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C150120 Financials 2011
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C150120 Financials 2011
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Last modified
5/8/2015 9:41:08 AM
Creation date
8/13/2014 12:09:22 PM
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Template:
Loan Projects
Contract/PO #
CT2015-036
C150120
Contractor Name
Mancos Water Conservancy District
Contract Type
Loan
Water District
34
County
Montezuma
Bill Number
MC3
Loan Projects - Doc Type
Report
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MANCOS WATER CONSERVANCY DISTRICT <br /> SCHEDULE OF REVENUES, EXPENDITURES AND <br /> ICHANGES IN FUND BALANCE <br /> GENERAL FUND <br /> BUDGET AND ACTUAL <br /> IYear Ended December 31, 2011 <br /> I Original Variance <br /> and Final Favorable <br /> Budget Actual (Unfavorable) <br /> IRevenues <br /> Property taxes $243,400 $256,350 $12,950 <br /> 1 <br /> Expenditures <br /> ITreasurer's fees 7,035 4,694 2,341 <br /> Director's fees 6,000 1,890 4,110 <br /> Auditing 9,000 9,000 <br /> I Bonds 200 100 100 <br /> Salary 5,147 5,286 (139) <br /> Payroll taxes 395 395 0 <br /> ITotal Expenditures 27,777 12,365 0 <br /> Excess of Revenues Over Expenditures 215,623 243,985 0 <br /> Other Financing Sources (Uses) <br /> Emergency fund (7,302) (854) 6,448 <br /> ' Transfers to Enterprise Fund (205,000) (18,200) 186,800 <br /> Total Other Financing (Uses) (212,302) (19,054) 193,248 <br /> 111 Net Change in Fund Balance 3,321 224,931 221,610 <br /> Fund Balance, Beginning 106,448 307,921 201,473 <br /> IFund Balance, Ending Budgetary Basis $109,769 532,852 $423,083 <br /> II Reconciliation of Budgetary Basis <br /> to GAAP Basis Financial Statements <br /> ii Decrease in Other Financing Uses <br /> Emergency fund 854 <br /> Fund Balance, Ending GAAP Basis $533,706 <br /> 1 • <br /> I <br /> I <br /> I See accompanying notes to required supplementary information <br /> 17 <br />
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