FINANCIAL STATEMENTS (2024)
Daytona Beach Community Redevelopment Agency Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual – Community Redevelopment Agency Fund
Budgeted Amounts
Actual
For the year ended September 30, 2024
Original
Final
Amounts
Variance
REVENUES: Licenses and permits Intergovernmental Charges for services Income on investments
$
13,300 $
13,300
$
-
$
(13,300) (16,709) 232,780 629,320
5,203,704 5,203,879
5,187,170 243,104 629,320
10,324
10,324
- -
- -
9,302
9,302
Miscellaneous Total revenues
5,227,328 5,227,503
6,068,896
841,393
EXPENDITURES: Current operating:
2,998,264 3,923,883
2,741,408 1,182,475
Economic environment Culture and recreation
-
52,540
-
52,540
3,709,908 23,133,708
1,524,544 21,609,164
Capital outlay
Debt Service: Interest and fiscal charges
-
27,140
25,000
2,140
6,708,172 27,137,271
4,290,952 22,846,319
Total expenditures
Excess (deficiency) of revenues over (under) expenditures
(1,480,844) (21,909,768)
1,777,944 23,687,712
OTHER FINANCING SOURCES (USES): Issuance of debt
- -
6,450,000 2,107,543
(4,342,457) (14,033,028)
14,033,028
-
Budgetary reserves, net
4,379,184 4,379,315
4,379,394
79
Transfers in Transfers (out)
(2,898,340)
(2,952,575) (3,016,421)
(63,846)
1,480,844 21,909,768
3,470,516 (18,439,252)
Total other financing sources (uses)
-
-
5,248,460 5,248,460
Net change in fund balance
FUND BALANCE: Beginning
15,221,872 15,221,872
15,221,872
-
$ 15,221,872 15,221,872 $ $ 20,470,332 5,248,460 $
Ending
- 41 -
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