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03.03 Financial Statement
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03.03 Financial Statement
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8/3/2018 1:47:21 PM
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CITY OF PEQUOT LAKES <br /> SUMMARY REVENUES/EXPENDITURES COMPARED TO BUDGET <br /> FOR THE 6 MONTHS ENDING JUNE 30,2018 <br /> FUND 403 - CAPITAL IMPROVEMENT FUND <br /> MONTH YTD ANNUAL %OF <br /> ACTUAL ACTUAL BUDGET VARIANCE BUDGET <br /> REVENUE <br /> ASSESSMENTS/PRINCIPAUINTERES 720 5,144 250,000 244,856 2% <br /> OTHER FINANCING SOURCES 90,674 90,674 6,475,000 6,384,326 1% <br /> TOTAL FUND REVENUE 91,394 95,818 6,725,000 6,629,182 1% <br /> EXPENDITURES <br /> PUBLIC WORKS FACILITY 187,915 274,471 1,500,000 1,225,529 18% <br /> DOWNTOWN SE ST QUADRANT/CR 1 0 7,560 3,000,000 2,992,440 % <br /> TRAILSIDE PARK-PHASE 1 15,254 63,874 1,700,000 1,636,126 4°/a <br /> TRAILSIDE PARK-ST&UTILITY 0 0 260,000 260,000 % <br /> TOTAL FUND EXPENDITURES 203,168 345,905 6,460,000 6,114,095 5% <br /> NET REVENUE OVER EXPENDITURES ( 111,774) ( 250,087) 265,000 515,087 <br /> CASH ( 89,780) <br /> FOR ADMINISTRATION USE ONLY 50%OF THE FISCAL YEAR HAS ELAPSED 08/01/2018 02:55PM PAGE:14 <br />
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