CRA Comprehensive Report - 2018 to 2024

FINANCIAL STATEMENTS (2020)

Daytona Beach Community Redevelopment Agency Statement of Revenues, Expenditures and Changes in Fund Balance – Governmental Fund

For the year ended September 30, 2020

Redevelopment Trust

REVENUES Licenses and permits Intergovernmental Charges for services Income on investments

$

11,808

3,436,708

12,600 28,375

Miscellaneous

17

Total revenues

3,489,508

EXPENDITURES Current operating:

Economic environment

934,956 732,514 1,667,470 1,822,038

Capital outlay

Total expenditures

Excess of revenues over expenditures

OTHER FINANCING SOURCES (USES) Transfers in Transfers (out) for debt service payments Total other financing sources (uses)

3,048,677 (2,895,698)

152,979

Net change in fund balances

1,975,017

FUND BALANCES Beginning of year

8,097,296

Ending

$ 10,072,313

The accompanying notes are an integral part of this financial statement. ‐ 20 ‐

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