Transportation Fund to account for the receipt and expenditure of the Citys

Transportation fund to account for the receipt and

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Transportation Fund – to account for the receipt and expenditure of the City’s share of the Highway Users taxes. State law restricts the use of these monies to maintenance, construction and reconstruction of streets, and repayment of transportation-related general obligation debt. City of Kelsey
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City of Kelsey Transportation Fund Balance Sheet June 30, 2005 Assets 2004 2005 Pooled cash and investments $830,876 $847,833 Receivables: Taxes 46,200 47,143 Accrued interest 4,902 5,002 Due from other governments 114,894 117,239 Total assets 996,873 1,017,217 Liabilities Accounts payable 170,727 170,825 Accrued expenses 1,594 1,692 Claims and judgments 206 304 Total Liabilities 172,527 172,821 Fund Balance Fund Balance Reserve for Encumbrances 50,000 36,711 Undesignated 824,345 807,684 Total Fund Balance 874,345 844,396 Total Liabilities and Fund Balance $1,046,873 $1,017,217 City of Kelsey
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City of Kelsey Transportation Fund Statement of Revenues, Expenditures and Changes in Fund Balance June 30, 2005 Revenues 2004 2005 Intergovernmental $2,842,000 $2,900,000 Total revenues 2,842,000 2,900,000 Expenditures Current: Debt service: Public works 2,537,770 2,498,372 Principal retirement 1,147,173 Interest and fiscal fees 2,200,000 Total Expenditures 2,537,770 5,845,545 Excess (deficiency) of revenues and other sources over expenditures before other uses 304,230 (2,945,545) Other financing sources (uses) Transfers to other funds (1,505,000) Total other financing sources (uses) (1,505,000) Excess (deficiency) of revenues and other sources over expenditures and other uses 304,230 (4,450,545) Fund balance at beginning of year 5,192,339 5,496,569 Fund balance at end of year $ 5,496,569 $ 1,046,024 City of Kelsey
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Original Final (budgetary basis) (Negative) $2,875,000 $2,875,000 $2,900,000 $25,000 2,875,000 2,875,000 2,900,000 25,000 City of Kelsey Transportation Special Revenue Fund Statement of Revenues, Expenditures and Changes in Fund Balance- Budget to Actual June 30, 2005 Budgeted Amounts Variance with Actual Final Budget Amounts Positive Revenues Intergovernmental Total revenues Expenditures Current: Public works 2,675,000 2,600,298 2,498,372 (101,926) Debt service: Principal retirement 1,147,173 1,147,173 1,147,173 Interest and fiscal fees 2,200,000 2,200,000 2,200,000 Total expenditures 6,022,173 5,947,471 5,845,545 (101,926) Other financing sources (uses) Transfers to other funds (1,505,000) (1,505,000) (1,505,000) Total other financing sources (uses) (1,505,000) (1,505,000) (1,505,000) Net change in fund balance ($4,652,174) ($4,577,471) ($4,450,545) $126,926 City of Kelsey
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Statistical Section The following section contains various statistical schedules including historical revenue and expenditure comparisons, property taxes, debt service, and demographic information City of Kelsey
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City Of Kelsey General Governmental Revenues by Source Last Ten Years Fiscal Year Ended June 30, Taxes Intergovernmental Investment income Charges for services Fines and forfeitures Licenses and permits Miscellaneous Total 2005 $ 35,009,864 2,900,235 430,129 2,568,047 1,943,711 377,172 762,136 $ 43,991,294 2004 34,502,167 2,858,177 423,891 2,530,806 1,915,524 371,703 751,084 43,353,353 2003 34,001,833 2,816,729 417,744 2,494,105 1,887,746 366,312 740,192 42,724,663 2002 33,508,754 2,775,882 411,686 2,457,937 1,860,371 361,000 729,458 42,105,089 2001 33,022,826 2,735,628 405,716 2,422,293 1,833,393 355,765 718,880 41,494,501 2000 32,543,944 2,695,957 399,833 2,387,166 1,806,806 350,606 708,455 40,892,767 1999 32,072,007 2,656,861 394,035 2,352,549 1,780,604 345,522 698,181 40,299,759 1998 31,606,913 2,618,333 388,321 2,318,433 1,754,783 340,511 688,057 39,715,350 1997 31,148,564 2,580,363 382,689 2,284,812 1,729,336 335,573 678,079 39,139,417 1996 30,696,862 2,542,944 377,140 2,251,679 1,704,258 330,707 668,245 38,571,835 City of Kelsey
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City of Kelsey General Governmental Expenditure by Progam Ten Years Ended Community Development Administrative June 30, Police Fire services Public Works Mayor and council City manager services services Total 2005 14,845,267 5,010,608 6,043,324 2,498,372 141,658 1,214,913 6,333,886 1,500,727 37,588,755 2004 14,744,452 4,976,581 6,002,283 2,481,405 140,696 1,206,662 6,290,872 1,490,535 37,333,487 2003 14,644,321 4,942,784 5,961,521 2,464,554 139,741 1,198,468 6,248,150 1,480,413 37,079,953 2002 14,544,871 4,909,218 5,921,036 2,447,817 138,792 1,190,329 6,205,719 1,470,360 36,828,140 2001 14,446,095 4,875,879 5,880,826 2,431,194 137,849 1,182,245 6,163,575 1,460,374 36,578,038 2000 14,347,991 4,842,766 5,840,889 2,414,683 136,913 1,174,217 6,121,718 1,450,457 36,329,634 1999 14,250,553 4,809,879 5,801,223 2,398,285 135,983 1,166,243 6,080,145 1,440,607 36,082,917 1998 14,153,776 4,777,215 5,761,827 2,381,998 135,060 1,158,323 6,038,854 1,430,823 35,837,876 1997 14,057,657 4,744,772 5,722,698 2,365,822 134,142 1,150,456 5,997,844 1,421,107 35,594,498 1996 13,962,191 4,712,550 5,683,835 2,349,755 133,231 1,142,643 5,957,112 1,411,456 35,352,774 Note: (1) Includes general and special revenue City of Kelsey
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