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CITY OF LITTLE CANADA, MINNESOTA
<br />SPECIAL REVENUE FUND - CABLE TV
<br />SCHEDULE OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
<br />For The Year Ended December 31, 2019
<br />With Comparative Data for the Year Ended December 31, 2018
<br />Variance with
<br />2019 Final Budget-2018
<br />Actual Positive Actual
<br />Original Final Amounts (Negative)Amounts
<br />Revenues:
<br /> Intergovernmental:
<br /> Local:
<br /> Franchise fees 125,500$ 125,500$ 119,128$ (6,372)$ 123,529$
<br /> Investment earnings (loss)3,054 3,054 14,922 11,868 6,271
<br />Total revenues 128,554 128,554 134,050 5,496 129,800
<br />Expenditures:
<br /> Parks and recreation:
<br /> Current:
<br /> Personal services 35,170 35,170 9,094 26,076 24,799
<br /> Commodities 1,300 1,300 612 688 94
<br /> Contractual services 59,330 59,330 62,475 (3,145) 51,585
<br /> Capital outlay - - - - 17,378
<br />Total expenditures 95,800 95,800 72,181 23,619 93,856
<br />Revenues over (under) expenditures 32,754 32,754 61,869 29,115 35,944
<br />Other financing sources (uses):
<br /> Transfer to General Fund (35,000) (35,000) (35,000) - (35,000)
<br />Net increase (decrease) in fund balance (2,246)$ (2,246)$ 26,869 29,115$ 944
<br />Fund balance - January 1 449,533 448,589
<br />Fund balance - December 31 476,402$ 449,533$
<br />Budgeted Amounts
<br />95
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