| |
COMPREHENSIVE ANNUAL FINANCIAL REPORT |
All Governmental Fund Types For The Year Ended December 31, 2007 |
| Category |
General |
Ambulance |
Airport |
UDAG
Revolving Loans |
Com. Loan Program |
Permanent Improv. |
Reserve Cap Outlay W&S |
Other Govt Funds |
Total Govt. Funds |
| Revenues |
| Taxes |
$707,624 |
|
|
|
|
$297,774 |
|
$805,698 |
$1,811,096 |
| License and Permits |
58,605 |
|
|
|
|
|
|
|
58,605 |
| Inter-governmental |
3,321,502 |
11,302 |
2,047,435 |
|
|
453,366 |
|
274,247 |
6,107,852 |
| Charges for Services |
244,780 |
558,051 |
170,809 |
31,250 |
2,745 |
|
|
76,826 |
1,084,461 |
| Fines and Forfeits |
81,948 |
|
|
|
|
|
|
10,308 |
92,256 |
| Special Assessments |
|
|
|
|
|
|
|
18,013 |
18,013 |
| Investment Earnings |
355,040 |
|
16,880 |
54,845 |
3,659 |
|
|
8,998 |
439,422 |
| Other |
8,611 |
|
|
|
|
|
|
312,051 |
320,662 |
| Total Revenues |
4,778,110 |
569,353 |
2,235,124 |
86,095 |
6,404 |
751,140 |
|
1,506,141 |
9,932,367 |
| Expenditures |
|
|
|
|
|
|
|
|
|
| General Government |
711,106 |
|
|
5,772 |
|
|
|
3,223 |
720,101 |
| Public Safety |
1,790,408 |
670,298 |
|
|
|
|
|
6,450 |
2,467,156 |
| Public Works |
1,318,079 |
|
|
|
|
|
7,023 |
45,338 |
1,370,440 |
| Culture and Recreation |
|
|
|
|
|
|
|
625,250 |
625,250 |
| Community Development |
|
|
|
|
87,039 |
|
|
96,971 |
184,010 |
| Airport |
139,100 |
|
554,774 |
|
|
|
|
|
693,874 |
| Other |
397,798 |
|
|
|
|
|
|
555,706 |
953,504 |
| Construction |
|
|
1,763,948 |
129,843 |
|
714,109 |
8,481 |
391,176 |
3,007,557 |
|
|
|
|
|
|
|
|
|
| Principal |
|
|
|
|
|
|
|
|
|
| Interest and Fiscal Charges |
|
|
|
|
|
|
|
|
_____ |
| Total Expenditures |
4,356,491 |
670,298 |
2,318,722 |
135,615 |
87,039 |
714,109 |
15,504 |
1,724,114 |
10,021,892 |
| Excess (deficiency) of Revenues Over Expenditures |
421,619 |
(100,945) |
(83,598) |
(49,520) |
(80,635) |
37,031 |
(15,504) |
(217,973) |
(89,525) |
| Proceeds from Sales |
|
2,138 |
|
|
|
|
|
500 |
2,638 |
| Operating Transfers In |
314,600 |
|
|
|
85,975 |
79,996 |
19,845 |
128,387 |
628,803 |
| Operating Transfers Out |
(30,700) |
(14,695) |
|
|
|
|
|
(102,876) |
(148,281) |
| Total Other Financing Sources (Uses) |
283,900 |
(12,557) |
|
|
85,975 |
79,996 |
19,845 |
26,011 |
483,170 |
| Excess of Revenues and Other Financing SourcesOver (Under)Expenditures and Other Financing Uses |
705,519 |
(113,502) |
(83,598) |
(49,520) |
5,340 |
117,027 |
4,341 |
(191,962) |
393,645 |
| Fund Balances-Beginning of Year |
2,747,535 |
338,783 |
66,194 |
1,031,039 |
2,619 |
817,191 |
1,024,025 |
3,431,138 |
9,458,524 |
| Fund Balances-End of Year |
$3,453,054 |
$225,281 |
$(17,404) |
$981,519 |
$7,959 |
$934,218 |
$1,028,366 |
$3,239,176 |
$9,852,169 |
|
| |
| THE GENERAL FUND |
| The General fund accounts for all revenues and expenditures of a governmental unit that are not accounted for in other funds. It normally receives a greater variety and number of taxes and other general revenues than any other fund. This fund has revenues flowing into it such as general property taxes, licenses and permits, fines and penalties, intergovernmental revenues, charges for current services, and interest earnings. Most of the current day-to-day operations of governmental units will be financed from this fund. |
Category |
Original and Final Budget |
Actual |
Variance
Positive (Negative)
|
| Taxes |
| General Property tax |
$801,013 |
$707,624 |
$(93,389) |
| License and Permits |
52,000 |
58,605 |
6,605 |
| Intergovernmental |
| |
3,207,869 |
3,321,502 |
113,633 |
| Charges for service |
| |
322,727 |
244,780 |
(77,947) |
| Fines and forfeits |
| |
50,000 |
81,948 |
31,948 |
| Miscellaneous |
| Interest Earnings |
160,000 |
355,040 |
195,040 |
| Other |
2,000 |
8,611 |
6,611 |
| Total Revenues |
| |
$4,595,609 |
$4,778,110 |
$182,501 |
|
Category |
Original and Final Budget |
Actual |
Variance
Positive (Negative)
|
| General government |
| Mayor and Council |
$97,560 |
$102,041 |
$(4,481) |
| Elections |
6,009 |
24 |
5,985 |
| Administration |
333,899 |
304,379 |
29,520 |
| Contractual Services |
6,000 |
18,370 |
(12,370) |
| Legal |
85,114 |
77,918 |
7,196 |
| Boards and Commissions |
650 |
505 |
145 |
| General Government Buildings |
209,622 |
135,177 |
74,445 |
| Grounds |
75,031 |
72,692 |
2,339 |
| Total General Government |
813,885 |
711,106 |
102,779 |
|
|
|
|
| Public Safety |
| Law Enforcement |
1,388,233 |
1,274,458 |
113,775 |
| Fire Protection |
471,442 |
354,064 |
117,378 |
| Pound Master |
39,860 |
38,481 |
1,379 |
| Housing & Fire Code Enforcement |
27,392 |
33,285 |
(5,893) |
| Demolition of Buildings |
3,500 |
3,234 |
266 |
| Building & Plumbing Inspector |
86,864 |
82,790 |
4,074 |
| Safety Coordinator |
9,500 |
4,096 |
5,404 |
| Total Public Safety |
2,026,791 |
1,790,408 |
236,383 |
| Public Works |
| Engineering |
96,526 |
105,586 |
(9,060) |
| Streets |
867,738 |
769,781 |
97,957 |
| Garage |
209,725 |
190,277 |
19,448 |
| Street Lighting |
239,820 |
243,704 |
(3,884) |
| Sanitation |
7,600 |
8,731 |
(1,131) |
| Total Public Works |
1,421,409 |
1,318,079 |
103,330 |
| Other |
| Health Officer |
3,100 |
2,583 |
517 |
| Shade Tree Disease |
4,000 |
170 |
3,830 |
| Cemetery |
6,406 |
6,406 |
|
| Airport |
139,100 |
139,100 |
|
| Health Insurance |
274,944 |
250,958 |
23,986 |
| Unallocated |
187,274 |
137,681 |
49,593 |
| Total Other |
614,824 |
536,898 |
77,926 |
| Total Expenditures |
| |
4,876,909 |
4,356,491 |
520,418 |
| Excess of Revenues Over (Under)Expenditures |
(281,300) |
421,619 |
702,919 |
| Other Financing Sources (Uses) |
|
|
|
| Operating Transfers In |
312,000 |
314,600 |
2,600 |
| Operating Transfers Out |
(30,700) |
(30,700) |
|
| Total Other Financing Sources (Uses) |
281,300 |
283,900 |
2,600 |
| Excess of Revenues and Other Financing Sources Over (Under) Expenditures and Other Financing Uses |
| |
|
705,519 |
705,519 |
| Fund Balance-Beginning of Year |
2,747,535 |
2,747,535 |
|
| Fund Balance-Ending of Year |
$2,747,535 |
$3,453,054 |
$705,519 |
|
|
|
|
|
