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The table below lists revenues by source, expenditures and balances by year.
<br /> SOURCES OF FINANCIAL RESOURCES, EXPENDITURES AND FUND BALANCES
<br /> FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 TOTAL
<br /> Beginning Balances $19,040,305 $15,771,130 $12,186,055 $15,018,586 $19,040,305
<br /> Gas'Pax,Measure B and
<br /> Highway Funds $3,303,526 $2,296,300 $2,808,435 $1,896,300 $10,304,561
<br /> City Development Fees* $622,714 $2,227,878 $2,009,232 $3,076,728 _ $7,936,552
<br /> City $66,300 $170,
<br /> Fees*ty Utility Connection
<br /> F $170,605 $173,446 $194,815 $605,166
<br /> Fe -
<br /> Non City Development Fees $67,620 $144,739 $101,930 $79,662 _ $393,951
<br /> Grants and Miscellaneous $100,000 $50,000 $50,000 $50,000 $250,000
<br /> Annual General Fund
<br /> Contribution to CIP $0 $0 $1,700,000 $2,000,000 $3,700,000
<br /> Transfers from Other Funds $4,480,000 $5,170,000 $2,800,000 $2,800,000 _$15,250,000
<br /> Interest Earnings $722,900 $943,300 $439,845 $265,947 $2,371,992
<br /> Financial Resources $28,403,365 $26,773,952 $22,268,943 $25,832,038 $59,852,527
<br /> City Development Related
<br /> Fees Transferred to Next
<br /> Fiscal Year ($689,011) ($2,398,483) ($2,182,678) ($3,271,543) 1$8,541,718)
<br /> City Development Related
<br /> Fees Transferred from Prior
<br /> Fiscal Year _SO $689,014 _ $2,398,483 $2,182,678 _ $5,270,175
<br /> Transfer to Other Funds ($975,983) _ ($601,186) ($532,449) ($532,449) ($2,642,067)
<br /> Total Financial Resources $26,738,368 $24,463,297 $21,952,299 $23,760,724 $53,938,917
<br /> Expenditures $10,967,238 $12,277,242 $6,933,713 _ $6,414,194 _ $36,592,387
<br /> Ending Balance $15,771,1.30 $12,186,055 $15,108,586 $17,346,530 $17,346,530
<br /> *Represents fees projected for calendar year 2011.These fees are available for fiscal year 2012-13.
<br /> Total available financial resources, including beginning fund balances and transfers, projected in the first
<br /> two funded years of this CIP are $26,738,368 for 2011-12 and $24,463,297 for 2012-13 for a total of
<br /> $51,201,665 over the two funded years of this program. Of this amount, as noted above, a total of
<br /> $19,040,305 is in fund balance from past CIP's and from development revenue collected in calendar year
<br /> 2010. As a result, of the $26,738,368 in total Financial Resources in 2011-12, a total of $7,698,063
<br /> (28%) is anticipated new revenue. The following chart provides a graphic representation of a comparison
<br /> between the first two years of this CIP with the budgets from the two previously approved programs.
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