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HomeMy WebLinkAbout2007 Annual Impact Fee ReportTOWN OF MARANA DEVELOPMENT IMPACT FEE REPORT FORM STATEMENT OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE FOR FISCAL YEAR ENDING JUNE 30, 2007 (Amended - August 29, 2008) Loans Fund 103 Fund 107 Fund 106 Fund 105 Fund 551 Interest Fund 561 $ Impact Fee Area South Benefit Area $ Town -wide North Benefit Area Desert Education Ctr Infrastructure Renewable Resource $ Impact Fee Type $ Residential $ Residential Residential $ Residential Residential $ Residential $ Impact Fee Purpose Transportation $ Parks 515,591.69 Transportation $ Education Center 60,000.00 Water System 497,524.65 $ Water System Surplus/(Deficit) $ Impact Fee Charged per EDU $ 2,435.00 $ 2,884.00 $ 5,941.00 $ 1,000.00 $ 1,467.00 8,272,289.88 $ 2,187,632.65 $ 328,334.06 $ 144,528.24 $ 399,905.00 $ - $ 11,332,689.83 Ending Fund Balance 6/30/07 $ 8,915,688.73 $ 3,113,186.07 $ 958,712.06 $ 204,661.70 $ 705,121.13 $ Total Beginning Balance @6/30/06 $ 8,272,289.88 $ 2,187,632.65 $ 328,334.06 $ 144,528.24 $ 399,905.00 $ - $ 11,332,689.83 Revenues Impact Fees Collected $ 420,681.00 $ 1,328,857.00 $ 630,378.00 $ 56,000.00 $ 362,373.00 $ 1,232,868.00 $ 4,031,157.00 Investment Earnings $ 222,717.85 $ 112,288.11 $ - $ 4,133.46 $ 2,843.13 $ 14,151.38 $ 356,133.93 Total Revenues $ 643,398.85 $ 1,441,145.11 $ 630,378.00 $ 60,133.46 $ 365,216.13 $ 1,247,019.38 $ 4,387,290.93 General Expenditures Capital Projects $ - $ 515,591.69 $ - $ - $ - $ 497,524.65 $ 1,013,116.34 General Administration $ $ - $ $ $ - $ - $ - Operations & Maintenance $ $ $ $ $ 60,000.00 $ $ 60,000.00 Vehicles & Equipment $ $ $ $ $ - $ $ - Other $ $ $ $ $ - $ $ Sub -total - General Expenditures $ $ 515,591.69 $ $ $ 60,000.00 $ 497,524.65 $ 1,073,116.34 Bonds Interest $ $ - $ $ $ - $ - $ Principal $ $ $ $ $ $ $ Sub -total - Debt Service $ $ $ $ $ $ $ Loans Interest $ $ $ $ $ $ $ Principal $ $ $ $ $ $ $ Sub -total - Loans $ $ $ $ $ $ $ Total Expenditures $ $ 515,591.69 $ $ $ 60,000.00 $ 497,524.65 $ 1,073,116.34 Surplus/(Deficit) $ 643,398.85 $ 925,553.42 $ 630,378.00 $ 60,133.46 $ 305,216.13 $ 749,494.73 $ 3,314,174.59 Beginning Fund Balance $ 8,272,289.88 $ 2,187,632.65 $ 328,334.06 $ 144,528.24 $ 399,905.00 $ - $ 11,332,689.83 Ending Fund Balance 6/30/07 $ 8,915,688.73 $ 3,113,186.07 $ 958,712.06 $ 204,661.70 $ 705,121.13 $ 749,494.73 $ 14,646,864.42