HomeMy WebLinkAbout0004_3_Measure Z Update - Exhibit B Fund BalanceCITY OF LAKE ELSINORE, CALIFORNIA
STATEMENT OF REVENUES, EXPENDITURES, and CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
As of September 30, 2021
MEASURE Z
Annual
Ammended
Budget
Total
Activity
Percentage
of Budget
REVENUES:
Sales Tax 11,250,000$ 1,178,752$ 10%
Investment Interest 104,150 -0%
TOTAL REVENUES 11,354,150 1,178,752 10%
EXPENDITURES:
Public Safety Programs
Community Support 705,630 30,670 4%
Police Services 1,792,635 59,698 3%(1)
Fire Services 1,391,975 -0%(2)
Animal Services 55,600 14,500 26%(3)
Community Development 692,630 230,877 33%
Public Services 661,980 220,660 33%
Community Services 217,630 72,543 33%
Capital Improvement Programs
Collier Avenue 1,356,070 149,773 11%(4)
Downtown - Next Phase 400,000 -0%(5)
Rice Canyon Improvements 1,125,000 -0%
Main Street Pavement Rehab 800,000 -0%(5)
The Avenues 600,000 181,789 30%(4)
Peck & Chestnut 450,000 -0%(6)
Gedge & Trelven 250,000 -0%(5)
Pope Circle 200,000 -0%(5)
SB821 Sidewalks 480,000 -0%
Railroad Canyon & Main Street 800,000 -0%
Railroad Canyon & Diamond Drive 1,000,000 -0%
Railroad Canyon & Grape Street 370,000 -0%
Pavement Management Index 55,000 -0%(6)
Citywide Slurry 750,000 -0%(6)
TOTAL EXPENDITURES 14,154,150 628,948 4%
Revenues Over/(Under) Expenditures (2,800,000)549,804 -20%
OTHER FINANCING SOURCES/(USES):
Operating Transfers In --0%
Operating Transfers Out --0%
TOTAL OTHER FINANCING SOURCES/(USES)--0%
REVENUES OVER/(UNDER) EXPENDITURES and OTHER
FINANCING SOURCES/(USES)(2,800,000)549,804
Beginning Fund Balance as of 07/01/2021 4,646,180 4,646,180
Ending Fund Balance as of 09/30/2021 1,846,180$ 5,195,984$
Notes:
(1) Only received one billing from the County - July 2021
(2) Have not received County bill for the quarter
(3) Only received one billing from the AFV - July 2021
(4) Project is complete, waiting for final billing
(5) In design phase
(6) Construction started or will be starting in the next few weeks