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HomeMy WebLinkAboutJune 2013 Financial StatementsHarnett c0UNTv Revenues: Ad valorem taxes Other taxes and licenses Unrestricted intergovernmental Restricted intergovernmental Permits and fees Sales and services Investment earnings Other general revenues Total revenues Expenditures: Current: General government Public safety Environmental protection Transportation Economic and physical development Human services Cultural and recreational Education Debt service: Principal Interest and fees Total expenditures County of Harnett Financial Summary Report June 30, 2013 General Fund Excess(deficiency) of revenues over (under) expenditures $ (4,752,077) (4,752,077) $ (5,603,719) Other financing sources (uses): Capital Lease Sources Residual Equity Transfers in Transfers out Appropriated Fund Balance Capital Reserve Contingency Total other financing sources (uses) Y -T -D Fund Balance Increase (Decrease) $ 1,165,000 Current Budget 1,165,000 $ Y -T -D % Annual Budget (12 months) Actual to Date Collected 473,379 $ 473,379 $ 53,720,461 53,720,461 $ 54,580,855 101.60% 14,133,123 14,133,123 9,409,741 66.58% 40,044 40,044 42,845 106.99% 20,533,396 20,533,396 18,611,140 90.64% 2,492,709 2,492,709 3,039,698 121.94% 9,519,319 9,519,319 7,214,202 75.78% 4,856 4,856 6,965 143.42% 3,170,783 3,170,783 2,371,400 74.79% $ 103,614,691 103,614,691 $ 95,276,845 91.95% Actual to Date Current Budget Including Y -T -D % Annual Budget (12 months) Encumbrances Expended $ 12,303,726 12,303,726 $ 11,793,990 95.86% 27,498,200 27,498,200 24,806,797 90.21% 136,066 136,066 123,599 90.84% 186,568 186,568 176,698 94.71% 5,467,493 5,467,493 5,218,166 95.44% 28,551,470 28,551,470 24,998,030 87.55% 1,442,695 1,442,695 1,326,001 91.91% 20,950,818 20,950,818 20,950,818 100.00% 6,578,594 6,578,594 6,423,974 97.65% 5,251,138 5,251,138 5,062,492 96.41% $ 108,366,768 108,366,768 $ 100,880,564 93.09% Excess(deficiency) of revenues over (under) expenditures $ (4,752,077) (4,752,077) $ (5,603,719) Other financing sources (uses): Capital Lease Sources Residual Equity Transfers in Transfers out Appropriated Fund Balance Capital Reserve Contingency Total other financing sources (uses) Y -T -D Fund Balance Increase (Decrease) $ 1,165,000 $ 1,165,000 $ - 1,141,526 $ 1,141,526 960,622 473,379 $ 473,379 13,263 (510,491) $ (510,491) (455,491) 2,482,663 $ 2,482,663 - $ 4,752,077 $ 4,752,077 $ 518,394 $ - $ - $ (5,085,325) Current Year Encumbrances - General Fund $ - Harnett County of Harnett 14,470,262 2,792,620 C 0 u N T Y Financial Summary Report - 0 ,N611 CAROLAA June 30, 2013 0 2,21.6,099 Public Utilities Fund 2,156,281 1,080,365 1,080,365 Current Budget Y -T -D % 25,1.20,412 $ Annual Budget (12 months) Actual to Date Collected Revenues: $ 505,097 $ 505,097 $ 7,798,469 Charges for services $ 22,107,000 22,107,000 $ 23,073,048 104.37% Water and sewer taps 345,000 345,000 304,032 88.13% Investment earnings 5,000 5,000 5,218 104.37% Johnston County 3,600 3,600 3,703 102.86% Other operating revenues 2,258,812 2,258,812 2,716,500 120.26% Sale of Other Assets 1,000 1,000 17,102 0.00% Capital Outlay Offset - 0 373,440 0.00% Fund Balance Appropriated 905,097 905,097 - 0.00% Total revenues $ 25,625,509 25,625,509 $ 26,493,043 103.39% Actual to Date Current Budget Including Y -T -D % Annual Budget (12 months) Encumbrances Expended Expenditures: Operating Expenses Capital Lease Districts Depreciation Expense Debt Service: Principal Interest Total expenditures Revenue over(under) expenditures Other financing sources (uses): Transfers in Transfers out Total other financing sources (uses) Excess of revenues and other financing sources (uses) over (under) expenditures and other financing sources (uses) $ 19,031,328 19,031,328 $ 14,470,262 2,792,620 2,792,620 1,172,400 - 0 - 0 2,21.6,099 2,216,099 2,156,281 1,080,365 1,080,365 895,631 $ 25,120,412 25,1.20,412 $ 1.8,694,574 $ 505,097 $ 505,097 $ 7,798,469 (505,097) (505,097.00) $ (505,097) (505,097) $ Current Year Encumbrances - Public Utilities $ - $ 7,798,469 76.03% 41.98% 0.00% 97.30% 74.42% Expenditures: Operating Expenses Depreciation Expense Debt Service: Principal Interest Total expenditures Revenue over(under) expenditures Other financing sources (uses): Bonds and capital lease issuance Bond Premium Revenue Bonds Transfers in Transfers out Total other financing sources (uses) Excess of revenues and other financing sources (uses) over (under) expenditures and other financing sources (uses) Actual to Date Current Budget Including Y -T -D % Annual Budget (12 months) Encumbrances Expended $ 5,753,898 5,753,898 $ 4,549,553 79.07% - - - 0.00% - - - 0.00% 65,518 65,518 65,518 100.00% 85,790 85,790 77,618 90.47% $ 5,905,206 5,905,206 $ 4,692,689 79.47% $ (539,763) (539,763) $ 157,587 739,763 739,763 - (200,000) (200,000) - $ 539,763 539,763 $ - Current Year Encumbrances -Solid Waste $ $ 157,587 Harnett County of Harnett C 0 u N T v Financial Summary Report NORTH CAI 011NA' June 30, 2013 Solid Waste Fund Current Budget Y -T -D % Annual Budget (12 months) Actual to Date Collected Revenues: Solid Waste User Fees $ 5,068,923 5,068,923 $ 4,644,255 91.62% Other operating revenues 400 400 379 94.75% Investment Earnings 200 200 421 210.50% Solid Waste state taxes 259,000 259,000 168,301 64.98% Capital Outlay Offset - - - 0,00% Sale of Other Assets 36,920 36,920 36,920 100.00% Fund Balance Appropriated - - - 0.00% Total revenues $ 5,365,443 5,365,443 $ 4,850,276 90.40% Expenditures: Operating Expenses Depreciation Expense Debt Service: Principal Interest Total expenditures Revenue over(under) expenditures Other financing sources (uses): Bonds and capital lease issuance Bond Premium Revenue Bonds Transfers in Transfers out Total other financing sources (uses) Excess of revenues and other financing sources (uses) over (under) expenditures and other financing sources (uses) Actual to Date Current Budget Including Y -T -D % Annual Budget (12 months) Encumbrances Expended $ 5,753,898 5,753,898 $ 4,549,553 79.07% - - - 0.00% - - - 0.00% 65,518 65,518 65,518 100.00% 85,790 85,790 77,618 90.47% $ 5,905,206 5,905,206 $ 4,692,689 79.47% $ (539,763) (539,763) $ 157,587 739,763 739,763 - (200,000) (200,000) - $ 539,763 539,763 $ - Current Year Encumbrances -Solid Waste $ $ 157,587