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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, 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 /> Intergovernmental:
<br /> Local:
<br /> Franchise fees 114,080$ 114,080$ 115,849$ 1,769$ 119,128$
<br /> Investment earnings (loss)6,600 6,600 12,411 5,811 14,922
<br />Total revenues 120,680 120,680 128,260 7,580 134,050
<br />Expenditures:
<br /> Parks and recreation:
<br /> Current:
<br /> Personal services 10,700 10,700 5,568 5,132 9,094
<br /> Commodities 1,300 1,300 167 1,133 612
<br /> Contractual services 64,825 64,825 61,110 3,715 62,475
<br /> Capital outlay 30,573 30,573 10,906 19,667 -
<br />Total expenditures 107,398 107,398 77,751 29,647 72,181
<br />Revenues over (under) expenditures 13,282 13,282 50,509 37,227 61,869
<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 (21,718)$ (21,718)$ 15,509 37,227$ 26,869
<br />Fund balance - January 1 476,402 449,533
<br />Fund balance - December 31 491,911$ 476,402$
<br />Budgeted Amounts
<br />99
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