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Attachment 2 <br /> 11E CITY OF <br /> Quarterly Financial Report <br /> rrr T l P Operating Budget <br /> I O <br /> l L 1 i 1 l 11 V a Third Quarter of FY 2009 -10 <br /> as of March 31, 2010 <br /> LPFD Fund Budget YTD Actual <br /> Fund Balance 110,710 <br /> Revenues 28,184,772 20,127,023 71.4% <br /> Expenditures 28,500,620 19,068,378 66.9% <br /> Net Income from Operations 315,848 1,058,645 <br /> Net Transfer In 205,138 <br /> Change in Fund Balance 110,710 <br /> Ending Fund Balance 0 <br /> Lower Income Housing Fund <br /> The Lower Income Housing Fund is at 69.2% of budgeted revenues and 32.0% of <br /> expenditures with 75% of the year completed and after reflecting Mid -Year budget <br /> reduction adjustments. Both revenue and expenditures are not expected to exceed <br /> estimates. <br /> Lower Income Housing Fund Budget YTD Actual <br /> Beginning Fund Balance 15,485,261 <br /> Revenues 916,560 634,594 69.2% <br /> Expenditures 1,313,272 419,833 32.0% <br /> Net Income from Operations 396,712 214,761 <br /> Net Transfer In 0 0 <br /> Change in Fund Balance 396,712 214,761 <br /> Ending Fund Balance 15,088,549 <br /> 7 <br /> Good. Positive Indicator Caution. Unsettled Indicator 4 Problem. Negative <br /> Indicator <br />