FINANCIAL STATEMENTS (2020)
Daytona Beach Community Redevelopment Agency Schedule of Revenues, Expenditures and Changes in Fund Balance ‐ Budget and Actual – Community Redevelopment Agency Fund
Budgeted Amounts
Actual
Original
Final
Amounts
Variance
REVENUES: Licenses and permits Intergovernmental Charges for services Income on investments
$ 18,561 3,460,677
$ 18,561 3,495,992
$ 11,808
$
(6,753) (59,284) 28,375 (2,009) (39,071) 600
3,436,708
12,000
12,000
12,600 28,375
‐
‐
2,602,026 6,093,264
2,026
17
Miscellaneous Total revenues
3,528,579
3,489,508
EXPENDITURES: Current operating:
6,755,137 6,755,137
11,617,243 11,617,243
1,667,470 1,667,470
9,949,773 9,949,773
Economic environment
Total expenditures
Excess (deficiency) of revenues over (under) expenditures
(661,873)
(8,088,664)
1,822,038
9,910,702
OTHER FINANCING SOURCES (USES):
506,114 3,051,457 (2,895,698)
7,935,900 3,048,462 (2,895,698) 8,088,664
‐
(7,935,900)
Budgetary reserves
3,048,677 (2,895,698)
215
Transfers in
‐
Transfers (out)
661,873
152,979
(7,935,685)
Total other financing sources (uses)
‐
‐
1,975,017
1,975,017
Net change in fund balance
FUND BALANCE: Beginning
8,097,296 $ 8,097,296
8,097,296 $ 8,097,296
8,097,296 $10,072,313
‐
$ 1,975,017
Ending
‐ 36 ‐
5 YEAR CRA Comprehensive Report | 113 | Return to Table of Contents
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