| CITY OF BURLINGTON | ||||||||||||||||||||
| SPECIAL REVENUE COMMUNITY DEVELOPMENT BLOCK GRANT | ||||||||||||||||||||
| BUDGET FOR THE YEAR 2008 | ||||||||||||||||||||
| Anticipated | Proposed | Proposed | Proposed | |||||||||||||||||
| Actual | Budget | Actual | Budget | Actual | Budget | Budget | Budget | |||||||||||||
| 2005 | 2006 | 2006 | 2007 | 2007 | 2008 | 2009 | 2010 | |||||||||||||
| Revenues | ||||||||||||||||||||
| Intergovernmental | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | ||||
| 253-484810-000 | Loan Reimbursement | ####### | ####### | 3,814 | 146,824 | 140,759 | 140,759 | 140,759 | - | |||||||||||
| 253-484811-000 | Interest Income | 49,872 | 41,265 | 15,692 | 14,674 | 21,000 | 6,457 | 5,657 | - | |||||||||||
| Total Revenues | ####### | ####### | 19,505 | 161,498 | 161,759 | 147,216 | 146,416 | - | ||||||||||||
| Expenditures | ||||||||||||||||||||
| Current | ||||||||||||||||||||
| 253-565639-399 | Economic Development | - | ####### | - | 100,000 | - | 200,000 | 100,000 | 90,000 | |||||||||||
| RLF Administration (Pd. To RCEDC) | 13,321 | 14,076 | 14,682 | 14,682 | 14,806 | 15,000 | - | |||||||||||||
| Repayment to DOC (1/2 of Hi-Liter ED) | 48,654 | 48,654 | 48,654 | 48,654 | 48,654 | 48,654 | - | |||||||||||||
| Total Service and Material Expenditures | 61,975 | ####### | 62,730 | 163,336 | 63,336 | 263,460 | 163,654 | 90,000 | ||||||||||||
| Excess Revenues Over (Under) Expenditures | ####### | (97,771) | (43,225) | (1,838) | 98,423 | (116,245) | (17,238) | (90,000) | ||||||||||||
| Fund Balance - January 1 | 60,045 | ####### | 174,195 | 130,970 | 130,970 | 229,393 | 113,149 | 95,911 | ||||||||||||
| Fund Balance - December 31 | $ | ####### | $ | 76,424 | $ | 130,970 | $ | 129,132 | $ | 229,393 | $ | 113,149 | $ | 95,911 | $ | 5,911 | ||||
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