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CITY OF LAMAR, COLORADO
<br />SCHEDULE OF REVENUES EXPENDITURES AND CHANGES IN
<br />FUND BALANCES - BUDGET TO ACTUAL - WATER FUND
<br />(NON -GAAP BUDGETARY BASIS)
<br />For The Year Ended December 31, 2011
<br />Expenditures
<br />Variance
<br />Personal services
<br />734,518
<br />734,518
<br />682,929
<br />Positive
<br />Contractual services
<br />Original
<br />Final
<br />Actual
<br />(Negative)
<br />Revenues
<br />264,345
<br />264,345
<br />260,529
<br />3,816
<br />Charges for services
<br />$ 2,407,170 $
<br />2,407,170 $
<br />2,471,936
<br />$ 64,766
<br />Investment earnings
<br />6,000
<br />6,000
<br />10,565
<br />4,565
<br />Miscellaneous revenue
<br />34,000
<br />34,000
<br />59,690
<br />25,690
<br />Total Revenues
<br />2,447,170
<br />2,447,170
<br />2,542,191
<br />95,021
<br />Expenditures
<br />Personal services
<br />734,518
<br />734,518
<br />682,929
<br />51,589
<br />Contractual services
<br />202,950
<br />202,950
<br />190,611
<br />12,339
<br />Purchased water
<br />264,345
<br />264,345
<br />260,529
<br />3,816
<br />Repairs and maintenance
<br />169,570
<br />169,570
<br />129,062
<br />40,508
<br />Supplies and expenses
<br />251,476
<br />251,476
<br />147,107
<br />104,369
<br />Depreciation and amortization
<br />266,082
<br />266,082
<br />340,320
<br />(74,238)
<br />Bad debt
<br />13,500
<br />13,500
<br />10,446
<br />3,054
<br />Insurance claims and expenses
<br />39,169
<br />39,169
<br />36,092
<br />3,077
<br />Debt service
<br />510,223
<br />510,223
<br />88,348
<br />421,875
<br />Capital outlay
<br />1,325,200
<br />1,325,200
<br />1,547,290
<br />(222, 090)
<br />Miscellaneous
<br />80,954
<br />80,954
<br />60,024
<br />20,930
<br />Total Expenditures
<br />3,857,987
<br />3,857,987
<br />3,492,758
<br />365,229
<br />Deficiency Of Revenues
<br />Under Expenditures (1,410,817) (1,410,817) (950,567) 460,250
<br />Other Financing Uses
<br />Transfers out (200, 000) (200, 000) (200, 000) -
<br />Net Changes In Fund Balance -
<br />Non -GAAP Basis $ (1,610,817) $ (1,610,817) (1,150,567) $ 460,250
<br />Reconciliation To GAAP Basis:
<br />Add: Capital outlay 1,547,290
<br />Add: Loss on sale of asset (106,329)
<br />Net Change In Net Assets -
<br />GAAP Basis
<br />$ 290,394
<br />See the accompanying independent auditors' report. Page 68
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