203,051)
320,925
OTHER FINANCING SOURCES (USES):
-
-
5,195,000 5,195,000
Proceeds from debt issuance Budgetary reserves, net
(9,878,772)
197,004 9,878,772 3,027,228 3,017,364
-
5,369 93,235
3,022,733 (2,794,850) 5,422,883
Transfers in
(2,888,085)
(2,888,085)
Transfers (out)
(9,780,168)
336,147 15,203,051
Total other financing sources (uses)
5,743,808
-
-
5,743,808
Net change in fund balance
FUND BALANCE: Beginning
-
10,072,313 10,072,313
10,072,313
$ 10,072,313 10,072,313 $ $ 15,816,121 $ 5,743,808
Ending
DaytonaBeach.gov/Redevelopment
Powered by FlippingBook