HomeMy WebLinkAboutNC Comprehensive Report (Finance) (103)CITY OF NATIONAL CITY
Joint Powers Financing Authority Debt Service Fund
Schedule of Revenue, Expenditures and Changes in Fund Balance - Budget and Actual
Revenues:
Intergovernmental
Total revenues
For the Year Ended June 30, 2012
Variance with
Final Budget
Budget Amounts Actual Positive
Original Final Amounts (Negative)
$ 487,450 487,450 487,450
487,450 487,450 487,450
Expenditures:
Debt service:
Principal 400,000 400.000 400,000
Interest and fiscal charges 87,450 87,450 87,917
Total expenditures
Excess (deficiency) of revenues
over (under) expenditures
(467)
487,450 487,450 487,917 (467)
(467) (467)
Net change in fund balances - (467) (467)
Fund balance, beginning of year 685 685 685
Fund balance, end of year $ 685 685 218 (467)
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