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CITY OF LITTLE CANADA, MINNESOTA
<br />SPECIAL REVENUE FUND - PARKS AND RECREATION
<br />SCHEDULE OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
<br />For The Year Ended December 31, 2020
<br />With Comparative Data for the Year Ended December 31, 2019
<br />Variance with
<br />2020 Final Budget-2019
<br />Actual Positive Actual
<br />Original Final Amounts (Negative)Amounts
<br />Revenues:
<br /> Charges for services 38,230$ 38,230$ 20,534$ (17,696)$ 37,795$
<br /> Investment earnings (loss)390 390 1,335 945 1,791
<br /> Donations 1,000 1,000 5,820 4,820 -
<br />Total revenues 39,620 39,620 27,689 (11,931) 39,586
<br />Expenditures:
<br /> Parks and recreation:
<br /> Current:
<br /> Personal services - - 280 (280) 1,023
<br /> Commodities - - - - 62
<br /> Contractual services 28,995 28,995 16,808 12,187 21,917
<br />Total expenditures 28,995 28,995 17,088 11,907 23,002
<br />Revenues over (under) expenditures 10,625 10,625 10,601 (24) 16,584
<br />Other financing sources (uses):
<br /> Transfer to General Fund (16,000) (16,000) (15,025) (975) (15,535)
<br />Net increase (decrease) in fund balance (5,375)$ (5,375)$ (4,424) (999)$ 1,049
<br />Fund balance - January 1 42,265 41,216
<br />Fund balance - December 31 37,841$ 42,265$
<br />Budgeted Amounts
<br />98
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