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Cabarrus County, North Carolina
<br />Other Funds
<br />Statement of Revenues and Expenditures - Budget and Actual
<br />As of March 31, 2024*
<br />*this report was pulled prior to month end close
<br />Budgeted Amounts
<br />Variance with
<br />% Collected
<br />Original Final Actual Amounts
<br />Encumbrances*
<br />Final Budget
<br />or Used
<br />Fire Districts Fund
<br />REVENUES
<br />Ad Valorem Taxes
<br />$
<br />(7,099,003) $ (7,099,003) $ (6,793,944)
<br />$
<br />$
<br />305,059
<br />95.7%
<br />Total Fire Districts Fund
<br />$
<br />(7,099,003) $ (7,099,003) $ (6,793,944)
<br />$
<br />$
<br />305,059
<br />95.7%
<br />EXPENDITURES
<br />Fire Districts
<br />$
<br />7,099,003 $ 7,099,003 $ 6,793,944
<br />$
<br />$
<br />305,059
<br />95.7%
<br />Total Fire Districts Fund
<br />$
<br />7,099,003 $ 7,099,003 $ 6,793,944
<br />$
<br />$
<br />305,059
<br />95.7%
<br />Social Services Fund
<br />REVENUES
<br />Sales and Services
<br />$
<br />(400,000)
<br />$
<br />(400,000)
<br />$
<br />$
<br />$
<br />400,000
<br />0.0%
<br />Total Social Services Fund
<br />$
<br />(400,000)
<br />$
<br />(400,000)
<br />$
<br />$
<br />$
<br />400,000
<br />0.0%
<br />EXPENDITURES
<br />Operations
<br />$
<br />400,000
<br />$
<br />400,000
<br />$
<br />$
<br />$
<br />400,000
<br />0.0%
<br />Total Social Services Fund
<br />$
<br />400,000
<br />$
<br />400,000
<br />$
<br />$
<br />$
<br />400,000
<br />0.0%
<br />Intergovernmental Fund
<br />REVENUES
<br />Sales and Services
<br />$
<br />(2,170,000)
<br />$
<br />(2,170,000)
<br />$
<br />(1,699,566)
<br />$
<br />$
<br />470,434
<br />78.3%
<br />Total Intergovernmental Fund
<br />$
<br />(2,170,000)
<br />$
<br />(2,170,000)
<br />$
<br />(1,699,S66)
<br />$
<br />$
<br />470,434
<br />78.3%
<br />EXPENDITURES
<br />Operations
<br />$
<br />2,170,000
<br />$
<br />2,170,000
<br />$
<br />1,611,327
<br />$
<br />$
<br />558,673
<br />74.3%
<br />Total Intergovernmental Fund
<br />$
<br />2,170,000
<br />$
<br />2,170,000
<br />$
<br />1,611,327
<br />$
<br />$
<br />558,673
<br />74.3%
<br />Opioid Setlement Fund
<br />REVENUES
<br />Investment Earnings
<br />$
<br />$
<br />(52,001)
<br />$
<br />(82,354)
<br />$
<br />$
<br />(30,353)
<br />158.4%
<br />Miscellaneous
<br />$
<br />$
<br />(3,019,067)
<br />$
<br />(2,528,100)
<br />$
<br />$
<br />490,967
<br />83.7%
<br />Other Finance Sources
<br />$
<br />$
<br />(1,349,937)
<br />$
<br />-
<br />$
<br />$
<br />1,349,937
<br />0.0%
<br />Total Opioid Fund
<br />$
<br />$
<br />(4,421,005)
<br />$
<br />(2,610,454)
<br />$
<br />$
<br />1,810,551
<br />59.0%
<br />EXPENDITURES
<br />Operations
<br />$
<br />$
<br />4,421,005
<br />$
<br />228,597
<br />$
<br />252,671
<br />$
<br />3,939,737
<br />5.2%
<br />Total Opioid Fund
<br />$
<br />$
<br />4,421,005
<br />$
<br />228,597
<br />$
<br />252,671
<br />$
<br />3,939,737
<br />5.2%
<br />TOTAL REVENUES
<br />$
<br />$
<br />(32,009,325)
<br />$
<br />-
<br />$
<br />12,895,483
<br />71.3%
<br />(36,987,179)
<br />$
<br />(44,924,907)
<br />TOTAL EXPENDITURES
<br />$
<br />36,987,179
<br />$
<br />44,924,907
<br />$
<br />27,739,969
<br />$
<br />2,866,229
<br />$
<br />3,939,737
<br />68.1%
<br />Excess (deficiency) of revenues
<br />over (under) expenditures
<br />$
<br />-
<br />$
<br />-
<br />$
<br />4,269,356
<br />$
<br />(2,866,229)
<br />$
<br />8,955,745
<br />* In order to be compliant with G.S. 159-28, all
<br />p-card transactions are encumbered
<br />in the departmental functions within their budgets
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