Have Questions? Contact Us
Restricted Funds | ||||
---|---|---|---|---|
2013 | ||||
Capital Asset Fund $ |
Grant Fund $ |
Total $ |
||
Revenue | ||||
Contributions from CAB | - | 9,236,869 | 9,236,869 | |
Interest | - | 293,147 | 293,147 | |
Gain on sale of investments | - | 156,295 | 156,295 | |
Unrealized gain on investments | - | 140,275 | 140,275 | |
- | 9,826,586 | 9,826,586 | ||
Expenses | ||||
Grants – net of unused and returned funding | - | 6,830,407 | 6,830,407 | |
Amortization | 7,388 | - | 7,388 | |
Bank service charges | - | 361 | 361 | |
7,388 | 6,830,768 | 6,838,156 | ||
Excess (deficiency) of revenue over expenses | (7,388) | 2,995,818 | 2,988,430 | |
Fund balances – Beginning of year | 13,107 | 11,285,111 | 11,298,218 | |
Interfund transfers – Admin. Cost Allocation | 8,637 | (665,329) | (656,692) | |
Fund balances – end of year | 14,356 | 13,615,600 | 13,629,956 |